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China stocks rout stings world equities, commodities

Last Updated: Monday, July 27, 2015, 23:58

The biggest rout in Chinese shares in eight years stoked concerns on Monday over slowing growth in the world`s No. 2 economy, knocking down global equities and the prices of key commodities.

Asian slips after tech stocks weigh on Wall Street, dollar rebounds

Last Updated: Thursday, July 23, 2015, 08:40

Tokyo`s Nikkei rose 0.4 percent on a weaker yen, while Australian shares were flat 0.2 percent.

US stocks fall; Apple down 4.9% as earnings disappoint

Last Updated: Wednesday, July 22, 2015, 20:05

A 4.9 percent plunge by Apple following a disappointing earnings report led US stocks lower in early trade Wednesday.

Asian shares mixed, dollar pushes higher

Last Updated: Tuesday, July 21, 2015, 08:32

Tokyo`s benchmark Nikkei 225 index rose 0.43 percent, Hong Kong was up 0.23 percent, Seoul was flat, Sydney gained 0.14 percent, while Singapore edged down 0.06 percent.

Qualcomm may consider breakup: WSJ

Last Updated: Tuesday, July 21, 2015, 07:32

Qualcomm Inc is expected to conduct a strategic review that may result in the breakup of the company, among other options, the Wall Street Journal reported on Monday citing sources.

Wall Street ends flat as commodities weigh

Last Updated: Tuesday, July 21, 2015, 03:41

Wall Street finished little changed on Monday as a better-than-expected start to corporate earnings season boosted investor confidence, but gains were curbed by a drop in commodities.

Morgan Stanley beats estimates as trading revenue jumps

Last Updated: Monday, July 20, 2015, 18:17

Morgan Stanley reported a better-than-expected second-quarter profit on Monday as its business that trades bonds and equities handily outperformed those of its Wall Street rivals.

Nasdaq hits record high; energy weighs on S&P, Dow

Last Updated: Friday, July 17, 2015, 22:20

The Nasdaq composite hit a record high on Friday on strong results from Google, while the Dow and the S&P 500 fell, dragged down by Boeing and energy stocks.

Google shares soar as YouTube growth allays fears over Facebook

Last Updated: Friday, July 17, 2015, 21:16

Google Inc`s shares surged as much as 14.5 percent on Friday, adding nearly $60 billion to its market value, as strong growth in mobile ad revenue allayed concerns its YouTube business could be hurt by Facebook Inc`s push into video.

Wall St opens higher; NYSE trading normal at open

Last Updated: Thursday, July 9, 2015, 19:35

U.S. stocks were sharply higher at the open on Thursday as trading returned to normal at the New York Stock Exchange, a day after the exchange suspended operations for almost four hours due to a technical glitch.

Wall St lower on China fears; NYSE back to business

Last Updated: Thursday, July 9, 2015, 01:23

The US stocks fell more than 1 percent in afternoon trading on Wednesday as market turmoil in China eclipsed Greece`s debt crisis, while trading on the New York Stock Exchange resumed after a three-hour halt.

Apple plans record initial production of new iPhones: WSJ

Last Updated: Wednesday, July 8, 2015, 22:40

The company is asking suppliers to manufacture 85 million to 90 million units of two new models with 4.7-inch and 5-inch displays.