Tencent was added to the Defense Department’s list of “Chinese military companies,” contributing to a selloff in U.S.-listed shares of the WeChat owner.
The withdrawal marks the demise of a yearslong effort in which Tehran used Syria as a hub in its regional strategy to spread influence and wage proxy war against the U.S. and Israel.
This episode of Need to Know explains Real Estate Investment Trusts (REITs) and explores how the asset class spans sectors and evolves with the market.