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2021-06-27

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Biden reiterates support for bipartisan infrastructure plan, clarifies he did not issue veto threat

2021-06-22

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These 3 Dow Stocks Are Set to Soar in 2021's Second Half

2021-06-21

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2021-06-21

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Naspers offshoot Prosus reports earnings boost from Tencent stake

2021-06-21

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China deposit rate reform to have limited impact - industry body

2021-06-21

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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>Biden reiterates support for bipartisan infrastructure plan, clarifies he did not issue veto threat</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\">\nBiden reiterates support for bipartisan infrastructure plan, clarifies he did not issue veto threat\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-27 08:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/26/biden-reiterates-support-for-bipartisan-infrastructure-plan-did-not-threaten-veto.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nPresident Joe Biden on Saturday said he doesn't plan to veto the bipartisan infrastructure bill if it comes without a reconciliation package.\nThe president's statement walks back a ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/26/biden-reiterates-support-for-bipartisan-infrastructure-plan-did-not-threaten-veto.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.cnbc.com/2021/06/26/biden-reiterates-support-for-bipartisan-infrastructure-plan-did-not-threaten-veto.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1110293570","content_text":"KEY POINTS\n\nPresident Joe Biden on Saturday said he doesn't plan to veto the bipartisan infrastructure bill if it comes without a reconciliation package.\nThe president's statement walks back a declaration last week that he would refuse to sign the bipartisan legislation unless the two bills came in tandem.\n\"That statement understandably upset some Republicans, who do not see the two plans as linked,\" the president said in a statement.\n\nPresident Joe Biden on Saturday said he doesn't plan to veto a bipartisan infrastructure bill if it comes without a reconciliation package, walking back a declaration last week that he would refuse to sign it unless the two bills came in tandem.\nThe comment angered some Republican lawmakers, including Senate Minority Leader Mitch McConnell, who said the president was threatening to veto the bipartisan deal in remarks on the Senate floor on Thursday.\n\"That statement understandably upset some Republicans, who do not see the two plans as linked,\" the president said in a statement.\n\"My comments also created the impression that I was issuing a veto threat on the very plan I had just agreed to, which was certainly not my intent,\" the president said.\nA bipartisan group of lawmakers closed a deal on an infrastructure initiative Thursday following weeks of negotiations to craft a package that could get through Congress with Republican and Democratic support. The framework will include $579 billion in new spending to improve the country's roads, bridges and broadband.\nThe second bill would include funding for Democrat-backed issues like climate change, childcare, health care and education, issues that administration officials have called \"human infrastructure.\" It would be passed through a Senate process called reconciliation, which doesn't require Republican votes.\nHouse Speaker Nancy Pelosi, D-Calif., on Thursday morning said the House would not take up either piece of legislation until both are passed through the Senate. Democrats can't lose a single vote on a reconciliation bill in the evenly split chamber.\nBiden said he will ask Senate Majority Leader Chuck Schumer, D-N.Y., to schedule the infrastructure plan and the reconciliation bill for action in the Senate and expects them both to go to the House.\n\"Ultimately, I am confident that Congress will get both to my desk, so I can sign each bill promptly,\" Biden said.\nRead the president's full statement here:\nOn Thursday, I reached a historic agreement with a bipartisan group of Senators on a $1.2 trillion plan to transform our physical infrastructure. The plan would make the largest investment in infrastructure in history, the biggest investment in rail since the creation of Amtrak, and the largest investment in transit ever. It would fix roads and bridges, make critical investments in our clean energy future, and help this country compete with China and other economic rivals. It would replace lead water pipes in our schools and houses, and connect every American to high-speed internet. It would create millions of high-paying jobs that could not be outsourced.\nIn the days since, the primary focus in Washington has not been about the Plan's scope, scale or provisions—but rather, how it relates to other legislation before Congress: my American Families Plan. The American Families Plan—which would make historic investments in education, health care, child care, and tax cuts for families, coupled with other investments in care for our seniors, housing, and clean energy—has broad support with the American people, but not among Republicans in Congress.\nI have been clear from the start that it was my hope that the infrastructure plan could be one that Democrats and Republicans would work on together, while I would seek to pass my Families Plan and other provisions through the process known as reconciliation. There has been no doubt or ambiguity about my intention to proceed this way.\nAt a press conference after announcing the bipartisan agreement, I indicated that I would refuse to sign the infrastructure bill if it was sent to me without my Families Plan and other priorities, including clean energy. That statement understandably upset some Republicans, who do not see the two plans as linked; they are hoping to defeat my Families Plan—and do not want their support for the infrastructure plan to be seen as aiding passage of the Families Plan.\nMy comments also created the impression that I was issuing a veto threat on the very plan I had just agreed to, which was certainly not my intent. So to be clear: our bipartisan agreement does not preclude Republicans from attempting to defeat my Families Plan; likewise, they should have no objections to my devoted efforts to pass that Families Plan and other proposals in tandem. We will let the American people—and the Congress—decide.\nThe bottom line is this: I gave my word to support the Infrastructure Plan, and that's what I intend to do. I intend to pursue the passage of that plan, which Democrats and Republicans agreed to on Thursday, with vigor. It would be good for the economy, good for our country, good for our people. I fully stand behind it without reservation or hesitation.\nSome other Democrats have said they might oppose the Infrastructure Plan because it omits items they think are important: that is a mistake, in my view. Some Republicans now say that they might oppose the infrastructure plan because I am also trying to pass the American Families Plan: that is also a mistake, in my view. I intend to work hard to get both of them passed, because our country needs both—and I ran a winning campaign for President that promised to deliver on both. No one should be surprised that that is precisely what I am doing.\nI will ask Leader Schumer to schedule both the infrastructure plan and the reconciliation bill for action in the Senate. I expect both to go to the House, where I will work with Speaker Pelosi on the path forward after Senate action. Ultimately, I am confident that Congress will get both to my desk, so I can sign each bill promptly.","news_type":1},"isVote":1,"tweetType":1,"viewCount":524,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":129508125,"gmtCreate":1624376034067,"gmtModify":1703834964423,"author":{"id":"3586928657361065","authorId":"3586928657361065","authorIdStr":"3586928657361065","name":"Jiaqi25","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586928657361065"},"themes":[],"htmlText":"nice","listText":"nice","text":"nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/129508125","repostId":"2145056554","repostType":4,"repost":{"id":"2145056554","pubTimestamp":1624356900,"share":"https://ttm.financial/m/news/2145056554?lang=&edition=fundamental","pubTime":"2021-06-22 18:15","market":"us","language":"en","title":"These 3 Dow Stocks Are Set to Soar in 2021's Second Half","url":"https://stock-news.laohu8.com/highlight/detail?id=2145056554","media":"Motley Fool","summary":"Here are the companies investors are most excited about -- and why.","content":"<p>The <b>Dow Jones Industrial Average </b>(DJINDICES:^DJI) has had a solid year so far in 2021. Gains of 9% might not seem like all that much compared to the double-digit percentage gains we've seen in past years. But given everything that's happening in the economy, it's not surprising to see investors rein in their expectations somewhat on some of the top-performing stocks in the market.