Similar Stories to China Is Making A $3 Trillion Threat, But 'nobody' On Wall Street Is Scared on Bing News

llopez@businessinsider.com (Linette Lopez), Business Insider
Sun, 02/07/2016 - 5:38am

REUTERS/Todd KorolSome of the biggest names on Wall Street have piled into one trade: shorting the Chinese yuan. This, despite the fact that the Chinese government has threatened to punish anyone trying to pull the currency down. These aren't empty threats, either. China has used it's reserves to buy yuan and squeeze short sellers out of their positions.

Place your ad here
Loading...

BING NEWS:

Interest rate cuts could switch ‘from stroll to a sprint’ after US jobs surprise
US stock indexes on Wall Street jumped sharply higher and the FTSE 100 hit a new ... He said: “I think we’re facing an existential threat to the business that we created. “Will we still be able to ...
05/2/2024 - 9:13 pm | View Link
Europe takes radical steps to boost production; ‘There is no other option’
EU official Thierry Breton wants state spending to support domestic manufacturing to compete with China and the U.S.—a reversal of longtime policy to clamp down on national subsidies.
05/2/2024 - 1:07 pm | View Link
Should You Buy the Cheapest Trillion-Dollar Stock Hand Over Fist? Wall Street Says Yes
According to The Wall Street Journal, the overwhelming majority of Wall Street analysts give Meta stock the highest-possible buy rating. Considering it's now the cheapest name in the trillion-dollar ...
05/1/2024 - 10:26 pm | View Link
Wells Fargo and Hertz Global have been highlighted as Zacks Bull and Bear of the Day
Chicago, IL – April 30, 2024 – Zacks Equity Research shares Wells Fargo & Company WFC as the Bull of the Day and Hertz Global Holdings HTZ as the Bear of the Day. In addition, Zacks Equity Research ...
04/29/2024 - 5:59 pm | View Link
ASML: Market Risks Are Too Great, Making A Repeat Of 2022 Likely
ASML is facing pressure on multiple fronts as leading logic foundries delay their expansions. Read more to see our analysis on ASML stock.
04/23/2024 - 7:03 am | View Link
More

More Movie News

More Business News

Pressure is building on Warren Buffett to pony up as Omaha's single electoral vote could decide the 2024 election
Business Insider, Saturday - 05/04/2024 - 12:58 PM
Warren Buffett, CEO of Berkshire Hathaway. Nati Harnik/APDemocrats are pressuring Warren Buffett to reopen his wallet for political donations. The billionaire's influence could swing results in Omaha, clearing a victory path for Biden. Meanwhile, conservatives are backing efforts to push Nebraska to a winner-take-all system. The pressure is on for Warren Buffett to reengage in political donations — something he's avoided for the last five years.
More | Talk | Read It Later | Share
Congressman appears to praise University of Mississippi students, including one making monkey gestures, who taunted a lone Black
Business Insider, Saturday - 05/04/2024 - 12:48 PM
Pro Israeli activists prepare to confront people at a pro-Palestinian encampment protesting the war in Gaza on the campus of the University of Chicago on May 03, 2024. Scott Olson/Getty ImagesRep. Mike Collins appeared to praise University of Mississippi students for racist chants. A video on X showed students engaging in racial taunts towards a Black war protester.
More | Talk | Read It Later | Share
Search ends for missing crew member who disappeared during around-the-world voyage, report says
Business Insider, Saturday - 05/04/2024 - 12:34 PM
The "Ambience" cruise ship at anchor off Guernsey, Channel Islands, 2023. UCG | Getty ImagesA crew member from an Ambassador Cruise Line ship was reported missing at sea. The ship was sailing from Lisbon to Tilbury, England when the crew member disappeared. The search has now been called off, the BBC reported.
More | Talk | Read It Later | Share
Warren Buffett rings the alarm on AI, comparing it to the atomic bomb and warning it will supercharge fraud
Business Insider, Saturday - 05/04/2024 - 12:01 PM
Warren Buffett. AP ImagesWarren Buffett issued a grave warning about artificial intelligence. The Berkshire Hathaway CEO predicted it would supercharge fraud by making scams far more convincing. The investor likened AI to the atom bomb, saying the world has let the "genie out of the bottle."Warren Buffett has raised the alarm on AI, warning it threatens to supercharge fraud by making scams more convincing than ever."Scamming has always been part of the American scene," the famed investor and Berkshire CEO said during his company's annual shareholder meeting on Saturday.
More | Talk | Read It Later | Share
A catchy propaganda song praising North Korea's authoritarian leader is enchanting TikTok and being compared to ABBA, reports sa
Business Insider, Saturday - 05/04/2024 - 11:59 AM
Kim Jong Un, supreme leader of North Korea, pictured in Pyongyang in 2020. API | Getty ImagesKim Jong Un's latest propaganda song, "Friendly Father," is trending on TikTok. The song is part of North Korea's strategy to embed ideological messages in catchy pop tunes. TikTok, a Chinese-owned platform, could soon be banned by the US.
More | Talk | Read It Later | Share
If you loved 'Challengers', watch these 8 tennis films next
Business Insider, Saturday - 05/04/2024 - 11:28 AM
Josh O'Connor as Patrick Zweig in "Challengers."Niko Tavernise / MGM"Challengers," the new tennis drama starring Zendaya, has already made more than $30 million at the box office. The film focuses on a former tennis prodigy caught in a love triangle with two other players. If you loved the sports drama, here are eight other tennis films you should watch."Challengers," the new drama starring Zendaya, Josh O'Connor, and Mike Faist, has taken the tennis world by storm since it hit theaters last week.
More | Talk | Read It Later | Share

Similar Stories to China Is Making A $3 Trillion Threat, But 'nobody' On Wall Street Is Scared on Bing News

Welcome to Wopular

MoviesWithButter : Our Sister Site

More Business News