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Why the GameStop Frenzy Is Mostly a Made in U.S.A. Drama
Why the GameStop Frenzy Is Mostly a Made in U.S.A. Drama

(Bloomberg) -- On the surface, it looks like the GameStop Corp. uproar pitting Reddit day traders against giant hedge funds is going global.New accounts at Tiger Brokers in Singapore surged last week. In the U.K., Trading 212 is the most downloaded app in the country, while in Korea, GameStop is among the top 10 most-held foreign shares.Yet even as the hype spreads, the equity trading revolution playing out in the U.S. is unlikely to be matched anytime soon in Asia and Europe. Tighter restrictions on short selling, limited options trading and higher taxes and fees will keep it a U.S. game for now.

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Exclusive: Turkey bans Cryptocurrency payments
Exclusive: Turkey bans Cryptocurrency payments

The price of bitcoin (BTC-USD) descended from record highs on Friday following a decision by Turkey's central bank to ban cryptocurrencies for payments.

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Important: Billionaire Alibaba founder Jack Ma reappears in Hong Kong - sources
Important: Billionaire Alibaba founder Jack Ma reappears in Hong Kong - sources

<p style="margin: 0px 0px 0.8em; line-height: 1.8; background-color: #ffffff;">Alibaba Group founder Jack Ma, largely out of public view since a regulatory clampdown started on his business empire late last year, is currently in Hong Kong and has met business associates in recent days, two sources told Reuters.</p>

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