Michael Burry of ‘The Big Short’ fame made Chinese internet companies his top bets last quarter

Michael Burry of ‘The Big Short’ fame made Chinese internet companies his top bets last quarter




Source

European stocks open in positive territory as trade uncertainty lingers; Munich Re drops 5%
World

European stocks open in positive territory as trade uncertainty lingers; Munich Re drops 5%

German reinsurers take 1.4-billion-euro hit from LA wildfires German reinsurers posted losses of more than a billion euros on the back of the Los Angeles wildfires. Munich Re, the world’s largest reinsurance company, said it took a loss of about 800 million euros ($889 million) in the first quarter of 2025 due to the wildfires […]

Read More
Investment banks lift China growth outlook after surprise trade deal with U.S.
World

Investment banks lift China growth outlook after surprise trade deal with U.S.

The Chinese national flag fluttering with the Lujiazui Financial District in the background. Vcg | Visual China Group | Getty Images Financial institutions are rethinking their China calls after a surprise trade truce between Washington and Beijing, raising both the country’s growth forecasts as well as stock market outlooks. On Monday, the U.S. and China […]

Read More
U.S.-China tariff reprieve is enough to get products on the shelves in time for Christmas
World

U.S.-China tariff reprieve is enough to get products on the shelves in time for Christmas

A worker finishes red Santa Claus hats for export at a factory on April 28, 2025, near Yiwu, Zhejiang province, China. Kevin Frayer | Getty Images News | Getty Images BEIJING — The U.S.-China tariff cuts, even if temporary, address a major pain point: Christmas presents. Nearly a fifth of U.S. retail sales last year […]

Read More