Once some of those stocks are added to the key MSCI Emerging Markets Index, an MSCI executive said that about $17 billion to $18 billion should initially flow into mainland China’s stock market. Tracked by an estimated $1.6 trillion, a… Read More ›
Day: June 21, 2017
Family Policies That Could Piggyback Onto Tax Reform Effort Being Drawn By Ivanka Trump
In order to discuss family and child care policy as she seeks to build momentum around one of her signature issues, first daughter Ivanka Trump huddled with Republican lawmakers on Capitol Hill Tuesday morning. Sen. Marco Rubio of Florida, who has proposed… Read More ›
Toshiba selects Bain-led consortium for its chip manufacturing plant
While the chip manufacturing industry is considered by Japan to be of national interest, and Toshiba made active efforts to put the snooping Chinese at bay, sources reveal that SK Hynix, considered close to China, will partly finance the purchase…. Read More ›
Weakening pound boost British exports
Here is a brief summary of the central bank’s assessment of the British economy. On Wednesday, the Bank of England reported that although British consumers are coming under increasing pressure from rising inflation, the weakening sterling was boosting export volumes… Read More ›
Travis Kalanick resigns as Uber’s Chief Executive
While his aggressive and pugnacious style of working defined Uber, things went downhill following an investigation into the company’s management style. Travis Kalanick, co-founder and CEO of Uber Technologies Inc has resigned from the company under pressure from investors over… Read More ›
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