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Hong Kong stocks lead losses as China's Covid cases surge;  Mixed Asian markets

Hong Kong stocks lead losses as China’s Covid cases surge; Mixed Asian markets

JD.com shares fall after company slashes top executive pay Hong Kong listed shares of JD.com traded down more than 5% in the afternoon after the company confirmed pay cuts for its management team. The Chinese e-commerce giant has confirmed that it will cut the cash salaries of its management team by up to 20%, starting …

Hong Kong stocks lead losses as China’s Covid cases surge; Mixed Asian markets Read More »

Hong Kong stocks lead losses as China's Covid cases surge;  Mixed Asian markets

Hong Kong stocks lead losses as China’s Covid cases surge; Mixed Asian markets

JD.com shares fall after company slashes top executive pay Hong Kong listed shares of JD.com traded down more than 5% in the afternoon after the company confirmed pay cuts for its management team. The Chinese e-commerce giant has confirmed that it will cut the cash salaries of its management team by up to 20%, starting …

Hong Kong stocks lead losses as China’s Covid cases surge; Mixed Asian markets Read More »

Global stocks fall as China's COVID cases rise By Reuters

Global stocks fall as China’s COVID cases rise By Reuters

© Reuters. An investor monitors stock prices at a brokerage office in Beijing, China July 6, 2018. REUTERS/Jason Lee/File Photo By Nell Mackenzie LONDON (Reuters) – Global stocks and oil prices fell on Monday as new COVID-19 restrictions in China stoked concerns about the global economic outlook. The safe-haven dollar rallied, while the US Treasury …

Global stocks fall as China’s COVID cases rise By Reuters Read More »

Tesla on trial: Autopilot and Elon Musk's $56 billion pay package under scrutiny in separate cases

Tesla on trial: Autopilot and Elon Musk’s $56 billion pay package under scrutiny in separate cases

As if he hadn’t had enough, Elon Musk will find himself in court later this week to defend his $56 billion salary package against claims by Tesla shareholders that he was rigged with easy performance targets. . And that’s not all ! On Tuesday in Los Angeles, a Tesla Model S owner stands trial for …

Tesla on trial: Autopilot and Elon Musk’s $56 billion pay package under scrutiny in separate cases Read More »