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Business
Wall Street gains on Amazon boost but rate caution tempers enthusiasm
The S&P 500, the Nasdaq Composite and the Dow boasted weekly gains and their longest monthly winning streaks in years.…
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Business
Asian markets mostly up on heels of Apple, Amazon earnings
The Nikkei rose over 1% despite Nissan shares plunging nearly 8% after the automaker warned of an operating loss. (AP…
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Business
Sales of ‘services’ help Apple beat earnings forecasts
Overall iPhone sales, the core of Apple’s business, fell short of expectations, generating US$49 billion, up from the same quarter…
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Business
Stocks mostly fall as investors digest Trump-Xi talks, earnings
Anticipation of the US-China meeting lifted stocks to record highs, but momentum faded as Wall Street indices retreated. (AP pic) …
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Business
Samsung posts 32% profit rise on-year in third quarter
Samsung Electronics’ Q3 operating profit surged year-on-year to US$8.5 billion, fuelled by record memory chip sales. (AP pic) SEOUL: South…
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Business
Google parent Alphabet posts first US$100bil quarter as AI drives growth
Google’s Q3 revenues climb 16% to US$102.3 billion, marking a milestone for the company founded by Larry Page and Sergey…
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Business
Wall Street futures rise as Nvidia eyes US$5tril market cap
Dow E-minis rose 0.13%, S&P 500 E-minis gained 0.25% and Nasdaq 100 E-minis added 0.42%. (EPA Images pic) NEW YORK:…
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Business
UK drugmaker GSK lifts 2025 guidance despite US tariffs
GSK revealed it planned to invest US$30 billion in the US over the next five years. (EPA Images pic) LONDON:…
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Business
Wall Street futures pause with focus on earnings rush, Fed decision
AI has been a major driver of Wall Street’s bull-market rally that marked its three-year anniversary this month. (AP pic)…
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Business
HSBC profit falls in third quarter, hit by legal woes
The Hong Kong and Shanghai Banking Corporation’s (HSBC) logo seen in the financial district of Singapore. (EPA Images pic) HONG…
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