Invest or starve: How China turned 350 million millennials into day traders

Invest or starve: How China turned 350 million millennials into day traders

A millennial problem is arriving in China. The nation’s 350 million young people are morphing into day traders. The path to financial security is becoming increasingly hard to navigate for China’s millennials. Credit:Bloomberg. In recent years, China’s …
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Abraaj Founder Charged With Fraud in US

The founder of insolvent private-equity firm Abraaj Group was charged in the U.S. with defrauding investors by misappropriating more than $230 million from a health-care fund. The Bill & Melinda Gates Foundation and the U.S. government’s Overseas Private …
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Disney CEO Robert Iger announces 2021 retirement

Disney CEO and Chairman Robert Iger says he’s going to step down from his post in 2021. Iger became Disney’s president and chief operating officer in 2000, and added the CEO title in 2005 after Michael Eisner departed. He became chairman in 2012.
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Singapore GDP growth slows at start of 2019

Economic growth in Singapore slowed in the first three months of 2019 on an annual basis, as falling electronics output dragged down the manufacturing sector, according to a preliminary reading. Singapore’s gross domestic product grew 1.3 per cent year on …
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Chick-fil-A to Get Rainbow Flags in California, Another Chance at Texas Airport and Still Shut Out in Buffalo

Chick-fil-A has been on the minds of some city leaders this week from New York to California, by way of Texas. San Antonio may reverse its decision of banning the restaurant from its airport, operators of the Buffalo airport doubled down on barring it from that …
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