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Philipthean8
Philipthean8
·
2021-11-29
Good news
非常抱歉，此主贴已删除
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Philipthean8
Philipthean8
·
2021-09-27
USA will be printing more money
Debt ceiling debates in Congress, consumer confidence: What to know this week
Investors this week are set to closely monitor developments in Washington, D.C., as lawmakers race t
Debt ceiling debates in Congress, consumer confidence: What to know this week
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Philipthean8
Philipthean8
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2021-09-25
Welcome home . Huawei princess
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Philipthean8
Philipthean8
·
2021-09-25
Good move to avoid illegal money laundering
China Declares Cryptocurrency-Related Activities Illegal
BEIJING, September 23 (TMTPOST) — The People's Bank of China, the country’s central bank, has releas
China Declares Cryptocurrency-Related Activities Illegal
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Philipthean8
Philipthean8
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2021-09-06
Good news
非常抱歉，此主贴已删除
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Philipthean8
Philipthean8
·
2021-08-17
American should mind their own business and stop meddling other country internal affair.USA retreat show that America is getting weaker .
Why are Americans shocked by Taliban’s rapid takeover? Here’s the answer
Perhaps, 90% of American people know that the United States is engaged in war in Afghanistan, while
Why are Americans shocked by Taliban’s rapid takeover? Here’s the answer
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Philipthean8
Philipthean8
·
2021-08-01
Weaken currency will made Singapore more competitive for export but it will import more costly .
SGD to weaken to $1.35/USD amidst COVID-19 woes: Fitch
The Singapore dollar (SGD) is expected to weaken to $1.35 versus the US dollar (USD) for 2021, accor
SGD to weaken to $1.35/USD amidst COVID-19 woes: Fitch
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Philipthean8
Philipthean8
·
2021-07-24
It will succeed
3 Reasons Netflix Could Succeed in Video Games
Netflix is making a bold bet. Here's why it could pay off.
3 Reasons Netflix Could Succeed in Video Games
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Philipthean8
Philipthean8
·
2021-07-24
Anti monopoly is a good move to protect the consumer
Tencent was ordered to remove the exclusive copyright of online music
The China market supervision administration made an administrative punishment decision according to
Tencent was ordered to remove the exclusive copyright of online music
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Philipthean8
Philipthean8
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2021-07-22
Good news
Wall Street ends higher, powered by strong earnings, economic cheer
NEW YORK, July 21 (Reuters) - Wall Street stocks posted their second straight daily gain on Wednesda
Wall Street ends higher, powered by strong earnings, economic cheer
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news ","listText":"Good news ","text":"Good news","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/600675778","repostId":"1107564307","repostType":4,"isVote":1,"tweetType":1,"viewCount":1725,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":868717754,"gmtCreate":1632705211878,"gmtModify":1632798446235,"author":{"id":"3562228753214209","authorId":"3562228753214209","name":"Philipthean8","avatar":"https://static.tigerbbs.com/a64d44f91f21979956dc4a5f98710d97","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562228753214209","authorIdStr":"3562228753214209"},"themes":[],"htmlText":"USA will be printing more money ","listText":"USA will be printing more money ","text":"USA will be printing more money","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/868717754","repostId":"2170488786","repostType":4,"repost":{"id":"2170488786","kind":"news","pubTimestamp":1632685409,"share":"https://ttm.financial/m/news/2170488786?lang=&edition=full","pubTime":"2021-09-27 03:43","market":"other","language":"en","title":"Debt ceiling debates in Congress, consumer confidence: What to know this week","url":"https://stock-news.laohu8.com/highlight/detail?id=2170488786","media":"Yahoo Finance","summary":"Investors this week are set to closely monitor developments in Washington, D.C., as lawmakers race t","content":"<p>Investors this week are set to closely monitor developments in Washington, D.C., as lawmakers race to pass legislation to avoid a government shutdown by the end of the month and debate raising the debt ceiling. Elsewhere, economic data on consumer confidence is also due for release.</p>\n<p>The Senate is expected to vote Monday on a procedural motion over the legislation passed by the House of Representatives last week. That bill included a plan to temporarily fund the government through early December, and came alongside a measure to raise the government debt ceiling through December 2022.</p>\n<p>The latter point has been an area of contention for Senate Republicans, who are only narrowly outnumbered by Democratic lawmakers in both chambers and who have threatened to block the bill in its current form.</p>\n<p>Senate Republicans including Minority Leader Mitch McConnell have suggested that Democratic lawmakers should use the budget reconciliation process to raise the debt ceiling without Republican support. McConnell has, however, supported a short-term government funding bill that excludes a debt ceiling suspension.</p>\n<p>\"If they [the Democrats] want to tax, borrow and spend historic sums of money without our input, they’ll have to raise the debt limit without our help. This is the reality,” McConnell said on the Senate floor last week.</p>\n<p>Democratic lawmakers, for their part, have called for the move to raise the debt limit be bipartisan to prevent the government from defaulting on its obligations. The Treasury Department has warned that the U.S. could default on its debts as soon as October in absence of congressional action.</p>\n<p>\"The U.S. has always paid its bills on time, but the overwhelming consensus among economists and Treasury officials of both parties is that failing to raise the debt limit would produce widespread economic catastrophe,\" Treasury Secretary Janet Yellen wrote in an op-ed in the Wall Street Journal last week.</p>\n<p>Federal Reserve Chair Jerome Powell also warned of the consequences of a failure to raise the debt ceiling during his post-FOMC meeting press conference last week.</p>\n<p>\"It's just very important that the debt ceiling be raised in a timely fashion so that the United States can pay its bills when and as they come due. That's a critically important thing,\" he said. \"The failure to do that is something that could result in severe reactions, severe damage to the economy and to the financial markets ... no <a href=\"https://laohu8.com/S/AONE.U\">one</a> should assume that the Fed or anyone else can protect the markets or the economy in the event of a failure.\"</p>\n<p><img src=\"https://static.tigerbbs.com/76c6a59b9c059b09d9267c8298e0b837\" referrerpolicy=\"no-referrer\">A dead Elm tree is removed on the West Front of the Capitol in Washington, Friday, Sept. 10, 2021. (AP Photo/J. Scott Applewhite)ASSOCIATED PRESS</p>\n<p>Amid the standoff, the Office of Management and Budget began warning federal agencies last week to prepare for a potential government shutdown. The reminder served as a standard warning one week out from Congress's deadline to reach an agreement to at least temporarily continue funding the government.</p>\n<p>Though leaders of both political parties have agreed that a continuing resolution to avoid the shutdown at the end of the month is needed, the ongoing tension over raising the debt limit has served as a potential roadblock in this effort.</p>\n<p>\"We still expect Congress to avert a partial government shutdown at the start of October. Republicans won’t vote for the current continuing resolution being touted by the Democratic leadership, which also includes a new debt ceiling suspension,\" wrote Paul Ashworth, chief North America economist for Capital Economics, in a note Friday. \"But we expect a Plan B to emerge next week with the latter stripped out, which Republicans will support.\"</p>\n<p>\"The bigger issue is that there doesn’t appear to be an easy path to raising the debt ceiling by mid-October, which is when estimates suggest the Treasury’s will exhaust the 'extraordinary measures it is currently using to keep the lights on,\" he added.</p>\n<p>Investors have also grown jittery as the debates wore on, with stocks posting their worst day since May last week amid a confluence of concerns that also included debt concerns with China Evergrande.</p>\n<p>Many strategists, however, have suggested market participants need not be overly concerned about the impacts of a potential government shutdown.</p>\n<p>\"Historically, we've seen that government shutdowns tend to be short-lived,\" Jordan Jackson, JPMorgan Asset Management global market strategist, told Yahoo Finance Live on Friday. \"We also know that for those non-essential federal employees, they do get furlough pay as well.\"</p>\n<p>\"If it lasts more than 30 days, it's certainly going to have a bigger impact on the economy. But generally speaking, these shutdowns tend to be short-lived and markets — while they may correct in the short-term — they do sort of continue to grind higher,\" he added. \"I think it's certainly a risk in terms of a short-term mini correction there. But again, with all the liquidity out there, I think any sort of blip in the markets will be short-lived.\"</p>\n<p>Historical equity performance during and immediately following a government shutdown has also tended to point to a muted market impact.</p>\n<p>\"In the 14 government shutdowns since 1980, the S&P 500 generated median returns of -0.1% on the dates of budget authority expiration, 0.1% during the shutdown periods, and 0.3% on the dates of resolution,\" David Kostin, Goldman Sachs chief equity strategist, wrote in a note published on Sept. 21.</p>\n<p>\"One notable exception was the most recent federal shutdown in December 2018, when the S&P 500 fell 2% on the spending authority expiration date,\" he added. \"However, this decline was likely driven primarily by investor concerns about Fed tightening.\"</p>\n<p>Kostin also noted that the typical government shutdown since 1980 has only lasted three days before ultimately being resolved. More recent shutdowns have lasted several times longer, however, with the duration of the four most recent federal shutdowns averaging 18 days, Kostin said.</p>\n<h3>Consumer confidence</h3>\n<p>On the economic data front, one of the most closely watched new pieces of data will be on consumer confidence.</p>\n<p>The Conference Board is set to release its September consumer confidence index Tuesday morning. Economists expect the index to tick up only slightly compared to August, with consumers' views on the coronavirus and rising prices stabilizing near the lowest level since February.</p>\n<p>Specifically, consensus economists are looking for the index to rise to 115.0 in September after dropping to 113.8 in August. During the last monthly report, consumers' assessments of current business and labor market conditions both eased, and expectations for the next six months out also deteriorated.</p>\n<p>\"Consumer confidence fell to a six-month low in August, due to concerns around the Delta variant and inflation,\" wrote Bank of America economist Michelle Meyer in a note on Friday. \"We think these concerns largely remained in September.\"</p>\n<p>At the time, Lynn Franco, senior director of economic indicators at the Conference Board, said it was still \"too soon to conclude\" whether decline in consumer confidence would \"result in consumers significantly curtailing their spending in the months ahead.\"</p>\n<p>The latest spending data has also been equivocal. The Commerce Department's latest report showed retail sales rose 0.7% in August after declining in July. However, the categories posting the biggest declines were areas like e-commerce shops and grocery stores, suggesting consumer behavior was shifting back toward stay-in-place trends and away from in-person events like restaurant dining amid the latest wave of the coronavirus.