</p>\n<p>Yet even with the gains the overall market has seen, there are still some Dow stocks that haven't climbed as far as they might. In particular, analysts looking at three stocks among the Dow Jones Industrials see the potential for substantial gains in the second half of 2021 and beyond. Below, we'll look at these three companies to see what it'll take for them to produce the big returns that investors want right now.</p>\n<h3>UnitedHealth: 34% upside</h3>\n<p><b>UnitedHealth Group </b>(NYSE:UNH) has already put in a reasonable performance in the Dow so far this year. The health insurance giant's stock is up about 11% year to date, outpacing the broader average very slightly.</p>\n<p>Yet investors see a lot more upside for the healthcare giant. The top price target among Wall Street analysts for UnitedHealth is $522 per share, which implies roughly a 34% gain from current levels.</p>\n<p>UnitedHealth has done an excellent job of navigating the ever-changing landscape of the healthcare and health insurance industries. As the largest health insurance company in the world, UnitedHealth offers coverage not just for private businesses but also for those eligible for government programs like Medicare and Medicaid.</p>\n<p>Indeed, UnitedHealth's handling of plans under the Affordable Care Act has been masterful, with the company having participated in the program better known as Obamacare while not overcommitting to it. With the Supreme Court having recently upheld the validity of the Affordable Care Act, UnitedHealth finds itself in a strong position to keep benefiting from its mix of business.</p>\n<p><img src=\"https://static.tigerbbs.com/ffe66b7aafd67e07dd42007f2b60d638\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<p>Yet many overlook the value of UnitedHealth's Optum health services unit. By aiming to help providers encourage health and wellness, Optum generates higher-margin revenue while often producing better outcomes for patients and members. With both growth drivers pushing the company forward, UnitedHealth looks well poised to keep climbing.</p>\n<h3>Goldman Sachs: 36% upside</h3>\n<p>Wall Street has enjoyed the bull market in stocks, and that's been a blessing for investment bank <b>Goldman Sachs </b>(NYSE:GS). The perennial financial giant has seen its stock rise 34% so far in 2021 after less impressive performance during 2020.</p>\n<p>On <a href=\"https://laohu8.com/S/AONE\">one</a> hand, Goldman has reflected the broader performance of financial stocks across the market. Interest rates have generally been on the rise, and that's bolstered the prospects for more net-interest income from retail banking operations. Goldman lags behind its big-bank peers on the consumer banking front, but its relatively new Marcus unit has done a good job of attracting capital thus far.</p>\n<p>On the other hand, Goldman continues to rely on its investment banking operations, and strong activity levels among initial public offerings and mergers and acquisitions (M&amp;A) have fed the company's coffers nicely. Financing remains relatively easy to get, and that could spur more M&amp;A activity that in turn could keep growing revenue for Goldman's investment banking division. Add to that possible tailwinds from macroeconomic factors, and it is in a solid position to climb as high as the $484 per share that represents the top price target among those following the financial stock.</p>\n<h3>Apple: 42% upside</h3>\n<p>Lastly, <b>Apple </b>(NASDAQ:AAPL) rounds out this list. Recently fetching $130 per share, some see the iPhone maker's stock climbing to $185. That'd be a 42% jump to help Apple recover from its 2% loss so far in 2021.</p>\n<p>Apple's gains have continued to impress. Revenue jumped 54% in its most recent quarter, with sales of the iPhone 12 and various other products and accessories continuing to drive sales for the company. Returning capital to shareholders via dividends and stock buybacks has had a substantial impact on financial performance, especially with the number of outstanding shares having plunged by roughly 35% in just the past decade.</p>\n<p>Many fear that Apple hasn't generated the innovative product lines that drove its success in the mid-2000s. However, at least for now, consumers seem content with iterations on existing product lines, and as long as that remains a successful strategy, further gains for the stock seem realistic.</p>\n<h3>Further to run?</h3>\n<p>Even with solid gains for the Dow in 2021, the long-term trajectory for stocks remains upward. That's a big part of why Apple, Goldman Sachs, and UnitedHealth Group look as promising as they do. Smart investors should at least keep an eye on these three stocks to see if they can live up to their full potential.</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>These 3 Dow Stocks Are Set to Soar in 2021's Second Half</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\">\nThese 3 Dow Stocks Are Set to Soar in 2021's Second Half\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-22 18:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/22/these-3-dow-stocks-set-to-soar-2021s-second-half/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Dow Jones Industrial Average (DJINDICES:^DJI) has had a solid year so far in 2021. Gains of 9% might not seem like all that much compared to the double-digit percentage gains we've seen in past ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/22/these-3-dow-stocks-set-to-soar-2021s-second-half/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GS":"高盛","09086":"华夏纳指-U","AAPL":"苹果","UNH":"联合健康","03086":"华夏纳指"},"source_url":"https://www.fool.com/investing/2021/06/22/these-3-dow-stocks-set-to-soar-2021s-second-half/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2145056554","content_text":"The Dow Jones Industrial Average (DJINDICES:^DJI) has had a solid year so far in 2021. Gains of 9% might not seem like all that much compared to the double-digit percentage gains we've seen in past years. But given everything that's happening in the economy, it's not surprising to see investors rein in their expectations somewhat on some of the top-performing stocks in the market.\nYet even with the gains the overall market has seen, there are still some Dow stocks that haven't climbed as far as they might. In particular, analysts looking at three stocks among the Dow Jones Industrials see the potential for substantial gains in the second half of 2021 and beyond. Below, we'll look at these three companies to see what it'll take for them to produce the big returns that investors want right now.\nUnitedHealth: 34% upside\nUnitedHealth Group (NYSE:UNH) has already put in a reasonable performance in the Dow so far this year. The health insurance giant's stock is up about 11% year to date, outpacing the broader average very slightly.\nYet investors see a lot more upside for the healthcare giant. The top price target among Wall Street analysts for UnitedHealth is $522 per share, which implies roughly a 34% gain from current levels.\nUnitedHealth has done an excellent job of navigating the ever-changing landscape of the healthcare and health insurance industries. As the largest health insurance company in the world, UnitedHealth offers coverage not just for private businesses but also for those eligible for government programs like Medicare and Medicaid.\nIndeed, UnitedHealth's handling of plans under the Affordable Care Act has been masterful, with the company having participated in the program better known as Obamacare while not overcommitting to it. With the Supreme Court having recently upheld the validity of the Affordable Care Act, UnitedHealth finds itself in a strong position to keep benefiting from its mix of business.\n\nImage source: Getty Images.