China’s exports and imports unexpectedly contracted in Oct, the initially simultaneous slump considering the fact that May possibly 2020, as surging inflation and climbing fascination prices hammered world need although new COVID-19 curbs at household disrupted output and usage. The bleak October trade figures emphasize the obstacle for policymakers in […]

Warren Buffett’s Berkshire Hathaway (BRK-A, BRK-B) has continued trimming its big stake in Chinese automaker BYD (1211.HK), in accordance to a filing outlined now with the Hong Kong Inventory Exchange. As described by Reuters, the filing states that Berkshire Hathaway unloaded 3.297 million Hong Kong-mentioned shares of BYD, netting $71.35 […]