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European Markets Stall as China Covid Policy Takes Center Stage;  HSBC up 5% on RBC deal

European Markets Stall as China Covid Policy Takes Center Stage; HSBC up 5% on RBC deal

UK gilt market ‘not back to normal’, says BOE governor Britain’s gilt market is “not back to normal” after the Bank of England intervened on Sept. 28, according to Governor Andrew Bailey, who spoke to a committee of lawmakers on Tuesday. The governor said the bank did not want to buy pegged gilts, but “needed …

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Hong Kong shares rise nearly 4% in Asia session;  The Covid situation in China remains at the center of concerns

Hong Kong shares rise nearly 4% in Asia session; The Covid situation in China remains at the center of concerns

Hong Kong-listed property stocks rise after China changes fundraising rule Shares linked to Hong Kong-listed property developers surged after the Chinese regulator announced it would lift a ban on raising equity funds for the sector. The China Securities Regulatory Commission announced five measures to support the real estate market, including removing a multi-year restriction on …

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Tesla safety at center of South Korean lawsuit over fatal crash

Tesla safety at center of South Korean lawsuit over fatal crash

SEOUL, Nov 21 (Reuters) – Two years ago, in an upscale Seoul neighborhood, a white Tesla Model X slammed into the wall of a parking lot. The fire accident killed a prominent lawyer – a close friend of the South Korean president. Prosecutors have charged the driver with manslaughter. He blames Tesla. Choi Woan-jong, who …

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Who is Caroline Ellison and how did she end up at the center of FTX's collapse?

Who is Caroline Ellison and how did she end up at the center of FTX’s collapse?

“The Wolf of Wall Street” Jordan Belfort joined “Maria Bartiromo’s Wall Street” to discuss the fallout from FTX’s collapse and the scrutiny facing A-list celebrities and the SEC Chairman. The collapse of Sam Bankman-Fried’s FTX cryptocurrency exchange has led to increased attention on the role played by Alameda Research and its CEO Caroline Ellison in …

Who is Caroline Ellison and how did she end up at the center of FTX’s collapse? Read More »

Who is Caroline Ellison and how did she end up at the center of FTX's collapse?

Who is Caroline Ellison and how did she end up at the center of FTX’s collapse?

“The Wolf of Wall Street” Jordan Belfort joined “Maria Bartiromo’s Wall Street” to discuss the fallout from FTX’s collapse and the scrutiny facing A-list celebrities and the SEC Chairman. The collapse of Sam Bankman-Fried’s FTX cryptocurrency exchange has led to increased attention on the role played by Alameda Research and its CEO Caroline Ellison in …

Who is Caroline Ellison and how did she end up at the center of FTX’s collapse? Read More »

Fed Governor Pours Cold Water on Stock Market Rally;  Nvidia and AMD take center stage

Fed Governor Pours Cold Water on Stock Market Rally; Nvidia and AMD take center stage

Major equity indices traded mixed during the first half of Monday’s session. A Fed governor on Sunday told traders and investors to curb their enthusiasm after last week’s dramatic price moves, fueled by a rotation of 2022 winners, into all sorts of heavily shorted laggards. X The Dow Jones Industrial Average gained 0.2% in light …

Fed Governor Pours Cold Water on Stock Market Rally; Nvidia and AMD take center stage Read More »