\nYet many overlook the value of UnitedHealth's Optum health services unit. By aiming to help providers encourage health and wellness, Optum generates higher-margin revenue while often producing better outcomes for patients and members. With both growth drivers pushing the company forward, UnitedHealth looks well poised to keep climbing.\nGoldman Sachs: 36% upside\nWall Street has enjoyed the bull market in stocks, and that's been a blessing for investment bank Goldman Sachs (NYSE:GS). The perennial financial giant has seen its stock rise 34% so far in 2021 after less impressive performance during 2020.\nOn one hand, Goldman has reflected the broader performance of financial stocks across the market. Interest rates have generally been on the rise, and that's bolstered the prospects for more net-interest income from retail banking operations. Goldman lags behind its big-bank peers on the consumer banking front, but its relatively new Marcus unit has done a good job of attracting capital thus far.\nOn the other hand, Goldman continues to rely on its investment banking operations, and strong activity levels among initial public offerings and mergers and acquisitions (M&A) have fed the company's coffers nicely. Financing remains relatively easy to get, and that could spur more M&A activity that in turn could keep growing revenue for Goldman's investment banking division. Add to that possible tailwinds from macroeconomic factors, and it is in a solid position to climb as high as the $484 per share that represents the top price target among those following the financial stock.\nApple: 42% upside\nLastly, Apple (NASDAQ:AAPL) rounds out this list. Recently fetching $130 per share, some see the iPhone maker's stock climbing to $185. That'd be a 42% jump to help Apple recover from its 2% loss so far in 2021.\nApple's gains have continued to impress. Revenue jumped 54% in its most recent quarter, with sales of the iPhone 12 and various other products and accessories continuing to drive sales for the company. Returning capital to shareholders via dividends and stock buybacks has had a substantial impact on financial performance, especially with the number of outstanding shares having plunged by roughly 35% in just the past decade.\nMany fear that Apple hasn't generated the innovative product lines that drove its success in the mid-2000s. However, at least for now, consumers seem content with iterations on existing product lines, and as long as that remains a successful strategy, further gains for the stock seem realistic.\nFurther to run?\nEven with solid gains for the Dow in 2021, the long-term trajectory for stocks remains upward. That's a big part of why Apple, Goldman Sachs, and UnitedHealth Group look as promising as they do. Smart investors should at least keep an eye on these three stocks to see if they can live up to their full potential.","news_type":1},"isVote":1,"tweetType":1,"viewCount":475,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167639424,"gmtCreate":1624263965768,"gmtModify":1703831888350,"author":{"id":"3586928657361065","authorId":"3586928657361065","authorIdStr":"3586928657361065","name":"Jiaqi25","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586928657361065"},"themes":[],"htmlText":"Thank you for the info","listText":"Thank you for the info","text":"Thank you for the info","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/167639424","repostId":"1125265238","repostType":4,"isVote":1,"tweetType":1,"viewCount":160,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167639860,"gmtCreate":1624263938550,"gmtModify":1703831887690,"author":{"id":"3586928657361065","authorId":"3586928657361065","authorIdStr":"3586928657361065","name":"Jiaqi25","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586928657361065"},"themes":[],"htmlText":"Thank you for the info","listText":"Thank you for the info","text":"Thank you for the info","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/167639860","repostId":"2145856520","repostType":4,"repost":{"id":"2145856520","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":1624257759,"share":"https://ttm.financial/m/news/2145856520?lang=&edition=fundamental","pubTime":"2021-06-21 14:42","market":"us","language":"en","title":"Naspers offshoot Prosus reports earnings boost from Tencent stake","url":"https://stock-news.laohu8.com/highlight/detail?id=2145856520","media":"Reuters","summary":"AMSTERDAM/JOHANNESBURG, June 21 (Reuters) - Prosus NV, the international investment arm of South Afr","content":"<p>AMSTERDAM/JOHANNESBURG, June 21 (Reuters) - <a href=\"https://laohu8.com/S/PROSF\">Prosus NV</a>, the international investment arm of South Africa's Naspers , reported a better than expected net profit of $7.45 billion for 2021 on Monday, driven by strong returns from its big stake in Chinese software giant Tencent.</p>\n<p>However, the company reported an operating loss of $1.04 billion at the companies it owns around the globe in online marketplaces, food delivery and educational software.</p>\n<p>Analysts had seen net profit at $4.63 billion for the 12 months ended March 31, up from $3.66 billion in the same period a year earlier, according to Refinitiv data. Prosus owns 28.9% of Tencent and is itself controlled by Naspers, Africa's biggest company by market capitalisation.</p>\n<p>Of net profit, $7.1 billion came from minority investments, dominated by the contribution from Tencent, which grew profit by 33%.</p>\n<p>Prosus said its operating loss was due to higher employee expenses, and that its businesses had performed well amid the coronavirus pandemic.</p>\n<p>It pointed a 54% increase in revenue in companies that it consolidates, to $5.1 billion from $3.3 billion.</p>\n<p>\"During the period, we accelerated revenue growth, improved profitability and cash generation, and grew customer numbers,\" the company said in a statement.</p>\n<p>Prosus’ parent Naspers reported a 24% rise in reported core headline earnings per share - the main gauge of corporate profit in South Africa - of 814 U.S. cents, up from 656 cents reported for the same period a year earlier.</p>\n<p>Naspers currently owns 73% of Prosus. The companies are seeking shareholder support to move to a cross-holding structure that would shift the bulk of their assets to Amsterdam while leaving Naspers in control.</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>Naspers offshoot Prosus reports earnings boost from Tencent stake</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\">\nNaspers offshoot Prosus reports earnings boost from Tencent stake\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\">2021-06-21 14:42</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>AMSTERDAM/JOHANNESBURG, June 21 (Reuters) - <a href=\"https://laohu8.com/S/PROSF\">Prosus NV</a>, the international investment arm of South Africa's Naspers , reported a better than expected net profit of $7.45 billion for 2021 on Monday, driven by strong returns from its big stake in Chinese software giant Tencent.</p>\n<p>However, the company reported an operating loss of $1.04 billion at the companies it owns around the globe in online marketplaces, food delivery and educational software.</p>\n<p>Analysts had seen net profit at $4.63 billion for the 12 months ended March 31, up from $3.66 billion in the same period a year earlier, according to Refinitiv data. Prosus owns 28.9% of Tencent and is itself controlled by Naspers, Africa's biggest company by market capitalisation.</p>\n<p>Of net profit, $7.1 billion came from minority investments, dominated by the contribution from Tencent, which grew profit by 33%.</p>\n<p>Prosus said its operating loss was due to higher employee expenses, and that its businesses had performed well amid the coronavirus pandemic.</p>\n<p>It pointed a 54% increase in revenue in companies that it consolidates, to $5.1 billion from $3.3 billion.</p>\n<p>\"During the period, we accelerated revenue growth, improved profitability and cash generation, and grew customer numbers,\" the company said in a statement.</p>\n<p>Prosus’ parent Naspers reported a 24% rise in reported core headline earnings per share - the main gauge of corporate profit in South Africa - of 814 U.S. cents, up from 656 cents reported for the same period a year earlier.</p>\n<p>Naspers currently owns 73% of Prosus. The companies are seeking shareholder support to move to a cross-holding structure that would shift the bulk of their assets to Amsterdam while leaving Naspers in control.