April 19 (Reuters) – Australian shares are expected to open higher on Monday and are on track to approach record levels, after positive corporate earnings and upbeat economic data sent Wall Street to fresh peaks on Friday. The local share price index futures rose 0.5%, a 7.5-point premium to the underlying S&P/ASX 200 index close.…
A Saudi trader observes the stock market on monitors at Falcom stock exchange agency in Riyadh, Saudi Arabia February 7, 2018. REUTERS/Faisal Al NasserMajor Gulf stock markets ended mixed on Sunday, with Qatar registering sharp losses following a surge in the previous session when it removed a cap on foreign ownership, while blue-chip Egyptian shares…
Washington Nationals right-hander Erick Fedde matched his career high of nine strikeouts over five innings and Yan Gomes had three hits, including a home run, in a 6-2 win over the visiting Arizona Diamondbacks on Saturday.Fedde (1-1) scattered five hits and allowed a walk. The lone run the right-hander allowed was Kole Calhoun’s first of…
Apr 15th 2021FacebookTwitterLinkedInWhatsAppIN THE DECADES after the second world war carmakers were the undisputed champions of the personal-transport economy. Competition and economies of scale made cars affordable to millions of motorists in industrialised countries. In the 1980s and 1990s the likes of General Motors (GM) and Toyota boasted some of the world’s richest market capitalisations.…
Digital banking app Revolut is on track for a new fundraising that will value the company at more than $10 billion, Sky News reported on Saturday.The London-based financial technology startup is lining up FT Partners, a U.S.-based fintech-focused investment bank, as its adviser on the new funding, which is expected to take place after the…
EditorsNote: fixed Nelson’s record in final grafMichael Wacha pitched six sharp innings of one-hit ball as the visiting Tampa Bay Rays capitalized on shoddy defense by the New York Yankees and recorded an 8-2 victory Friday night at frigid Yankee Stadium.Wacha (1-1) only allowed a single to Gio Urshela in the second inning and three…
A man walks past a stock quotation board at a brokerage in Tokyo, Japan February 26, 2021. REUTERS/Kim Kyung-HoonA batch of Chinese and U.S. economic data helped underpin global stocks near record highs on Friday, as investors priced in a solid global recovery from the coronavirus-induced slump.In Asia, markets were largely steady after China reported…
Apr 8th 2021HONG KONGFacebookTwitterLinkedInWhatsAppEditor’s update: on April 10th Chinese authorities fined Alibaba 18.2bn yuan ($2.8bn) following an antitrust investigation. The firm is accused of pressuring retailers into offering their goods exclusively on its online store. It is the largest penalty ever handed down by the country’s regulators.CHINA’S TECH tycoons have not been themselves lately. In…
Apr 10th 2021SAN FRANCISCOFacebookTwitterLinkedInWhatsAppONE OF SILICON VALLEY’S most successful inventions is hype. It usually disappoints. In 2015 live-streaming from smartphones became all the rage. But Meerkat, an app which pioneered it, shut down the following year. On April 1st Periscope, its more successful rival, did too (no joke). Will Clubhouse, a buzzy app that hosts…
* India shares down 3%, rupee lowest since August * South Korean won, Thai baht weaken 0.5% each * Shares in Singapore, Malaysia, Indonesia slip * Indonesian rupiah at its lowest since November By Sameer Manekar April 12 (Reuters) – Asian currencies weakened and equities declined on Monday, with South Korean won, Indian rupee and…
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