Stock rally losing puff as economic growth doubts grow By Reuters

© Reuters. A passerby wearing a protective face mask walks past an electric screen displaying a graph showing Japan’s Nikkei share average, amid the coronavirus disease (COVID-19) pandemic, in Tokyo, Japan February 24, 2022. REUTERS/Issei Kato/Files By Tom Westbrook SINGAPORE (Reuters) – Asia’s stock markets eked out their fourth straight session of gains on Wednesday, … Read more

Elon Musk calls out Twitter employee caught in Project Veritas video mocking his Asperger’s

NEWYou can now listen to Fox News articles! Elon Musk called out a Twitter executive who was caught mocking the billionaire’s Asperger’s in a newly-released video from Project Veritas. Alex Martinez, identified by Project Veritas as Twitter’s Lead Client Partner, was recorded knocking his incoming boss, decrying the Tesla CEO’s mission to reform the platform’s … Read more

Asia stocks mixed; Japan’s first quarter GDP data released

The market is actually aimed for a rally but the big question is: is this a bear market rally or is this a sustainable rally going forward? Kelvin Tay Regional Chief Investment Officer, UBS Global Wealth Management Elsewhere, mainland Chinese stocks slipped, with the Shanghai Composite down 0.37% while the Shenzhen Component dipped 0.157%. The … Read more

Justice Department Sues Casino Mogul Steve Wynn Over Relationship With China

WASHINGTON (AP) — The Justice Department sued longtime Las Vegas casino mogul Steve Wynn on Tuesday to compel him to register as a foreign agent because of lobbying work it says he performed at the behest of the Chinese government during the Trump administration. The department said it had advised Wynn repeatedly over the last … Read more

China signals easing of tech crackdown but don’t expect policy U-turn

China has shown signs of easing its crackdown on the technology sector which has wiped billions of dollars of value from its most prominent companies. But analysts said Beijing’s recent positive rhetoric should not be mistaken for a reversal of policy. “I think the big tech companies will have a grace period for maybe the … Read more

Twitter takeover: A timeline of Elon Musk’s bumpy road

CNN Business  —  A board seat accepted and then rejected. A stunning $44 billion takeover offer with uncertain financing. And a surprise early morning tweet putting the deal on hold, temporarily. Even by the standards of Twitter, a company that has known plenty of chaos and dysfunction in its history, the weeks-long effort by billionaire … Read more