We start with an Epic Battle Raging On Wall Street that has seen small time Amateur Investors take on the titans of the hedge fund industry. Its all centred around this company the struggling us computer Game Retailer gamestop. It shares have soared at much as 1700 after a group of private investors used online forums to drive up their price. And that has raised serious questions about how Financial Markets operate in the era of social media, as paul hawkins reports. This is a story of david versus goliath, of the amateur online investor beating the Big Traditional Wall Street traders. At the centre of it, gamestop, a struggling American Retailer Selling dvds and video games. A number of the Wall Street Traders picked up on its problems and bet money that its share price would fall, known in the business as shorting a stock. Only for this particular stock, Amateur Investors swapping tips on the social media site reddit saw it as an opportunity. They bought shares, which actually drove
Live from our studios in singapore and london, this is bbc world news its newsday. Glad you could join us. Its 8 00am in singapore, midnight in london, and 1 00am in malta, where the government is under intense pressure as protests continue over the murder of a prominentjournalist. Daphne Caruana Galizia was killed two years ago by a car bomb. She was investigating corruption on the island. Her death shocked Maltese Society and her family have led the calls forjustice including demands for a public inquiry. Three senior figures in maltas government stood down yesterday. All have denied wrongdoing including any involvement in ms galizias death. Prime ministerJoseph Muscat is facing calls to resign. Damian grammaticas reports from malta. Chanting mafia, they shout. Corruption. The targets of their anger the politicians inside maltas parliament. Why are you here tonight . Because not only have they killed a journalist, just for money and power, but they have also brought the country to it
Now on bbc news live to singapore for Asia Business report. Hong kong railcats Global Market shares as a fresh dispute erupts over us and china to support democracy protesters. The sweet smell of success. Other us china trade what is helping californias garlic farmers. Good morning asia hello world glad you could join us for another exciting addition of Asia Business report. Im rico hizon. Lets start off with the unfolding developments in hong kong, because the us house of representatives have passed legislation intended to support protesters in the territory and sent a warning to china about human right. It was unanimously approved by the senate on tuesday and that triggered a threat from beijing of retaliation. For more details, im joined now by my colleague mariko oi. Whatare joined now by my colleague mariko oi. What are some of the features of this bill . There are actually two of them that will now go to President Trump to sign or veto. One is to ban the export of items like tear
Speech is due open a new session of parliament, as brexit deal talks continue. You can keep up to date with the latest developments on the bbc website, at bbc. Com news. Now on bbc news, live to singapore for Asia Business report. Trade war breakthrough. Donald trump says china has already started to buy more american agricultural goods after fridays partial deal. Cash for citizenship. But i want tos controversial new multi billion dollar booming industry. Vanuatus. It is monday, hope you had a great weekend, glad you could join us for another exciting addition of Asia Business report. I am rico his own. Lets begin with the trade war. This morning us President Donald Trump has been tweeting about the partial deal agreed on friday with chinas vice premier. Mist and trump said in that suite, beijing has already started to increase its purchases of american agricultural products. Mrtrump. He american agricultural products. Mr trump. He went on to reiterate washington has suspended its pla
The us military releases the first footage of the raid in which the leader of the so called Islamic State group was killed. And wildfires continue to spread across southern california, as strong winds hamper rescue efforts. Good morning, this is newsroom live, im annita mcveigh. Campaigning has begun for the next general election on the day the uk should have left the european union. The labour leader, Jeremy Corbyn, will launch his pa rtys campaign shortly. Hell say the election on december 12th offers a once in a generation chance to transform the country and will promise to go after tax dodgers, dodgy landlords and big polluters. The Prime Minister borisjohnson is due to make a series of campaign visits of his own, highlighting what he calls the peoples priorities education, the nhs and crime. He suffered a blow last night as one of his cabinet ministers, nicky morgan, became the latest tory mp to decide not to stand for re election. She told bbc radio leicester that the abuse mps f