Major Hong Kong tech shares also tumbled, with AI-exposed stocks logging heavy losses. Baidu Inc (HK:9888) slid 7.3%, Alibaba ...

Tech-heavy Asian bourses were the worst performers for the day, led by a near 4% tumble in South Korea’s KOSPI. Heavyweight ...

Services were a point of support, with the S&P Global services PMI remaining at 53.1 in November, the same as October. This helped Japan’s composite PMI rise to 52.0 in November from 51.5 in October.

A core reading that excludes both fresh food and energy prices, and is closely watched by the BOJ as a gauge of underlying ...

MTI said it now expects 2025 GDP to grow “around 4.0%,” compared with its previous 1.5–2.5% forecast, citing stronger-than-expected global conditions, resilient trade flows, and a surge in demand for ...

BYD has established itself as the benchmark for Chinese EV investments, offering a rare combination of growth and profitability that sets it apart from competitors. With a net income margin of 5.2% ...

Investing.com -- Fitch Ratings has downgraded New Fortress Energy Inc. ’s Long-Term Issuer Default Rating to ’RD’ from ’CCC’ ...

NVIDIA’s accounts receivables in the quarter grew to $33.391 billion from $23.065 billion. Also pointed out by bears was that for the quarter, four direct customers had sales greater than 10% of total ...

Investing.com -- A planned $20 billion bailout for Argentina from JPMorgan Chase, Bank of America and Citigroup has been shelved in favor of a smaller, short-term loan package to support the ...

Gap comparable sales rose 5% in Q3, driven by strong growth at Old Navy, Gap and Banana Republic. The company raised the lower end of its full-year fiscal 2025 net sales growth guidance to 1.7% to 2% ...

The maker of TurboTax and QuickBooks posted Q1 non GAAP EPS of $3.34, above analysts’ estimate of $3.09. Revenue rose 18% to ...

Ross reported third-quarter earnings per share of $1.58, surpassing the consensus estimate of $1.41 and up from $1.48 a year ...