</p>\n<h3>Economic calendar</h3>\n<ul>\n <li><p><b>Monday: </b>Durable goods orders, August preliminary (0.6% expected, -0.1% in July); Durable goods excluding transportation, August preliminary (0.5% expected, 0.8% in July); Non-defense capital goods orders excluding aircraft, August preliminary (0.3% expected, 0.1% in July); Non-defense capital goods orders excluding aircraft, August preliminary (0.9% in July); Dallas Fed Manufacturing Activity Index, September (11.0 expected, 9.0 in July)</p></li>\n <li><p><b>Tuesday: </b>Advance goods trade balance, August (-$87.0 billion expected, -$86.4 billion in July); Wholesale inventories, month-over-month, August preliminary (0.6% in July); Retail inventories, month-over-month, August (0.4% in July); FHFA House Price Index, month-over-month, July (1.5% expected, 1.6% in July); S&P <a href=\"https://laohu8.com/S/CLGX\">CoreLogic</a> Case-Shiller 20-City Composite Index, month-over-month, July (1.62% expected, 1.77% in June); S&P CoreLogic Case-Shiller 20-City Composite Index, month-over-month, July (20.1% expected, 19.08% in June); Conference Board Consumer Confidence Index, September (114.2 expected, 113.8 in August); Richmond Fed Manufacturing Index, September (9 in August)</p></li>\n <li><p><b>Wednesday: </b>MBA Mortgage Applications, week ended September 24 (4.9% during prior month); Pending home sales, month-over-month, August (1.0% expected, -1.8% in July)</p></li>\n <li><p><b>Thursday: </b>Initial jobless claims, week ended September 25 (320,000 expected, 351,000 during prior week); Continuing claims, week ended September 18 (2.845 million during prior week); GDP annualized, quarter-over-quarter, second-quarter third estimate (6.7% expected, 6.6% in prior estimate); Personal consumption, second-quarter third estimate (11.9% in prior estimate); Core personal consumption expenditures, second quarter third estimate (6.1% in prior estimate); MNI Chicago PMI, September (65.0 expected, 66.8 in August)</p></li>\n <li><p><b>Friday: </b>Personal income, August (0.2% expected, 1.1% in July); Personal spending, August (0.7% expected, 0.3% in July); Personal consumption expenditures core deflator, month-over-over, August (0.2% expected, 0.3% in July); Personal consumption expenditures core deflator, year-over-year, August (3.6% expected, 3.6% in July); <a href=\"https://laohu8.com/S/MRKT\">Markit</a> manufacturing PMI, September final (60.5 in prior estimate); Construction spending, month-over-month, August (0.3% expected, 0.3% in July); University of Michigan sentiment, September final (71.0 expected, 71.0 in prior print); ISM Manufacturing, September (59.5 expected, 59.9 in August)</p></li>\n</ul>\n<h3>Earnings calendar</h3>\n<ul>\n <li><p><b>Monday: </b>Aurora Cannabis (ACB) after market close</p></li>\n <li><p><b>Tuesday: </b>Micron Technology (MU) after market close.</p></li>\n <li><p><b>Wednesday: </b><i>No notable reports scheduled for release</i></p></li>\n <li><p><b>Thursday: </b>CarMax (KMX), Bed Bath & Beyond (BBBY) before market open; Jefferies (JEF) after market close</p></li>\n <li><p><b>Friday: </b><i>No notable reports scheduled for releas</i></p></li>\n</ul>","source":"yahoofinance_au","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Debt ceiling debates in Congress, consumer confidence: What to know this week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDebt ceiling debates in Congress, consumer confidence: What to know this week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-27 03:43 GMT+8 <a href=https://finance.yahoo.com/news/debt-ceiling-debates-in-congress-consumer-confidence-what-to-know-this-week-194329712.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors this week are set to closely monitor developments in Washington, D.C., as lawmakers race to pass legislation to avoid a government shutdown by the end of the month and debate raising the ...</p>\n\n<a href=\"https://finance.yahoo.com/news/debt-ceiling-debates-in-congress-consumer-confidence-what-to-know-this-week-194329712.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/e7e749e88d2580d292ffc6ae18d03b65","relate_stocks":{"SPY.AU":"SPDR® S&P 500® ETF Trust"},"source_url":"https://finance.yahoo.com/news/debt-ceiling-debates-in-congress-consumer-confidence-what-to-know-this-week-194329712.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2170488786","content_text":"Investors this week are set to closely monitor developments in Washington, D.C., as lawmakers race to pass legislation to avoid a government shutdown by the end of the month and debate raising the debt ceiling. Elsewhere, economic data on consumer confidence is also due for release.\nThe Senate is expected to vote Monday on a procedural motion over the legislation passed by the House of Representatives last week. That bill included a plan to temporarily fund the government through early December, and came alongside a measure to raise the government debt ceiling through December 2022.\nThe latter point has been an area of contention for Senate Republicans, who are only narrowly outnumbered by Democratic lawmakers in both chambers and who have threatened to block the bill in its current form.\nSenate Republicans including Minority Leader Mitch McConnell have suggested that Democratic lawmakers should use the budget reconciliation process to raise the debt ceiling without Republican support. McConnell has, however, supported a short-term government funding bill that excludes a debt ceiling suspension.\n\"If they [the Democrats] want to tax, borrow and spend historic sums of money without our input, they’ll have to raise the debt limit without our help. This is the reality,” McConnell said on the Senate floor last week.\nDemocratic lawmakers, for their part, have called for the move to raise the debt limit be bipartisan to prevent the government from defaulting on its obligations. The Treasury Department has warned that the U.S. could default on its debts as soon as October in absence of congressional action.\n\"The U.S. has always paid its bills on time, but the overwhelming consensus among economists and Treasury officials of both parties is that failing to raise the debt limit would produce widespread economic catastrophe,\" Treasury Secretary Janet Yellen wrote in an op-ed in the Wall Street Journal last week.\nFederal Reserve Chair Jerome Powell also warned of the consequences of a failure to raise the debt ceiling during his post-FOMC meeting press conference last week.\n\"It's just very important that the debt ceiling be raised in a timely fashion so that the United States can pay its bills when and as they come due. That's a critically important thing,\" he said. \"The failure to do that is something that could result in severe reactions, severe damage to the economy and to the financial markets ... no one should assume that the Fed or anyone else can protect the markets or the economy in the event of a failure.\"\nA dead Elm tree is removed on the West Front of the Capitol in Washington, Friday, Sept. 10, 2021. (AP Photo/J. Scott Applewhite)ASSOCIATED PRESS\nAmid the standoff, the Office of Management and Budget began warning federal agencies last week to prepare for a potential government shutdown. The reminder served as a standard warning one week out from Congress's deadline to reach an agreement to at least temporarily continue funding the government.\nThough leaders of both political parties have agreed that a continuing resolution to avoid the shutdown at the end of the month is needed, the ongoing tension over raising the debt limit has served as a potential roadblock in this effort.\n\"We still expect Congress to avert a partial government shutdown at the start of October. Republicans won’t vote for the current continuing resolution being touted by the Democratic leadership, which also includes a new debt ceiling suspension,\" wrote Paul Ashworth, chief North America economist for Capital Economics, in a note Friday. \"But we expect a Plan B to emerge next week with the latter stripped out, which Republicans will support.\"\n\"The bigger issue is that there doesn’t appear to be an easy path to raising the debt ceiling by mid-October, which is when estimates suggest the Treasury’s will exhaust the 'extraordinary measures it is currently using to keep the lights on,\" he added.\nInvestors have also grown jittery as the debates wore on, with stocks posting their worst day since May last week amid a confluence of concerns that also included debt concerns with China Evergrande.\nMany strategists, however, have suggested market participants need not be overly concerned about the impacts of a potential government shutdown.\n\"Historically, we've seen that government shutdowns tend to be short-lived,\" Jordan Jackson, JPMorgan Asset Management global market strategist, told Yahoo Finance Live on Friday. \"We also know that for those non-essential federal employees, they do get furlough pay as well.\"\n\"If it lasts more than 30 days, it's certainly going to have a bigger impact on the economy. But generally speaking, these shutdowns tend to be short-lived and markets — while they may correct in the short-term — they do sort of continue to grind higher,\" he added. \"I think it's certainly a risk in terms of a short-term mini correction there. But again, with all the liquidity out there, I think any sort of blip in the markets will be short-lived.\"\nHistorical equity performance during and immediately following a government shutdown has also tended to point to a muted market impact.\n\"In the 14 government shutdowns since 1980, the S&P 500 generated median returns of -0.1% on the dates of budget authority expiration, 0.1% during the shutdown periods, and 0.3% on the dates of resolution,\" David Kostin, Goldman Sachs chief equity strategist, wrote in a note published on Sept. 21.\n\"One notable exception was the most recent federal shutdown in December 2018, when the S&P 500 fell 2% on the spending authority expiration date,\" he added. \"However, this decline was likely driven primarily by investor concerns about Fed tightening.\"\nKostin also noted that the typical government shutdown since 1980 has only lasted three days before ultimately being resolved. More recent shutdowns have lasted several times longer, however, with the duration of the four most recent federal shutdowns averaging 18 days, Kostin said.\nConsumer confidence\nOn the economic data front, one of the most closely watched new pieces of data will be on consumer confidence.\nThe Conference Board is set to release its September consumer confidence index Tuesday morning. Economists expect the index to tick up only slightly compared to August, with consumers' views on the coronavirus and rising prices stabilizing near the lowest level since February.\nSpecifically, consensus economists are looking for the index to rise to 115.0 in September after dropping to 113.8 in August. During the last monthly report, consumers' assessments of current business and labor market conditions both eased, and expectations for the next six months out also deteriorated.\n\"Consumer confidence fell to a six-month low in August, due to concerns around the Delta variant and inflation,\" wrote Bank of America economist Michelle Meyer in a note on Friday. \"We think these concerns largely remained in September.\"\nAt the time, Lynn Franco, senior director of economic indicators at the Conference Board, said it was still \"too soon to conclude\" whether decline in consumer confidence would \"result in consumers significantly curtailing their spending in the months ahead.\"\nThe latest spending data has also been equivocal. The Commerce Department's latest report showed retail sales rose 0.7% in August after declining in July. However, the categories posting the biggest declines were areas like e-commerce shops and grocery stores, suggesting consumer behavior was shifting back toward stay-in-place trends and away from in-person events like restaurant dining amid the latest wave of the coronavirus.