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SoftBank posts blowout quarterly gains at Vision Fund tech arm
Technology

SoftBank posts blowout quarterly gains at Vision Fund tech arm

The SoftBank Corp. logo displayed on a glass door of the company’s store in Tokyo, Japan, on Wednesday, May 8, 2024. SoftBank Group Corp. is scheduled to announce its earnings figures on May 13. Photographer: Toru Hanai/Bloomberg via Getty Images Toru Hanai | Bloomberg | Getty Images Japanese giant SoftBank logged a 608.5 billion yen […]

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Asia-Pacific markets poised to fall after China reports lower-than-expected inflation rate
World

Asia-Pacific markets poised to fall after China reports lower-than-expected inflation rate

Citizens are shopping at a supermarket in Nanjing, East China’s Jiangsu province, on March 9, 2024.  Costfoto | Nurphoto | Getty Images Asia-Pacific markets were set to fall Monday after China’s October inflation numbers came in lower than expected, prompting concerns over the recovery in the world’s second-largest economy. The country’s inflation rate declined to […]

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Asia-Pacific markets poised to climb after Fed rate cut; China’s NPC in focus
World

Asia-Pacific markets poised to climb after Fed rate cut; China’s NPC in focus

People visit a riverside in front of the Lujiazui financial district, during the National People’s Congress (NPC) in Shanghai, China, March 7, 2023.  Aly Song | Reuters Asia-Pacific markets were set to climb on Tuesday, after the U.S. Federal Reserve cut interest rates by 25 basis points and major U.S. indexes continued their postelection rally. […]

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Stocks making the biggest moves midday: Warner Bros. Discovery, AppLovin, Wolfspeed, Lyft and more
Finance

Stocks making the biggest moves midday: Warner Bros. Discovery, AppLovin, Wolfspeed, Lyft and more

Check out the companies making headlines in midday trading. Dutch Bros — The stock popped more than 32% following the coffee chain’s better-than-expected third-quarter results. Dutch Bros earned 16 cents per share on revenue of $338 million for the period, while analysts surveyed by LSEG had penciled in 12 cents per share and $325 million […]

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Stocks making the biggest moves premarket: Lyft, SolarEdge, Qualcomm, Moderna and more
Finance

Stocks making the biggest moves premarket: Lyft, SolarEdge, Qualcomm, Moderna and more

Check out the companies making headlines in premarket trading. Lyft — The rideshare stock advanced more than 23% after a stronger-than-expected fourth-quarter outlook. Lyft expects bookings in the current quarter of $4.28 billion to $4.35 billion, while analysts polled by FactSet expected $4.23 billion. Arm Holdings — Shares of the semiconductor company slipped about 7% […]

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Asia-Pacific markets to open mostly higher after Wall Street rallies ahead of U.S. election results
World

Asia-Pacific markets to open mostly higher after Wall Street rallies ahead of U.S. election results

A screen displays the Nikkei 225 Stock Average figure on the trading floor at the Nomura Securities Co. headquarters in Tokyo, Japan, on Jan. 11, 2024.  Bloomberg | Bloomberg | Getty Images SINGAPORE — Asia-Pacific markets were set to open mostly higher Wednesday after Wall Street surged overnight ahead of the U.S. presidential election results. […]

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Asia markets poised to open mixed as investors gear up for U.S. elections, China parliament meeting
World

Asia markets poised to open mixed as investors gear up for U.S. elections, China parliament meeting

BEIJNG, CHINA – NOVEMBER 13: Illuminated skyscrapers stand at the central business district at sunset on November 13, 2023 in Beijing, China. (Photo by Gao Zehong/VCG via Getty Images) Vcg | Visual China Group | Getty Images Asia-Pacific markets were set to open mixed Monday as investors gear up for a busy week that includes […]

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Asia markets set for a mixed open after key Wall Street benchmarks clock worst day in 2 months
World

Asia markets set for a mixed open after key Wall Street benchmarks clock worst day in 2 months

SHANGHAI, CHINA – MARCH 01: Skyscrapers stand at the Pudong Lujiazui Financial District on March 1, 2022 in Shanghai, China. Xiao Yang | Visual China Group | Getty Images Asia-Pacific markets were set to open mixed Friday, after Wall Street benchmarks the Nasdaq Composite and S&P 500 suffered their worst day in nearly two months […]

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Asia markets mostly slip ahead of Bank of Japan decision, China factory activity figures
World

Asia markets mostly slip ahead of Bank of Japan decision, China factory activity figures

Kazuo Ueda, governor of the Bank of Japan (BOJ), speaks during a news conference at the central bank’s headquarters in Tokyo, Japan Bloomberg | Bloomberg | Getty Images Asia-Pacific markets slipped Thursday as investors look to the Bank of Japan’s rate decision, as well as key business activity figures from China. Economists polled by Reuters […]

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Asia-Pacific markets set for mixed open; Australia inflation data in focus
World

Asia-Pacific markets set for mixed open; Australia inflation data in focus

The Australian flag is in front of Christiansborg Palace in Copenhagen, Denmark, on January 14, 2024.  Kristof Z. Markovics | Nurphoto | Getty Images Asia-Pacific markets were set for a mixed open Wednesday after key Wall Street benchmarks rose, with the Nasdaq Composite closing at a new record high as tech stocks gained. Traders in […]

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