Investors, as well as analysts from around the world, are monitoring the situation in the U.S. It is not surprising as they want to know who will become the president of a country with the largest economy in the world. The incumbent President Donald Trump or Joe Biden. It is worth mentioning that, stocks in …
How Stocks in Asia-Pacific Reacted to the U.S. Election Read More »
Ant Group operates Alipay, which is the main online payment system in China. It is worth mentioning that Ant Group backed by Jack Ma, the billionaire founder of e-commerce platform Alibaba, was set to sell shares worth about $34.4 billion on Thursday. Based on the information provided by Shanghai authorities the group reported changes in …
World’s Biggest Stock Market Debut and Authorities Read More »
It was an interesting day, as stocks in Asia-Pacific saw gains on the day, as China’s manufacturing activity grew in October. Let’s have a look at the stocks to learn more about the situation. Interestingly, mainland Chinese stocks strengthened their positions on the day. The Shanghai Composite was slightly higher at around 3’225.12. At the …
Manufacturing Activity in October and Stocks in Asia Read More »
The coronavirus pandemic created a lot of problems for the companies, and Apple is no exception. It is worth noting that, Apple reported fourth-quarter earnings on Thursday, which slightly surpassed expectations. People should keep in mind that, Cupertino-based company did not offer investors any guidance for the quarter ending in December. Interestingly, iPhone sales fell …
Apple’s Fourth Quarter Earnings and Expectations Read More »
It was not a positive day for stocks across Asia-Pacific on Thursday, due to the overnight plunge of the U.S. stocks as coronavirus cases continue to rise in Europe as well as the U.S. It is worth mentioning that, the coronavirus pandemic continues to dominate headlines. The number of cases in the U.S. and across …
How Coronavirus in the West Affected Stocks in Asia Read More »
Once-thriving company is working hard to cope with problems. Boeing was struggling to deal with challenges even before the coronavirus pandemic. The company is already shedding 16,000 jobs but this is not the end of the story as the company plans to further reduce the number of employees. It is hard to blame this world-famous …
How Boeing is Trying to Adapt to the New Reality Read More »
HSBC is one of the most famous banks in Europe and other parts of the world. It was a positive day for Hong Kong-listed shares of HSBC. However, before discussing the third-quarter results of this famous bank, let’s have a look at stocks in Asia-Pacific. It is worth noting that, stocks in Asia-Pacific were mixed …
Hong Kong-listed shares of HSBC Jumped More Than 4% Read More »
The coronavirus pandemic continues to dominate the headlines for more than half a year and it is hard to determine, how long it would take to cope with this challenge. In this situation, it is not surprising that investors in different parts of the world are monitoring the situation. Let’s have a look at the …
New Coronavirus Cases in Europe, U.S., and Stocks Read More »
It is no secret that airlines are working round the clock to cope with challenges. Moreover, the rising coronavirus cases in Europe and other parts of the world, have the potential to inflict additional damage to the airline industry. For example, American Airlines posted another big quarterly loss. It is not surprising as the coronavirus …
American Airlines Lost More than $2 Billion in the Quarter Read More »
The Coca-Cola Company is a famous multinational corporation headquartered in Atlanta. The company’s third-quarter revenue fell 9% as the coronavirus pandemic affected the demand for fountain soft drinks, Powerade, and Dasani. Nevertheless, the company topped earnings estimates, despite all challenges. The quarter ended on September 25. Let’s have a look at the results to learn …
Coca-Cola’s Third-Quarter Revenue Fell 9% Due to Coronavirus Read More »
Cathay Pacific is the flag carrier of Hong Kong, as well as one of the founding members of the Oneworld Alliance. Interestingly, shares of Cathay Pacific jumped 2.27% on October 21, after the company made an important announcement. Hong Kong’s flag carrier made the decision to close its subsidiary Cathay Dragon. The airline used to …
There are numerous factors that have the potential to influence stocks and the list is quite impressive. Importantly, stocks in major Asia-Pacific markets were mixed, and let’s have a look at the factor. People should take into account that, Investors reacted to the October fixing of China’s benchmark lending rate. It is worth noting that, …
China’s Benchmark Lending rate and Stocks on October 20 Read More »
The world’s second-largest economy is recovering as can be seen from the data released by the China National Bureau of Statistics. Interestingly, stocks in Asia-Pacific were mixed on October 19, as investors reacted to the release of the country’s GDP data. Let’s have a look at stocks across Asia-Pacific to learn more about the situation. …
Investors Reacted to the Release of China’s GDP Data Read More »
It was a tough day, as most stocks across Asia-Pacific fell on Friday, as the coronavirus pandemic affected the sentiment. Let’s have a look at stocks to learn more about the situation. It is worth noting that, mainland Chinese stocks were mixed by the close. The Shanghai Composite added 0.13% to 3’336.36. At the same …
How Coronavirus Pandemic Affected Stocks in Asia-Pacific Read More »
United Airlines is a major American airline, which operates a large domestic and international route network. However, the coronavirus pandemic created a lot of problems for the industry. On Wednesday, United Airlines posted a worse-than-expected third-quarter loss. It is not surprising as the coronavirus pandemic continued to affect air travel demand. Let’s have a look …
United Airlines, Coronavirus, and Third-Quarter Results Read More »
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