Asian Stocks Sink Amid Pre-CPI Angst, China Extends Losses
Most Asian stocks sank on Wednesday as markets hunkered down before key U.S. consumer inflation data due later in the day, with Chinese bourses down for a second straight session after disappointing trade readings. China’s Shanghai Composite and Shanghai Shenzhen CSI 300 indexes
Asia FX Dips After Chinese Imports Disappoint, Dollar Rises
Most Asian currencies retreated on Tuesday tracking softer-than-expected Chinese import data, while the dollar firmed ahead of more cues on the U.S. economy from key inflation data due this week. China’s yuan fell 0.1% as data showed China’s imports fell more than expected
Adidas Quarterly Sales Beat Expectations Despite Yeezy Crisis
Adidas said on Friday its first-quarter numbers came in better than expected, although sales dipped 1% from a year-ago period, as investors hope for the German sportswear giant to turn its fortunes around. Adidas (OTC:ADDYY), which last year ended a lucrative partnership with
The Fate of Abundance Advancements Investigated: third Yearly Center East Abundance Tech Gathering and Grants 2023
The Fate of Abundance Advancements Investigated: third Yearly Center East Wealth Tech Gathering and Grants 2023 Abundance advancements allude to the utilization of imaginative innovations, for example, computerized reasoning and large information to give an option in contrast to customary abundance the executives
Asian Stocks Skittish After The Fed, Chinese Markets Reopen Stronger
Most Asian stock markets kept to a tight range on Thursday as investors mulled over rising interest rates and a worsening economic outlook, although strong holiday spending figures from China supported local shares. China’s Shanghai Composite index rose 0.6%, while losses in the
Tesla Resumes US Orders For Model 3 Long-Range Version At Lower Price
Inc has resumed taking orders for its Model 3 long-range version in the United States, the company’s website showed late on Tuesday, after a temporary halt last year due to delivery backlogs. The long-range version of the entry-level Model 3 is priced at
Sony Shares Tumble On Weaker-Than-Expected Annual Outlook
Sony (NYSE:SONY) Group Corp’s shares fell as much as 4.8% on Monday after the Japanese electronics and entertainment conglomerate’s annual profit outlook fell short of market expectations. The company on Friday posted a record operating profit for the year ended March 2023, driven
Pfizer Pledge For More Equal Access to Rsv Shot Faces Hurdles
Pfizer Inc (NYSE:PFE) has pledged to deliver critical new medicines more quickly in low-income nations, but its first such vaccine effort faces hurdles likely to delay distribution in poorer countries by several years, global health officials told Reuters. Pfizer made a commitment on
Amazon’s AWS Warning, PCE Ahead, European Economic Data – What’s Moving Markets
Amazon warns of a slowdown at its crucial cloud-computing division, while U.S. stock futures edge down after a fresh batch of other corporate results. Focus will turn to the Federal Reserve’s preferred inflation gauge later today, but in the meantime traders are digesting
Volvo Cars Plans Cost Cuts As First-Quarter Profit Drops
Sweden-based automaker Volvo Car Group reported a smaller-than-expected fall in first-quarter operating earnings on Thursday and said while overall demand remained healthy it may still cut costs as the global economy slows down. Volvo Cars, majority-owned by China’s Greely Holding, said operating earnings
Recent Comments