Investing.com -- Chinese state-backed funds are halting new investments in U.S. private equity, the Financial Times (FT) reported Monday, marking a fresh escalation in the country’s response to President Donald Trump’s trade offensive.The report said several large Chinese investors have recently stopped committing capital to funds managed by U.S.-based private equity firms, a move driven by pr ...
Investing.com – Indonesia stocks were lower after the close on Monday, as losses in the Infrastructure, Financials and Agriculture sectors led shares lower.At the close in Jakarta, the IDX Composite Index declined 0.30%.The best performers of the session on the IDX Composite Index were Hotel Fitra International Tbk PT (JK:FITT), which rose 34.55% or 38.00 points to trade at 148.00 at the close ...
Investing.com -- Guggenheim upgraded Salesforce (NYSE:CRM) to Neutral from Sell after the recent 26% pullback in the stock since January, which brings the share price closer to the brokerage’s prior price target of $247. The firm has now removed its price objective, noting that the current valuation is now “more aligned with the company’s future prospects.”Guggenheim downgraded ...
By Sam NusseyTOKYO (Reuters) -Nintendo’s Switch (NYSE:SWCH) became a source of much-needed escapism during pandemic restrictions. Now, the Japanese video game company faces the harsh reality of a brutal trade war as it launches its successor device. The Switch 2 is set to debut on June 5. That is eight years after the original Switch, which has sold 150 million units and disproved naysayers wh ...