Tag: Markets
The rise of Pinduoduo and Temu: profits and secrets | FT Film
Chinese e-commerce app Pinduoduo is one of the biggest and most profitable retailers in the world. It is spending a huge amount of money on international exp...
Toyota again top carmaker in 2023, ahead of VW | REUTERS
Toyota sold a record 11.2 million vehicles in 2023, taking the crown as the world's top-selling automaker for a fourth straight year. 👉 Read the story here:...
Global Luxury Goods Market Seen Growing to 1.5 Trillion Euros in 2023
Even as the market continues to grow, there has been a slowdown in the last quarter, especially in the U.S., according to the latest study from Bain & Company and Altagamma.
Norway Wealth Fund Closes Shanghai Office in Shift to Singapore
Norway’s $1.4 trillion sovereign wealth fund has started winding down its office in Shanghai as Singapore takes over as its hub in Asia.
CNBC Daily Open: U.S. stocks shrug off hot inflation numbers
A hotter-than-expected CPI reading for January caused U.S. Treasury yields to increase. But stocks were remarkably resilient.
ION Removed From Hacker’s Target List and Deadline for Ransom Suspended
The hacking group behind the attack on ION Trading UK — the software firm that was struck by a cyberattack earlier this week, upending derivatives trading around the world — says a ransom has been paid.
Adani Crisis Deepens as Stock Rout Hits $100 Billion, Bonds Sink
Gautam Adani’s businesses have lost $107 billion in a week, one of the biggest wipeouts in India’s history, after an explosive report by short-seller Hindenburg Research forced him to pull a stock sale at the 11th hour and led some lenders to reject his s...
Canalys Newsroom - Global smartphone market shrinks 17% in Q4, to end 2022 with under 1.2 billion shipments
Find the latest press releases, channels and tech analysis available
Google calls on Larry Page, Sergey Brin to help with AI competition
#Google #LarryPage #SergeyBrin #yahoofinance Yahoo Finance Live anchors Jared Blikre and Brad Smith discuss reports that Google has tapped Larry Page and Ser...
Crypto firm Genesis prepares to file for bankruptcy
Crypto firm Genesis is preparing to file for bankruptcy. The news comes two weeks after Genesis laid off about 30% of its staff. Yahoo Finance Sr. Reporter D...
Asia-Pacific markets mostly fall as investors digest Chinese economic data
As the Bank of Japan kicks off its two-day monetary policy meeting, 10-year Japanese government bond yields will be in focus.
Shenzhen stocks rise 2%, Asia markets mixed on cooled U.S. inflation outlook
Markets in the Asia-Pacific traded mixed as expectations of cooled inflation in the U.S. lifted investor sentiment.
China Goes All Out to Rescue Its Ailing Property Sector
China is pushing hard to prop up its embattled property market to help reignite growth in the world’s second-largest economy that has been crippled by years of Covid restrictions.
Hong Kong stocks rise 3%, leading gains in the Asia-Pacific as investors look ahead to Fed minutes
Hong Kong shares rise 3% as investors look ahead to the Fed's meeting minutes, watching for signs of more interest rate hikes.
The boldest bitcoin calls for 2023 are out — and a 1,400% rally or a 70% plunge may be on the cards
Some market players have stuck their neck out with price calls for what could be another volatile year.
