Market

Asian stocks follow Wall Street lower on trade worries

  • Dec 04, 2019

 Asian stock markets followed Wall Street lower after President Donald Trump cast doubt over the potential for a trade deal with China this year. Benchmarks in Tokyo, Hong Kong and Sydney fell more than 1% while

Read More

Huawei moving US research center to Canada

  • Dec 03, 2019

The founder of Huawei says the Chinese tech giant is moving its U.S. research center to Canada due to American sanctions on the company.  In an interview with Toronto’s Global and Mail newspaper, Ren Zhengfei said the move was necessary because Huawei would be blocked from interacting with U.S. employees.  Huawei Te

Read More

Walmart’s online sales are surging heading into holidays

  • Nov 14, 2019

Walmart raised its annual profit expectations after reporting strong third-quarter results helped by its grocery business. The results, announced Thursday, offer encouraging news as it heads into the holiday

Read More

Asian shares decline on renewed China-US trade worries

  • Nov 11, 2019

Shares declined Monday in Asia as investors watched for the latest developments in the China-U.S. trade war saga. Hong Kong led the retreat, with the Hang Seng falling 2.7% to 26,902.36 after a police office

Read More

Xi promises gradual opening of Chinese markets to investment

  • Nov 05, 2019

President Xi Jinping promised more gradual market-opening steps at the start of an import fair Tuesday but no initiatives in technology and other irritants that sparked a tariff war with Washington. The second China International Import Expo showcases the country’s

Read More

Tesla’s stock soars after company posts surprising 3Q profit

  • Oct 24, 2019

SAN FRANCISCO— Tesla posted a surprising profit of $143 million in its latest quarter, raising hopes the electric car pioneer may finally be turning the corner after posting mostly losses during its first decade as a publicly held company. The positive results announced Wednesday came after Tesla lost $1.1 b

Read More

Asian shares mixed on caution over China-US trade deal

  • Oct 17, 2019

Asian shares were mixed Thursday after officials signaled work remains to be done on an agreement for a truce in the tariff war between the U.S. and China. Hong Kong led regional gains after its chief executive, Carrie Lam, announced help for the property sector. T

Read More

Looking to hire 30,000, Amazon plans nationwide job fairs

  • Sep 10, 2019

NEW YORK— Amazon is going on a hiring spree. The online shopping giant is holding job fairs across the country next week, aiming to hire more than 30,000 people by early next year, a 5% bump in its total workforce. Amazon is looking for all kinds of workers, from software engineers who can earn more

Read More

Volkswagen bets big on electric. Will consumers buy in?

  • Sep 09, 2019

FRANKFURT, Germany— Volkswagen is rolling out what it bills as the breakthrough electric car for the masses, the leading edge of a wave of new battery-powered vehicles about to hit the European auto market. The cars are the result of massive investments in battery technology and new factories driven by environmental

Read More