World

The recent quarterly reports from major Chinese companies emphasize the need for meticulous stock selection in the local market. According to Lorraine Tan, director of Asia equity research at Morningstar, there has been noticeable outperformance among specific companies, indicating a trend where weakness is more prevalent across the board. She points out that the companies
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On Wednesday, Asian markets experienced a downturn following a halt to the eight-day winning streak of U.S. benchmark indexes, the S&P500 and the Nasdaq Composite. The S&P 500 dropped by 0.2%, while the Nasdaq Composite fell by 0.33%. Additionally, the Dow Jones Industrial Average saw a decrease of 0.15%. Japan’s trade data for July revealed
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Last week, Wall Street had its best week of 2024 as it recovered from a previous rout earlier in the month. The S&P 500 surged nearly 3.9%, bringing it close to its July high, while the Nasdaq Composite saw an even more impressive gain of 5.2%. On the other hand, the Dow Jones Industrial Average
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Ukraine’s State Emergency Service reported a Russian missile attack in the city of Sumy that resulted in a blaze, injuring two individuals and causing damage to cars and nearby buildings. This attack, involving an Iskander-K cruise missile and an aerial bomb, marks a continued assault on Ukraine by Russia despite Ukrainian forces making advancements into
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Deutsche Bank, a German lender, has been embroiled in a long-running legal battle over its acquisition of German retail banking giant Postbank in the late 2000s. The crux of the challenge against the bank is that it underpaid for the acquisition, leading to a legal battle spanning over a decade. The proposed settlement put forward
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