\nEconomic calendar\n\nMonday: Durable goods orders, August preliminary (0.6% expected, -0.1% in July); Durable goods excluding transportation, August preliminary (0.5% expected, 0.8% in July); Non-defense capital goods orders excluding aircraft, August preliminary (0.3% expected, 0.1% in July); Non-defense capital goods orders excluding aircraft, August preliminary (0.9% in July); Dallas Fed Manufacturing Activity Index, September (11.0 expected, 9.0 in July)\nTuesday: Advance goods trade balance, August (-$87.0 billion expected, -$86.4 billion in July); Wholesale inventories, month-over-month, August preliminary (0.6% in July); Retail inventories, month-over-month, August (0.4% in July); FHFA House Price Index, month-over-month, July (1.5% expected, 1.6% in July); S&P CoreLogic Case-Shiller 20-City Composite Index, month-over-month, July (1.62% expected, 1.77% in June); S&P CoreLogic Case-Shiller 20-City Composite Index, month-over-month, July (20.1% expected, 19.08% in June); Conference Board Consumer Confidence Index, September (114.2 expected, 113.8 in August); Richmond Fed Manufacturing Index, September (9 in August)\nWednesday: MBA Mortgage Applications, week ended September 24 (4.9% during prior month); Pending home sales, month-over-month, August (1.0% expected, -1.8% in July)\nThursday: Initial jobless claims, week ended September 25 (320,000 expected, 351,000 during prior week); Continuing claims, week ended September 18 (2.845 million during prior week); GDP annualized, quarter-over-quarter, second-quarter third estimate (6.7% expected, 6.6% in prior estimate); Personal consumption, second-quarter third estimate (11.9% in prior estimate); Core personal consumption expenditures, second quarter third estimate (6.1% in prior estimate); MNI Chicago PMI, September (65.0 expected, 66.8 in August)\nFriday: Personal income, August (0.2% expected, 1.1% in July); Personal spending, August (0.7% expected, 0.3% in July); Personal consumption expenditures core deflator, month-over-over, August (0.2% expected, 0.3% in July); Personal consumption expenditures core deflator, year-over-year, August (3.6% expected, 3.6% in July); Markit manufacturing PMI, September final (60.5 in prior estimate); Construction spending, month-over-month, August (0.3% expected, 0.3% in July); University of Michigan sentiment, September final (71.0 expected, 71.0 in prior print); ISM Manufacturing, September (59.5 expected, 59.9 in August)\n\nEarnings calendar\n\nMonday: Aurora Cannabis (ACB) after market close\nTuesday: Micron Technology (MU) after market close.\nWednesday: No notable reports scheduled for release\nThursday: CarMax (KMX), Bed Bath & Beyond (BBBY) before market open; Jefferies (JEF) after market close\nFriday: No notable reports scheduled for releas","news_type":1,"symbols_score_info":{"SPY.AU":0.9}},"isVote":1,"tweetType":1,"viewCount":1489,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":868050778,"gmtCreate":1632557472494,"gmtModify":1632657669577,"author":{"id":"3562228753214209","authorId":"3562228753214209","name":"Philipthean8","avatar":"https://static.tigerbbs.com/a64d44f91f21979956dc4a5f98710d97","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562228753214209","authorIdStr":"3562228753214209"},"themes":[],"htmlText":"Welcome home . Huawei princess ","listText":"Welcome home . Huawei princess ","text":"Welcome home . Huawei princess","images":[{"img":"https://static.tigerbbs.com/e75a19799ac1e283f135c1b1999ac05b","width":"1078","height":"1676"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/868050778","isVote":1,"tweetType":1,"viewCount":2440,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":868024170,"gmtCreate":1632557140390,"gmtModify":1632657735602,"author":{"id":"3562228753214209","authorId":"3562228753214209","name":"Philipthean8","avatar":"https://static.tigerbbs.com/a64d44f91f21979956dc4a5f98710d97","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562228753214209","authorIdStr":"3562228753214209"},"themes":[],"htmlText":"Good move to avoid illegal money laundering","listText":"Good move to avoid illegal money laundering","text":"Good move to avoid illegal money laundering","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/868024170","repostId":"2170611891","repostType":4,"repost":{"id":"2170611891","kind":"highlight","weMediaInfo":{"introduction":"新型财经科技信息服务提供商，专注TMT。技术改变商业，商业改变世界，我们纪录这个过程，并聚集这些改变世界的人。","home_visible":1,"media_name":"TMTPost","id":"1065587721","head_image":"https://static.tigerbbs.com/72948639b39fd795a430fcaa2772851c"},"pubTimestamp":1632526620,"share":"https://ttm.financial/m/news/2170611891?lang=&edition=full","pubTime":"2021-09-25 07:37","market":"us","language":"en","title":"China Declares Cryptocurrency-Related Activities Illegal","url":"https://stock-news.laohu8.com/highlight/detail?id=2170611891","media":"TMTPost","summary":"BEIJING, September 23 (TMTPOST) — The People's Bank of China, the country’s central bank, has releas","content":"<p>BEIJING, September 23 (TMTPOST) — The People's Bank of China, the country’s central bank, has released the Notice on Further Regulating and Preventing Risks Posed by Cryptocurrency Transactions, which stresses that cryptocurrency-related activities are illegal financial activities.</p>\n<p>According to the notice, cryptocurrency does not enjoy the legal status that fiat money has. Cryptocurrencies are decentralized digital money based on blockchain technology. They are not issued by the authority and therefore do not enjoy the legal recognition that fiat money has. Cryptocurrencies should not be used as money in the market and enter circulation. Financial activities that involve cryptocurrencies are all illegal activities, the central bank stated in the notice. Financial services that facilitate the exchange between cryptocurrency and fiat money, exchange of information on cryptocurrency trading, pricing of cryptocurrency, trading of cryptocurrency derivatives, and financing through cryptocurrency are forbidden and considered illegal. Criminal liabilities can be imposed if relevant violations constitute a criminal offense.</p>\n<p>The notice also states that it is also considered an illegal financial activity for overseas cryptocurrency exchange organizations to provide exchange services through the Internet for residents within China. Employees of such overseas exchange organizations who knowingly engage in cryptocurrency services and provide services on the marketing of cryptocurrency, payment, and technical support are punishable by law.</p>\n<p>The notice calls for more efforts in establishing a working mechanism in response to cryptocurrency trading as well. The notice states that it is important to establish coordination between government departments, and between the central government and local governments to monitor cryptocurrency activities.</p>\n<p>In addition, a risk forecast on cryptocurrency trading should be built, according to the notice. The central bank and the Cyberspace Administration of China should optimize their monitoring technology that targets cryptocurrency activities. Financial institutions and non-bank payment organizations should also enhance their efforts in monitoring cryptocurrency activities.</p>\n<p>Lastly, the notice calls for the development of a multi-level mechanism to prevent cryptocurrency trading and enforce relevant laws and regulations. The multi-level mechanism should involve financial management departments, telecom departments, law enforcement, and market regulators, etc.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China Declares Cryptocurrency-Related Activities Illegal</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina Declares Cryptocurrency-Related Activities Illegal\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1065587721\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/72948639b39fd795a430fcaa2772851c);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">TMTPost </p>\n<p class=\"h-time\">2021-09-25 07:37</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>BEIJING, September 23 (TMTPOST) — The People's Bank of China, the country’s central bank, has released the Notice on Further Regulating and Preventing Risks Posed by Cryptocurrency Transactions, which stresses that cryptocurrency-related activities are illegal financial activities.</p>\n<p>According to the notice, cryptocurrency does not enjoy the legal status that fiat money has. Cryptocurrencies are decentralized digital money based on blockchain technology. They are not issued by the authority and therefore do not enjoy the legal recognition that fiat money has. Cryptocurrencies should not be used as money in the market and enter circulation. Financial activities that involve cryptocurrencies are all illegal activities, the central bank stated in the notice. Financial services that facilitate the exchange between cryptocurrency and fiat money, exchange of information on cryptocurrency trading, pricing of cryptocurrency, trading of cryptocurrency derivatives, and financing through cryptocurrency are forbidden and considered illegal. Criminal liabilities can be imposed if relevant violations constitute a criminal offense.</p>\n<p>The notice also states that it is also considered an illegal financial activity for overseas cryptocurrency exchange organizations to provide exchange services through the Internet for residents within China. Employees of such overseas exchange organizations who knowingly engage in cryptocurrency services and provide services on the marketing of cryptocurrency, payment, and technical support are punishable by law.</p>\n<p>The notice calls for more efforts in establishing a working mechanism in response to cryptocurrency trading as well. The notice states that it is important to establish coordination between government departments, and between the central government and local governments to monitor cryptocurrency activities.</p>\n<p>In addition, a risk forecast on cryptocurrency trading should be built, according to the notice. The central bank and the Cyberspace Administration of China should optimize their monitoring technology that targets cryptocurrency activities. Financial institutions and non-bank payment organizations should also enhance their efforts in monitoring cryptocurrency activities.</p>\n<p>Lastly, the notice calls for the development of a multi-level mechanism to prevent cryptocurrency trading and enforce relevant laws and regulations. The multi-level mechanism should involve financial management departments, telecom departments, law enforcement, and market regulators, etc.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CAAS":"中汽系统"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2170611891","content_text":"BEIJING, September 23 (TMTPOST) — The People's Bank of China, the country’s central bank, has released the Notice on Further Regulating and Preventing Risks Posed by Cryptocurrency Transactions, which stresses that cryptocurrency-related activities are illegal financial activities.\nAccording to the notice, cryptocurrency does not enjoy the legal status that fiat money has. Cryptocurrencies are decentralized digital money based on blockchain technology. They are not issued by the authority and therefore do not enjoy the legal recognition that fiat money has. Cryptocurrencies should not be used as money in the market and enter circulation. Financial activities that involve cryptocurrencies are all illegal activities, the central bank stated in the notice. Financial services that facilitate the exchange between cryptocurrency and fiat money, exchange of information on cryptocurrency trading, pricing of cryptocurrency, trading of cryptocurrency derivatives, and financing through cryptocurrency are forbidden and considered illegal. Criminal liabilities can be imposed if relevant violations constitute a criminal offense.\nThe notice also states that it is also considered an illegal financial activity for overseas cryptocurrency exchange organizations to provide exchange services through the Internet for residents within China. Employees of such overseas exchange organizations who knowingly engage in cryptocurrency services and provide services on the marketing of cryptocurrency, payment, and technical support are punishable by law.\nThe notice calls for more efforts in establishing a working mechanism in response to cryptocurrency trading as well. The notice states that it is important to establish coordination between government departments, and between the central government and local governments to monitor cryptocurrency activities.\nIn addition, a risk forecast on cryptocurrency trading should be built, according to the notice. The central bank and the Cyberspace Administration of China should optimize their monitoring technology that targets cryptocurrency activities. Financial institutions and non-bank payment organizations should also enhance their efforts in monitoring cryptocurrency activities.