China March Factory Gauge Holds Up as Services Beat Estimates

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China March Factory Gauge Holds Up as Services Beat Estimates

The manufacturing purchasing managers index stood at 51.4 in April versus the 51.3 estimate in a Bloomberg survey and 51.5 last month. The non-manufacturing PMI, covering services and construction, rose to 54.8 the statistics bureau said Monday, beating estimates. Levels above 50 indicate
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Why Can't China Make Semiconductors?

Jack Ma says he's ready for China to make semiconductors at home. It's a longstanding goal for the Chinese government. And thanks to a recent crackdown on certain technology exports by the U.S., it's now a critical one. The question is whether China can finally conquer this challenge after decades of
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Nike's 'bro culture' collides with #MeToo movement

“Equality isn't a game. But achieving it will be the greatest victory. That's why we're committed to fighting for change until we all win.
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The 'Father of ETFs' Warns About the Dangers of Leveraged Funds

There was almost $70 billion in leveraged ETFs worldwide at the end of March, according to data compiled by Bloomberg. But that was just 1.5 percent of the $4.8 trillion ETF market. In the U.S., the world's largest stock market, leveraged funds accounted for just 1.1 percent of domestic ETFs. In Japan
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What is happening! Litecoin (LTC) Feels the Heat From Cardano (ADA)'s Upsurge

Litecoin's position in the top 10 may be under threat as it continues to struggle in the market. Even though the mid-term and long-term outlook shows there's light ahead, the present is less appealing.
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