Stocks Archives

Business

Nvidia to join Dow Jones Industrial Average, replacing Intel

Chip giant Nvidia will join the Dow Jones Industrial Average, the iconic Wall Street index.

AFPNovember 1, 2024

Mainland markets are roaring higher as traders return from a week-long break to extend their stimulus rally

Business

Shanghai stocks soar to extend stimulus rally amid Asia-wide drop

Mainland Chinese stocks roared ahead Tuesday as traders returned from a week-long break to resume a blistering rally fuelled by a raft of measures...

AFPOctober 7, 2024

Japanese stocks were boosted as the dollar rallied against the yen after US jobs data tempered expectations for another big interest rate cut by the Federal Reserve this month

Business

Asian markets track Wall Street rally on jobs data

Asian markets rose Monday after a blockbuster US jobs report soothed any concerns about the world’s top economy.

AFPOctober 6, 2024

Japanese reports said incoming prime minister Shigeru Ishiba is set to call snap elections for the end of October

Business

Japan’s next PM eyes snap election, reports say, as stocks sink

Japan's incoming prime minister Shigeru Ishiba is poised to call snap elections for October 27.

AFPSeptember 30, 2024

World

Hong Kong’s New World Development replaces CEO Adrian Cheng

Hong Kong property behemoth New World Development announced Thursday that its chief executive officer Adrian Cheng has been replaced, as the firm reported an...

AFPSeptember 26, 2024

Midea's IPO is the biggest in Hong Kong since 2021

Business

Chinese appliance maker Midea soars in Hong Kong after US$4 bn IPO

Shares in Chinese electronic appliance maker Midea surged more than nine percent on its Hong Kong debut Tuesday, having raised around US$4 billion in...

AFPSeptember 17, 2024

Weak US jobs data for August fanned fresh worries about a recession in the world's number-one economy

Business

Asian markets tumble as US jobs data stoke recession fears

Asian markets tumbled Monday after another batch of worse-than-expected US jobs data revived fears about a possible recession in the world’s top economy. The...

AFPSeptember 8, 2024

Burberry was the FTSE 100's worst-performing company over the past year, with its share price tumbling about 70 percent

Business

Troubled Burberry exits London’s top-tier shares index

British luxury fashion label Burberry is set to exit London’s FTSE 100 after 15 years at the top-tier index, the stock exchange announced Wednesday,...

AFPSeptember 4, 2024