Without a doubt, it was not an easy day for stocks in Asia-Pacific. They mostly fell on Friday, as China did not lower interest rates despite analysts’ expectations for more stimulus. Investors closely monitored mainland Chinese stocks, with many major markets in the region closed for the Good Friday holiday. Mainland Chinese stocks have been …
Chinese Stocks Fell As China Didn’t Lower Interest rates Read More »
U.S. stocks jumped on Wednesday as the corporate earnings season kicked off with mostly positive results, and traders analyzed inflation data. The Dow Jones Industrial Average gained 344.23 points or 1.01% to 34,564.59, accelerating gains in the final hour of trading. The S&P 500 advanced 1.12% to 4,446.59. Moreover, the Nasdaq Composite jumped 2.03% to …
Stocks Rose Thanks to Mostly Positive Corporate Earnings Read More »
There is no lack of factors that have the potential to affect stocks one way or another. For example, stocks in Asia-Pacific were mixed on Wednesday as investors analyzed the state of the world’s second-largest economy. The Nikkei 225 demonstrated its strength on Wednesday. Mainland Chinese stocks declined on Wednesday. The Shanghai composite dropped 0.82% …
Nikkei 225 Demonstrated its Strength on Wednesday Read More »
It is hard to find people who don’t know at least something about Apple or its products. The company founded in the 1970s in California changed the world with its products. Apple is a great example of a company that continues to play an important role for a long time. However, even tech giants have …
European stocks fell on Tuesday. They declined as traders monitored heavy selling in the banking sector as well as U.S. inflation data, and looked ahead to key central bank meetings. The pan-European Euro Stoxx 600 index fell 1% in early afternoon trade after clawing back some earlier losses. The German DAX declined 0.3% with the …
European Stocks Plunged Due to a Combination of Factors Read More »
Hong Kong’s Hang Seng index plunged on Monday. Apart from Hong Kong’s Hang Seng index, mainland Chinese stocks also declined. Moreover, Chinese stocks led losses in Asia-Pacific markets on the first day of the week as investors reacted to China’s inflation data for March and monitored the situation regarding the pandemic on the mainland. Hong …
Hong Kong’s Hang Seng Index Dropped More than 3% Read More »
European stocks strengthened their positions on Thursday as volatility continued following details of the U.S. Federal Reserve’s monetary tightening plans and the situation in Ukraine. The pan-European Stoxx 600 index rose 0.5% by mid-afternoon as U.S. Treasury yields fell from multi-year highs after four days of declines. Chemicals gained 1.3% to leas gains while oil …
European Stocks Rose While Stocks in Asia Declined Read More »
Technology stocks fell in Asia-Pacific on April 6, echoing losses seen among their peers on Wall Street following an overnight surge in the U.S. 10-year Treasury yield. It was a really bad day for Chinese tech giants. On April 6, Chinese tech stocks plunged in Hong Kong. Alibaba dropped 5.36%, Meituan fell 3.65%, and Tencent …
Apple is one of the most famous companies not only in the U.S. but around the world as well. Its history dates back to 1976, when Steve Jobs, Steve Wozniak, and Ronald Wayne founded Apple Computer Company. It became the first U.S. corporation to surpass $1 trillion in market capitalization in 2018. Solid sales of …
Stocks in Asia-Pacific were mixed on Tuesday, while Australia’s central bank kept its cash rate target unchanged. Japanese stocks were mixed on Tuesday. The Nikkei 225 gained 0.19% to end its trading day at 27,787.98. The Topix index dropped 0.23% to close at 1,949.12. In South Korea, the Kospi finished its trading day fractionally higher …
Hong Kong’s Hang Seng index rose on Monday. It led gains among the major Asia-Pacific markets on the first day of the week as Chinese tech stocks in Hong Kong jumped. In afternoon trade, the index advanced 1.87% as shares of Tencent rose 2.64%. Other Chinese tech stocks also achieved good results. Alibaba jumped 3.74% …
Last week, tech giant Alibaba made an interesting announcement. The company decided to increase its share buyback program from $15 billion to $25 billion. The share buyback program will be effective for a two-year period through March 24, Alibaba said. The tech giant bought back about 56.2 million American depositary shares (ADRs), worth about $9.2 …
Alibaba increased its share buyback program to $25 billion Read More »
Stocks in Asia-Pacific were mixed on the last day of the month as oil prices dropped sharply. In the afternoon of Asia trading hours, Brent crude futures declined 3.48% to $109.50 per barrel. U.S. crude futures fell 4.23% to $103.26 per barrel. U.S. President Joe Biden’s administration is closely monitoring the situation. His administration is …
Stocks in Asia Were Mixed on the Last Day of March Read More »
European stocks suffered losses on Wednesday after three straight days of gains, as signs in bond markets of pain ahead for the world’s largest economy tempered hopes of a negotiated end to the war in Ukraine. The pan-European STOXX 600 declined 0.6% after three positive sessions that had taken the STOXX 600 back to levels …
European Stocks Fell After Three Positive Sessions Read More »
Everything has its advantages and disadvantages, and a labor union is not an exception. It is important to consider various factors when it comes to labor unions. As a reminder, a labor union is an organization formed by workers in a particular trade, industry, or company for the purpose of improving pay, benefits, and working …
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