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
UAW Demands Would Add $80 Billion to US Carmaker Labor Costs
New contract demands made by the United Auto Workers union would add more than $80 billion to each
2023-08-09 08:27
Global Funds That Drove Topix Rally Are Now Risk to More Gains
Traders trying to push Japanese shares back up to three-decade highs face increasing obstacles — including selling by
2023-08-09 08:26
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
Amazon In Talks to Be Anchor Investor in Arm IPO, Reuters Says
Amazon.com Inc. is in talks to join other tech companies as an anchor investor in Arm Ltd.’s initial
2023-08-09 07:18
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
Commonwealth Bank of Australia Cautions on Economy Even as Profit Climbs
Commonwealth Bank of Australia’s profit climbed as higher interest rates and a buoyant housing market supported results at
2023-08-09 05:58