Hong Kong shares rise 2% as Alibaba lifts tech stocks; Asian markets are mostly on the rise

2 hours ago Alibaba’s reform could be followed by technology partners: KraneShares According to KraneShares CIO Brendan Ahern, Alibaba’s big change could be followed by its Chinese technology partners. “I think investors will say what we saw in Alibaba, which is really the technology leader in China, that others can take advantage of their plans,” … Read more

After the collapse of SVB, stricter rules for banks?

Sen. Tim Scott, RS.C., right, greets Michael Barr, off camera, vice chairman for oversight of the Board of Governors of the Federal Reserve System, in the Dirksen Building on Tuesday, March 28, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images This report is from today’s CNBC Daily Open, our new international markets newsletter. … Read more

Harris in Africa faces the painful past and sees the future

CAPE COAST, Ghana (AP) — Vice President Kamala Harris on Tuesday stepped through the black doors of the colonial seaside fort and down into the dungeons, touring the site where millions of enslaved Africans were held captive before being loaded onto ships bound for America. During his visit to Cape Coast Castle, Harris insisted on … Read more

62% of Americans live paycheck to paycheck amidst inflation

With the cost of living still high, 62 percent of Americans say they live paycheck to paycheck, according to a recent report. The report states that more and more people have found a side hustle to help make ends meet. This is also a good time to make a few key changes to your spending … Read more

stocks, news, earnings and information

33 minutes ago European stocks are opening up European shares rose early Monday, with the Stoxx 600 index up 0.5% at 8:20 a.m. London time. Oil and gas stocks gained 1.44%, mining stocks rose 1.36% and banks continued their positive gains of 1.2%. See the chart… Stoxx 600 index. An hour ago Bailey: UK banks … Read more

US-China relations on a dangerous path without mutual trust: Roach, Cohen

William Cohen, a former defense secretary in the Clinton administration, echoed a similar sentiment, saying the dispute between the two sides has reached a “dangerous” level. Beijing views Washington as its “prime enemy” and believes the U.S. intends to block China’s path, said Stephen Roach, a senior fellow at Yale University’s Paul Tsai China Center. … Read more

Stocks, news, information and earnings

39 minutes ago First Citizens buys shares of Silicon Valley Bank First Citizens Bank agreed to buy Silicon Valley Bank’s deposits and loans, the U.S. Federal Deposit Insurance Corporation announced early Monday. “The 17 former branches of National Association’s Silicon Valley Bridge Bank will reopen as First-Citizens Bank & Trust Company on Monday, March 27, … Read more

Kiev, Berlin oppose Putin’s plan to deploy nuclear weapons in Belarus – POLITICO

Officials in Kiev and Berlin condemned Russian President Vladimir Putin’s announcement that Moscow would deploy tactical nuclear weapons in neighboring Belarus. Secretary of the National Security and Defense Council of Ukraine Oleksi Danilov “took Belarus as a nuclear hostage”. tweeted on Sunday. Mykhailo Podolyak, an adviser to Ukrainian President Volodymyr Zelenskyi’s office, added that the … Read more

Honduras cuts diplomatic ties with Taiwan, recognizes China

BEIJING (AP) – Honduras has cut diplomatic ties with Taiwan, the Latin American country said Saturday, recognizing “only one China in the world.” The announcement, posted on Twitter by the Honduran Foreign Ministry and also reported by China’s CCTV, comes amid rising tensions between Beijing and the United States, including China’s increasing autonomy over Taiwan. … Read more

A Bowling Green college basketball player hit the handshake line after a win; Memphis player charged by campus police, school says

CNN — Bowling Green State University basketball’s Elissa Brett gets hit by University of Memphis’ Jamirah Shutes as the two walk through the traditional postgame handshake line following Bowling Green’s 73-60 win in the Women’s National Invitation Tournament (WNIT) on Thursday. Video of the incident shows a confrontation where Shutes reaches for Brett and Brett … Read more