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"00700":"腾讯控股","NPSNY":"Naspers(腾讯南非大股东)","TCEHY":"腾讯控股ADR"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2145856520","content_text":"AMSTERDAM/JOHANNESBURG, June 21 (Reuters) - Prosus NV, the international investment arm of South Africa's Naspers , reported a better than expected net profit of $7.45 billion for 2021 on Monday, driven by strong returns from its big stake in Chinese software giant Tencent.\nHowever, the company reported an operating loss of $1.04 billion at the companies it owns around the globe in online marketplaces, food delivery and educational software.\nAnalysts had seen net profit at $4.63 billion for the 12 months ended March 31, up from $3.66 billion in the same period a year earlier, according to Refinitiv data. Prosus owns 28.9% of Tencent and is itself controlled by Naspers, Africa's biggest company by market capitalisation.\nOf net profit, $7.1 billion came from minority investments, dominated by the contribution from Tencent, which grew profit by 33%.\nProsus said its operating loss was due to higher employee expenses, and that its businesses had performed well amid the coronavirus pandemic.\nIt pointed a 54% increase in revenue in companies that it consolidates, to $5.1 billion from $3.3 billion.\n\"During the period, we accelerated revenue growth, improved profitability and cash generation, and grew customer numbers,\" the company said in a statement.\nProsus’ parent Naspers reported a 24% rise in reported core headline earnings per share - the main gauge of corporate profit in South Africa - of 814 U.S. cents, up from 656 cents reported for the same period a year earlier.\nNaspers currently owns 73% of Prosus. The companies are seeking shareholder support to move to a cross-holding structure that would shift the bulk of their assets to Amsterdam while leaving Naspers in control.","news_type":1},"isVote":1,"tweetType":1,"viewCount":258,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167697408,"gmtCreate":1624263878404,"gmtModify":1703831885211,"author":{"id":"3586928657361065","authorId":"3586928657361065","authorIdStr":"3586928657361065","name":"Jiaqi25","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586928657361065"},"themes":[],"htmlText":"Nice info","listText":"Nice info","text":"Nice info","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/167697408","repostId":"2145083294","repostType":4,"repost":{"id":"2145083294","pubTimestamp":1624256400,"share":"https://ttm.financial/m/news/2145083294?lang=&edition=fundamental","pubTime":"2021-06-21 14:20","market":"sh","language":"en","title":"China deposit rate reform to have limited impact - industry body","url":"https://stock-news.laohu8.com/highlight/detail?id=2145083294","media":"StreetInsider","summary":"BEIJING (Reuters) - China's reforms to the way banks calculate deposit rates will have only a limite","content":"<p>BEIJING (Reuters) - China's reforms to the way banks calculate deposit rates will have only a limited impact on financial institutions and depositors, and banks do not need to sharply adjust deposit rates, an industry body overseeing rates said on Monday.</p>\n<p>The body said the previous practice of multiplying the benchmark rate helped push up long-term rates and led to competition among banks to lure deposits by raising rates or unveiling innovative products.</p>\n<p>From Monday, June 21, China will allow banks to set ceilings on deposit rates by adding basis points to the benchmark rate, a shift from the previous practice of multiplying the benchmark rate, the Self-Disciplinary Mechanism for the Pricing of Market-Oriented Interest Rates said.</p>\n<p>Ceilings on banks' deposit rates with maturities of more than <a href=\"https://laohu8.com/S/AONE\">one</a> year have declined following the reforms, while ceilings on banks' time deposit rates with maturities of six months or less have risen, according to the body, which is supervised by the People's Bank of China (PBOC).</p>\n<p>Sources have told Reuters that China plans to reform the way banks calculate deposit rates, setting new ceilings of up to 75 basis points above the benchmark rate for some lenders.</p>\n<p>All banks will be allowed to add up to 20 basis points (bps) to the benchmark rate on demand deposits and small Chinese banks and foreign banks will be permitted to add up to 75 bps to the benchmark rate on time deposit rates, the sources said.</p>\n<p>A reasonable margin between deposit rates of small- and medium-sized banks and those of state-owned banks will be conducive to maintaining the current relatively balanced market competition environment, the industry body said.</p>\n<p>In October 2015, the PBOC scrapped the ceiling on bank deposit rates, which are still constrained by its window guidance and pricing mechanism. The PBOC has kept the benchmark deposit rate unchanged at 1.5% since then.</p>\n<p>Some Shenzhen banks have lowered their deposit rates, said the Shenzhen Special Zone Daily on Monday, following interest rate reform meetings held in Beijing. The paper cited unnamed sources.</p>","source":"highlight_streetinsider","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 deposit rate reform to have limited impact - industry body</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 deposit rate reform to have limited impact - industry body\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-21 14:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18579361><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>BEIJING (Reuters) - China's reforms to the way banks calculate deposit rates will have only a limited impact on financial institutions and depositors, and banks do not need to sharply adjust deposit ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18579361\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CAAS":"中汽系统"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18579361","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2145083294","content_text":"BEIJING (Reuters) - China's reforms to the way banks calculate deposit rates will have only a limited impact on financial institutions and depositors, and banks do not need to sharply adjust deposit rates, an industry body overseeing rates said on Monday.\nThe body said the previous practice of multiplying the benchmark rate helped push up long-term rates and led to competition among banks to lure deposits by raising rates or unveiling innovative products.\nFrom Monday, June 21, China will allow banks to set ceilings on deposit rates by adding basis points to the benchmark rate, a shift from the previous practice of multiplying the benchmark rate, the Self-Disciplinary Mechanism for the Pricing of Market-Oriented Interest Rates said.\nCeilings on banks' deposit rates with maturities of more than one year have declined following the reforms, while ceilings on banks' time deposit rates with maturities of six months or less have risen, according to the body, which is supervised by the People's Bank of China (PBOC).\nSources have told Reuters that China plans to reform the way banks calculate deposit rates, setting new ceilings of up to 75 basis points above the benchmark rate for some lenders.\nAll banks will be allowed to add up to 20 basis points (bps) to the benchmark rate on demand deposits and small Chinese banks and foreign banks will be permitted to add up to 75 bps to the benchmark rate on time deposit rates, the sources said.\nA reasonable margin between deposit rates of small- and medium-sized banks and those of state-owned banks will be conducive to maintaining the current relatively balanced market competition environment, the industry body said.\nIn October 2015, the PBOC scrapped the ceiling on bank deposit rates, which are still constrained by its window guidance and pricing mechanism. The PBOC has kept the benchmark deposit rate unchanged at 1.5% since then.