Monday, 17 January, 2022
TopicWall Street

Topic: Wall Street

‘This is love, I need you’: Top Wall Street man’s secrets become public in sexual assault case

Private-equity billionaire Leon Black is fighting to defend his reputation after a former model, who’s about 30 years younger than the father of four, accused him of assaulting her.

How Wall Street giants are being hit by India’s brutal Covid wave

India’s Covid crisis has exposed a little-discussed vulnerability for companies that have spent decades outsourcing functions to the country.

Wall Street investing is changing like never before after what Reddit did

WallStreetBets’ members, or ‘100s of mini Mike Tysons’, together yielded enough power to cause billions of dollars in losses to established financial firms.

Who will surrender first, how will politicians react — next in the GameStop showdown

What has been colourfully and accurately labelled as the 'uprising of the little guys' reflects the confluence of information platforms, data, and easy-to-use products and trading apps.

The GameStop story — how a group of investors on Reddit gave Wall Street a wild week

What was a dying, outdated company just a year ago became a highly valued stock within a matter of days, turning GameStop into a case study on short trading.

China censors viral speech on Beijing’s influence on Joe Biden, Wall Street

In the speech, Di Dongsheng, a professor of international relations at Renmin University, talks about China having 'old friends' in Wall Street.

To invest in Chinese stocks, Wall Street should be ready to work on China time

With the incoming Biden administration, there might be compromises in implementation of the US bill banning Chinese firms. But Wall Street shouldn’t feel optimistic.

Bitcoin or gold — the debate is heating up in Wall Street

If mainstream investors move just a small portion of gold holdings into the $350 billion Bitcoin industry, it would be a game-changer for diversification strategies on Wall Street.

From tech to cannabis, US stocks post biggest weekly gains in 8 months ahead of Biden’s win

A Biden win and a split government seemed poised to lead to a rise in fiscal stimulus, while damping investor concerns about higher taxes and much tighter regulation.

Surprisingly, April was Wall Street’s best month in decades

Weeks of increasingly dire real-economy figures and Covid news didn’t move the US market in a big way.

On Camera

YourTurn

Ambassador Qi Zhenhong presented the Letter of Credence by H.E. Xi Jinping, President of China to H.E. Gotabaya Rajapaksa, Sri Lankan President | Chinese Embassy in Sri Lanka/Twitter

China’s bare-chested turn to Sri-Lankan Tamils is India’s new headache

Anti-China sentiment among the Sinhalese allows China to influence the Tamil north. This time, through the fishermen crisis.

India adds to billionaires’ list, even as Covid worsens poverty in country, says Oxfam report

According to the global Oxfam Davos report of 2022, India added 40 billionaires to 142 last year during Covid crisis, whose combined fortune is more than the poorest of the population.

Defence

File photo of Indian and Chinese troops disengaging from the banks of the Pangong lake area in eastern Ladakh | ANI

These Chinese fears about India ‘choking’ key road are holding up Hot Springs disengagement

A 13-hour meeting of Indian and Chinese military commanders held last week ended without an agreement, and further talks are expected to be held.
Illustration by Soham Sen | ThePrint

Read my lips, I’m hurting, says Pakistan’s National Security Policy. What it means for India

The new policy is mostly chaff, but it reveals the most inward-looking Pakistan in 3 decades. It needs breathing space, and is realising loss of stature and friendship with US.
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