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GOLD has made a brief comeback in a low-yield world. It has drawn prominent hedge fund investors into gold supporters once again. Nine years after the last rally collapsed, a new gold rush appears again. This mid-August saw its price rocketed to record highs above US$2,000 per troy ounce – a 36% rise so far in the year that outstrips any stock index.
Alibaba-backed Indian fintech firm Paytm is aiming for a million apps on its "mini app store" by the first quarter of 2021, it said on Oct 8, seeking to challenge the dominance of Alphabet's Google in India's mobile web economy.
China’s ride-hailing giant Didi Chuxing and electric vehicle maker BYD plan to launch this year a test batch of a vehicle they have designed for ride-hailing services, a person familiar with the matter said.
LOS ANGELES (ANN): An 89-year-old philanthropist and entrepreneur has finally achieved his goal of donating his $8 billion fortune before dying.
NEW YORK: Warren Buffett's Berkshire Hathaway Inc said on Friday it had cut its Wells Fargo & Co stake to 3.3%, further reducing what had once been a US$32 billion investment in the bank.
NEW YORK: What does Warren Buffett see in Japan’s biggest trading companies?
NEW YORK: Berkshire Hathaway Inc's US$6.2 billion foray into Japan's five largest trading houses may signal billionaire Warren Buffett's expectation that inflation and a falling U.S. dollar may make international equities more attractive when economies worldwide recover from the coronavirus pandemic
BEIJING, Aug 31 (AP): Asian stock markets gave up early gains Monday after Wall Street turned in its fifth straight weekly gain and China’s manufacturing growth held steady.
NEW YORK/ TOKYO: Berkshire Hathaway Inc has bought a 5% stake in each of Japan's five biggest trading houses, together worth over $6 billion, marking a departure for Chairman Warren Buffett as he looks beyond the United States to diversify his conglomerate.
SYDNEY: Asian shares notched a 29-month high on Monday as investors wagered global central banks would keep topping up the policy punchbowl for years to come, while an upbeat reading on China's service sector augured well for recovery there.