Alibaba Generates Billions in GMV in First Hours of Singles Day

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Alibaba Generates Billions in GMV in First Hours of Singles Day

Alibaba Group Holding Limited announced that more than USD 7 billion (RMB 47.5 billion) of gross merchandise volume (GMV) was settled through Alipay on Alibaba's China and international retail marketplaces within the first two hours of the 2016 11.11
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Trump Makes Fundies Cool Again

The Bloomberg U.S.-China Index took a particular beating, with Thursday's 3.7 percent decline being the biggest since February. That brings us back
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Brexit Bulletin: Theresa May Tiptoes Into Trumpworld

… according to Bloomberg's Jonathan Stearns. Germany, Sweden and Denmark are said to have warned in recent closed-door deliberations about the
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The U.K's Brexit Paradox

In the wake of the U.S. presidential election result, EU leaders are placing an even greater premium on solidarity. So in this topsy-turvy year, here's
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U.S. Two-Year Yield Tops 1% as Pimco Says Rates May Be Bottoming

Stocks beat bonds by 4.8 percentage points last week, based on the MSCI World Index and the Bloomberg Barclays Global Aggregate Index.
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