{"id":575338,"date":"2020-10-12T03:43:07","date_gmt":"2020-10-12T03:43:07","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/12\/why-wall-street-is-doubling-down-on-china-amidst-ongoing-trade-war\/"},"modified":"2020-10-12T03:43:07","modified_gmt":"2020-10-12T03:43:07","slug":"why-wall-street-is-doubling-down-on-china-amidst-ongoing-trade-war","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/12\/why-wall-street-is-doubling-down-on-china-amidst-ongoing-trade-war\/","title":{"rendered":"Why Wall Street is doubling down on China amidst ongoing trade war"},"content":{"rendered":"<p><strong>Wall Street is doubling down on China\u2019s USD 47 tn financial market despite <\/strong><strong>ongoing rhetoric to cut ties with Beijing:<\/strong> While the US and China are butting heads over technology and trade, Wall Street kingpins JPMorgan and Goldman Sachs are going long on Beijing, buying up office space and expanding their headcounts. Tempted by the largest untapped pool of capital in the world, the US financial institutions have become increasingly bullish on China since the signing of the phase one trade accord in January, which allowed foreign firms to manage funds for any investor and hold a majority stake in Chinese companies, explains WSJ Finance Jin Yang (<a href=\"https:\/\/www.youtube.com\/watch?v=G536ZDCNFJc&ab_channel=WallStreetJournal\">watch, runtime: 05:16<\/a>).<\/p>\n<p><strong>It\u2019s not all smooth sailing:<\/strong> US firms have to compete with well-established Chinese firms, the top eight of whom have a 40% share in the domestic securities market. US firms also have to comply with restrictions such as a new cybersecurity law which requires foreign firms to keep clients data inside China, leaving them susceptible to Chinese government security checks as well as forcing them to balance a different set of data protection and ethics for clients at home versus in China. Then there\u2019s the risk of <a href=\"https:\/\/edition.cnn.com\/2020\/07\/09\/business\/hsbc-hong-kong-uk-intl-hnk\/index.html\">following HSBC<\/a> into the political crosshairs.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wall Street is doubling down on China\u2019s USD 47 tn financial market despite ongoing rhetoric to cut ties with Beijing: While the US and China are butting heads over technology and trade, Wall Street kingpins JPMorgan and Goldman Sachs are going long on Beijing, buying up office space and expanding their headcounts. Tempted by the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":575339,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9004],"tags":[116,72,119,260,2230,262,1464,897,2388],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-575338","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-worth-watching","tag-china","tag-enterpriseam","tag-financial-markets","tag-goldman-sachs","tag-huawei","tag-jpmorgan","tag-tiktok","tag-wall-street","tag-worth-watching","wpautop","entry"],"acf":{"mongo_id":"16cf0c75-7cee-4740-9df5-46cef7c2d11b","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2020\/10\/114.jpg","photo_position":"above","related_issue":[575317],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Why Wall Street is doubling down on China amidst ongoing trade war - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/12\/why-wall-street-is-doubling-down-on-china-amidst-ongoing-trade-war\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Why Wall Street is doubling down on China amidst ongoing trade war\" \/>\n<meta property=\"og:description\" content=\"Wall Street is doubling down on China\u2019s USD 47 tn financial market despite ongoing rhetoric to cut ties with Beijing: While the US and China are butting heads over technology and trade, Wall Street kingpins JPMorgan and Goldman Sachs are going long on Beijing, buying up office space and expanding their headcounts. Tempted by the [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/12\/why-wall-street-is-doubling-down-on-china-amidst-ongoing-trade-war\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-10-12T03:43:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2020\/10\/114.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/12\/why-wall-street-is-doubling-down-on-china-amidst-ongoing-trade-war\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/12\/why-wall-street-is-doubling-down-on-china-amidst-ongoing-trade-war\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Why Wall Street is doubling down on China amidst ongoing trade war\",\"datePublished\":\"2020-10-12T03:43:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/12\/why-wall-street-is-doubling-down-on-china-amidst-ongoing-trade-war\/\"},\"wordCount\":215,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/12\/why-wall-street-is-doubling-down-on-china-amidst-ongoing-trade-war\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2020\/10\/114.jpg?fit=%2C&ssl=1\",\"keywords\":[\"China\",\"EnterpriseAM\",\"Financial Markets\",\"Goldman Sachs\",\"Huawei\",\"JPMorgan\",\"Tiktok\",\"Wall Street\",\"worth watching\"],\"articleSection\":[\"Worth watching\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/12\/why-wall-street-is-doubling-down-on-china-amidst-ongoing-trade-war\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/12\/why-wall-street-is-doubling-down-on-china-amidst-ongoing-trade-war\/\",\"name\":\"Why Wall Street is doubling down on China amidst ongoing trade war - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/12\/why-wall-street-is-doubling-down-on-china-amidst-ongoing-trade-war\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/12\/why-wall-street-is-doubling-down-on-china-amidst-ongoing-trade-war\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2020\/10\/114.