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HONG KONG, China (AFP) — Asian markets were mixed Tuesday as focus turned to the US midterm elections, which could impact Donald Trump’s presidency, while Apple suppliers were hit by reports the tech titan had cancelled plans to ramp up output of its new iPhone. The US goes to the polls in the first major electoral test for Trump since he took the White House and embarked on an “America First” agenda that has split […]
NEW YORK, United States (AFP) — Stock markets on both sides of the Atlantic held steady on Monday as cautious investors eyed the upcoming US midterm elections, the resumption of Washington’s sanctions on Iran and brewing fiscal fears in Italy. Wall Street stocks finished mostly higher on the eve of the key vote, with the Dow and S&P 500 both notching solid gains, even as the Nasdaq pulled back. The mixed-bag session on Wall Street […]
HONG KONG, China (AFP) — Asian markets fell Monday after Donald Trump’s top economics adviser downplayed the chances of a quick deal to end the China-US trade war, taking the wind out of the sails of last week’s rally. The US leader fueled a surge in the region’s equities Friday by tweeting that he had held positive talks with Chinese President Xi Jinping, before a report said he had even asked officials to draw up […]
HONG KONG, China (AFP) — Asian markets mostly fell Monday after Donald Trump’s top economics adviser took the wind out of their sails by downplaying the chances of a quick deal to end the China-US trade war. The US leader fuelled a blistering rally in the region Friday by tweeting that he had held positive talks with Chinese President Xi Jinping, before a report said he had even asked officials to draw up a draft […]
by Douglas Gillison Agence France Presse WASHINGTON, United States (AFP) — The US economic engine delivered another jolt of good news as Republicans battle to maintain control of Congress in next week’s midterm elections, churning out jobs and giving workers a fat pay bump, government data showed Friday. The economy brushed past Hurricane Michael, adding 250,000 net new positions in October and handily overshooting forecasts, while salaries rose at the fastest pace in nearly […]
by Glenn CHAPMAN Agence France-Presse SAN FRANCISCO, United States (AFP) — Apple on Thursday delivered blockbuster earnings, but saw shares punished after a disappointing holiday season forecast and word that it will stop reporting how many iPhones it sells. The California-based technology giant makes most of its money from iPhones, and sales numbers have been seen as a bellwether of the company’s fortunes. Apple shares dove 6.5 percent to $207.78 in after-market trades following the […]
TOKYO, Japan (AFP) — Tokyo stocks opened higher on Friday extending rallies in New York, as investors watched corporate earnings reports and awaited key US jobs data. The benchmark Nikkei 225 index was up 0.39 percent or 83.95 points at 21,771.60 while the broader Topix index was up 0.23 percent or 3.17 points at 1,635.76. “Tokyo share trading in early hours is seen dominated by purchases, helped by a tailwind from gains in US shares,” […]
HONG KONG, China (AFP) — Most Asian markets posted healthy gains Thursday, tracking another rally on Wall Street, with Hong Kong and Shanghai leading the way following a Chinese pledge to support the world’s number two economy The healthy gains to kick off November come as dealers look to put behind them one of the worst months in recent years, which saw billions wiped from valuations and confidence battered. While markets still face myriad problems, […]
By Caesar Vallejos Eagle News Service An underwater 3D geospatial mapping and analytics startup was adjudged the winner of Pitch Haifa, a competition for innovative technology-oriented startups organized by the Embassy of Israel and the Israel Chamber of Commerce and Industry in the Philippines. As the sole winner in the pitch competition held at the QBO Innovation Hub last October 24, 2018, Aaron Hilomen of Antipara Exploration will participate in the Start Haifa 2018 in […]
by Jung Hawon Agence France-Presse SEOUL, South Korea (AFP) — Samsung Electronics on Wednesday posted record quarterly operating and net profits as solid demand for its memory chips cushioned the fallout from slowing smartphone sales — but warned of tougher times ahead. The South Korean tech giant — the world’s top maker of smartphones and memory chips — has recovered from a series of setbacks, including a humiliating recall and the jailing of its de […]
HONG KONG, China (AFP) — Asian markets staged a rare rally Wednesday following a bounce on Wall Street, with attention turning to the release of key US jobs data later in the week. However, while investors briefly have a spring in their step, a mountain of problems — from China-US trade tensions and Brexit, to Chinese weakness and rising US interest rates — is keeping optimism at a premium. October has been a painful month […]
by Glenn CHAPMAN Agence France Presse SAN FRANCISCO, United States (AFP) — Facebook reported Tuesday that its quarterly profit climbed in the recently ended quarter, but the world’s leading social network — mired in a spate of controversies — gained fewer users than analysts had expected. The company said profit had climbed nine percent to $5.14 billion on revenue that leaped 33 percent to $13.7 billion in the quarter that ended September 30. The number […]
