The majority investor in Malaysia Airlines said on Friday it planned to cut its workforce by 30 percent, or 6,000 workers, in an effort to make the group profitable by 2017.
Investors should eye Japan and Korea’s low-valued, “cash-hoarding” firms, say Citi analysts.
His crime was contributing to research that led his employer to recommend short sales of Silvercorp Metals, a silver producer that is based in Canada but does its mining in China.
The Dow Jones Industrial Average posted its largest annual gain last year and while momentum has slowed, investors are questioning whether the rise has run its course.
As the war of words between Australian dollar bears and bulls continues charts indicate that the bears may have the right call in the short term.
Investors are wondering whether the S&P 500 can sustain its momentum amid worries that the rally in U.S. stocks may be testing its limits.