Alibaba, Tencent’s $66 Billion Party Starts to Fade
China’s largest tech companies Alibaba Group Holding Ltd. and Tencent Holdings Ltd. have gained $66 billion in market
2023-08-09 08:52
Oil Holds Near Four-Month High as Report Sees US Stockpile Gain
Oil steadied in Asia — after closing at the highest since mid-April on concerns about an escalation of
2023-08-09 08:29
Tycoon Who Gave Away $750 Million Sees Profit in Loans to Poor
He built a fortune lending to low-income borrowers shunned by banks. He paid staff below-market wages and thought
2023-08-09 08:26
Asian Stock Futures Inch Lower Before China CPI: Markets Wrap
Asian equity futures fell, suggesting a cautious open to trading around the region on Wednesday as investors await
2023-08-09 07:55
Indian Debt Collection Startup Raises $50 Million From Accel, Westbridge
Credgenics, an online service that helps banks collect on debt, raised $50 million in a funding round led
2023-08-09 07:52
Marqeta Gains on Extended Deal With Block, Revenue Beat
Marqeta Inc. gained after extending a partnership with Jack Dorsey’s payments company Block Inc. and posting revenue that
2023-08-09 07:19
South Korea unemployment rate climbs to six-month high
SEOUL South Korea's jobless rate climbed in July for a second month and hit the highest since January,
2023-08-09 07:17
WeWork Tumbles After Raising ‘Substantial Doubt’ About Future
WeWork Inc. shares plummeted more than 25% in extended trading after saying there’s “substantial doubt” about its ability
2023-08-09 06:49
Hedge Fund Shorts Nio and Honda, Favors Hyundai in Asia EV Race
An Asian hedge fund is shorting some Chinese and Japanese automaker stocks on bets they will lose out
2023-08-09 06:20
Lyft Shares Slide After Posting Slowest Growth Since Pandemic
Lyft Inc. shares fell after the company reported its slowest revenue growth in two years, overshadowing a better-than-expected
2023-08-09 05:23
US Fed clarifies process for banks to transact in stablecoins
By Hannah Lang (Reuters) -State banks that are a member of the U.S. Federal Reserve system should obtain a written
2023-08-09 04:46
Wall Street WhatsApp, Texting Fines Exceed $2.5 Billion
Wells Fargo & Co. and BNP Paribas SA are among firms that will pay hundreds of millions of
2023-08-09 03:57