Some Chinese companies 'just firing cannons out there'
Some of the assets bought by Chinese firms like Anbang were not core to the business, says Peter Churchouse of The Churchouse Letter.
Some of the assets bought by Chinese firms like Anbang were not core to the business, says Peter Churchouse of The Churchouse Letter.
The overtly political 2018 Winter Olympics closed Sunday night very much as they began, with humanity's finest athletes marching exuberantly across the world stage as three nations with decades of war ...
General Electric, the United States' largest industrial conglomerate, will restate its earnings for 2016 and 2017 as it adopts a new accounting standard, according to a regulatory filing on Friday. The updated accounting standard, which will take into account revenue from long-term contracts, will result in a 13 cent cut in reported earnings per share for 2016 and a cut of 16 cents per share for 2017, according to the company's 10-K filing. GE is adopting the new accounting standards as the Securities and Exchange Commission investigates the company over its accounting for long-term service contracts .
China is looking inward as trade tensions rise with the U.S., but that may not be for the collective good, says Bryan Goh of Bordier & Cie.
The testimony of new Fed chief Jerome Powell to Congress this week is only part of the story for inflation and Treasurys, says Charles Sizemore of Sizemore Capital Management.
The right age to take your benefits is a personal decision, but for me, the answer is a no-brainer.
China's move to end term limits for senior leadership is aimed at reinforcing Communist Party dominance amid sweeping changes, says Richard Harris of Port Shelter Investment Management.