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2020-10-12T03:43:07+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/12\/why-wall-street-is-doubling-down-on-china-amidst-ongoing-trade-war\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/12\/why-wall-street-is-doubling-down-on-china-amidst-ongoing-trade-war\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/12\/why-wall-street-is-doubling-down-on-china-amidst-ongoing-trade-war\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2020\/10\/114.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2020\/10\/114.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/12\/why-wall-street-is-doubling-down-on-china-amidst-ongoing-trade-war\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Why Wall Street is doubling down on China amidst ongoing trade war\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Why Wall Street is doubling down on China amidst ongoing trade war - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/12\/why-wall-street-is-doubling-down-on-china-amidst-ongoing-trade-war\/","og_locale":"en_US","og_type":"article","og_title":"Why Wall Street is doubling down on China amidst ongoing trade war","og_description":"Wall Street is doubling down on China\u2019s USD 47 tn financial market despite ongoing rhetoric to cut ties with Beijing: While the US and China are butting heads over technology and trade, Wall Street kingpins JPMorgan and Goldman Sachs are going long on Beijing, buying up office space and expanding their headcounts. Tempted by the [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/12\/why-wall-street-is-doubling-down-on-china-amidst-ongoing-trade-war\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2020-10-12T03:43:07+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2020\/10\/114.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/12\/why-wall-street-is-doubling-down-on-china-amidst-ongoing-trade-war\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/12\/why-wall-street-is-doubling-down-on-china-amidst-ongoing-trade-war\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Why Wall Street is doubling down on China amidst ongoing trade war","datePublished":"2020-10-12T03:43:07+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/12\/why-wall-street-is-doubling-down-on-china-amidst-ongoing-trade-war\/"},"wordCount":215,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/12\/why-wall-street-is-doubling-down-on-china-amidst-ongoing-trade-war\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2020\/10\/114.jpg?fit=%2C&ssl=1","keywords":["China","EnterpriseAM","Financial Markets","Goldman Sachs","Huawei","JPMorgan","Tiktok","Wall Street","worth watching"],"articleSection":["Worth watching"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/12\/why-wall-street-is-doubling-down-on-china-amidst-ongoing-trade-war\/","url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/12\/why-wall-street-is-doubling-down-on-china-amidst-ongoing-trade-war\/","name":"Why Wall Street is doubling down on China amidst ongoing trade war - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/12\/why-wall-street-is-doubling-down-on-china-amidst-ongoing-trade-war\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/12\/why-wall-street-is-doubling-down-on-china-amidst-ongoing-trade-war\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2020\/10\/114.jpg?fit=%2C&ssl=1","datePublished":"2020-10-12T03:43:07+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/12\/why-wall-street-is-doubling-down-on-china-amidst-ongoing-trade-war\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2020\/10\/12\/why-wall-street-is-doubling-down-on-china-amidst-ongoing-trade-war\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/12\/why-wall-street-is-doubling-down-on-china-amidst-ongoing-trade-war\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2020\/10\/114.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2020\/10\/114.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/12\/why-wall-street-is-doubling-down-on-china-amidst-ongoing-trade-war\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Why Wall Street is doubling down on China amidst ongoing trade war"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2020\/10\/114.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2020\/10\/114.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2020\/10\/114.