• 10 things you need to know in markets today

    2 monthes ago - By Business Insider

    Good morning! Here's what you need to know.
    1. Over a third of sovereign investors plan to cut their equity exposure over the next three years after a strong run in 2017. They cited trade wars, geopolitics and high valuations as headwinds to performance, a study by asset manager Invesco showed.
    2. Chinese smartphone maker Xiaomi shares have slipped in its first trading day in Hong Kong following a multibillion-dollar initial public offering. Trading on Monday opened at 16.60 Hong Kong dollars per share, below Xiaomi's offering price of 17 Hong Kong dollars .
    3. European leaders say they no...
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  • 10 things you need to know before the opening bell

    10 things you need to know before the opening bell

    2 monthes ago - By Business Insider

    Here is what you need to know.
    There's a mountain of evidence that Trump's trade fights will be most harmful to the people who voted for him. Red states that voted for President Donald Trump in 2016 stand more to lose if other countries retaliate against US tariffs, according to economists at Citi.
    Sovereign funds are getting nervous about a trade war. A study by asset manager Invesco found that more than one-third of 126 sovereign investors and central bank reserve managers surveyed are planning to cut their exposure to equities over the next three years as trade wars, geopolitics, and...
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  • 10 things in tech you need to know today

    10 things in tech you need to know today

    2 monthes ago - By Business Insider

    Good morning! This is the tech news you need to know this Monday.
    1. Xiaomi, known as the "Apple of China", began trading on Monday 2% below its IPO price after a disappointing pricing. The company is the world's fourth biggest phone maker.
    2. Chinese tech giant Tencent is planning to spin off its music business, Tencent Music Entertainment Group, and take it public. Tencent is still working on the terms of a spinoff.
    3. Yandex, the Russian equivalent of Google, is forging ahead with its plan to become Russia's Amazon. The company is beta testing an ecommerce site that offers electronics...
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