China coal’s last hurrah comes too late for old mining towns
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2021-11-11 01:24:00 PINGDINGSHAN, China, Nov 11 (Reuters) – On the edges of an old and depleted mine on the rugged outskirts of Pingdingshan in central China’s Henan province, workers sift through dunes of low-grade coal, looking to extract every last calorie of energy from the city’s crumbling seams. But despite an unexpected energy crunch that […]
Billionaire Musk sells more shares in whirlwind Tesla stock ride
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2021-11-12 08:50:00 Nov 12 (Reuters) – Tesla Inc (TSLA.O) top boss Elon Musk sold another block of company shares worth about $700 million, filings showed on Friday, as the billionaire takes advantage of a meteoric rally that drove the electric carmaker’s value to over $1 trillion. The second round of hefty stock sales this week […]
Millennials and Gen Zers Are More Invested in the Stock Market Than Other Financial Assets, Including Crypto
2021-11-04 04:02:02 fizkes / Getty Images/iStockphoto Despite all the hype around cryptos and around the ease of investing via new trading apps, younger Americans have an appetite for stocks. A new survey finds that millennials and members of Generation Z are more invested in the stock market than other financial assets, including cryptocurrency. See: The […]
U.S. regulators exploring how banks could hold crypto assets – FDIC chairman
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2021-10-26 14:43:00 LAS VEGAS, Oct 26 (Reuters) – A top U.S. bank regulator said U.S. officials are looking to provide a clearer path for banks and their clients that are looking to hold cryptocurrencies, in order to keep control over the fast-developing asset. Jelena McWilliams, who chairs the Federal Deposit Insurance Corporation, told Reuters in […]
In S.Korea, an army of retail investors flocks to YouTube for stock trading advice
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2021-10-20 18:04:00 FILE PHOTO: Silhouettes of laptop and mobile device users are seen next to a screen projection of the YouTube logo in this picture illustration taken March 28, 2018. REUTERS/Dado Ruvic/Illustration SEOUL, Oct 21 (Reuters) – Millions of South Koreans have jumped into stock market trading over the past year with their enthusiasm feeding […]