Japan and Australian Shares Tumble in the Stock ExchangeStocks

Japan and Australian Shares Tumble in the Stock Exchange

On Wednesday, Japan stocks weakened as losses in the Paper & Pulp, Railway & Bus and Real Estate sectors led shares lower. At the same…

Wall Street Opens Higher on Upbeat China Data, Yuan StableNews

Wall Street Opens Higher on Upbeat China Data, Yuan Stable

On Thursday, Wall Street was set to open higher as better-than-expected trade data came from China. In addition, a firm…

August 5, Worst Day For Stocks. Why?News

August 5, Worst Day For Stocks. Why?

On Monday, August 5, 2019, US stocks showed the largest losses in one day. The reasoning is thought to be…

Zalando Upgrades Sales ForecastNews

Zalando Upgrades Sales Forecast

Online fashion store Zalando revised its revenue forecast after it reported higher traffic on its website on Thursday. The company…

Samsung Reports Feeble Q2 Profit Dragged by Chip TurmoilNews

Samsung Reports Feeble Q2 Profit Dragged by Chip Turmoil

On Monday, Samsung Electronics cautioned about Japanese curbs on chip-making materials exports distorting its outlook. The smartphone maker said it…

Australian Dollar Falls, RBA Rate Cut Possible in AugustNews

Australian Dollar Falls, RBA Rate Cut Possible in August

The Australian dollar shed some strength on Monday, trading at $0.6910 from $0.6942 on Friday. Last Friday, the yields on…

Twitter Overpowers Q2 Revenue EstimatesNews

Twitter Overpowers Q2 Revenue Estimates

On Friday, Twitter Inc. posted stronger-than-expected Q2 revenue. It also reported an uptick in daily site-users who see advertisements internally,…

Nissan Slashes 12,500 Jobs After Q1 Profit Plunged 98.5%News

Nissan Slashes 12,500 Jobs After Q1 Profit Plunged 98.5%

Nissan Motor Co. Ltd. will cut its employee-base by 12,500 after first-quarter profit data showed a drop of 98.5%. This…

Tech Stocks Slide on US Probe of Big TechNews

Tech Stocks Slide on US Probe of Big Tech

US tech stocks took a hit after the US government finally confirmed its investigation of the biggest US technology companies…

Alibaba Opens Up to U.S. Merchants for the First TimeNews

Alibaba Opens Up to U.S. Merchants for the First Time

Alibaba Group Holding Ltd. launched its oldest online platform to U.S. wholesalers. The company is promising to help American firms…