Stock market boom, new listings mint China billionaires at record pace.

China is actually minting new billionaires at a record speed despite an economy bruised by the coronavirus pandemic, thanks to booming a spate and share prices of different stock listings, according to a summary released on Tuesday. The Hurun China Rich List 2020 also highlights China’s accelerated shift away from…

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Dow rises for the first time of four days, jumps 250 points after huge beat on September retail sales Stocks rose on Friday, boosted by powerful U.S. retail sales details as Wall Street attempted to click a three day losing streak. The Dow Jones Industrial Average traded 242 points higher,…