Japan’s Rakuten Inc said on Tuesday it expects to take a 103 billion yen ($947 million) loss in the latest quarter on its investment in U.S. ride-hailing firm Lyft Inc.
Chinese artificial intelligence firm iFlytek will strictly adhere to international laws, including a recent decision by the U.S. government to put the firm on a trade blacklist, its chairman said on Tuesday.
Asian shares vaulted to six-month highs on Tuesday, surpassing their July peaks, as hopes that Washington may roll back some of the tariffs it has imposed on imports from China shored up optimism on the global economic outlook.
Asian shares vaulted to six-month highs on Tuesday, surpassing their July peaks, as hopes that Washington may roll back some of the tariffs it has imposed on imports from China shored up optimism on the global economic outlook. The CSI300 of mainland Chinese shares jumped 1.3% to move above double-tops marked in the past two months to hit their highest levels since late April, also helped by the People’s Bank of China cutting a medium-term lending rate. …read more […]
Q3 2019 Danske Bank A/S Earnings Call …read more […]
(Bloomberg) — Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. China is seeking the roll back of U.S. tariffs on as much as $360 billion of Chinese imports before President Xi Jinping agrees to go to the U.S. to sign a partial trade deal with President Donald Trump, according to people familiar with the matter.Negotiators asked the Trump administration to eliminate tariffs on about $110 billion in goods that were imposed in September and lower the 25% tariff rate on about $250 billion that began last year, said some of …read more […]
Analyzing ASR Nederland N.V.’s (ENXTAM:ASRNL) track record of past performance is a valuable exercise for investors… …read more […]
U.S. Commerce Secretary Wilbur Ross said on Tuesday that very good progress was being made towards completing a phase one trade agreement with China and he was hopeful that it would be a precursor to a much more robust agreement.
A slew of investment in gold-backed exchange traded funds (ETFs) offset a decline in purchases of jewellery, bars and coins to push global gold demand slightly higher in the third quarter, the World Gold Council (WGC) said on Tuesday. The world’s appetite for gold was 1,107.9 tonnes over July-September, 3% more than in the same period last year, the WGC said in its latest Gold Demand Trends report. “The continued surge into ETFs more than compensated for weaker demand elsewhere,” said the WGC’s head of market intelligence, Alistair Hewitt. …read more […]
Samsung Electronics Co Ltd said on Tuesday it will shut down a CPU research division at one of its U.S. facilities, a move that analysts said dimmed prospects for the tech giant’s Exynos-branded mobile chips.
Samsung Electronics Co Ltd said on Tuesday it will shut down a CPU research division at one of its U.S. facilities, a move that analysts said dimmed prospects for the tech giant’s Exynos-branded mobile chips. Exynos mobile processor chips are considered a hallmark of the South Korean firm’s attempts to reduce its reliance on memory chips and increase sales of logic chips that are used to power mobile devices and autonomous vehicles. The decision to shut down the division, which will make some 300 jobs redundant, point to challenges Samsung faces in promoting Exynos chips, analysts said. …read more […]
Q3 2019 Agenus Inc Earnings Call …read more […]
Q3 2019 SkyWest Inc Earnings Call …read more […]
Oil prices steadied on Tuesday as investors kept an eye on U.S. inventory data due later, following two days of gains on positive economic data and hopes for a Washington-Beijing trade deal.
Q3 2019 Exxon Mobil Corp Earnings Call …read more […]
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