Activist investment rising in Asia, led by local players: JP Morgan Last year, there were 106 activist campaigns in Asia, versus 94 the previous year and just 10 in 2011, the investment bank said, citing data from Activist Investor and Shark Repellent. Domestic players accounted for almost two-thirds of activist […]
Dollar surge bringing emerging market rate cut cycle to a halt Emerging markets came into the year flying, riding on the back of a healthy global economy and rising commodity prices alongside tame inflation and a weak dollar. It looked more than likely that a wave of rate cuts would […]
ZTE asks U.S. Commerce Department to suspend business ban China’s ZTE Corp (0763.HK) (000063.SZ) has submitted an application to the U.S. Commerce Department’s Bureau of Industry and Security (BIS) for the suspension of a business ban, it said in a filing to the Shenzhen stock exchange on Sunday. Washington imposed […]
U.S. oil cracks $70, dollar heads towards 2018 high With trade thinned by a holiday closure in London, European shares opened higher, boosted by energy stocks as well as encouraging earnings updates. Heavyweight Nestle also gained after the Swiss-based food firm agreed a tie-up with Starbucks. Most Asian markets also […]
Paul Scores 27 and Harden Has 24 as Houston wins 100-87 Chris Paul says that mid-range jumpers are like layups for him. The Houston Rockets have emphasized dunks and 3-pointers in becoming one of the NBA’s most efficient offenses but Paul’s in-between jumpers proved to be the difference when the […]
Fowler’s 2-run HR in 14th rallies Cardinals past Cubs, 4-3 Dexter Fowler had a flair for the dramatics during his two seasons with the Chicago Cubs, from game-winning home runs early in his first year at Colorado to the leadoff blast in Game 7 of the World Series in 2016. […]
With decisive Kentucky Derby win, Justify emerges as Triple Crown threat Three years ago, with the 37-year-old Triple Crown curse finally cast into the dust bin of history, Bob Baffert stood in the winners’ circle at Belmont Park and figured he would probably never get a horse in his barn […]
Inside LeBron James’ epic game-winning shot in Game 3 vs. the Raptors LeBron James’ epic game-winning shot began with Cleveland coach Ty Lue’s decision to take the ball out of bounds under the basket after a timeout instead of halfcourt with eight seconds remaining in the fourth quarter. “Just wanted […]
Why the Tampa Bay Lightning can win the Stanley Cup When the Tampa Bay Lightning swung a major trade with the New York Rangers before this year’s deadline, defenseman Ryan McDonagh was considered the key acquisition. But Lightning coaches were as happy to land winger J.T. Miller in the deal. […]
Rockstar Is Releasing A Bunch Of New Gorgeous ‘Red Dead Redemption 2’ Screenshots It’s going to be a hell of a contest for Game of the Year in 2018, as early contender God of War is going to run smack into Red Dead Redemption 2 come fall, Rockstar’s first new […]