Internet giant Baidu has partnered with Citic Bank to launch an online bank, as it looks to rivals Tencent and Alibaba.» Read More
Believe it or not, these big Chinese companies like Alibaba, the biggest e-commerce retailer by far, have not been represented in global indices.
Asian equities closed higher on Thursday afternoon after U.S. markets reacted positively to the release of the Fed's October meeting minutes.
The latest crop of ETFs includes two that allow investors to make leveraged bets on corporate hacking attacks.
Some of the names on the move ahead of the open.
U.S. stock futures were lower this morning, after Thursday's sharp drop.
Adding U.S.-listed Chinese companies to its key emerging markets index is not a gateway for A-share inclusion, MSCI has warned.
NEW YORK/ HONG KONG, Nov 13- MSCI will add Alibaba Group, Baidu.com and a dozen other Chinese companies listed overseas to its emerging market index from Dec 1, a move reflective of the changing economic landscape that is likely to draw investments of $70 billion. Alibaba, the world's biggest e-commerce company, is the largest of the 14 U.S.-listed Chinese stocks to...
NEW YORK, Nov 11- Chinese stocks that trade on U.S.-listed exchanges were mostly lower on Wednesday, even as investors expect indexer MSCI to add some well-known company stocks to its emerging market indexes. Lack of transparency has kept so-called China "A" shares, which trade in mainland China, from MSCI's major world indexes. "U.S. listed Chinese companies are...
*China seen growing to 40 percent of EM index. LONDON, Nov 11- China is heading for such dominance in the world's main emerging market stock index that investors are scrambling for ways to water down the too-many-eggs-in-one-basket risk. China- increasingly dominant in all spheres of economic and politics- currently accounts for around 24 percent of MSCI's...
Jim Cramer rattles off his take on caller favorite stocks, including this stock that is down so low it is ridiculous.
Forrester predicts the mobile revolution will accelerate in 2016. Who are the winners?
The "Fast Money" traders give their final trades of the day.
*MSCI global indexes to include Chinese ADRs this month. HONG KONG, Nov 2- MSCI will begin to add overseas-listed Chinese shares to its emerging market indexes this month, drawing billions of dollars into such stocks, which could eventually lead to mainland-listed companies finding their way into global equity portfolios. The inclusion of overseas-listed...
*LinkedIn, AbbVie soar after results. *KeyCorp down after agreeing to buy First Niagara. Shares of drugmaker AbbVie jumped 12.1 percent to $60.62, the biggest positive driver for the S&P 500 index, after posting better-than-expected quarterly profit and a strong long-term outlook.
*LinkedIn, Abbvie soar after results. *Keycorp down after agreeing to buy First Niagara. Investors will get more clues on consumer spending when the University of Michigan's final index on consumer sentiment, which is expected to rise to 92.5 in October from 92.1 in September, is released at 10:00 a.m..
U.S. stocks closed lower, but mostly held the prior day's rally, as investors continued to consider the possibility of a December rate hike.
The "Halftime Report" traders give their trades for the second half.
U.S. stock index futures indicated a lower open as investors weighed the possibility of a December rate hike, amid the release of GDP and earnings.
Japan favours hydrogen fuel-cell to power homes, cars. TOKYO/ DETROIT, Oct 28- Asia's two autos powerhouses, Japan and China, are jostling for supremacy in how future electric cars should generate their power- from batteries or hydrogen-powered fuel-cells. "We're reaching a crossroads," says James Chao, Shanghai- based Asia-Pacific managing director for industry...
While Apple stock fans await a new iPhone to rally shares, an even bigger factor for Apple grew by 112 percent over the past year.