Posts From Julie Young

Xiaomi Corp. aims to seek formal Hong Kong stock exchange approval on June 7 for an initial public offering that could raise about $ 10 billion, people with knowledge of the matter said. The Beijing-based smartphone maker hopes to price

You’re not imagining things: Prices are creeping up. Americans want to buy more stuff, and businesses are rushing to meet demand. Unemployment is below 4% for the first time in 17 years, wages are slowly inching up, and consumers are

 Piyush Goyal will temporarily take additional charge of the finance ministry until Finance Minister Arun Jaitley recovers after undergoing a kidney transplant, President Ram Nath Kovind said in a statement on Monday. Jaitley, who largely worked from home over the

  Fasten your seat belts. Dramatic swings in the oil market may soon become the norm. After a prolonged period of low prices and relative calm, oil watchers are predicting a surge of volatility following President Trump’s decision to reimpose

 Japan’s Fast Retailing Co said on Wednesday it plans to launch its Uniqlo clothing brand in India with a first store opening in Delhi in fall 2019. The store would mark the cut-price brand’s entry into the South Asia region,

Nothing can last forever, including Warren Buffett’s reign as the king of investing. At the Berkshire Hathaway annual meeting this past weekend, Buffett said four executives had increasingly taken over the day-to-day running of the company, setting each of them

Venezuela’s real world currency—the bolivar—long ago fell below the value of the fake gold in Azeroth, the mythical setting of World of Warcraft (WoW). What’s remarkable is how much more valuable that virtual currency has become. To put things in

Bitcoin’s reach toward $ 10,000 over the weekend was once again cut short—falling to $ 9,300 on Monday. Deciding exactly what is impacting the price of Bitcoin at any time is no science. Though it certainly didn’t help that billionaires

California’s economy just made a huge leap. If the state –with its 39.5 million people – was an independent country, it would have the fifth largest economy in the world, according to new federal figured released on Friday – just

  Australia’s leading wealth management firm is battling a full-blown crisis. AMP(AMLTF) said Monday that its chairwoman, Catherine Brenner, has resigned with immediate effect after a public inquiry was told that the company routinely overcharged its customers and misled regulators.