Haijun’s warning, coupled with a middling near-term outlook, largely overshadowed strong fourth-quarter earnings from SMIC. Net profit surged 60.7% on strong domestic demand for chips, while revenue ...
Investing.com -- The U.S. House of Representatives rejected a Republican leadership effort to block legislative challenges to President Donald Trump’s tariffs on Tuesday, with a narrow 217-214 vote ...
The dollar index and dollar index futures fell between 0.1% and 0.2% in Asian trade, extending losses from earlier this week. Fresh pressure on the dollar came from softer-than-expected retail sales ...
Elsewhere in Asia, Japanese markets were shut for a public holiday. Nikkei 225 ended at a record high on Tuesday on optimism over Prime Minister Sanae Takaichi’s election victory. South Korea’s KOSPI ...
Investing.com-- Intercontinental Exchange Inc (NYSE:ICE) said on Tuesday it has launched a suite of cryptocurrency futures ...
The euro fetched 183.15 yen after a 1.2% drop on Tuesday, while sterling extended the previous day’s 1.3% fall against the Japanese currency and was down 0.28% at 210.00. Trading was thinned in Asia ...
NEW YORK, Feb 10 (Reuters) - Major stock indexes were mixed on Tuesday, with a world equity index and the Dow hitting record highs although other key U.S. indexes weakened, while Treasury yields fell ...
Investing.com-- Hedge fund Ancora Holdings has built a roughly $200 million stake in Warner Bros Discovery and plans to oppose a deal to sell its movie and television studios to N ...
SINGAPORE, Feb 11 (Reuters) - Bonds jumped and a rebound in stock markets slowed down on Wednesday after softer-than-expected U.S. retail sales figures, while a rally in the yen has extended and might ...
Investing.com-- Chinese consumer price index inflation grew less than expected in January, underscoring still-weak household demand and reinforcing concerns that deflationary pressures continue to ...
Investing.com-- Gold and prices rose in early Asian trade on Wednesday after soft U.S. retail sales data drummed up bets that the world’s largest economy was cooling, with focus squarely on upcoming ...
State news agency RIA reported separately that Telegram was facing fines of up to 64 million roubles ($830,000) in eight upcoming court hearings in connection with alleged failures to remove ...