\nSome Shenzhen banks have lowered their deposit rates, said the Shenzhen Special Zone Daily on Monday, following interest rate reform meetings held in Beijing. The paper cited unnamed sources.","news_type":1},"isVote":1,"tweetType":1,"viewCount":273,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167697609,"gmtCreate":1624263864501,"gmtModify":1703831884557,"author":{"id":"3586928657361065","authorId":"3586928657361065","authorIdStr":"3586928657361065","name":"Jiaqi25","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586928657361065"},"themes":[],"htmlText":"Wow nice info","listText":"Wow nice info","text":"Wow nice info","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/167697609","repostId":"2144706863","repostType":4,"isVote":1,"tweetType":1,"viewCount":247,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":129508125,"gmtCreate":1624376034067,"gmtModify":1703834964423,"author":{"id":"3586928657361065","authorId":"3586928657361065","authorIdStr":"3586928657361065","name":"Jiaqi25","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586928657361065"},"themes":[],"htmlText":"nice","listText":"nice","text":"nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/129508125","repostId":"2145056554","repostType":4,"isVote":1,"tweetType":1,"viewCount":475,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167639424,"gmtCreate":1624263965768,"gmtModify":1703831888350,"author":{"id":"3586928657361065","authorId":"3586928657361065","authorIdStr":"3586928657361065","name":"Jiaqi25","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586928657361065"},"themes":[],"htmlText":"Thank you for the info","listText":"Thank you for the info","text":"Thank you for the info","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/167639424","repostId":"1125265238","repostType":4,"repost":{"id":"1125265238","pubTimestamp":1624253757,"share":"https://ttm.financial/m/news/1125265238?lang=&edition=fundamental","pubTime":"2021-06-21 13:35","market":"other","language":"en","title":"Japanese Stocks Slump as Hawkish Fed Damps Cyclical Appeal","url":"https://stock-news.laohu8.com/highlight/detail?id=1125265238","media":"Bloomberg","summary":"Japanese stocks were on track for their worst decline in almost four months, extending losses from l","content":"<p>Japanese stocks were on track for their worst decline in almost four months, extending losses from late last week as hawkish comments from the U.S. Federal Reserve crushed the reflation trade that had driven the market earlier this year.</p>\n<p>Uniqlo operator Fast Retailing Co. and chip-equipment maker Tokyo Electron Ltd. were the largest contributors to a loss in the Nikkei 225 Stock Average, which tumbled as much as 4% in its fourth day of declines. Electronics and chemicals makers were the biggest drags on the broader Topix, which was down 2.8% as of 12:25 p.m. local time, with all of its 33 industry groups in the red.</p>\n<p><img src=\"https://static.tigerbbs.com/3f551a5be146d0951b1819a52f665862\" tg-width=\"930\" tg-height=\"523\" referrerpolicy=\"no-referrer\"></p>\n<p>U.S. stocks and long-term Treasury yields dropped Friday on the prospect of a less accommodative U.S. monetary policy. Inflation risks may warrant the start of interest rate hikes next year, St. Louis Fed President James Bullardsaidin an interview on CNBC. That pointed to the possibility of an even earlier liftoff than indicated in the central bank’s comments days before.</p>\n<p>“Yields are falling in a risk-off environment, so of course, cyclical and value stocks will be sold,” said Shogo Maekawa, a strategist at JP Morgan Asset Management in Tokyo. “If monetary tightening takes place earlier than expected, it may be bad for the business cycle in the long term, while lowering expectations over inflation.”</p>\n<p><img src=\"https://static.tigerbbs.com/2742355d92ad7069cb9aa2d9ff085ab9\" tg-width=\"930\" tg-height=\"523\" referrerpolicy=\"no-referrer\"></p>\n<p>The Nikkei 225 surged 82% from its pandemic-selloff low to a 30-year high in February, as investors rushed into cyclical-heavy Japanese stocks amid expectations for economic reopenings. The blue-chip gauge has shed more than 8% since that peak amid concerns including the nation’s late vaccination drive and murky prospects for the Tokyo Olympics this summer.</p>\n<p>“Given the Japanese markets had been lacking a domestic catalyst and been hostage to global markets, it’s no surprise to see investors taking profits or cutting losses,” said Takeo Kamai, the head of execution services at CLSA Securities Japan Co. “However, given the Nikkei was still at amulti-year high and valuations weren’t necessarily cheap, this correction may be healthy.”</p>\n<p>Tokyo Electron has been the biggest driver of gains in the Nikkei this year amid benefits from ongoing tight semiconductor supply conditions. With the nation’s pace of vaccines finally shifting into high gear and plans for the Olympics pressing forward, investors have recently been shifting into reopening plays such as railway and retail stocks.</p>\n<p>Given the size of the declines Monday, the market will be watching in the afternoon for any possible action by the Bank of Japan to support the market. The BOJ had helped power Japanese stocks with purchases of exchange traded funds butdidn’t buy anyin May, its first full-month absence from the market since the program started in 2013.</p>","source":"lsy1584095487587","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>Japanese Stocks Slump as Hawkish Fed Damps Cyclical Appeal</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\">\nJapanese Stocks Slump as Hawkish Fed Damps Cyclical Appeal\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-21 13:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-06-21/japan-s-nikkei-225-slides-3-on-concern-over-interest-rates><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Japanese stocks were on track for their worst decline in almost four months, extending losses from late last week as hawkish comments from the U.S. Federal Reserve crushed the reflation trade that had...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-21/japan-s-nikkei-225-slides-3-on-concern-over-interest-rates\">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.bloomberg.com/news/articles/2021-06-21/japan-s-nikkei-225-slides-3-on-concern-over-interest-rates","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1125265238","content_text":"Japanese stocks were on track for their worst decline in almost four months, extending losses from late last week as hawkish comments from the U.S. Federal Reserve crushed the reflation trade that had driven the market earlier this year.\nUniqlo operator Fast Retailing Co. and chip-equipment maker Tokyo Electron Ltd. were the largest contributors to a loss in the Nikkei 225 Stock Average, which tumbled as much as 4% in its fourth day of declines. Electronics and chemicals makers were the biggest drags on the broader Topix, which was down 2.8% as of 12:25 p.m. local time, with all of its 33 industry groups in the red.\n\nU.S. stocks and long-term Treasury yields dropped Friday on the prospect of a less accommodative U.S. monetary policy. Inflation risks may warrant the start of interest rate hikes next year, St. Louis Fed President James Bullardsaidin an interview on CNBC. That pointed to the possibility of an even earlier liftoff than indicated in the central bank’s comments days before.\n“Yields are falling in a risk-off environment, so of course, cyclical and value stocks will be sold,” said Shogo Maekawa, a strategist at JP Morgan Asset Management in Tokyo. “If monetary tightening takes place earlier than expected, it may be bad for the business cycle in the long term, while lowering expectations over inflation.”\n\nThe Nikkei 225 surged 82% from its pandemic-selloff low to a 30-year high in February, as investors rushed into cyclical-heavy Japanese stocks amid expectations for economic reopenings. The blue-chip gauge has shed more than 8% since that peak amid concerns including the nation’s late vaccination drive and murky prospects for the Tokyo Olympics this summer.\n“Given the Japanese markets had been lacking a domestic catalyst and been hostage to global markets, it’s no surprise to see investors taking profits or cutting losses,” said Takeo Kamai, the head of execution services at CLSA Securities Japan Co. “However, given the Nikkei was still at amulti-year high and valuations weren’t necessarily cheap, this correction may be healthy.”\nTokyo Electron has been the biggest driver of gains in the Nikkei this year amid benefits from ongoing tight semiconductor supply conditions. With the nation’s pace of vaccines finally shifting into high gear and plans for the Olympics pressing forward, investors have recently been shifting into reopening plays such as railway and retail stocks.