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  • Sep 09, 2024

Chinese stock exchanges add Alibaba into Stock Connect Scheme

China's Shanghai and Shenzhen stock exchanges will include Chinese e-commerce giant Alibaba Group and some other companies into its Stock Connect cross-border investment scheme from Tuesday, separate filings showed on Monday. This move will integrate Alibaba into a program linking the Shenzhen and Shanghai stock exchanges with the Hong Kong stock exchange. Alibaba's shareholders had previously approved the upgrade of its Hong Kong listing to primary status, effective Aug. 28, a move that is expected to attract huge investments from mainland China.

  • Sep 09, 2024

Israel Finance Ministry Cuts Growth Forecast as War in Gaza Hits Economy

(Bloomberg) -- Israel’s finance ministry slashed its projection for growth for 2024, underlining the strain the almost year-long war against Hamas has put on the country’s economy.Most Read from BloombergHow Americans Voted Their Way Into a Housing CrisisWorld's Second Tallest Tower Spurs Debate About Who Needs ItThe Plan for the World’s Most Ambitious Skyscraper RenovationUC Berkeley Gives Transfer Students a Purpose-Built Home on CampusRome May Start Charging Entry to the Trevi FountainGross d

  • Sep 09, 2024

Mexico’s Annual Inflation Slows Ahead of Banxico Rate Decision

(Bloomberg) -- Mexico’s annual inflation slowed roughly in line with expectations in August as a spike in food and energy prices faded, giving the central bank more room to consider another interest rate cut this month.Most Read from BloombergHow Americans Voted Their Way Into a Housing CrisisWorld's Second Tallest Tower Spurs Debate About Who Needs ItThe Plan for the World’s Most Ambitious Skyscraper RenovationUC Berkeley Gives Transfer Students a Purpose-Built Home on CampusRome May Start Char

  • Sep 09, 2024

World’s Oldest Guerrilla Force Revives Its War on Oil Companies

(Bloomberg) -- Colombian rebels have reopened their war on the oil industry with a wave of pipeline attacks that sent crude spilling into rivers and clouds of black smoke billowing into the sky.Most Read from BloombergHow Americans Voted Their Way Into a Housing CrisisWorld's Second Tallest Tower Spurs Debate About Who Needs ItThe Plan for the World’s Most Ambitious Skyscraper RenovationUC Berkeley Gives Transfer Students a Purpose-Built Home on CampusRome May Start Charging Entry to the Trevi F

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