Month: July 2018

Asian stocks advance as tariffs take a backseat; China rallies

Asian shares closed higher on Monday, taking cues from Wall Street’s advance following the release of strong employment data for the month of June. Meanwhile, investors continued to keep an eye on trade after the U.S. and China exchanged tariffs last week.   Japan’s Nikkei 225 rose 1.21 percent, or 264.04 points, to close at 22,052.18, buoyed by broad-based gains […]

Learn About Investing Early and Retiring with Millions

With every passing year, millions of high school graduating students around the world move off to college or university in order to make a better life for themselves and the families they someday hope to have. They spend countless hours buried in books, studying for exams, learning necessary skills, and then, after graduation, working full-time jobs plus overtime in an […]

China and Russia hit back at Trump tariffs

China has hit back after US tariffs on Chinese goods came into effect and President Donald Trump threatened to impose more.   China’s commerce ministry said it had lodged a new complaint with the World Trade Organization (WTO).   Meanwhile, Russia has announced extra duties on US imports in retaliation for earlier US steel tariffs.   Beijing has accused the […]

Chinese tech giant Tencent plans to list its online music business in the United States

Chinese internet giant Tencent said it plans to spin off its streaming music service on a U.S. stock exchange.   In a statement issued on Sunday through the Hong Kong stock exchange, Tencent said the terms of the proposed spin-off, including offering size, price range and other details have not been finalized. The company added that details will be made […]