Morning Bid: Bonds bounce, tech rallies

Morning Bid: Bonds bounce, tech rallies

By Mike Dolan LONDON (Reuters) – What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets Ailing long-dated sovereign bonds around the world caught a break yesterday on a mix of soft U.S. jobs signals, decent auction buying and ebbing oil prices. The bond bounce and Federal Reserve easing speculation…

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China Eyes Cooling Measures for Stock Market

China Eyes Cooling Measures for Stock Market

In a bid to stabilize the stock market, China’s financial regulators are contemplating implementing specific cooling measures, according to a recent Bloomberg News report. Among these potential strategies is the removal of certain restrictions on short selling. Sourced from individuals familiar with the situation, the report highlights Beijing’s ongoing attempts to maintain market stability…

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Alarm bells ring for ‘smartphone king of Africa’ as other Chinese brands chase crown

Alarm bells ring for ‘smartphone king of Africa’ as other Chinese brands chase crown

It is known as the “smartphone king of Africa” and for years has dominated the continent’s mobile phone market. But now, Shenzhen-based Transsion Holdings is facing some stiff competition from rival Chinese brands. Transsion is the company behind phone brands including Tecno, iTel and Infinix, which won over African customers with features such as multi-SIM…

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