The authorities of Ha Noi on Thursday reported the third coronavirus infection case in two weeks. As of 6pm Thursday, total number of infection cases in Viet Nam was 747 and 10 deaths were recorded. … [Read more...] about VN stock rally keeps up, growth slows on profit taking
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Alibaba's stock lost 3% in Hong Kong on Friday, signaling that investors were weighing the risks of Trump's sweeping clampdown on Chinese internet companies. Alibaba's cloud services, which US businesses use to host their online operations, are most immediately at risk after the Trump administration unveiled its "Clean Network" program earlier this week. … [Read more...] about WeChat ban sends shockwaves through global tech stocks
11:50 a.m. Teachers in SF will return to 7-hour work day: San Francisco teachers will resume seven-hour work days when fall-term distance instruction begins on Aug. 17, according to the tentative agreement reached by district officials and the teachers union. Teachers traditionally worked seven hours daily, but only had to work four hours a day during the pandemic-caused shutdown in the spring. The new deal, if approved, calls for at least two hours of live instruction or interaction every day, which could include Zoom calls with the entire class or small groups. Read Jill Tucker’s story here. … [Read more...] about Coronavirus live updates: Deal calls for SF teachers to interact with kids live online at least 2 hours daily
Global markets were under pressure amid reports of the reemergence of the second wave of coronavirus. The US Fed Chair Jerome Powell's comments that the US economy may remain under pressure for a longer time due also affected investors’ sentiments. … [Read more...] about Taking Stock: Sensex gives up 32,000 amid weak global cues, stimulus package
“Optimism was evident in the market since the morning trades and the Nifty bounced back from the lows to close in a recovery pattern towards the end of the day,” Shrikant Chouhan, Executive Vice President, Equity Technical Research at Kotak Securities told Moneycontrol. … [Read more...] about Taking Stock: Mild recovery on Street! Sensex closes a shade below 32K; what should investors do?