Monday, July 17, 2017

What's a 'gray rhino' and why did it cause Chinese stocks to drop?

Stocks in China crumbled after a closely watched newspaper warned regulators to be on the watch for 'gray rhinos.'
CNNMoney Markets Now
 
Dow Nasdaq S&P
-8.02   +1.96   -0.13
21,629.72   6,314.43   2,459.14
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YTD +9.45%   YTD +17.30%   YTD +9.84%
 
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News: What you need to know about the markets
 
 
What's a 'gray rhino' and why did it cause Chinese stocks to drop?
Stocks in China crumbled after a closely watched newspaper warned regulators to be on the watch for 'gray rhinos.' Read more »
 
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Blue Apron stock gets toasted as Amazon cooks up rival service
Amazon is cooking up a plan to disrupt the meal-kit delivery business that Blue Apron helped pioneer. News of a trademark application by Amazon sent Blue Apron's shares nosediving on Monday. Read more »
 
Where Chinese millionaires want to move
The U.S. has retained its title as the top destination for rich Chinese emigrants for a third consecutive year. Read more »
 
Top bankers face trial a decade after 2008 financial crisis
Former Barclays CEO John Varley and three top lieutenants will go on trial in January 2019, more than a decade after they orchestrated controversial cash injections from Qatar. Read more »
 
 
 
 
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