Russia’s stock market has surged on March 4 amid reports that President Donald Trump‘s administration is working on a plan to ease current U.S. sanctions on Russia, according to TradingEconomics.com. Newsweek reached out to the Ministry of Foreign Affairs of the Russian Federation for comment via email. File photo: Russian stock-market traders take orders at…
According to Doug Peta of BCA Research, stocks will see a sharp correction in the first half of 2025. He points to risks from slowing consumer momentum, labor market softening, and high valuations. He recommends rotating out of stocks and into defensive plays, and buying the dip after a 30% or greater fall. Stocks are…
SHANGHAI — Former U.S. President Donald Trump’s pending return to office has fueled a major rally among semiconductor stocks in China, with tougher American policies seen accelerating Beijing’s push to bolster its domestic chip industry. China’s CSI Semiconductor Index gained for six straight sessions through the Monday following the Nov. 5 American presidential election, won by Trump….
Hong Kong grandmother Shirley Cheung* knows she is breaking the law every time she buys partially cooked beef brisket in Shenzhen to bring home. At a hotpot restaurant at Shenzhen’s Liantang Port, the brisket costs about 76 yuan (US$11) per kilogram. It would be more than HK$200 (US$26) at her local wet market in Sheung…
Chinese actress Esther Yu Shuxin, who is known for her playful personality and bold fashion choices, pursued her passion for acting despite coming from a privileged background. The 28-year-old was born in Shanghai to a wealthy family – her father a mining magnate and her grandfather the head of a steel corporation – with an…