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Goldman Just Can't Stop Raising Its Target on Kweichow Moutai – BloombergQuint

Goldman Just Can't Stop Raising Its Target on Kweichow MoutaiBloombergQuint(Bloomberg) — Kweichow Moutai Co., the manufacturer of an expensive liquor popular in China, has a fan in Goldman Sachs Group Inc. Goldman has raised its target price for the Shanghai-listed company 11 times this year. In its latest increase, the …and more » Source: Business and finance

Singapore Train Hits Stationary One, Injuring 25 People – BloombergQuint

Singapore Train Hits Stationary One, Injuring 25 PeopleBloombergQuint(Bloomberg) — Singapore's mass-rapid rail system suffered its second collision since the network began in 1987, when a train operated by SMRT Corp. hit a stationary one Wednesday. Two SMRT employees and 23 passengers sustained light to moderate …and more » Source: Business and finance

Bloomberg Is Starting a "24-Hour Social News Network" Based on Twitter – Gizmodo

Gizmodo Bloomberg Is Starting a "24-Hour Social News Network" Based on TwitterGizmodoBut Bloomberg has apparently not lost hope in Jack Dorsey's angry brainchild, and is moving forward with plans to launch a “24-hour social news network on Twitter” on December 18th, Axios reported. The new site has secured founding partnerships with … Source: Business and finance

Tax Aftershock Creates Widening Two-Speed Economy in India – BloombergQuint

BloombergQuint Tax Aftershock Creates Widening Two-Speed Economy in IndiaBloombergQuint(Bloomberg) — India's biggest tax overhaul since independence has driven a wedge between companies that have adapted to the new levies and a vast swath of small businesses, representing almost half the economy, that are struggling. The trend emerging …and more » Source: Business and finance

House Tax Bill–Big Impact on Financial Statements – Bloomberg BNA

House Tax Bill–Big Impact on Financial StatementsBloomberg BNABloomberg Tax: For companies, what do you think is the most important provision in the bill? Christensen: I think cutting the top corporate federal income tax rate from 35% to 20% is probably the biggest change. There are a whole lot other changes …and more » Source: Business and […]

Stock Picker Up 304% Says Buffett's Style Now Works in China – BloombergQuint

BloombergQuint Stock Picker Up 304% Says Buffett's Style Now Works in ChinaBloombergQuint(Bloomberg) — One of Yang Yong's stock funds surged 304 percent in a year by investing in a handful of China's largest companies — and he says that's a sign of how far the market has come. The Yu Shan Xun Niu No. 1 […]

Venezuela's Bondholder Meeting Is a Bust as S&P Declares Default – BloombergQuint

BloombergQuint Venezuela's Bondholder Meeting Is a Bust as S&P Declares DefaultBloombergQuint(Bloomberg) — Venezuela's grand gathering with creditors Monday lasted all of 30 minutes and didn't produce anything of substance. To make matters worse, S&P Global Ratings declared the country in default while Fitch Ratings cited missed payments by …and more » Source: Business and finance

Bloomberg on "Australian Business Conditions Surge to Highest on Record" – ForexLive

Bloomberg on "Australian Business Conditions Surge to Highest on Record"ForexLiveBloomberg have their take on the data up, so if you are after more, check it out: Australian business conditions surged to the highest on record; driven by spikes in sales and profitability … the report came with a caveat: leading indicators suggest …and more » Source: […]

United Air Resumes Delhi Service After Pollution Improves – BloombergQuint

BloombergQuint United Air Resumes Delhi Service After Pollution ImprovesBloombergQuint(Bloomberg) — United Airlines resumed the Newark-New Delhi flight after temporarily suspending the service because of poor air quality in India's capital. Flight UA82 was operating Sunday, the airline said in an emailed statement. Airlines were still …and more » Source: Business and finance

Like China's Opening? Love Insurance – BloombergQuint

BloombergQuint Like China's Opening? Love InsuranceBloombergQuint(Bloomberg Gadfly) — Foreign insurers, especially AIA Group Ltd., can break out the champagne: China's opening of its financial markets is great news. The day after U.S. President Donald Trump left Beijing with billions of dollars of deals with …and more » Source: Business and finance