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":550413,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/26\/wall-street-bankers-wary-of-what-the-future-holds\/","url_meta":{"origin":575338,"position":0},"title":"Wall Street bankers wary of what the future holds","author":"enterpriseam admin","date":"26 October 2022","format":false,"excerpt":"Wall Street bankers reiterated their warnings about the global economy at the Future Investment Initiative in Riyadh yesterday, Reuters reports. Goldman Sachs CEO David Solomon said the Fed may have to raise interest rates beyond 4.5-4.75% if consumer demand and the labor market holds. JPMorgan CEO Jamie Dimon, meanwhile, said\u2026","rel":"","context":"In &quot;PLANET FINANCE&quot;","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":593903,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/14\/what-were-tracking-on-14-october-2019\/","url_meta":{"origin":575338,"position":1},"title":"What we\u2019re tracking on 14 October 2019","author":"enterpriseam admin","date":"14 October 2019","format":false,"excerpt":"The annual meetings of the IMF and World Bank start today and wrap up on Sunday, with the talk of the town these days being the global economic outlook for 2019. The IMF will weigh in on the question everybody\u2019s been asking for months: Is the world economy sliding into\u2026","rel":"","context":"In &quot;What We're Tracking Today&quot;","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":638378,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/03\/is-goldman-sachs-about-to-become-the-first-bulge-bracket-bank-to-touch-bitcoin\/","url_meta":{"origin":575338,"position":2},"title":"Is Goldman Sachs about to become the first bulge-bracket bank to touch bitcoin?","author":"enterpriseam admin","date":"3 October 2017","format":false,"excerpt":"Jamie Dimon says JPMorgan would fire for \u201cstupidity\u201d any trader who touches bitcoin, but Goldman Sachs may be the first bulge-bracket bank to trade cryptocurrencies, according to media reports yesterday. \u201cIn response to client interest in digital currencies, we are exploring how best to serve them in this space,\u201d the\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":542872,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/20\/nasdaq-falls-into-correction-as-tech-exit-continues-early-swvl-investors-eye-africa-spac\/","url_meta":{"origin":575338,"position":3},"title":"Nasdaq falls into correction as tech exit continues + Early Swvl investors eye Africa SPAC","author":"enterpriseam admin","date":"20 January 2022","format":false,"excerpt":"Nasdaq enters correction as Wall Street sell-off continues: The sell-off in US tech stocks continued yesterday, leaving the Nasdaq down 10.7% from its November peak and officially putting it in correction territory. The tech-heavy index fell another 1.2% during the trading session as investors continued to exit growth stocks in\u2026","rel":"","context":"In &quot;PLANET FINANCE&quot;","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":545986,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/19\/wall-street-banks-ride-out-earnings-season-on-trading-revenue-amid-volatility\/","url_meta":{"origin":575338,"position":4},"title":"Wall Street banks ride out earnings season on trading revenue amid volatility","author":"enterpriseam admin","date":"19 April 2022","format":false,"excerpt":"Wall Street banks ride market volatility to post better-than-expected 1Q earnings: Bank of America was the latest US lender to exceed analysts\u2019 expectations in its 1Q financial results, as investment banks\u2019 trading revenue benefitted from market volatility spurred by war in Ukraine, Bloomberg reports. Though BoA\u2019s net income plunged 12%\u2026","rel":"","context":"In &quot;PLANET FINANCE&quot;","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":575604,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/20\/how-china-and-russia-are-using-vaccines-to-exert-soft-power\/","url_meta":{"origin":575338,"position":5},"title":"How China and Russia are using vaccines to exert soft power","author":"enterpriseam admin","date":"20 October 2020","format":false,"excerpt":"How China and Russia are using vaccines to exert soft power: While in the US and Europe the vaccine dash has been largely driven by the private pharma companies, China and Russia have adopted a state-led approach, giving the government say over development and export decisions. A parallel (and less\u2026","rel":"","context":"In &quot;Worth watching&quot;","block_context":{"text":"Worth watching","link":"https:\/\/enterpriseam.com\/egypt\/category\/lifestyle\/worth-watching\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/10\/208.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/575338","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=575338"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/575338\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/575317"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/575339"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=575338"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=575338"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=575338"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=575338"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=575338"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}