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What is eating Chinese stock market? Everything

As the American stock market stages its longest bull run in history, investors in China can only look on with envy. In preparation for a lengthy trade war with the US, Beijing has shifted back to a pro-growth stance. The People’s Bank of China revived a measure to support the weakening yuan, while the Ministry of Finance is ready to ...

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Venture capital could use some geographic diversity

The US high technology industry looks like it may be too concentrated. One sign of this is the lack of geographic diversity in the venture capital industry, which is highly concentrated in a few technology hubs, mostly on the coasts: In 2017, three metro areas — San Francisco, New York and San Jose, California — took about two-thirds of the ...

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StanChart may face fresh line for ‘sanctions’ breach

Bloomberg Standard Chartered Plc has already paid a painful penalty for secretly moving billions of dollars through the US on behalf of Iranian clients, in violation of sanctions. But a sweeping investigation has found evidence suggesting that the bank’s Iranian business was more extensive than it admitted, according to five people familiar with the matter. Now US authorities are weighing ...

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