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Tesla fans should cool down a little

Back when Tesla Inc delivered 95,000 cars to customers during the spring quarter of 2019, the stock price was languishing at about $235 and Elon Musk’s electric car company was valued at “only” $40 billion. Fast forward a year and the shares are now priced at more than $1,200. With a market capitalisation of $224 billion, Tesla has surpassed Toyota ...

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HK brokers are reading from Beijing’s script

The national security law China imposed on Hong Kong will damage civil liberties with long jail sentences and grant immunity to Chinese agents working in the territory. For investors who depend on the city as a financial center, though, there may be an extra sting in the tail. The law could increase self-censorship by Hong Kong’s analysts and economists, and ...

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Deutsche Bank lines up to buy a piece of history

Deutsche Bank AG is lining up to buy a piece of history — a remnant of scandal-ridden Wirecard AG. It’s not the only one sniffing around. But however many expressions of interest there may be, and however credible the buyers, the proceeds from selling off even the best assets of the German payments company will be tiny relative to the ...

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