\nGiven the size of the declines Monday, the market will be watching in the afternoon for any possible action by the Bank of Japan to support the market. The BOJ had helped power Japanese stocks with purchases of exchange traded funds butdidn’t buy anyin May, its first full-month absence from the market since the program started in 2013.","news_type":1},"isVote":1,"tweetType":1,"viewCount":160,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":124285076,"gmtCreate":1624767226095,"gmtModify":1703844790675,"author":{"id":"3586928657361065","authorId":"3586928657361065","authorIdStr":"3586928657361065","name":"Jiaqi25","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586928657361065"},"themes":[],"htmlText":"nice","listText":"nice","text":"nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/124285076","repostId":"1110293570","repostType":4,"isVote":1,"tweetType":1,"viewCount":524,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167639860,"gmtCreate":1624263938550,"gmtModify":1703831887690,"author":{"id":"3586928657361065","authorId":"3586928657361065","authorIdStr":"3586928657361065","name":"Jiaqi25","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586928657361065"},"themes":[],"htmlText":"Thank you for the info","listText":"Thank you for the info","text":"Thank you for the info","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/167639860","repostId":"2145856520","repostType":4,"isVote":1,"tweetType":1,"viewCount":258,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167697408,"gmtCreate":1624263878404,"gmtModify":1703831885211,"author":{"id":"3586928657361065","authorId":"3586928657361065","authorIdStr":"3586928657361065","name":"Jiaqi25","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586928657361065"},"themes":[],"htmlText":"Nice info","listText":"Nice info","text":"Nice info","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/167697408","repostId":"2145083294","repostType":4,"isVote":1,"tweetType":1,"viewCount":273,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167697609,"gmtCreate":1624263864501,"gmtModify":1703831884557,"author":{"id":"3586928657361065","authorId":"3586928657361065","authorIdStr":"3586928657361065","name":"Jiaqi25","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586928657361065"},"themes":[],"htmlText":"Wow nice info","listText":"Wow nice info","text":"Wow nice info","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/167697609","repostId":"2144706863","repostType":4,"repost":{"id":"2144706863","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1624261020,"share":"https://ttm.financial/m/news/2144706863?lang=&edition=fundamental","pubTime":"2021-06-21 15:37","market":"us","language":"en","title":"Why Uber and Lyft prices are going up -- and how you can get around for less","url":"https://stock-news.laohu8.com/highlight/detail?id=2144706863","media":"Dow Jones","summary":"It could be months until there are enough drivers to significantly lower prices.\n\nRide-shares have g","content":"<blockquote>\n It could be months until there are enough drivers to significantly lower prices.\n</blockquote>\n<p>Ride-shares have gotten expensive enough in Chicago that Matt Shachat has decided it's time to finally get a driver's license.</p>\n<p>A Bay Area native who has also lived in Boston, Shachat didn't need to drive himself anywhere before. Even when he moved to Chicago, Uber rides to and from his office were within his budget at around $23 each way.</p>\n<p>Nowadays, he's paying closer to $32 a ride, an amount that works out to nearly $1,300 a month -- enough to cover a car payment, insurance and parking. One 45-minute journey in recent weeks cost him $94, but it's longer wait times that bother Shachat more than bigger bills. \"This morning I was late to work even though I budgeted an extra 15 minutes,\" he said, describing a transaction that required a 20-minute wait.</p>\n<p>Shachat's is a situation that's playing out in cities across the U.S. as demand for rides has come roaring back faster than drivers and discount pool rides.</p>\n<p>In Chicago, ride-sharing companies had a combined 48,000 drivers in April. That's less than half the number of drivers that they had pre-pandemic, according to data collected by the city of Chicago. The city is also down <a href=\"https://laohu8.com/S/AONE\">one</a> ride-sharing company, Via, which suspended public services during the pandemic.</p>\n<p>Meanwhile, ride-share fares have been rising in Chicago, climbing to over an average of $22 in April from less than $16in December, according to the city's data. That's still cheaper than a taxi, although the savings are narrowing.</p>\n<p>Beyond free rides to vaccination appointments and discounts for new users, there is little relief in sight for ride-sharing customers until more drivers says is already happening. More than 33,000 additional drivers came online the week of May 17 alone, an Uber spokeswoman said, noting a decline in surge pricing in Los Angeles and New York.</p>\n<p>Lyft said it too is seeing pressures ease and customer wait times decrease. At a J.P. Morgan <a href=\"https://laohu8.com/S/JPM\">$(JPM)$</a> conference last month, Lyft <a href=\"https://laohu8.com/S/LYFT\">$(LYFT)$</a> co-founder John Zimmer said he expects driver supply and rider demand to become more balanced in the next few months.</p>\n<p>In the meantime, here are a few hacks to cut your transportation costs that don't involve buying a car or learning how to parallel park.</p>\n<p><b>Call a cab or car service</b></p>\n<p>Before there was ride-sharing, there were cabs. New Yorkers used to scan the streets for them, raising an arm to flag <a href=\"https://laohu8.com/S/AONE.U\">one</a> down. And that technique still works -- if you can find a taxi.</p>\n<p>In New York, thousands of the city's famous yellow cabs remain idled, partly because of the pandemic and partly because of a collapse in the value of city-issued medallions which used to sell for over $1 million before the rise of ride hailing.A similar story has played out in Chicago where there are now one-thirdas many cabs in operation as there were in February 2020 -- the month before the pandemic began shutting down parts of the U.S.</p>\n<p>Thankfully, there are apps that can help hail a cab. Arro and Curb are two apps that can help customers locate taxis in a number of cities. They're similar to Uber and Lyft, but for traditional cabs. Because pricing is metered, there is no surge pricing.</p>\n<p>Curb operates in cities including Chicago, Austin, Las Vegas, Los Angeles, New York and San Francisco. It boasts access to more than 50,000 cabs and 100,000 drivers across the U.S. Arro is available in New York, Boston, Miami, Houston and Chicago.</p>\n<p>Another option is to use a car service. While you can request limos and luxury vehicles, many offer more everyday options including minivans and sedans. Cars come with drivers and can be booked via apps, phone and online.</p>\n<p>Carmel is a car service that's been operating in the New York City area for more than 30 years and can now be booked via app. In Chicago, Blacklane and Chicago Private Car offer online booking.</p>\n<p><b>Look for other ride-sharing services</b></p>\n<p>Uber and Lyft may be the best known names in the ride-sharing business, but there are some U.S. cities where you have more options to catch a ride.</p>\n<p>In Hawaii, Holoholo is a new ride-sharing service that eschews surge pricing, an unwelcome experience founder Cecil Morton has had as a ride-sharing customer. Morton has run an airport shuttle business for more than 20 years and describes Holoholo as a \"natural progression\" given the rising popularity of ride-sharing.</p>\n<p>In the continental U.S., Wingz is a San Francisco-based ride-sharing service that started with airport rides. It now offers in-town rides and errand services as well as rides to and from the airport in cities including Austin, Dallas, San Francisco, Los Angeles, Miami, Orlando and Phoenix.</p>\n<p><b>Hop on a bike or scooter</b></p>\n<p>Several cities now have bike and scooter rental services, providing yet another affordable way for people to get around cities including New York, Chicago, Austin, and more.</p>\n<p>Divvy has more than 6,000 bikes and 600 stations in Chicago where single rides are priced at $3.40 a trip and day passes are $15. In the New York City area, Citi Bike has more than 20,000 bikes and more than 1,300 stations. Single rides cost $3.50 a trip while day passes are $15.</p>\n<p>Lime has scooters available in cities across the U.S. including Chicago, San Francisco, Austin and Charlotte. Lime charges a fixed rate to unlock a scooter than a location-based per-minute rate to ride the scooter. Rates are displayed ahead of a ride.</p>\n<p>Lyft has scooters and bike rentals in cities including Minneapolis, Denver, Washington, D.C. and San Diego.