No, Credit Suisse won’t see a ‘Lehman-style explosion’—Here’s why
Analysts at Deutsche Bank and KBW have recently estimated Credit Suisse’s restructuring plans would cost roughly US$4 billion.
Investing
Warren Buffett-backed BYD’s EV sales soar to record
BYD sales of new energy vehicles nearly tripled in September from a year earlier
GGV Capital’s Jenny Lee rises
Jenny Lee arrived in China just as it was transitioning from PC-based tech. Look what happened next.
Is VC becoming more and more of a dead end?
Initial Coin Offerings are proving to be a quick way to raise big money.
Green steel cleans up with lower carbon emissions
Steel is the world’s most essential construction material
US stocks plunge as bear market roars
Investors continue to fret over tighter monetary policy .
Peloton hits low as pandemic darlings fall
The US stock market has sputtered in 2022.
Rock icons sell music rights for US$300 million
Genesis members Phil Collins, Mike Rutherford and Tony Banks join Bruce Springsteen, Neil Young and Paul Simon in cashing in on their legendary tunes.
The week ahead in markets
What price will be paid if the inflation genie escapes the bottle?
How do you invest: Long short strategy
A long-short strategy is a common theme used by hedge fund managers.