12 July, 2017 by The TZ Newswire Staff Comments Off on Chinese trade with North Korea jumped 10.5% in the first half of this year, according to China Customs data
Chinese trade with North Korea jumped 10.5% in the first half of this year, according to China Customs data
China Customs said Thursday that the country’s overall trade with North Korea had grown 10.5 percent in the first half of the year.
12 July, 2017 by The TZ Newswire Staff Comments Off on Amazon who? This Alibaba-backed platform says it’s ‘confident’ it can take the competition
Amazon who? This Alibaba-backed platform says it’s ‘confident’ it can take the competition
Lazada’s co-founder says the company’s localized knowledge and logistics capabilities can be advantageous.
12 July, 2017 by The TZ Newswire Staff Comments Off on After Its Drop, Is Aurinia Pharmaceuticals Stock Now A Buy?
After Its Drop, Is Aurinia Pharmaceuticals Stock Now A Buy?
Aurinia Pharmaceuticals (NASDAQ: AUPH) could eventually change how doctors treat kidney failure in lupus patients. If so, buying shares, which have fallen significantly from their peak in March, could prove profit-friendly. Is this stock about to go higher?
Aurinia Pharmaceuticals’ lead product candidate is voclosporin, a drug that is designed to be used alongside CellCept in lupus nephritis (LN) patients.
IMAGE SOURCE: GETTY IMAGES.
12 July, 2017 by The TZ Newswire Staff Comments Off on Dead Stock Walking: Snap Inc. Has Nowhere to Go but Down
Dead Stock Walking: Snap Inc. Has Nowhere to Go but Down
Investors who bought into the hype surrounding Snap Inc. (NYSE: SNAP) are learning a painful lesson about the dangers of radically overpriced stocks. Snap went public in March and soared 44% on its first day of trading, earning a market capitalization in excess of $30 billion. That strong showing was despite the company’s horrific financials. Snap produced just $404 million of revenue in 2016, along with a net loss of $514 million.
12 July, 2017 by The TZ Newswire Staff Comments Off on PBOC sets USD/CNY mid-point today at 6.7802 (vs. yesterday at 6.7868)
PBOC sets USD/CNY mid-point today at 6.7802 (vs. yesterday at 6.7868)
For OMOs today, the People’s Bank of China … still awaiting
The Bank is gauging demand but none conducted so far … UPDATED: Looks like it’s a no for today (OMOs are normally complete by 9.20am Beijing time)
12 July, 2017 by The TZ Newswire Staff Comments Off on New Cryptocurrency Hedge Fund Files To Raise $200M
New Cryptocurrency Hedge Fund Files To Raise $200M
New hedge fund Cryptocurrency Fund LP has filed to raise $200 million in capital to invest into blockchain-based assets like bitcoin, according to regulatory filings made with the U.S. SEC last week.
12 July, 2017 by The TZ Newswire Staff Comments Off on DA: Man held on $5M cash bail amid search for 4 missing men
DA: Man held on $5M cash bail amid search for 4 missing men
A 20-year-old man was arrested Wednesday on charges of trying to sell a car belonging to one of f