Author - Craig Foley

Alibaba makes Hong Kong debut: ASX poised to open lower

27 Nov 2019 - The ASX looks set to open lower despite US markets closing higher. US China trade negotiations rumble along keeping investors on their toes. Stocks in the US rose. Investors in China are finally able to own Alibaba shares after its debut in Hong Kong. Virgin Money UK (ASX:VUK) says Clive Adamson, a Non-Executive Director, intends to step down from the Board.

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LVMH (EPA:MC) to buy Tiffany & Co. (NYSE:TIF): Aus shares to open higher

26 Nov 2019 - The Australian share market is set to open higher following record highs overnight on the S&P 500 and Nasdaq Composite indexes. The highs came as China promised to tighten intellectual property rules in the country and the market saw a slew of merger and acquisition activity. French luxury goods multinational LVMH, has inked a deal worth US$16.2 billion to purchase Tiffany & Co (NYSE:TIF).

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