Aug.22 — Mitchell Kim, an analyst at Kim Eng Securities, talks about Alibaba Group, which reports results Thursday. Kim speaks with Yvonne Man, Lulu Chen and Ramy Inocencio on “Bloomberg Daybreak: Asia.” …read more […]
Asian shares slipped on Thursday as a deadline loomed for fresh U.S. tariffs on China and amid speculation U.S. President Donald Trump’s political position could be threatened by the legal woes of two former advisers.
The company is hitting and exceeding its post-merger targets, turning more investors into believers. …read more […]
Saudi Arabia’s energy minister denied a Reuters report that state oil giant Aramco’s initial public offering will be called off, in a statement issued early on Thursday.
The indictment of U.S. Rep. Duncan Hunter and his wife that alleges they illegally converted his campaign account into a household checkbook reorders his re-election contest, giving Democrats a suddenly stronger hand in a district that for decades has embraced Republican candidates. Two months ago Hunter coasted through the June primary despite the ongoing FBI investigation that produced the 60-count indictment. The 50th Congressional District east of San Diego is the most Republican in Southern California. …read more […]
Asian shares started cautiously on Thursday as a deadline loomed for fresh U.S. tariffs on China and amid speculation U.S. President Donald Trump’s political position could be threatened by the legal woes of two former advisers.
U.S. economic growth will slow steadily over the coming quarters after touching a four-year high in April-June, according to a Reuters poll of economists who expect President Donald Trump’s trade war to inflict damage.
U.S. insurer MetLife Inc on Wednesday named Kishore Ponnavolu as president of the company’s Asia region, while Rebecca Tadikonda was named head of strategic growth markets for the region. Ponnavolu is the current head of the insurer’s auto and home business in the United States, while Tadikonda is MetLife’s chief strategy officer. Both appointments are effective on Sept. 1. …read more […]
Alibaba (BABA) saw its stock price slip marginally during regular trading hours Wednesday as part of a nearly 10% decline over the last three months. BABA’s dip signals that investors are skeptical about the Chinese e-commerce powerhouse. So let’s see what they should really expect from Alibaba’s quarterly results, which are due out before the opening bell Thursday. …read more […]
U.S. and Chinese officials met for the first time in more than two months to try find a way out of their deepening trade conflict, but there was no evidence that the low-key discussions would halt a new round of U.S. tariffs due on Thursday.
Bombardier Inc on Wednesday appointed Danny Di Perna as its aerospace unit’s chief operating officer.
If this is money you could just as easily burn, then go right ahead and buy IQ stock. While it’s true that iQiyi (pronounced eye-CHEE-yee) could become a big winner, little is certain, especially in the China market (IQ also operates in Taiwan). There are important differences between how iQiyi and Netflix operate that you want to keep in mind. …read more […]
Intel (INTC) closed the most recent trading day at $47.05, moving -1.2% from the previous trading session. …read more […]
Last week, Berkshire stocked up on Apple (AAPL) shares, a longtime analyst talked about the next trillion dollars in its valuation, an Aussie teen hacked in to its computer and more. …read more […]
Alibaba will report earnings tomorrow before the bell. Analysts expect a healthy jump in revenue, but will earnings get hit as the Chinese e-commerce giant ramps up its investments in logistics and retail. …read more […]
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