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Berkshire Hathaway's fourth-quarter cash position rose to $334.2 billion, a record high.
The Nasdaq Golden Dragon China index briefly widened its gains to more than 4 percent.
US consumers' expectations of long-term inflation rose to their highest level in three decades amid fears that Mr. Trump's tariffs will lead to higher prices. According to the University of Michigan's Consumer Confidence Survey, consumers expect prices to rise at an annual rate of 3.5 per cent over the next five to 10 years, the highest level since 1995 in data compiled by Bloomberg.
On February 21, Du Xueyi, director of the Economic Crime Procuratorate of the Supreme People's Procuratorate, said at the press conference "Strictly crack down on securities crimes according to law and promote the healthy and stable development of capital markets" that in the next step, the procuratorial organs will closely adhere to the main line of risk prevention, strong supervision and high-quality development, based on procuratorial duties, and use the power of the rule of law to serve and ...
February 21 news, Hong Kong stocks closed, the Hang Seng index closed up 3.99%, the index closed up 6.53%. Hang Seng index turnover reached 393.598 billion Hong Kong dollars (last trading day turnover of 2839.43 billion Hong Kong dollars). On the disk, most of the market sectors red, technology stocks led the market strong performance, chips, biomedicine, intelligent driving, robotics, mobile games, film and television sectors rose. Alibaba (09988.HK) rose more than 14%, Lenovo Group (00992.HK) ...
Class A share BYD rose more than 4%, continued to brush a record high, the total market value of 1.10 trillion yuan.
On February 21, the U.S. stock market closed on Thursday, with the Dow initially closing down 1%, the S & P 500 index falling 0.4% and the Nasdaq index falling 0.47%. Walmart general merchandise (WMT. N) fell 6.5%, Tesla (TSLA. O) and Amazon (AMZN. O) both fell more than 1.5%. The Nasdaq China Golden Dragon index closed up 1.6%, Alibaba (BABA. N) rose 8.1%, Global Data Solutions (GDS. O) rose nearly 13% and NetEase (NTES. O) fell more than 2%.
The Nasdaq China Golden Dragon Index fell during the day, having risen nearly 5% at one point.
Alibaba (BABA. N) expanded its premarket gain to 2.5%.
Alibaba (BABA. N) expanded its premarket gain to 5.3%.
According to Decrypt, police in the UK have arrested and charged two men suspected of committing a cryptocurrency scam against a 75-year-old Aberdeenshire retiree, causing the victim to lose six-figure sums. It is reported that the case was reported in July 2024. Police Scotland's North East Branch, working with West Midlands Police and South Yorkshire Police, arrested a 54-year-old man in Coventry and a 36-year-old man in Mexborough respectively. The two were charged on the same day.
According to the official website of the Department of Justice, US prosecutors have filed a civil forfeiture lawsuit in a crypto investment fraud case, recovering 7.24 BTC, 14,120 USDT, 105.75 ETH and other crypto assets. Investigations revealed that a Massachusetts resident was lured to join a fake investment group and tricked into transferring funds to a suspicious trading platform. Law enforcement found that at least three victims across the United States sent money to the same platform, and ...
Nigerian authorities have sued cryptocurrency exchange Binance for more than $79 billion in financial losses and $2 billion in back taxes. The amount is almost 19 times the $4.30 billion fine Binance paid after pleading guilty to violating U.S. banking laws in 2023. The Nigerian tax authority, the Federal Revenue Service (FIRS), also claimed that Binance was operating illegally within the country, the report said.
Intel (INTC. O) continued to rise, expanding its gains to 14%, and its share price hit a new high since August last year.
February 19 news, U.S. stocks closed on Tuesday, the Dow preliminary closed up 0.02%, the S & P 500 index rose 0.24%, the Nasdaq index rose 0.07%. Tesla (TSLA. O), NVIDIA (NVDA. O) edged higher, Intel (INTC. O) rose 16%. Nasdaq China Golden Dragon index closed down 1.27%, XPeng Motors (XPEV. N) rose nearly 5%, Alibaba (BABA. N) rose 1.8%, iQIYI (IQ. O) fell 9%.
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