\nLastly, the notice calls for the development of a multi-level mechanism to prevent cryptocurrency trading and enforce relevant laws and regulations. The multi-level mechanism should involve financial management departments, telecom departments, law enforcement, and market regulators, etc.","news_type":1,"symbols_score_info":{"CAAS":0.9}},"isVote":1,"tweetType":1,"viewCount":2442,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":817390894,"gmtCreate":1630903650118,"gmtModify":1632905211098,"author":{"id":"3562228753214209","authorId":"3562228753214209","name":"Philipthean8","avatar":"https://static.tigerbbs.com/a64d44f91f21979956dc4a5f98710d97","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562228753214209","authorIdStr":"3562228753214209"},"themes":[],"htmlText":"Good news ","listText":"Good news ","text":"Good news","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/817390894","repostId":"1170899086","repostType":4,"isVote":1,"tweetType":1,"viewCount":1410,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":839658402,"gmtCreate":1629158107006,"gmtModify":1631884676621,"author":{"id":"3562228753214209","authorId":"3562228753214209","name":"Philipthean8","avatar":"https://static.tigerbbs.com/a64d44f91f21979956dc4a5f98710d97","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562228753214209","authorIdStr":"3562228753214209"},"themes":[],"htmlText":"American should mind their own business and stop meddling other country internal affair.USA retreat show that America is getting weaker . ","listText":"American should mind their own business and stop meddling other country internal affair.USA retreat show that America is getting weaker . ","text":"American should mind their own business and stop meddling other country internal affair.USA retreat show that America is getting weaker .","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/839658402","repostId":"1117885165","repostType":4,"repost":{"id":"1117885165","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1629122790,"share":"https://ttm.financial/m/news/1117885165?lang=&edition=full","pubTime":"2021-08-16 22:06","market":"other","language":"en","title":"Why are Americans shocked by Taliban’s rapid takeover? Here’s the answer","url":"https://stock-news.laohu8.com/highlight/detail?id=1117885165","media":"Tiger Newspress","summary":"Perhaps, 90% of American people know that the United States is engaged in war in Afghanistan, while ","content":"<p>Perhaps, 90% of American people know that the United States is engaged in war in Afghanistan, while less than 50% of Americans can tell that Afghanistan has helped Al Qaeda in the past, and only 17% of American teenagers can find out the location of Afghanistan on the map. Why does a country separated by half of the earth from the United States own such a high reputation in the minds of American people? The only reason is that every American president has said that he wants to end the war in Afghanistan.</p>\n<p>It was not Donald Trump, who was nominated for the Nobel Peace Prize, that ended the war in Afghanistan, but Biden. Biden chose to end the war in Afghanistan in the same way that the country ended the Vietnam War 60 years ago -- voluntarily withdrawing from the battlefield. After withdrawing from the Vietnam War, South Vietnam, supported by the United States, quickly lost the war. The Vietnam War was declared over, with the North and the South being reunified. The same is true today. The U.S.-backed Afghan government collapsed at an even faster rate. Coincidentally, the United States fought both wars for 20 years.</p>\n<p>Judging from the extensive coverage of major media in the United States, the incident has had a huge impact on the American elite. They cannot fully understand where their \"shock\" comes from, however. Here, 5 factors are summarized to illustrate it:</p>\n<p>1. It is beyond expectation that the well-equipped Afghan government forces could be defeated in just a few days.</p>\n<p>2. To their surprise, Biden insisted on withdrawing all US troops despite the military's opposition, leaving no one behind.</p>\n<p>3. It is unexpected that the $83 billion that was used by the United States to train and arm the local army in Afghanistan comes to naught.</p>\n<p>4. They cannot believe that the Afghan president who vowed to defend the capital the day before has quietly left Afghanistan a day later.</p>\n<p>5. They never thought that the democratic government that the United States has cultivated for 20 years has not received widespread support from the Afghan people.</p>\n<p><b>The last “shock”, without doubt, is the core.</b></p>\n<p>Similar cases occurred more than 70 years ago: the cities were encircled from the rural areas; the backward weapons defeated the advanced weapons of America; the army of ruling party was controlled by warlords; the army was corrupt… </p>\n<p>The US troops invaded Afghanistan in 2001 for Bin Laden who then was killed in 2011. The war had already been declared victory, but then the United States fell into a tug of war with an unknown purpose. On the one hand, the U.S. military cannot completely eliminate the Taliban; on the other hand, the U.S. military has always been intending to get away.</p>\n<p>According to Associated Press News, the estimated amount of direct Afghanistan and Iraq war costs that the United States has debt-financed as of 2020 is $2 trillion, the estimated interest costs by 2050 is up to $6.5 trillion, and the estimated amount that the United States has committed to pay in health care, disability, burial and other costs for roughly 4 million Afghanistan and Iraq veterans is more than $2 trillion.</p>\n<p>The only way the U.S. can think of is to establish the U.S. system in Afghanistan and train a modern military to protect the system.</p>\n<p>However, the Afghan government failed to learn the essence of the American system. Instead, it accuses the other party of cheating after the election. After the 2019 Afghan presidential election, the second-ranked candidate expressed election fraud, and the first and second places held their respective presidential inauguration ceremonies. Finally, under the intervention of the Trump administration, the first two candidates shared the power.</p>\n<p>The war in Afghanistan was initiated by Bush Jr., and the U.S. troops were withdrawn during Obama's term. Trump withdrew the troops further, and the person who made up his mind to complete the withdrawal was Biden. After Biden was elected at the end of last year, the Department of Defense of the United States was worried that Biden would order a complete withdrawal of troops from Afghanistan, so it kept lobbying Biden to retain at least a few thousand troops. Biden was completely unmoved, however. </p>\n<p>If the current Afghan government is unable to resist the Taliban, when can it? Even though the US military stays for another 10 years, and the situation in Afghanistan will not be changed. US intelligence agencies are inclined to cater to Biden, believing that even if the US forces are withdrawn, the Afghan government forces can guard the capital for at least 1.5 years. Looking at it now, the number 1.5 is correct, but the unit should be \"weeks\" instead of \"years.\"</p>\n<p>The pictures mostly reported by the Western media show that Afghans rushed onto the tarmac of the capital’s airport after Taliban’s takeover of the capital. But, it also can be seen from many other photos that the streets of the Afghan capital are still crowded with people, vehicles are constantly moving, and there is no riot or bloodshed throughout the city. </p>\n<p>Western media have always blamed corruption for the defeat of government forces. It can be considered that the U.S. system has not solved the problem of corruption in Afghanistan. No Western media would admit that today’s situation in Afghanistan is the result of the choice made by most people, which may suggest the failure of the implementation of the American system. </p>\n<p>It is worth noting that the Afghan people are not positive about the system of voting for the president. Afghanistan has a population of 38 million, with only 9.7 million registered voters. The number of voters in 2019 was only 1.6 million, which is far from that of the American people who voted at the risk of their lives during the coronavirus outbreak.</p>\n<p>During the 20-year war in Afghanistan, the United States has received a lot of help from Afghan people. Many local people acted as translators, drivers, engineers, etc. for the U.S. military. At present, the safety of these people is under threat, because the U.S. forces are leaving Afghanistan. Although the international community has been calling for it for a long time, the United States has made slow progress in immigration work for this group of people. Biden has been under great pressure, but it is still difficult to promote it. </p>\n<p>Generally speaking, the Afghan civilians who have helped the U.S. forces can be regarded as people who agree with American values, but the first batch of people to obtain immigrant visas waited until the end of July this year.</p>\n<p>If it is so difficult for the United States to recognize and accept Afghan people, then it is a pseudo-proposition to require Afghanistan to recognize the American system from the very beginning.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why are Americans shocked by Taliban’s rapid takeover? Here’s the answer</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy are Americans shocked by Taliban’s rapid takeover? Here’s the answer\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-08-16 22:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Perhaps, 90% of American people know that the United States is engaged in war in Afghanistan, while less than 50% of Americans can tell that Afghanistan has helped Al Qaeda in the past, and only 17% of American teenagers can find out the location of Afghanistan on the map. Why does a country separated by half of the earth from the United States own such a high reputation in the minds of American people? The only reason is that every American president has said that he wants to end the war in Afghanistan.</p>\n<p>It was not Donald Trump, who was nominated for the Nobel Peace Prize, that ended the war in Afghanistan, but Biden. Biden chose to end the war in Afghanistan in the same way that the country ended the Vietnam War 60 years ago -- voluntarily withdrawing from the battlefield. After withdrawing from the Vietnam War, South Vietnam, supported by the United States, quickly lost the war. The Vietnam War was declared over, with the North and the South being reunified. The same is true today. The U.S.-backed Afghan government collapsed at an even faster rate. Coincidentally, the United States fought both wars for 20 years.</p>\n<p>Judging from the extensive coverage of major media in the United States, the incident has had a huge impact on the American elite. They cannot fully understand where their \"shock\" comes from, however. Here, 5 factors are summarized to illustrate it:</p>\n<p>1. It is beyond expectation that the well-equipped Afghan government forces could be defeated in just a few days.</p>\n<p>2. To their surprise, Biden insisted on withdrawing all US troops despite the military's opposition, leaving no one behind.</p>\n<p>3. It is unexpected that the $83 billion that was used by the United States to train and arm the local army in Afghanistan comes to naught.</p>\n<p>4. They cannot believe that the Afghan president who vowed to defend the capital the day before has quietly left Afghanistan a day later.</p>\n<p>5. They never thought that the democratic government that the United States has cultivated for 20 years has not received widespread support from the Afghan people.</p>\n<p><b>The last “shock”, without doubt, is the core.</b></p>\n<p>Similar cases occurred more than 70 years ago: the cities were encircled from the rural areas; the backward weapons defeated the advanced weapons of America; the army of ruling party was controlled by warlords; the army was corrupt… </p>\n<p>The US troops invaded Afghanistan in 2001 for Bin Laden who then was killed in 2011. The war had already been declared victory, but then the United States fell into a tug of war with an unknown purpose. On the one hand, the U.S. military cannot completely eliminate the Taliban; on the other hand, the U.S. military has always been intending to get away.</p>\n<p>According to Associated Press News, the estimated amount of direct Afghanistan and Iraq war costs that the United States has debt-financed as of 2020 is $2 trillion, the estimated interest costs by 2050 is up to $6.5 trillion, and the estimated amount that the United States has committed to pay in health care, disability, burial and other costs for roughly 4 million Afghanistan and Iraq veterans is more than $2 trillion.