JD.com Shares Drop on cautious Outlook for Consumer Recovery
JD.com Inc. shares fell after the company reported a sharp drop in year-end revenue growth as Chinese shoppers reined in spending, and cautioned a recovery will take time.
JD.com Inc. shares fell after the company reported a sharp drop in year-end revenue growth as Chinese shoppers reined in spending, and cautioned a recovery will take time.
By most accounts, February was a brutal month for global bonds as major central banks vowed to keep hiking. But Malaysian securities proved to be a rare exception.
Tata Technologies Ltd. has sought approval from India’s markets regulator for an initial public offering in which its parent carmaker Tata Motors Ltd. and other investors will sell as many as 95.7 million shares.
China and the US have locked themselves into a new cycle of recriminations, provoking fresh worries that the world’s two biggest economies are heading down a path that could one day lead to the once unthinkable: the possibility of open conflict.
President Volodymyr Zelenskiy urged a rapid repair of energy infrastructure in areas hit by a fresh barrage of Russian missile attacks that cut power to hundreds of thousands across war-battered Ukraine.
Prada SpA sales jumped as the Italian fashion group benefited from a strong appetite for its brushed leather loafers and slingback pumps.
Investors sought the safety of bonds for a second day as jitters over a rout in bank stocks hit risk sentiment and traders speculated that rate-hike bets had gone too far too fast.
Silvergate Capital Corp.’s abrupt shutdown and SVB Financial Group’s hasty fundraising have sent US bank stocks diving and tongues wagging across the industry: Could this be the start of a much bigger problem?
Shares of Asian banks slid to the lowest in more than two months, following their Wall Street peers lower on concerns that signs of trouble at a Silicon Valley-based lender could point to broader risks for the sector.
Singapore boosted its gold reserves by about 30% in January, joining central banks from China to Turkey in building up holdings of the precious metal.