World
Tencent quarterly profit surges 60% despite slowest revenue growth on record
Tencent’s twin-skyscrapers at Shenzhen Bay Start Up Plaza in Nanshan business district. Nikada | Getty Images Tencent reported its slowest quarterly revenue growth on record in the fourth quarter of 2021 as the Chinese technology giant continues to feel the impact of Beijing’s regulatory tightening on the domestic technology sector. However, the company posted a […]
Read More
UK inflation hits fresh multi-decade high of 6.2% on surging energy prices
LIVERPOOL, UNITED KINGDOM – JANUARY 23: On the day that Britain officially enters a recession shoppers walk through Liverpool city centre on January 23, 2009 in Liverpool, United Kingdom. Figures announced today confirm that the UK is officially in a recession for the first time since the early 1990s after GDP fell in two successive […]
Read More
Putin’s Ukraine invasion is turning into a ‘grinding war’ where nobody wins
A Ukrainian soldier stands on the front line, near Kyiv on March 20, 2022. Genya Savilov | AFP | Getty Images As Russia’s unprovoked invasion of Ukraine drags close to a fourth week it’s becoming clear to both Moscow and Kyiv that the conflict will not be easily won, or lost, by either side. Russian […]
Read More
Chinese stocks may start exiting the U.S. in two years, warns Asian Corporate Governance Association
The delisting of U.S.-listed Chinese stocks may come in the next two to three years, according to Jamie Allen of the Asian Corporate Governance Association. “There doesn’t seem to be a huge incentive … for China to compromise, nor does the U.S. seem to want to compromise,” the secretary general at the non-profit organization told […]
Read More
Chinese internet stocks in Hong Kong continue to surge amid hopes of easing regulations
The Chinese and Hong Kong flags flutter as screens display the Hang Seng Index outside the Exchange Square complex, which houses the Hong Kong Stock Exchange, on January 21, 2021 in Hong Kong, China. Zhang Wei | China News Service via Getty Images Shares of Chinese internet giants in Hong Kong soared Wednesday, continuing an […]
Read More
World No. 1 Ash Barty retires from tennis at 25
Ashleigh Barty of Australia smiles as she attends a media opportunity at Kooyong on February 24, 2022 in Melbourne, Australia. Graham Denholm | Getty Images Sport | Getty Images World number one Ash Barty has decided to retire from professional tennis at the age of 25 and at the peak of her game, citing the […]
Read More
Japan’s Nikkei 225 rises more than 2% as SoftBank Group shares surge 8%
SINGAPORE — Shares in Japan led gains in Asia-Pacific during Wednesday morning trade, as investors monitored oil prices and continued to assess the outlook for U.S. Federal Reserve monetary policy. The Nikkei 225 rose 2.59% as shares of SoftBank Group jumped 8.03%. The Topix index advanced 1.98%. In Hong Kong, shares of Xiaomi surged 5.49% […]
Read More
Investors face a slew of headwinds, Citi says. Here are its top stocks to play it — including one it says has upside of nearly 130%
As macro headwinds continue to persist, Citi has a number of stock picks it thinks will continue to do well. Source
Read More
Goldman Sachs has a bunch of stock picks to play the latest autos trend
Tesla — and some under-the-radar stocks — are among Goldman’s picks to play the future of the auto industry. Source
Read More
The metaverse may bring new cyber risks. Here’s what companies can do
An employee wearing HTC’s Vive virtual reality headset plays a video game at the T.UM showroom in the SK Telecom Co. headquarters in Seoul, South Korea, on June 11, 2021. SeongJoon Cho | Bloomberg | Getty Images Imagine discussing a confidential multimillion-dollar deal with your boss. The conversation ends, and you both leave. A while […]
Read More