$138 billion from China’s shadow bank spirals into a terrible time for Xi
(Bloomberg) – Zhongzhi Enterprise Group Co., Ltd. In 1995 as a timber company, it has grown into a financial conglomerate with more than 1 trillion yuan ($138…
Buffett’s Berkshire Hathaway unveils new homebuilding bets with stakes of DR Horton, Lennar and NVR
Warren Buffett’s Berkshire Hathaway (BRK-A, BRK-B) revealed new positions in three US homebuilders on Monday, sending shares of each firm higher as the billionaire bets on the…