It was an interesting day, as stocks in Asia-Pacific mostly advanced on February 9 with mainland Chinese stocks leading gains. However, European stocks closed slightly lower on Tuesday as the rally that’s seen global stocks nudging to record highs appeared to be cooling. It is worth noting that, the benchmark Shanghai Composite added 2.01% to …
The Mondays started wonderfully got stock-index futures as they rose y, indicating major benchmarks would build on their strongest week since November. What are major benchmarks up to now? The Dow Jones Industrial Average YM00, 0.44%, rose 141 points or 0.5%. Meanwhile S&P 500 shares ES00, 0.40% riled up 155 points, or 0.4%. NASDAQ-100 …
Stocks point to the biggest weekly rise since November Read More »
BNP Paribas is one of the major banks not only in France but around the world as well. This French bank has a rich history. Interestingly, the world’s one of the largest banks reported earnings. It is worth mentioning that, BNP Paribas surpassed expectations. Importantly, the bank reported a net income of 1.59 billion euros …
World’s One of the Largest Banks and its Results in the Q4 Read More »
South Korea has one of the largest economies in Asia but after the Korean War, the country was struggling to deal with challenges. However, in several decades once-poor country became an economic powerhouse. It was a good day for South Korean carmakers. However, before discussing shares of Hyundai and Kia, let’s have a look at …
Many companies are struggling to avoid the worst-case scenario. However, Amazon is not one of them. Interestingly, Amazon delivered its largest quarter by revenue of all time at $125.56 billion. The revenue surpassed the symbolic $100 billion mark for the first time. It is worth noting that, Amazon Web Services CEO Andy Jassy will replace …
Tech Giant Amazon Surpassed Expectations in the Q4 Read More »
Pfizer was a famous company even before the coronavirus. However, the coronavirus pandemic made this company even more popular around the world. Based on the information provided by the company, it expects to sell about $15 billion in coronavirus vaccine doses in 2021. Pfizer announced in releasing its fourth-quarter earnings on February 2. It worth …
On the first day of February stocks in Asia-Pacific strengthened their positions. Let’s have a look at the stocks to learn more about the situation. Interestingly, stocks jumped on Monday as silver prices saw strong gains. It is worth noting that South Korea’s Kospi led gains among the region’s major markets, adding 2.7% to close …
The first month of the year comes to an end, and let’s have a look at stocks in Asia-Pacific. As a reminder, Asia is home to some of the biggest economies in the world such as China, Japan, and South Korea. It is worth mentioning that, stocks in Asia-Pacific fell on Friday, with South Korea’s …
It was not an easy day, as stocks in major Asian-Pacific markets fell on January 28. However, before discussing stocks in Asia-Pacific, let’s have a look at the shares of Hong Kong’s flag carrier Cathay Pacific. Interestingly, shares of Cathay Pacific fell 9.71% after the firm said that it would issue convertible bonds worth 6.74 …
Shares of Hong Kong’s Cathay Pacific Fell More than 9% Read More »
Boeing is one of the most famous aircraft manufacturers in the world, but even the aviation giant is struggling to cope with problems. It is worth mentioning that, the company reported a record net loss that topped $11.9 billion in 2020. Interestingly, results worsened after it pushed out the deliveries of its 777X planes to …
Johnson & Johnson ( J&J) is a world-famous company the develops various products. This week more precisely on Tuesday the New Jersey-based company reported fourth-quarter earnings and revenue that surpassed Wall Street’s expectations. The revenue in the fourth quarter reached $22.48 billion. Interestingly J&J also said it would release key details regarding its coronavirus vaccine …
Johnson & Johnson Surpassed Expectations in the Q4 Read More »
The coronavirus pandemic created numerous challenges in 2020. Unfortunately, the pandemic is not over yet and this issue remains one of the most discussed topics in the world. It is worth mentioning that, stocks in Asia-Pacific strengthened their positions on Monday. Interestingly, investors continued to monitor the situation surrounding the coronavirus pandemic, and this factor …
It was a tough day for stocks in the Asia Pacific, as shares of oil giant CNOOC in Hong Kong fell on Friday. Interestingly, China National Offshore Oil Corporation (CNOOC) is one of the largest national oil companies in the country. Shares of CNOOC dropped 5.57%. Importantly, that came after index provider MSCI announced that …
Hong Kong-listed Shares of Oil Giant CNOOC Fell on Friday Read More »
This week, Joe Biden was inaugurated as the 46th president of the U.S. He took the oath of office at the U.S. Capitol. Interestingly, shares in major Asia-Pacific markets saw gains on the day after stocks on Wall Street jumped to record highs as Biden was sworn into the office. Let’s have a look …
Stocks in major Asia-Pacific markets were mostly higher on January 20, but before discussing stocks, let’s have a look at the shares of world-famous tech giant Alibaba. It is worth noting that, Hong Kong-listed shares of Alibaba jumped 8.52% following the reappearance of founder Jack Ma. As a reminder, the company’s founder appeared in a …
Shares of Chinese Tech Giant Alibaba Jumped More than 8% Read More »
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