Hints and tips:
...“Companies make large provisions on an asset when its ability to generate future cash flow deteriorates dramatically,” said Mike Zhao, a Shanghai-based fund manager....
...The city’s Hang Seng index edged up 0.2 per cent, brining its gains for the week so far to 6.1 per cent....
...Yesha Yadav, law professor at Vanderbilt University, doubted that “a much more ‘boring’ Binance 2.0 would be able to attract the kinds of dominant volumes it has done historically”....
...US President Joe Biden said Israel and Hamas were “very close” to an agreement. 2....
...Xuyang Dong of Climate Energy Finance, an Australian think-tank, said that “China’s estimated wafer, cell and module capacity that will come online in 2024 is sufficient to meet annual global demand now...
...Zhao’s comments align with China’s Global Security Initiative, a manifesto which analysts think ultimately aims to reduce America’s role in global defence....
...China’s economy has shown signs of stabilisation in recent weeks after mixed signals last year, when Beijing said gross domestic product grew 5.2 per cent despite weak export revenue and property sales....
...But last week, the leader of Yoon’s People Power party, former justice minister Han Dong-hoon, acknowledged that the gift could “be a matter of public concern”....
...Now, however, Cho is back and calling for Yoon and PPP leader Han Dong-hoon — himself a former prosecutor who was involved in Cho’s indictment — to face prosecution for what he alleges are their abuses of...
...But the Japanese taxpayer is a major shareholder in Shinsei Bank via two government institutions that cannot sell for less than ¥349bn ($2.34bn), or about ¥7,450 per share....
...Other figures present included Hock Tan, chief executive of Broadcom, Joshua Cooper Ramo, co-chief executive of Kissinger Associates, Peng Zhao, chief executive of Citadel Securities and Bill Hornbuckle...
...The very clever tech behind bitcoin was undermined because it didn’t take human nature into account. 2....
...Kevin Zhao, head of global sovereign and currency at UBS Asset Management, in an October interview on CNBC similarly said that markets were acting to restrain runaway borrowing....
...“We want to spend 2 per cent of time making decisions, and 98 per cent of time doing them,” Zhao said during an internal meeting in Binance’s Shanghai office a recording of which has been seen by the FT....
...Hostess, whose portfolio also includes Ding Dongs and HoHos, went public in 2016 via a Spac listing that valued it about $2.3bn and having filed for bankruptcy twice within a 10-year span....
...Last year Vingroup reported revenue of 130.5tn dong ($5.4bn) and a post-tax profit of 2tn dong....
...Clips from CNBC, CBS News and Good Morning America The FT Weekend Festival is back on Saturday, September 2 at Kenwood House Gardens in London!...
...The EIA estimates that bitcoin mining accounts for 2.2 per cent of total electricity consumption in the US and is worried about its growing demands and states’ ability to maintain other services....
...Its founder injected $2.5bn in cash this year....
...As Japan approaches the end of a year in which its stocks have outdone almost all their global peers, Tokyo has served up a season finale: a ding-dong between two of the country’s highest-profile financial...
...The Moroccan earthquake struck last Friday and has claimed the lives of at least 2,800 people and destroyed more than 30,000 homes....
...US Federal Reserve chief Jay Powell appeared to hose down any lingering hopes of early interest rate cuts by telling lawmakers that progress on reaching its 2 per cent inflation goal was not “assured”....
...“This time last year almost everyone was predicting a recession and buyers were more cautious, [saying] ‘Maybe I don’t need that second home’”, reflects Chen Zhao, head of economic research at Redfin, a...
...The launch comes just weeks after the US restricted the sales of high-performance chips to China that can be used in AI systems. 2....
...: Prime Minister Benjamin Netanyahu remains a long way from his objectives despite the deal his government struck with Hamas. 2....
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