Western Digital sare are "looking ugly" after earnings, and Exxon and Chevron reported earnings both beating on revenues, with John Spallanzani, GFI Group, and the "Fast Money Halftime Report" traders. » Read More
SHANGHAI, Jan 5- China's six-month-old campaign to calm share markets will be put to the test when stocks reopen on Tuesday, a day after selling triggered an unprecedented trading halt and risked undermining state rescue efforts estimated to have cost around $140 billion. China's major stock exchanges tanked on the first trading day of the year on Monday,...
If weakness in Chinese stocks persists, consumer stocks could reach appealingly cheap prices, some "Fast Money" traders said.
Here are the top 10 business stories of the year, in descending order. NBCNews reports.
Dec 18- Yirendai Ltd, the consumer finance arm of Chinese peer-to-peer lender CreditEase, made a tepid U.S. market debut on Friday, with its shares trading around the offer price. Yirendai's initial public offering, the last one of the year on U.S. exchanges, raised $75 million after its American Depository Shares were priced at $10 each, the midpoint of the expected...
WUZHEN, China, Dec 16- China's President Xi Jinping laid out his vision for the Internet on Wednesday, calling for respect of different governance models and standardised online security, placing China at the front of debates on online control and sovereignty. "Each country should join hands and together curb the abuse of information technology, oppose network...
BEIJING, Dec 14- China's top online search firm Baidu Inc said it aims to put self-driving buses on the road in three years and mass produce them within five years, after it set up a business unit to oversee all its efforts related to automobiles. Alibaba Group Holding says it will launch its first car in a partnership with China's SAIC Motor Corp, while U.S. tech...
Baidu, China's largest search engine, has joined the driverless car race, announcing that its vehicle had completed a fully autonomous test.
BEIJING, Dec 9- The Beijing offices of Shequ001, a start-up delivering supermarket goods booked via smartphone, stand almost deserted. Zhang, who gave only his family name, is one of fewer than three dozen workers left at a company that last year was worth 2 billion yuan. In China's hottest tech sector, hundreds of "online to offline" start-ups like Shequ001, which draw...
Stocks in South Korea, Taiwan and India could bear the brunt of MSCI's decision to add U.S.-listed Chinese companies to its Emerging Markets index.
U.S. stocks closed near session highs Tuesday, the first trading day of December, shaking off intraday pressure from weak manufacturing data.
Goldman Sachs recommended several Chinese Internet stocks spurred by the inclusion of 14 U.S.-listed names to the MSCI China index.
China could see inflows of as much as $3 trillion amid optimism for financial reforms following the yuan's inclusion in the IMF's currency basket.
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.
Internet giant Baidu has partnered with Citic Bank to launch an online bank, as it looks to rivals Tencent and Alibaba.
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...