</p>\n<p><b>Take public transit</b></p>\n<p>There are a few pockets of the U.S. where public transit really can take you almost anywhere you want to go, and for a fraction of what you might pay for a ride-share or a cab.</p>\n<p>The New York City subway system has resumed 24-hour operations. Each ride costs $2.75, or you can whittle that down by ordering a weekly or monthly pass if you plan to make regular round trips. The subway runs between <a href=\"https://laohu8.com/S/MHC.AU\">Manhattan</a> and JFK International Airport, though there is an additional $7.75 fee for airport service. City buses also provide connections to LaGuardia International Airport.</p>\n<p>In Washington, D.C., the Metro provides access to popular tourist destinations including the National Mall, the White House and several Smithsonian museums. Ride prices are based on distance and time of day, but the most expensive fares in the system are $7.50 for express airport service. D.C.'s Metro runs to Ronald Reagan International Airport. Bus connections are available to Dulles International Airport.</p>\n<p>San Francisco has BART, the Bay Area Rapid Transit system of trains and busses. Even Los Angeles, Atlanta, Minneapolis, Seattle, Salt Lake City and Houston have some type of rail or light rail service.</p>\n<p>Chicago has the L, the city's mostly elevated local train system. For the bargain price of just $5, the L will take you from O'Hare International Airport to the Magnificent Mile where shops, restaurants and architectural icons await.</p>\n<p>That price is a fraction of what you could expect to spend on an Uber or a Lyft between downtown Chicago and the airport -- even back when drivers were plentiful and rides were cheap.</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 Uber and Lyft prices are going up -- and how you can get around for less</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 Uber and Lyft prices are going up -- and how you can get around for less\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-06-21 15:37</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<blockquote>\n It could be months until there are enough drivers to significantly lower prices.\n</blockquote>\n<p>Ride-shares have gotten expensive enough in Chicago that Matt Shachat has decided it's time to finally get a driver's license.</p>\n<p>A Bay Area native who has also lived in Boston, Shachat didn't need to drive himself anywhere before. Even when he moved to Chicago, Uber rides to and from his office were within his budget at around $23 each way.</p>\n<p>Nowadays, he's paying closer to $32 a ride, an amount that works out to nearly $1,300 a month -- enough to cover a car payment, insurance and parking. One 45-minute journey in recent weeks cost him $94, but it's longer wait times that bother Shachat more than bigger bills. \"This morning I was late to work even though I budgeted an extra 15 minutes,\" he said, describing a transaction that required a 20-minute wait.</p>\n<p>Shachat's is a situation that's playing out in cities across the U.S. as demand for rides has come roaring back faster than drivers and discount pool rides.</p>\n<p>In Chicago, ride-sharing companies had a combined 48,000 drivers in April. That's less than half the number of drivers that they had pre-pandemic, according to data collected by the city of Chicago. The city is also down <a href=\"https://laohu8.com/S/AONE\">one</a> ride-sharing company, Via, which suspended public services during the pandemic.</p>\n<p>Meanwhile, ride-share fares have been rising in Chicago, climbing to over an average of $22 in April from less than $16in December, according to the city's data. That's still cheaper than a taxi, although the savings are narrowing.</p>\n<p>Beyond free rides to vaccination appointments and discounts for new users, there is little relief in sight for ride-sharing customers until more drivers says is already happening. More than 33,000 additional drivers came online the week of May 17 alone, an Uber spokeswoman said, noting a decline in surge pricing in Los Angeles and New York.</p>\n<p>Lyft said it too is seeing pressures ease and customer wait times decrease. At a J.P. Morgan <a href=\"https://laohu8.com/S/JPM\">$(JPM)$</a> conference last month, Lyft <a href=\"https://laohu8.com/S/LYFT\">$(LYFT)$</a> co-founder John Zimmer said he expects driver supply and rider demand to become more balanced in the next few months.</p>\n<p>In the meantime, here are a few hacks to cut your transportation costs that don't involve buying a car or learning how to parallel park.</p>\n<p><b>Call a cab or car service</b></p>\n<p>Before there was ride-sharing, there were cabs. New Yorkers used to scan the streets for them, raising an arm to flag <a href=\"https://laohu8.com/S/AONE.U\">one</a> down. And that technique still works -- if you can find a taxi.</p>\n<p>In New York, thousands of the city's famous yellow cabs remain idled, partly because of the pandemic and partly because of a collapse in the value of city-issued medallions which used to sell for over $1 million before the rise of ride hailing.A similar story has played out in Chicago where there are now one-thirdas many cabs in operation as there were in February 2020 -- the month before the pandemic began shutting down parts of the U.S.</p>\n<p>Thankfully, there are apps that can help hail a cab. Arro and Curb are two apps that can help customers locate taxis in a number of cities. They're similar to Uber and Lyft, but for traditional cabs. Because pricing is metered, there is no surge pricing.</p>\n<p>Curb operates in cities including Chicago, Austin, Las Vegas, Los Angeles, New York and San Francisco. It boasts access to more than 50,000 cabs and 100,000 drivers across the U.S. Arro is available in New York, Boston, Miami, Houston and Chicago.</p>\n<p>Another option is to use a car service. While you can request limos and luxury vehicles, many offer more everyday options including minivans and sedans. Cars come with drivers and can be booked via apps, phone and online.</p>\n<p>Carmel is a car service that's been operating in the New York City area for more than 30 years and can now be booked via app. In Chicago, Blacklane and Chicago Private Car offer online booking.</p>\n<p><b>Look for other ride-sharing services</b></p>\n<p>Uber and Lyft may be the best known names in the ride-sharing business, but there are some U.S. cities where you have more options to catch a ride.</p>\n<p>In Hawaii, Holoholo is a new ride-sharing service that eschews surge pricing, an unwelcome experience founder Cecil Morton has had as a ride-sharing customer. Morton has run an airport shuttle business for more than 20 years and describes Holoholo as a \"natural progression\" given the rising popularity of ride-sharing.</p>\n<p>In the continental U.S., Wingz is a San Francisco-based ride-sharing service that started with airport rides. It now offers in-town rides and errand services as well as rides to and from the airport in cities including Austin, Dallas, San Francisco, Los Angeles, Miami, Orlando and Phoenix.</p>\n<p><b>Hop on a bike or scooter</b></p>\n<p>Several cities now have bike and scooter rental services, providing yet another affordable way for people to get around cities including New York, Chicago, Austin, and more.</p>\n<p>Divvy has more than 6,000 bikes and 600 stations in Chicago where single rides are priced at $3.40 a trip and day passes are $15. In the New York City area, Citi Bike has more than 20,000 bikes and more than 1,300 stations. Single rides cost $3.50 a trip while day passes are $15.</p>\n<p>Lime has scooters available in cities across the U.S. including Chicago, San Francisco, Austin and Charlotte. Lime charges a fixed rate to unlock a scooter than a location-based per-minute rate to ride the scooter. Rates are displayed ahead of a ride.</p>\n<p>Lyft has scooters and bike rentals in cities including Minneapolis, Denver, Washington, D.C. and San Diego.</p>\n<p><b>Take public transit</b></p>\n<p>There are a few pockets of the U.S. where public transit really can take you almost anywhere you want to go, and for a fraction of what you might pay for a ride-share or a cab.</p>\n<p>The New York City subway system has resumed 24-hour operations. Each ride costs $2.75, or you can whittle that down by ordering a weekly or monthly pass if you plan to make regular round trips. The subway runs between <a href=\"https://laohu8.com/S/MHC.AU\">Manhattan</a> and JFK International Airport, though there is an additional $7.75 fee for airport service. City buses also provide connections to LaGuardia International Airport.