Five Things You Need to Know to Start Your Day
American flags outside the New York Stock Exchange in New York on Jan. 4.
Photographer: Michael Nagle/BloombergNYSE says it won't delist Chinese shares...then changes its mind (again). Markets await Georgia races outcome. China hands down death sentence for bribery.
The New York Stock Exchange is reconsidering its decision to halt the delisting of three major Chinese telecommunications firms after Treasury Secretary Steven Mnuchin told the Big Board he opposed its shock announcement to grant the companies a reprieve, said three people familiar with the matter. NYSE’s announcement that it wouldn’t remove China Mobile, China Telecom and China Unicom Hong Kong after all, caught some officials at the White House, Treasury and State departments off guard. It also sowed confusion among the regulators who had helped craft the order signed by President Donald Trump in November that requires American investors to unload Chinese businesses deemed as posing a threat to U.S. national security.