Alibaba takes a hit

By: Miguel A. Rodriguez

15:32, 16 October 2020

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BOJ may set cap on issuance, holdings if it issues digital yen.
  • The U.S. State Department has submitted a proposal for the Trump administration to add China’s Ant Group to a trade blacklist.
  • The Bank of Japan may set a limit on the amount of central bank digital currencies it issues or allows entities to hold if it is to issue them.
  • Global shares dropped as investors shied from risk and sought safe-havens such as the U.S. dollar on fears of a resurgence in coronavirus cases.

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This information/research prepared by Miguel A. Rodriguez does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. The research analyst primarily responsible for the content of this research report, in part or in whole, certifies that the views about the companies and their securities expressed in this report accurately reflect his/her personal views and consequently any person acting on it does so entirely at their own risk.The research provided does not constitute the views of KW Investments Ltd nor is it an invitation to invest with KW Investments Ltd. The research analyst also certifies that no part of his/her compensation was, is, or will be, directly, or indirectly, related to specific recommendations or views expressed in this report.The research analyst in not employed by KW Investments Ltd. You are encouraged to seek advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit that conforms to your specific investment objectives, financial situation, or particular financial needs before making a commitment to invest. The laws of the Republic of Seychelles shall govern any claim relating to or arising from the contents of the information/ research provided.