AFP Asia Business
End of golden era for Chinese investors in Bordeaux wine
After over a decade of snapping up Bordeaux wine estates, buying into a dream of elegant living in France and good earnings in their home market, many Chinese investors are now selling up.Capital controls back home, softening Asian demand for wine and the underestimated costs of running French estates have combined to push the once-enthusiastic buyers from …
End of golden era for Chinese investors in Bordeaux wine Read More »
Stock markets diverge going into weekend
Global stock markets diverged Friday in an end to a week’s trading dominated by earnings updates and angst over rising bond yields amid US election uncertainty.Wall Street stocks finished the day mixed, with the Nasdaq pressing higher and the Dow pulling back.Besides the neck-and-neck US election, investors are looking ahead to major economic data next …