</p>\n<p>The only way the U.S. can think of is to establish the U.S. system in Afghanistan and train a modern military to protect the system.</p>\n<p>However, the Afghan government failed to learn the essence of the American system. Instead, it accuses the other party of cheating after the election. After the 2019 Afghan presidential election, the second-ranked candidate expressed election fraud, and the first and second places held their respective presidential inauguration ceremonies. Finally, under the intervention of the Trump administration, the first two candidates shared the power.</p>\n<p>The war in Afghanistan was initiated by Bush Jr., and the U.S. troops were withdrawn during Obama's term. Trump withdrew the troops further, and the person who made up his mind to complete the withdrawal was Biden. After Biden was elected at the end of last year, the Department of Defense of the United States was worried that Biden would order a complete withdrawal of troops from Afghanistan, so it kept lobbying Biden to retain at least a few thousand troops. Biden was completely unmoved, however. </p>\n<p>If the current Afghan government is unable to resist the Taliban, when can it? Even though the US military stays for another 10 years, and the situation in Afghanistan will not be changed. US intelligence agencies are inclined to cater to Biden, believing that even if the US forces are withdrawn, the Afghan government forces can guard the capital for at least 1.5 years. Looking at it now, the number 1.5 is correct, but the unit should be \"weeks\" instead of \"years.\"</p>\n<p>The pictures mostly reported by the Western media show that Afghans rushed onto the tarmac of the capital’s airport after Taliban’s takeover of the capital. But, it also can be seen from many other photos that the streets of the Afghan capital are still crowded with people, vehicles are constantly moving, and there is no riot or bloodshed throughout the city. </p>\n<p>Western media have always blamed corruption for the defeat of government forces. It can be considered that the U.S. system has not solved the problem of corruption in Afghanistan. No Western media would admit that today’s situation in Afghanistan is the result of the choice made by most people, which may suggest the failure of the implementation of the American system. </p>\n<p>It is worth noting that the Afghan people are not positive about the system of voting for the president. Afghanistan has a population of 38 million, with only 9.7 million registered voters. The number of voters in 2019 was only 1.6 million, which is far from that of the American people who voted at the risk of their lives during the coronavirus outbreak.</p>\n<p>During the 20-year war in Afghanistan, the United States has received a lot of help from Afghan people. Many local people acted as translators, drivers, engineers, etc. for the U.S. military. At present, the safety of these people is under threat, because the U.S. forces are leaving Afghanistan. Although the international community has been calling for it for a long time, the United States has made slow progress in immigration work for this group of people. Biden has been under great pressure, but it is still difficult to promote it. </p>\n<p>Generally speaking, the Afghan civilians who have helped the U.S. forces can be regarded as people who agree with American values, but the first batch of people to obtain immigrant visas waited until the end of July this year.</p>\n<p>If it is so difficult for the United States to recognize and accept Afghan people, then it is a pseudo-proposition to require Afghanistan to recognize the American system from the very beginning.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1117885165","content_text":"Perhaps, 90% of American people know that the United States is engaged in war in Afghanistan, while less than 50% of Americans can tell that Afghanistan has helped Al Qaeda in the past, and only 17% of American teenagers can find out the location of Afghanistan on the map. Why does a country separated by half of the earth from the United States own such a high reputation in the minds of American people? The only reason is that every American president has said that he wants to end the war in Afghanistan.\nIt was not Donald Trump, who was nominated for the Nobel Peace Prize, that ended the war in Afghanistan, but Biden. Biden chose to end the war in Afghanistan in the same way that the country ended the Vietnam War 60 years ago -- voluntarily withdrawing from the battlefield. After withdrawing from the Vietnam War, South Vietnam, supported by the United States, quickly lost the war. The Vietnam War was declared over, with the North and the South being reunified. The same is true today. The U.S.-backed Afghan government collapsed at an even faster rate. Coincidentally, the United States fought both wars for 20 years.\nJudging from the extensive coverage of major media in the United States, the incident has had a huge impact on the American elite. They cannot fully understand where their \"shock\" comes from, however. Here, 5 factors are summarized to illustrate it:\n1. It is beyond expectation that the well-equipped Afghan government forces could be defeated in just a few days.\n2. To their surprise, Biden insisted on withdrawing all US troops despite the military's opposition, leaving no one behind.\n3. It is unexpected that the $83 billion that was used by the United States to train and arm the local army in Afghanistan comes to naught.\n4. They cannot believe that the Afghan president who vowed to defend the capital the day before has quietly left Afghanistan a day later.\n5. They never thought that the democratic government that the United States has cultivated for 20 years has not received widespread support from the Afghan people.\nThe last “shock”, without doubt, is the core.\nSimilar cases occurred more than 70 years ago: the cities were encircled from the rural areas; the backward weapons defeated the advanced weapons of America; the army of ruling party was controlled by warlords; the army was corrupt… \nThe US troops invaded Afghanistan in 2001 for Bin Laden who then was killed in 2011. The war had already been declared victory, but then the United States fell into a tug of war with an unknown purpose. On the one hand, the U.S. military cannot completely eliminate the Taliban; on the other hand, the U.S. military has always been intending to get away.\nAccording to Associated Press News, the estimated amount of direct Afghanistan and Iraq war costs that the United States has debt-financed as of 2020 is $2 trillion, the estimated interest costs by 2050 is up to $6.5 trillion, and the estimated amount that the United States has committed to pay in health care, disability, burial and other costs for roughly 4 million Afghanistan and Iraq veterans is more than $2 trillion.\nThe only way the U.S. can think of is to establish the U.S. system in Afghanistan and train a modern military to protect the system.\nHowever, the Afghan government failed to learn the essence of the American system. Instead, it accuses the other party of cheating after the election. After the 2019 Afghan presidential election, the second-ranked candidate expressed election fraud, and the first and second places held their respective presidential inauguration ceremonies. Finally, under the intervention of the Trump administration, the first two candidates shared the power.\nThe war in Afghanistan was initiated by Bush Jr., and the U.S. troops were withdrawn during Obama's term. Trump withdrew the troops further, and the person who made up his mind to complete the withdrawal was Biden. After Biden was elected at the end of last year, the Department of Defense of the United States was worried that Biden would order a complete withdrawal of troops from Afghanistan, so it kept lobbying Biden to retain at least a few thousand troops. Biden was completely unmoved, however. \nIf the current Afghan government is unable to resist the Taliban, when can it? Even though the US military stays for another 10 years, and the situation in Afghanistan will not be changed. US intelligence agencies are inclined to cater to Biden, believing that even if the US forces are withdrawn, the Afghan government forces can guard the capital for at least 1.5 years. Looking at it now, the number 1.5 is correct, but the unit should be \"weeks\" instead of \"years.\"\nThe pictures mostly reported by the Western media show that Afghans rushed onto the tarmac of the capital’s airport after Taliban’s takeover of the capital. But, it also can be seen from many other photos that the streets of the Afghan capital are still crowded with people, vehicles are constantly moving, and there is no riot or bloodshed throughout the city. \nWestern media have always blamed corruption for the defeat of government forces. It can be considered that the U.S. system has not solved the problem of corruption in Afghanistan. No Western media would admit that today’s situation in Afghanistan is the result of the choice made by most people, which may suggest the failure of the implementation of the American system. \nIt is worth noting that the Afghan people are not positive about the system of voting for the president. Afghanistan has a population of 38 million, with only 9.7 million registered voters. The number of voters in 2019 was only 1.6 million, which is far from that of the American people who voted at the risk of their lives during the coronavirus outbreak.\nDuring the 20-year war in Afghanistan, the United States has received a lot of help from Afghan people. Many local people acted as translators, drivers, engineers, etc. for the U.S. military. At present, the safety of these people is under threat, because the U.S. forces are leaving Afghanistan. Although the international community has been calling for it for a long time, the United States has made slow progress in immigration work for this group of people. Biden has been under great pressure, but it is still difficult to promote it. \nGenerally speaking, the Afghan civilians who have helped the U.S. forces can be regarded as people who agree with American values, but the first batch of people to obtain immigrant visas waited until the end of July this year.\nIf it is so difficult for the United States to recognize and accept Afghan people, then it is a pseudo-proposition to require Afghanistan to recognize the American system from the very beginning.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1118,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":802853564,"gmtCreate":1627767604658,"gmtModify":1633756634372,"author":{"id":"3562228753214209","authorId":"3562228753214209","name":"Philipthean8","avatar":"https://static.tigerbbs.com/a64d44f91f21979956dc4a5f98710d97","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562228753214209","authorIdStr":"3562228753214209"},"themes":[],"htmlText":"Weaken currency will made Singapore more competitive for export but it will import more costly . ","listText":"Weaken currency will made Singapore more competitive for export but it will import more costly . ","text":"Weaken currency will made Singapore more competitive for export but it will import more costly .","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/802853564","repostId":"1167653033","repostType":4,"repost":{"id":"1167653033","kind":"news","pubTimestamp":1627706886,"share":"https://ttm.financial/m/news/1167653033?lang=&edition=full","pubTime":"2021-07-31 12:48","market":"sg","language":"en","title":"SGD to weaken to $1.35/USD amidst COVID-19 woes: Fitch","url":"https://stock-news.laohu8.com/highlight/detail?id=1167653033","media":"Singapore Business","summary":"The Singapore dollar (SGD) is expected to weaken to $1.35 versus the US dollar (USD) for 2021, accor","content":"<p>The Singapore dollar (SGD) is expected to weaken to $1.35 versus the US dollar (USD) for 2021, according to Fitch Solutions, to weaken further to $1.36 in 2022.</p>\n<p>This is a downgrade from its previous forecast of $1.33 against the greenback for 2021 and $1.32 in 2022.</p>\n<p>“The SGD has weakened in line with most other Asian currencies after the Fed’s hawkish surprise on June 16, and will likely trade in a weaker range between $1.35 per USD and $1.38 per USD for the remainder of 2021 and likely in 2022 as well,” Fitch said.</p>\n<p>This is due to the risk-off sentiment sparked by the resurgence of COVID-19 infections across Asia, including the key economies of Indonesia, Malaysia, and Thailand.