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Dominican Republic forges China ties in Taiwan blow

Bloomberg The Dominican Republic established diplomatic relations with China, in a new blow to Taiwan as Beijing seeks to isolate the self-governed island. Chinese Foreign Minister Wang Yi signed the joint communique with his Dominican counterpart to establish ties at ambassadorial level in Beijing on Tuesday, China’s Central Television said in a Weibo post. Taiwan cut its relations with the ...

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US stocks start may lower, with eyes on Apple; dollar rallies

Bloomberg US stocks opened lower on Tuesday, when much attention will be focused on Apple Inc.’s earnings report after the close. The dollar extended its rally, while UK equities climbed during a lackluster session in which many major markets were closed. The S&P 500 Index fell in morning trading, with industrial and energy stocks leading a broad-based, if shallow, decline ...

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Plus500 hits record on crypto trades as Barclays mulls entry

Bloomberg Plus500 Ltd., the brokerage for complex derivatives sold to retail investors, soared to the highest on record as demand for cryptocurrencies swelled, while British lender Barclays Plc signalled it may begin to trade in similar products. Shares in Plus500 surged to the highest level since the Haifa-based firm first sold shares to the public in 2013, as revenue more ...

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