Regions
China Doubles The Deposit For Stock Margin Trading
China will double the deposit needed for investors to obtain funds to trade stocks, known as margin trading - The Shanghai stock trade explained on Friday, as authorities look to constrain a practice that made an enormous market bubble.
EasyJet expected to announce £700 million of profit next week
London-based low-cost airline carrier, EasyJet is expected to post its highest annual profit to date next week as analysts estimated that increasing customers over the year will contribute greatly to the company.
Marc Andreessen sold $160 million worth of his Facebook Shares
Respected investor and web-browser pioneer, Marc Andreessen who is also the owner of a joint venture firm, Andreessen Horowitz had sold nearly 75 percent of his stake in Facebook ahead of the holiday season. According to the regulatory filings, the total shares sold by Andreessen is about $160 million.
Alibaba Group may acquire SCMP group
Chinese e-commerce major Alibaba Group is planning to make yet another investment plan for the media segment. The Chinese media reports reveal that Alibaba may acquire SCMP Group, which runs China Daily.