Result Page 70 for Latest Markets News & Archive

Markets

Netflix Stocks Continues to Decline

Netflix stocks continues to decline after its rivals Hulu announced ads free streaming and Amazon will offer offline download feature.

Sep 10, 2015 8:10 AM EDT

News

Oil prices finally move up into positive territory

Oil prices finally moved up to positive territory Wednesday with small gains in Asian market due to stronger sentiments from some of the major financial markets in the region.

News

China Changes How to Report GDP to Meet IMF's Standards

In an effort to improve current economic situation, Chinese authority is adopting IMF standard to report their GDP to make sure any changes in the economic will be reflected in the data. The move is also part of China effort to obtain a reserve currency status for Yuan.

Markets

Boeing loses four freighter orders as cargo market weakens

Boeing has lost orders for four 747-8 freighters as the air cargo market weakens amid an economic slowdown. The loss brings to zero the net orders for the iconic jet this year. Despite that, the planemaker says production goes on as planned.

Sunac' ratings unchanged: Moody's

After the strategic partnership with Yurun, there wouldn't be immediate change in Sunac China Holding's ratings, according to rating agency Moody's. Investors of Sunac reacted negatively pushing share price down, while shares of Yurun posted encouraging rise. Sunac's CEO Sun Hongbin stepped down, but will remain as Chairman of the group.

Sep 10, 2015 7:25 AM EDT

Versa Cars Recalled by Nissan

Nissan announced the recall of its Nissan Versa Sedans and Versa Notes due to complaints from its car owners. Federal Regulator demanded the motor company to do something good with the said cars or be liable for fines.

Sep 10, 2015 7:05 AM EDT

Investors withdraw from US Oil Fund amid rising volatility

The high volatility in the global oil market has led to huge offloading in 'The US Oil Fund.' 19.3 mn shares were sold off making it a record weekly redemption since the ETF inception in 2006. global economy slowdown particularly adverse conditions in China market are adding to the volatility in oil price.

Sep 10, 2015 7:01 AM EDT

Free Mobile TV from Verizon

Now, you can watch your favorite show anytime and anywhere with your mobile. Thanks to Verizon and its Go90 service, Verizon customers or not can enjoy watching TV shows such as the National Football League and Food Central to name a few right from their mobile at no charge.

Sep 10, 2015 6:47 AM EDT

After 3 attempts, ICE to launch Singaporean Futures Exchange in November

After withdrawing from launching plans of Singapore Futures exchange for three times, ICE has set a date for launching it on 17 November. It'll offer five five futures contracts in Brent, gasoil, gold and two contracts in Yuan currency.

Sep 10, 2015 5:59 AM EDT

UK Stocks Rises for the Third Day Since Turn of the Week, Glencore Leads Miners Higher

UK stocks rises for the third day closing at 6,2229.01, up 1.35 percent yesterday marking this week as the best week since April

Sep 10, 2015 5:46 AM EDT

Feared Death Cross Can Be Heralding Good Days If History Repeats Itself

Recent Death Cross signals market rallies instead of market crash if history repeats itself. In a chart filled with Equity Bears, the Death Cross becomes one of many investors' worst fears as it poses an ominous market crash.

Sep 10, 2015 5:26 AM EDT

Tesco disposed off South Korean unit to pay its debts

Tesco's debt-laden balance sheet already piled up and Tesco CEO has to do something about it. This forced him to sell the South Korean unit to MBK Partners Ltd to ease the burden of the grocer retailer and focus more on the home store.

Sep 10, 2015 4:33 AM EDT

Tesco checking out overseas ventures

With debt burden mounting to GBP 21.7bn, The world's third largest retailer has been forced to offload its overseas ventures gradually.

Sep 10, 2015 3:35 AM EDT

Surfwear Chain Quiksilver Inc. files for bankruptcy, Plans to Give control to Lender Oaktree Capital Management LP

Surfwear chain Quicksilver Inc. filed for bankruptcy and plans to hand control over to Oaktree Capital Management LP.

Sep 10, 2015 3:32 AM EDT

China puts circuit breakers to keep tabs on volatility

Alerted by increased market volatility, Chinese government is in the process of implementing circuit breakers that would suspend trading in a stock if it moves over five percent either direction. If index falls or gains 10 percent or more, then trading will be halted for the day, according to draft regulation. Shanghai index unexpectedly rose in the last five minutes of trading following the news that major infrastructure projects have been approved.

Sep 10, 2015 3:30 AM EDT