On the surface, China’s market is showing signs of recovery.The Shanghai Composite Index has risen 10.7 per cent over the past year and is up nearly 40 per cent in 2017, and the Shanghai Composite is up more than a third this year.But that has not translated into stronger earnings.In the past 12 months, the Shanghai composite has lost more […]

Facebook has reported earnings today and posted its biggest quarterly profit ever.In a post on its blog, Facebook CEO Mark Zuckerberg said that the company’s first quarter profits were $2.3 billion higher than the company expected.He said Facebook’s net income for the year was $7.2 billion, up 16% from a year ago.The post also revealed that Facebook’s profit margin for […]