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Shanghai Composite widens losses as US futures tank
August 31st, 2015
Mainland equities lost as much as 3.7 percent on Monday while Dow futures tanked more than 200 points on reports that Beijing may finally halt its controversial market intervention. A report by The Financial Times over the weekend said that Beijing will abandon large-scale share ...
Global Selloff Deepens as Stocks Sink With Oil
August 24th, 2015
Equity investors took flight across Asia, sending the region’s benchmark stock gauge toward a bear market and Chinese stocks plunging by the most since 2007 as U.S. futures tumbled. Ten-year Treasury yields dropped below 2 percent. China’s Shanghai Composite ...
Asia Stocks Drop With Nasdaq Futures on Apple; Commodities Slide
July 22nd, 2015
Asian stocks retreated with Nasdaq 100 Index futures as Apple Inc. tumbled in after-hours trade and the dollar held losses. Oil and gold resumed declines as a gauge of commodities dropped back to a 13-year low. The MSCI Asia ...
Sharp Said to Consider New Loans, Equity Options for Funding
March 4th, 2015
Sharp Corp. is considering a range of financing options, including the sale of new shares to business partners and additional bank loans, in an effort to restructure its debt, according to people familiar with the matter. The options also ...
Microsoft plans to launch smartwatch soon
October 20th, 2014
Microsoft Corp. (MSFT.O) is on track to launch a smartwatch within the next few weeks that will passively track a user’s heart rate and work across different mobile platforms, Forbes reported on Sunday. The wearable gadget’s battery life will ...
Asian shares hit seven-year high on Ukraine, ECB hopes
September 4th, 2014
Asian shares steadied near seven-year highs on Thursday, underpinned by hopes of a ceasefire in Ukraine, although a cautious mood prevailed for now ahead of a European Central Bank meeting later in the session. Global shares had rallied on ...
Markets fell for July, but Analysts Are Upbeat
August 1st, 2014
The stock market remarked the sharpest decline in the Standard & Poor’s 500-stock index since April for the month of July, while the Dow Jones industrial index dropped more than 300 points, eliminating all of its gains for the ...
Direct won-yuan trading on the way
July 3rd, 2014
While North Korea is set to top the agenda at talks later today between Chinese President Xi Jinping and South Korean President Park Geun-hye, increasingly close bilateral economic relations won’t be far behind. There are two main items on ...
Asian Stocks Retreat From Six-Year High as Kiwi Advances
June 12th, 2014
Asian stocks fell, with the regional benchmark index retreating from its highest close in six years, after U.S. stocks dropped by the most in three weeks. Euronext delayed the opening of cash markets due to a “critical issue” while ...
Xiaomi’s Phones Have Conquered China. Now It’s Aiming for the Rest of the World
June 6th, 2014
On May 15, behind the curving, imperial facade of the China National Convention Center in Beijing, a veteran technology executive named Lei Jun walks onstage before a thousand raucous fans and members of the media. It’s a familiar scene ...