</p>\n<p>In Washington, D.C., the Metro provides access to popular tourist destinations including the National Mall, the White House and several Smithsonian museums. Ride prices are based on distance and time of day, but the most expensive fares in the system are $7.50 for express airport service. D.C.'s Metro runs to Ronald Reagan International Airport. Bus connections are available to Dulles International Airport.</p>\n<p>San Francisco has BART, the Bay Area Rapid Transit system of trains and busses. Even Los Angeles, Atlanta, Minneapolis, Seattle, Salt Lake City and Houston have some type of rail or light rail service.</p>\n<p>Chicago has the L, the city's mostly elevated local train system. For the bargain price of just $5, the L will take you from O'Hare International Airport to the Magnificent Mile where shops, restaurants and architectural icons await.</p>\n<p>That price is a fraction of what you could expect to spend on an Uber or a Lyft between downtown Chicago and the airport -- even back when drivers were plentiful and rides were cheap.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LYFT":"Lyft, Inc.","UBER":"优步"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144706863","content_text":"It could be months until there are enough drivers to significantly lower prices.\n\nRide-shares have gotten expensive enough in Chicago that Matt Shachat has decided it's time to finally get a driver's license.\nA Bay Area native who has also lived in Boston, Shachat didn't need to drive himself anywhere before. Even when he moved to Chicago, Uber rides to and from his office were within his budget at around $23 each way.\nNowadays, he's paying closer to $32 a ride, an amount that works out to nearly $1,300 a month -- enough to cover a car payment, insurance and parking. One 45-minute journey in recent weeks cost him $94, but it's longer wait times that bother Shachat more than bigger bills. \"This morning I was late to work even though I budgeted an extra 15 minutes,\" he said, describing a transaction that required a 20-minute wait.\nShachat's is a situation that's playing out in cities across the U.S. as demand for rides has come roaring back faster than drivers and discount pool rides.\nIn Chicago, ride-sharing companies had a combined 48,000 drivers in April. That's less than half the number of drivers that they had pre-pandemic, according to data collected by the city of Chicago. The city is also down one ride-sharing company, Via, which suspended public services during the pandemic.\nMeanwhile, ride-share fares have been rising in Chicago, climbing to over an average of $22 in April from less than $16in December, according to the city's data. That's still cheaper than a taxi, although the savings are narrowing.\nBeyond free rides to vaccination appointments and discounts for new users, there is little relief in sight for ride-sharing customers until more drivers says is already happening. More than 33,000 additional drivers came online the week of May 17 alone, an Uber spokeswoman said, noting a decline in surge pricing in Los Angeles and New York.\nLyft said it too is seeing pressures ease and customer wait times decrease. At a J.P. Morgan $(JPM)$ conference last month, Lyft $(LYFT)$ co-founder John Zimmer said he expects driver supply and rider demand to become more balanced in the next few months.\nIn the meantime, here are a few hacks to cut your transportation costs that don't involve buying a car or learning how to parallel park.\nCall a cab or car service\nBefore there was ride-sharing, there were cabs. New Yorkers used to scan the streets for them, raising an arm to flag one down. And that technique still works -- if you can find a taxi.\nIn New York, thousands of the city's famous yellow cabs remain idled, partly because of the pandemic and partly because of a collapse in the value of city-issued medallions which used to sell for over $1 million before the rise of ride hailing.A similar story has played out in Chicago where there are now one-thirdas many cabs in operation as there were in February 2020 -- the month before the pandemic began shutting down parts of the U.S.\nThankfully, there are apps that can help hail a cab. Arro and Curb are two apps that can help customers locate taxis in a number of cities. They're similar to Uber and Lyft, but for traditional cabs. Because pricing is metered, there is no surge pricing.\nCurb operates in cities including Chicago, Austin, Las Vegas, Los Angeles, New York and San Francisco. It boasts access to more than 50,000 cabs and 100,000 drivers across the U.S. Arro is available in New York, Boston, Miami, Houston and Chicago.\nAnother option is to use a car service. While you can request limos and luxury vehicles, many offer more everyday options including minivans and sedans. Cars come with drivers and can be booked via apps, phone and online.\nCarmel is a car service that's been operating in the New York City area for more than 30 years and can now be booked via app. In Chicago, Blacklane and Chicago Private Car offer online booking.\nLook for other ride-sharing services\nUber and Lyft may be the best known names in the ride-sharing business, but there are some U.S. cities where you have more options to catch a ride.\nIn Hawaii, Holoholo is a new ride-sharing service that eschews surge pricing, an unwelcome experience founder Cecil Morton has had as a ride-sharing customer. Morton has run an airport shuttle business for more than 20 years and describes Holoholo as a \"natural progression\" given the rising popularity of ride-sharing.\nIn the continental U.S., Wingz is a San Francisco-based ride-sharing service that started with airport rides. It now offers in-town rides and errand services as well as rides to and from the airport in cities including Austin, Dallas, San Francisco, Los Angeles, Miami, Orlando and Phoenix.\nHop on a bike or scooter\nSeveral cities now have bike and scooter rental services, providing yet another affordable way for people to get around cities including New York, Chicago, Austin, and more.\nDivvy has more than 6,000 bikes and 600 stations in Chicago where single rides are priced at $3.40 a trip and day passes are $15. In the New York City area, Citi Bike has more than 20,000 bikes and more than 1,300 stations. Single rides cost $3.50 a trip while day passes are $15.\nLime has scooters available in cities across the U.S. including Chicago, San Francisco, Austin and Charlotte. Lime charges a fixed rate to unlock a scooter than a location-based per-minute rate to ride the scooter. Rates are displayed ahead of a ride.\nLyft has scooters and bike rentals in cities including Minneapolis, Denver, Washington, D.C. and San Diego.\nTake public transit\nThere are a few pockets of the U.S. where public transit really can take you almost anywhere you want to go, and for a fraction of what you might pay for a ride-share or a cab.\nThe New York City subway system has resumed 24-hour operations. Each ride costs $2.75, or you can whittle that down by ordering a weekly or monthly pass if you plan to make regular round trips. The subway runs between Manhattan and JFK International Airport, though there is an additional $7.75 fee for airport service. City buses also provide connections to LaGuardia International Airport.\nIn Washington, D.C., the Metro provides access to popular tourist destinations including the National Mall, the White House and several Smithsonian museums. Ride prices are based on distance and time of day, but the most expensive fares in the system are $7.50 for express airport service. D.C.'s Metro runs to Ronald Reagan International Airport. Bus connections are available to Dulles International Airport.\nSan Francisco has BART, the Bay Area Rapid Transit system of trains and busses. Even Los Angeles, Atlanta, Minneapolis, Seattle, Salt Lake City and Houston have some type of rail or light rail service.\nChicago has the L, the city's mostly elevated local train system. For the bargain price of just $5, the L will take you from O'Hare International Airport to the Magnificent Mile where shops, restaurants and architectural icons await.\nThat price is a fraction of what you could expect to spend on an Uber or a Lyft between downtown Chicago and the airport -- even back when drivers were plentiful and rides were cheap.","news_type":1},"isVote":1,"tweetType":1,"viewCount":247,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}