</p>\n<p>The SGD also breached the key support level of $1.35 per USD on 8 July and has weakened since. The last time Singapore breached this level was in July 2018, during the initial phases of the US-China trade war.</p>\n<p>“However, any weakness in the SGD should be capped by the economy being in a much more resilient position than other Asian markets, due to the fast progress in vaccinating the population,” it added. “This puts Singapore in a much more resilient position compared to most other Asian economies and the SGD could benefit from some degree of safe-haven flows from elsewhere in the region as the year progresses, limiting prospects for further depreciation beyond our identified trading range.”</p>\n<p>For the long term, Fitch expects a strong recovery in exports to support the currency in 2022, but balanced by the risk of a potentially more hawkish US Fed if above-2% target inflation persists.</p>\n<p>Fitch Solutions identified as a key risk the possibility of a COVID-19 variant that can bypass existing vaccines, which could force Singapore to implement further lockdowns.</p>","source":"lsy1618986048053","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SGD to weaken to $1.35/USD amidst COVID-19 woes: Fitch</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSGD to weaken to $1.35/USD amidst COVID-19 woes: Fitch\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-31 12:48 GMT+8 <a href=https://sbr.com.sg/economy/in-focus/sgd-weaken-135usd-amidst-covid-19-woes-fitch><strong>Singapore Business</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Singapore dollar (SGD) is expected to weaken to $1.35 versus the US dollar (USD) for 2021, according to Fitch Solutions, to weaken further to $1.36 in 2022.\nThis is a downgrade from its previous ...</p>\n\n<a href=\"https://sbr.com.sg/economy/in-focus/sgd-weaken-135usd-amidst-covid-19-woes-fitch\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://sbr.com.sg/economy/in-focus/sgd-weaken-135usd-amidst-covid-19-woes-fitch","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1167653033","content_text":"The Singapore dollar (SGD) is expected to weaken to $1.35 versus the US dollar (USD) for 2021, according to Fitch Solutions, to weaken further to $1.36 in 2022.\nThis is a downgrade from its previous forecast of $1.33 against the greenback for 2021 and $1.32 in 2022.\n“The SGD has weakened in line with most other Asian currencies after the Fed’s hawkish surprise on June 16, and will likely trade in a weaker range between $1.35 per USD and $1.38 per USD for the remainder of 2021 and likely in 2022 as well,” Fitch said.\nThis is due to the risk-off sentiment sparked by the resurgence of COVID-19 infections across Asia, including the key economies of Indonesia, Malaysia, and Thailand.\nThe SGD also breached the key support level of $1.35 per USD on 8 July and has weakened since. The last time Singapore breached this level was in July 2018, during the initial phases of the US-China trade war.\n“However, any weakness in the SGD should be capped by the economy being in a much more resilient position than other Asian markets, due to the fast progress in vaccinating the population,” it added. “This puts Singapore in a much more resilient position compared to most other Asian economies and the SGD could benefit from some degree of safe-haven flows from elsewhere in the region as the year progresses, limiting prospects for further depreciation beyond our identified trading range.”\nFor the long term, Fitch expects a strong recovery in exports to support the currency in 2022, but balanced by the risk of a potentially more hawkish US Fed if above-2% target inflation persists.\nFitch Solutions identified as a key risk the possibility of a COVID-19 variant that can bypass existing vaccines, which could force Singapore to implement further lockdowns.","news_type":1,"symbols_score_info":{"STI.SI":0.9}},"isVote":1,"tweetType":1,"viewCount":1122,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":174626962,"gmtCreate":1627096290356,"gmtModify":1633768002139,"author":{"id":"3562228753214209","authorId":"3562228753214209","name":"Philipthean8","avatar":"https://static.tigerbbs.com/a64d44f91f21979956dc4a5f98710d97","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562228753214209","authorIdStr":"3562228753214209"},"themes":[],"htmlText":"It will succeed ","listText":"It will succeed ","text":"It will succeed","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/174626962","repostId":"2153829859","repostType":4,"repost":{"id":"2153829859","kind":"highlight","pubTimestamp":1627087577,"share":"https://ttm.financial/m/news/2153829859?lang=&edition=full","pubTime":"2021-07-24 08:46","market":"us","language":"en","title":"3 Reasons Netflix Could Succeed in Video Games","url":"https://stock-news.laohu8.com/highlight/detail?id=2153829859","media":"Motley Fool","summary":"Netflix is making a bold bet. Here's why it could pay off.","content":"<p>For more than 20 years, <b>Netflix</b> (NASDAQ:NFLX) has provided its customers with access to television shows and movies, first on DVDs and now through streaming.</p>\n<p>The company has always been disciplined with its approach. It's rejected calls to get into providing live TV like sports or news, and it has resisted the idea of monetizing its platform through advertising, choosing instead to stick with a simple subscription-only plan.</p>\n<p>Now, Netflix is ready to break that mold. The company said in its second-quarter shareholder letter that it was in the \"early stages of further expanding into gaming,\" and that it views gaming as another content category, like unscripted shows or animation.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e11aec1bae4010b3fd697461aa682a88\" tg-width=\"700\" tg-height=\"393\" referrerpolicy=\"no-referrer\"><span>Image source: Netflix.</span></p>\n<p>Management said it would begin with mobile gaming, but tamped down expectations on the second-quarter earnings call, saying that it views games as complementary to streaming and that streaming would remain the core of the business. It also said that it would not try to monetize games directly, using them instead to drive overall subscription growth and retention. Games will be included at no extra cost in all of Netflix's subscription packages.</p>\n<p>While it may seem like Netflix is arriving late to the gaming arena, there are still at least three reasons to believe the streaming giant could succeed in this new category.</p>\n<h2>1. Netflix has a huge platform</h2>\n<p>Netflix's customer reach alone gives it the opportunity to be a powerhouse in gaming. The company has more than 200 million paying subscribers around the world, and many of its customers spend hours a day on the platform. While Netflix users come to the service to watch TV and movies, the company knows that ultimately its customers are looking for entertainment. Management considers its competition to range from <b>Alphabet</b>'s YouTube to social media platforms like ByteDance's TikTok to video games, in addition to other streaming services and linear TV.</p>\n<p>Additionally, launching mobile gaming makes sense. It won't require any additional hardware; the interactivity is built into the devices; and most Netflix users already have the app loaded onto their devices. According to Apptopia, Netflix was the 10th-most downloaded app in the world in 2020, with 223 million downloads, and it was the only <a href=\"https://laohu8.com/S/AONE.U\">one</a> in the top 10 that doesn't provide a free service. It's a good bet that many of the subscribers who come to Netflix for shows and movies would be happy to try out games on the platform as well.</p>\n<p>With a global brand and a giant built-in audience, Netflix should also be a highly appealing partner for game developers. Chief product officer Greg Peters said as much on the Q2 earnings call, arguing that because Netflix wouldn't be concerned with monetization tactics like advertising or in-app purchases, it would be more attractive to developers: \"So we're finding that many game developers really like that concept and that focus and this idea of being able to put all of their creative energy into just great gameplay, and not having to worry about those other considerations that they have typically had to trade off with, just making compelling games.\"</p>\n<h2>2. There's crossover potential with its intellectual property</h2>\n<p>There's no shortage of intellectual property (IP) in Hollywood that has become video games or, in turn, video games that have become movies. Among games that have become hit movies are <i>Mortal Kombat</i>, <i>Tomb Raider</i>, and <i>Sonic the Hedgehog</i>, while there are plenty of success stories in the other direction like <i>Goldeneye 007</i>, <i>Mad Max</i>, and <i>Indiana Jones and the Fate of Atlantis</i>.</p>\n<p>Netflix has historically lacked the kind of monetization machine that <b>Walt Disney</b> has. When Disney makes a hit movie, it lives multiple lives as theme-park rides, toys, and live events like musical theater or Ice Capades -- and as games, which it generally licenses to developers.</p>\n<p>It's easy to imagine some of Netflix's hit shows like <i>Narcos</i>, <i>Ozark</i>, or <i>Stranger Things</i> translating into games. A show like <i>Queen's Gambit</i>, for example, could have easily lent itself to a themed chess game based on the show.</p>\n<p>There's also the potential for Netflix's gaming IP to move in the other direction. If the company launches a hit mobile game, the infrastructure to make those characters into a show or a movie is readily available. Peters acknowledged that this was part of the strategy on the call: \"Part of that will be games that extend our IP. We think that's a really rich, rich space, so that's very much part of our long-term thesis.\"</p>\n<p>Netflix is also planning to do stand-alone games. Overall, the complementarity between games and video entertainment is powerful, especially for a platform with so many paying subscribers.</p>\n<h2>3. Netflix has a great track record</h2>\n<p>Netflix doesn't move into new businesses thoughtlessly. Over its history, the company has been incredibly disciplined, making two large leaps -- from DVDs to streaming, and then from licensing content to producing original shows and movies. Though its brief attempt to separate the DVD business under the brand Qwikster was a failure, Netflix is not a company that blindly enters new experiments, and it understands its core competencies well.</p>\n<p>Co-CEO Ted Sarandos mostly dismissed the idea of getting into sports again, saying on the call: \"Our fundamental product is on-demand and advertising-free, and sports tends to be live and packed with advertising. So there's not a lot of natural synergies in that way, except for it happens in television.\"</p>\n<p>Co-CEO Reed Hastings also said that video gaming was something the company had discussed for years, and decided on going forward with because it shares a lot of qualities with video entertainment: \"You're going to have these long franchises and very positive for us, kind of industry-structure-wise, if we can master the skill set.\"</p>\n<p>While video games aren't a slam dunk for Netflix and will likely take years to come to fruition, the new direction also shows that the streaming champ is looking for new opportunities as its growth rate in streaming slows.</p>\n<p>With more than 200 million subscribers and one of the best-known brands in entertainment, it would be a mistake to count out Netflix in video games.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Reasons Netflix Could Succeed in Video Games</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Reasons Netflix Could Succeed in Video Games\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-24 08:46 GMT+8 <a href=https://www.fool.com/investing/2021/07/23/3-reasons-netflix-could-succeed-in-video-games/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>For more than 20 years, Netflix (NASDAQ:NFLX) has provided its customers with access to television shows and movies, first on DVDs and now through streaming.\nThe company has always been disciplined ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/23/3-reasons-netflix-could-succeed-in-video-games/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2021/07/23/3-reasons-netflix-could-succeed-in-video-games/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2153829859","content_text":"For more than 20 years, Netflix (NASDAQ:NFLX) has provided its customers with access to television shows and movies, first on DVDs and now through streaming.\nThe company has always been disciplined with its approach. It's rejected calls to get into providing live TV like sports or news, and it has resisted the idea of monetizing its platform through advertising, choosing instead to stick with a simple subscription-only plan.\nNow, Netflix is ready to break that mold. The company said in its second-quarter shareholder letter that it was in the \"early stages of further expanding into gaming,\" and that it views gaming as another content category, like unscripted shows or animation.\nImage source: Netflix.\nManagement said it would begin with mobile gaming, but tamped down expectations on the second-quarter earnings call, saying that it views games as complementary to streaming and that streaming would remain the core of the business. It also said that it would not try to monetize games directly, using them instead to drive overall subscription growth and retention. Games will be included at no extra cost in all of Netflix's subscription packages.\nWhile it may seem like Netflix is arriving late to the gaming arena, there are still at least three reasons to believe the streaming giant could succeed in this new category.\n1. Netflix has a huge platform\nNetflix's customer reach alone gives it the opportunity to be a powerhouse in gaming. The company has more than 200 million paying subscribers around the world, and many of its customers spend hours a day on the platform. While Netflix users come to the service to watch TV and movies, the company knows that ultimately its customers are looking for entertainment. Management considers its competition to range from Alphabet's YouTube to social media platforms like ByteDance's TikTok to video games, in addition to other streaming services and linear TV.\nAdditionally, launching mobile gaming makes sense. It won't require any additional hardware; the interactivity is built into the devices; and most Netflix users already have the app loaded onto their devices. According to Apptopia, Netflix was the 10th-most downloaded app in the world in 2020, with 223 million downloads, and it was the only one in the top 10 that doesn't provide a free service. It's a good bet that many of the subscribers who come to Netflix for shows and movies would be happy to try out games on the platform as well.\nWith a global brand and a giant built-in audience, Netflix should also be a highly appealing partner for game developers. Chief product officer Greg Peters said as much on the Q2 earnings call, arguing that because Netflix wouldn't be concerned with monetization tactics like advertising or in-app purchases, it would be more attractive to developers: \"So we're finding that many game developers really like that concept and that focus and this idea of being able to put all of their creative energy into just great gameplay, and not having to worry about those other considerations that they have typically had to trade off with, just making compelling games.\"\n2. There's crossover potential with its intellectual property\nThere's no shortage of intellectual property (IP) in Hollywood that has become video games or, in turn, video games that have become movies. Among games that have become hit movies are Mortal Kombat, Tomb Raider, and Sonic the Hedgehog, while there are plenty of success stories in the other direction like Goldeneye 007, Mad Max, and Indiana Jones and the Fate of Atlantis.\nNetflix has historically lacked the kind of monetization machine that Walt Disney has. When Disney makes a hit movie, it lives multiple lives as theme-park rides, toys, and live events like musical theater or Ice Capades -- and as games, which it generally licenses to developers.\nIt's easy to imagine some of Netflix's hit shows like Narcos, Ozark, or Stranger Things translating into games. A show like Queen's Gambit, for example, could have easily lent itself to a themed chess game based on the show.\nThere's also the potential for Netflix's gaming IP to move in the other direction. If the company launches a hit mobile game, the infrastructure to make those characters into a show or a movie is readily available. Peters acknowledged that this was part of the strategy on the call: \"Part of that will be games that extend our IP. We think that's a really rich, rich space, so that's very much part of our long-term thesis.\"\nNetflix is also planning to do stand-alone games. Overall, the complementarity between games and video entertainment is powerful, especially for a platform with so many paying subscribers.\n3. Netflix has a great track record\nNetflix doesn't move into new businesses thoughtlessly. Over its history, the company has been incredibly disciplined, making two large leaps -- from DVDs to streaming, and then from licensing content to producing original shows and movies. Though its brief attempt to separate the DVD business under the brand Qwikster was a failure, Netflix is not a company that blindly enters new experiments, and it understands its core competencies well.\nCo-CEO Ted Sarandos mostly dismissed the idea of getting into sports again, saying on the call: \"Our fundamental product is on-demand and advertising-free, and sports tends to be live and packed with advertising. So there's not a lot of natural synergies in that way, except for it happens in television.\"\nCo-CEO Reed Hastings also said that video gaming was something the company had discussed for years, and decided on going forward with because it shares a lot of qualities with video entertainment: \"You're going to have these long franchises and very positive for us, kind of industry-structure-wise, if we can master the skill set.\"\nWhile video games aren't a slam dunk for Netflix and will likely take years to come to fruition, the new direction also shows that the streaming champ is looking for new opportunities as its growth rate in streaming slows.\nWith more than 200 million subscribers and one of the best-known brands in entertainment, it would be a mistake to count out Netflix in video games.","news_type":1,"symbols_score_info":{"NFLX":0.9}},"isVote":1,"tweetType":1,"viewCount":1065,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":174621613,"gmtCreate":1627096193032,"gmtModify":1633768003529,"author":{"id":"3562228753214209","authorId":"3562228753214209","name":"Philipthean8","avatar":"https://static.tigerbbs.com/a64d44f91f21979956dc4a5f98710d97","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562228753214209","authorIdStr":"3562228753214209"},"themes":[],"htmlText":"Anti monopoly is a good move to protect the consumer ","listText":"Anti monopoly is a good move to protect the consumer ","text":"Anti monopoly is a good move to protect the consumer","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/174621613","repostId":"1151500518","repostType":4,"repost":{"id":"1151500518","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1627092269,"share":"https://ttm.financial/m/news/1151500518?lang=&edition=full","pubTime":"2021-07-24 10:04","market":"us","language":"en","title":"Tencent was ordered to remove the exclusive copyright of online music","url":"https://stock-news.laohu8.com/highlight/detail?id=1151500518","media":"Tiger Newspress","summary":"The China market supervision administration made an administrative punishment decision according to ","content":"<p>The China market supervision administration made an administrative punishment decision according to law, ordering Tencent and its affiliated companies to take measures to restore the state of market competition, such as canceling the exclusive music copyright within 30 days, stopping the payment of copyright fees such as high prepayment, and not requiring the upstream copyright party to give conditions superior to its competitors without justified reasons. Tencent will report the performance of its obligations to the State Administration of market supervision every year within three years, and the State Administration of market supervision will strictly supervise its implementation according to law.</p>\n<p>This case is the first case in which necessary measures have been taken to restore the state of market competition for the illegal implementation of business concentration since the implementation of China's anti-monopoly law.</p>\n<p>Tencent responded that the company will seriously abide by the decision, strictly implement the regulatory requirements, operate in accordance with the law, earnestly fulfill its social responsibility and maintain benign competition in the market. Tencent will take full responsibility, formulate rectification measures and plans with Tencent music and other affiliated companies within the specified time limit, and complete them completely in accordance with the requirements of the punishment decision to ensure that the rectification is in place.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tencent was ordered to remove the exclusive copyright of online music</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTencent was ordered to remove the exclusive copyright of online music\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-07-24 10:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>The China market supervision administration made an administrative punishment decision according to law, ordering Tencent and its affiliated companies to take measures to restore the state of market competition, such as canceling the exclusive music copyright within 30 days, stopping the payment of copyright fees such as high prepayment, and not requiring the upstream copyright party to give conditions superior to its competitors without justified reasons. Tencent will report the performance of its obligations to the State Administration of market supervision every year within three years, and the State Administration of market supervision will strictly supervise its implementation according to law.</p>\n<p>This case is the first case in which necessary measures have been taken to restore the state of market competition for the illegal implementation of business concentration since the implementation of China's anti-monopoly law.</p>\n<p>Tencent responded that the company will seriously abide by the decision, strictly implement the regulatory requirements, operate in accordance with the law, earnestly fulfill its social responsibility and maintain benign competition in the market. Tencent will take full responsibility, formulate rectification measures and plans with Tencent music and other affiliated companies within the specified time limit, and complete them completely in accordance with the requirements of the punishment decision to ensure that the rectification is in place.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TME":"腾讯音乐","00700":"腾讯控股"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151500518","content_text":"The China market supervision administration made an administrative punishment decision according to law, ordering Tencent and its affiliated companies to take measures to restore the state of market competition, such as canceling the exclusive music copyright within 30 days, stopping the payment of copyright fees such as high prepayment, and not requiring the upstream copyright party to give conditions superior to its competitors without justified reasons. Tencent will report the performance of its obligations to the State Administration of market supervision every year within three years, and the State Administration of market supervision will strictly supervise its implementation according to law.\nThis case is the first case in which necessary measures have been taken to restore the state of market competition for the illegal implementation of business concentration since the implementation of China's anti-monopoly law.\nTencent responded that the company will seriously abide by the decision, strictly implement the regulatory requirements, operate in accordance with the law, earnestly fulfill its social responsibility and maintain benign competition in the market. Tencent will take full responsibility, formulate rectification measures and plans with Tencent music and other affiliated companies within the specified time limit, and complete them completely in accordance with the requirements of the punishment decision to ensure that the rectification is in place.","news_type":1,"symbols_score_info":{"00700":0.9,"TME":0.9}},"isVote":1,"tweetType":1,"viewCount":2044,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":176785456,"gmtCreate":1626916254275,"gmtModify":1633769788807,"author":{"id":"3562228753214209","authorId":"3562228753214209","name":"Philipthean8","avatar":"https://static.tigerbbs.com/a64d44f91f21979956dc4a5f98710d97","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562228753214209","authorIdStr":"3562228753214209"},"themes":[],"htmlText":"Good news ","listText":"Good news ","text":"Good news","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/176785456","repostId":"2153477496","repostType":4,"repost":{"id":"2153477496","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1626899252,"share":"https://ttm.financial/m/news/2153477496?lang=&edition=full","pubTime":"2021-07-22 04:27","market":"us","language":"en","title":"Wall Street ends higher, powered by strong earnings, economic cheer","url":"https://stock-news.laohu8.com/highlight/detail?id=2153477496","media":"Reuters","summary":"NEW YORK, July 21 (Reuters) - Wall Street stocks posted their second straight daily gain on Wednesda","content":"<p>NEW YORK, July 21 (Reuters) - Wall Street stocks posted their second straight daily gain on Wednesday, with robust corporate earnings and renewed optimism about the U.S. economic recovery fueling a risk-on rally.</p>\n<p>All three major U.S. stock indexes added to their previous session's advance, placing all three within 1% of their all-time closing highs.</p>\n<p>Economically sensitive smallcaps , semiconductors and financials outperformed the broader market.</p>\n<p>\"It’s a seesaw going on between great earnings and a recovering market and concerns over whether the economy is going to slow down because of the (COVID-19) Delta variant,\" said Peter Tuz, president of Chase Investment Counsel in Charlottesville, Virginia. \"But we’re seeing strong earnings with generally positive guidance, and the feeling that (the Delta variant) can be managed.\"</p>\n<p>A rebound in travel helped fuel United Airlines' revenue beat, boosting its stock by 3.8%.</p>\n<p>The S&P 1500 Airlines index gained 3.3%, while the S&P 1500 Hotels, Restaurant and Leisure index advanced 2.9%.</p>\n<p>\"Earlier in the week those stocks suffered because of renewed fears that travel will slow down and all related industries will suffer, but those fears have gone away,\" Tuz added. \"Demand is continuing as expected, I don’t think the Delta fear is causing people to change their plans.\"</p>\n<p>Benchmark U.S. Treasury yields continued their bounce from five-month lows following a weak 20-year bond auction, which benefited rate-sensitive banks.</p>\n<p>Wrangling in Washington over the passage of a bipartisan $1.2 trillion infrastructure package progressed as Senate Democrats moved toward a planned procedural vote despite Republican appeals for a delay.</p>\n<p>The Dow Jones Industrial Average rose 286.01 points, or 0.83%, to 34,798, the S&P 500 gained 35.63 points, or 0.82%, to 4,358.69 and the Nasdaq Composite added 133.08 points, or 0.92%, to 14,631.95.</p>\n<p>Of the 11 major sectors in the S&P 500, energy stocks</p>\n<p>were the big winners, jumping 3.5% with the help of surging crude prices .</p>\n<p>Second-quarter reporting season has shifted into overdrive, with 73 of the companies in the S&P 500 having posted results. Of those, 88% have beaten consensus expectations.</p>\n<p>Among the winners, Chipotle Mexican Grill jumped 11.5% after the burrito chain beat earnings estimates and forecast strong current-quarter sales growth. The stock boasted the S&P 500's largest percentage gain.</p>\n<p>Coca-Cola rose 1.3% after raising its full-year forecast.</p>\n<p>Interpuplic Group of Companies jumped 11.3% in the wake of its upbeat earnings release.</p>\n<p>Drugmaker Johnson & Johnson forecast $2.5 billion in sales from its <a href=\"https://laohu8.com/S/AONE.U\">one</a>-shot COVID vaccine this year and hiked its sales estimates. It closed up a modest 0.6%.</p>\n<p>On the losing side, Netflix Inc late Tuesday reported slowing subscriber growth, sending its shares down 3.3%, the second-largest percentage loser in the S&P 500.</p>\n<p>Harley-Davidson's second-quarter earnings release showed its turnaround plan appeared to be making progress, but the company lowered its operating income guidance due to tariffs from Europe, its second-biggest market. Its stock dropped 7.2%.</p>\n<p>Texas Instruments dipped more than 3% in extended trading following results posted after the bell.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 2.92-to-1 ratio; on Nasdaq, a 3.21-to-1 ratio favored advancers.</p>\n<p>The S&P 500 posted 38 new 52-week highs and no new lows; the Nasdaq Composite recorded 66 new highs and 34 new lows.</p>\n<p>Volume on U.S. exchanges was 9.13 billion shares, compared with the 10.17 billion average over the last 20 trading days.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street ends higher, powered by strong earnings, economic cheer</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street ends higher, powered by strong earnings, economic cheer\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-07-22 04:27</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>NEW YORK, July 21 (Reuters) - Wall Street stocks posted their second straight daily gain on Wednesday, with robust corporate earnings and renewed optimism about the U.S. economic recovery fueling a risk-on rally.</p>\n<p>All three major U.S. stock indexes added to their previous session's advance, placing all three within 1% of their all-time closing highs.</p>\n<p>Economically sensitive smallcaps , semiconductors and financials outperformed the broader market.</p>\n<p>\"It’s a seesaw going on between great earnings and a recovering market and concerns over whether the economy is going to slow down because of the (COVID-19) Delta variant,\" said Peter Tuz, president of Chase Investment Counsel in Charlottesville, Virginia. \"But we’re seeing strong earnings with generally positive guidance, and the feeling that (the Delta variant) can be managed.\"</p>\n<p>A rebound in travel helped fuel United Airlines' revenue beat, boosting its stock by 3.8%.</p>\n<p>The S&P 1500 Airlines index gained 3.3%, while the S&P 1500 Hotels, Restaurant and Leisure index advanced 2.9%.</p>\n<p>\"Earlier in the week those stocks suffered because of renewed fears that travel will slow down and all related industries will suffer, but those fears have gone away,\" Tuz added. \"Demand is continuing as expected, I don’t think the Delta fear is causing people to change their plans.\"</p>\n<p>Benchmark U.S. Treasury yields continued their bounce from five-month lows following a weak 20-year bond auction, which benefited rate-sensitive banks.</p>\n<p>Wrangling in Washington over the passage of a bipartisan $1.2 trillion infrastructure package progressed as Senate Democrats moved toward a planned procedural vote despite Republican appeals for a delay.</p>\n<p>The Dow Jones Industrial Average rose 286.01 points, or 0.83%, to 34,798, the S&P 500 gained 35.63 points, or 0.82%, to 4,358.69 and the Nasdaq Composite added 133.08 points, or 0.92%, to 14,631.95.</p>\n<p>Of the 11 major sectors in the S&P 500, energy stocks</p>\n<p>were the big winners, jumping 3.5% with the help of surging crude prices .</p>\n<p>Second-quarter reporting season has shifted into overdrive, with 73 of the companies in the S&P 500 having posted results. Of those, 88% have beaten consensus expectations.</p>\n<p>Among the winners, Chipotle Mexican Grill jumped 11.5% after the burrito chain beat earnings estimates and forecast strong current-quarter sales growth. The stock boasted the S&P 500's largest percentage gain.</p>\n<p>Coca-Cola rose 1.3% after raising its full-year forecast.</p>\n<p>Interpuplic Group of Companies jumped 11.3% in the wake of its upbeat earnings release.</p>\n<p>Drugmaker Johnson & Johnson forecast $2.5 billion in sales from its <a href=\"https://laohu8.com/S/AONE.U\">one</a>-shot COVID vaccine this year and hiked its sales estimates. It closed up a modest 0.6%.</p>\n<p>On the losing side, Netflix Inc late Tuesday reported slowing subscriber growth, sending its shares down 3.3%, the second-largest percentage loser in the S&P 500.</p>\n<p>Harley-Davidson's second-quarter earnings release showed its turnaround plan appeared to be making progress, but the company lowered its operating income guidance due to tariffs from Europe, its second-biggest market. Its stock dropped 7.2%.</p>\n<p>Texas Instruments dipped more than 3% in extended trading following results posted after the bell.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 2.92-to-1 ratio; on Nasdaq, a 3.21-to-1 ratio favored advancers.</p>\n<p>The S&P 500 posted 38 new 52-week highs and no new lows; the Nasdaq Composite recorded 66 new highs and 34 new lows.</p>\n<p>Volume on U.S. exchanges was 9.13 billion shares, compared with the 10.17 billion average over the last 20 trading days.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2153477496","content_text":"NEW YORK, July 21 (Reuters) - Wall Street stocks posted their second straight daily gain on Wednesday, with robust corporate earnings and renewed optimism about the U.S. economic recovery fueling a risk-on rally.\nAll three major U.S. stock indexes added to their previous session's advance, placing all three within 1% of their all-time closing highs.\nEconomically sensitive smallcaps , semiconductors and financials outperformed the broader market.\n\"It’s a seesaw going on between great earnings and a recovering market and concerns over whether the economy is going to slow down because of the (COVID-19) Delta variant,\" said Peter Tuz, president of Chase Investment Counsel in Charlottesville, Virginia. \"But we’re seeing strong earnings with generally positive guidance, and the feeling that (the Delta variant) can be managed.\"\nA rebound in travel helped fuel United Airlines' revenue beat, boosting its stock by 3.8%.\nThe S&P 1500 Airlines index gained 3.3%, while the S&P 1500 Hotels, Restaurant and Leisure index advanced 2.9%.\n\"Earlier in the week those stocks suffered because of renewed fears that travel will slow down and all related industries will suffer, but those fears have gone away,\" Tuz added. \"Demand is continuing as expected, I don’t think the Delta fear is causing people to change their plans.\"\nBenchmark U.S. Treasury yields continued their bounce from five-month lows following a weak 20-year bond auction, which benefited rate-sensitive banks.\nWrangling in Washington over the passage of a bipartisan $1.2 trillion infrastructure package progressed as Senate Democrats moved toward a planned procedural vote despite Republican appeals for a delay.\nThe Dow Jones Industrial Average rose 286.01 points, or 0.83%, to 34,798, the S&P 500 gained 35.63 points, or 0.82%, to 4,358.69 and the Nasdaq Composite added 133.08 points, or 0.92%, to 14,631.95.\nOf the 11 major sectors in the S&P 500, energy stocks\nwere the big winners, jumping 3.5% with the help of surging crude prices .\nSecond-quarter reporting season has shifted into overdrive, with 73 of the companies in the S&P 500 having posted results. Of those, 88% have beaten consensus expectations.\nAmong the winners, Chipotle Mexican Grill jumped 11.5% after the burrito chain beat earnings estimates and forecast strong current-quarter sales growth. The stock boasted the S&P 500's largest percentage gain.\nCoca-Cola rose 1.3% after raising its full-year forecast.\nInterpuplic Group of Companies jumped 11.3% in the wake of its upbeat earnings release.\nDrugmaker Johnson & Johnson forecast $2.5 billion in sales from its one-shot COVID vaccine this year and hiked its sales estimates. It closed up a modest 0.6%.\nOn the losing side, Netflix Inc late Tuesday reported slowing subscriber growth, sending its shares down 3.3%, the second-largest percentage loser in the S&P 500.\nHarley-Davidson's second-quarter earnings release showed its turnaround plan appeared to be making progress, but the company lowered its operating income guidance due to tariffs from Europe, its second-biggest market. Its stock dropped 7.2%.\nTexas Instruments dipped more than 3% in extended trading following results posted after the bell.\nAdvancing issues outnumbered declining ones on the NYSE by a 2.92-to-1 ratio; on Nasdaq, a 3.21-to-1 ratio favored advancers.\nThe S&P 500 posted 38 new 52-week highs and no new lows; the Nasdaq Composite recorded 66 new highs and 34 new lows.\nVolume on U.S. exchanges was 9.13 billion shares, compared with the 10.17 billion average over the last 20 trading days.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":946,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":false}