Asia Archives - Page 107 of 119

2 minute read

Warren Buffett-Backed Chinese Automaker’s H1 Profit More Than Triples Despite Inflation Pressures

August 29, 9:30 PM

China's BYD Co Ltd (OTC: BYDDF) reported first-half gross profit that more than tripled to nearly 3.6 billion yuan ($521 million), driven by rapid growth in sales volume that helped it partially offset inflationary pressure from raw materials.

BRK-A

5 minute read

China, U.S. Stock Regulators Hope New Agreement Will Succeed Where Others Haven’t

By The Bamboo Works

August 29, 10:26 AM

Key Takeaways:

CQQQ

2 minute read

Alibaba, Nio, XPeng Fall Over 1%: Hang Seng Shows Some Resilience After Wall Street Plunge

By Bhavik Nair

August 28, 10:31 PM

Hong Kong shares showed a bit of resilience at the open on Monday, with the benchmark Hang Seng Index falling just 1%, despite a significant plunge in all major U.S. indices on Friday driven by Federal Reserve Chair Jerome Powell’s comments on the economic outlook.

BABA

2 minute read

Bill Gates Is ‘So Grateful’ To This Nation For Helping To Fight Three Deadly Diseases

By Shanthi Rexaline

August 28, 9:11 AM

Microsoft Corporation (NASDAQ: MSFT) co-founder Bill Gates has been into philanthropy and furthering global causes ever since he gave up his role at the company.

MSFT

1 minute read

Russians Plan To Enter The Crypto Market And Evade Restrictions

By Marcus Sotiriou

August 26, 12:37 PM

Bitcoin (CRYPTO: BTC) is being sold off ahead of today’s Jackson Hole symposium, as mentioned in yesterday’s market commentary.

BTC

2 minute read

Singapore Intensifies Scrutiny Of Companies Working With Cryptos Like Bitcoin, Ethereum, Dogecoin

By Bhavik Nair

August 26, 6:49 AM

Singapore is intensifying its scrutiny of cryptocurrency-related companies ahead of planned regulatory changes with the Monetary Authority of Singapore (MAS) sending a detailed questionnaire to some applicants and holders of its digital-payments license,

$DOGE

2 minute read

Alibaba, JD, Nio Shoot Up Over 2%: Hang Seng Shadows Firmer Wall Street Ahead Of Powell’s Jackson Hole Speech

By Bhavik Nair

August 25, 10:12 PM

Hong Kong stocks opened higher on Friday, tracking an upbeat Wall Street session overnight, as investors braced for U.S. Federal Reserve Chair Jerome Powell’s speech at the Jackson Hole summit due later in the day.

BABA

1 minute read

PetroChina Posts Record H1 Profit On Surging Oil Prices: Here Are The Dividend Details

By Bhavik Nair

August 25, 9:03 PM

Chinese oil giant PetroChina Company Ltd (NYSE: PTR) has posted record profits in the first half of 2022, led by an increase in oil output coupled with a price rise in the commodity over geopolitical tensions.

PTR

2 minute read

Baidu Stock Takes Off As China’s Tech Sector Soars On Stimulus, Regulatory Cloud Lifts: What To Watch

By Melanie Schaffer

August 25, 2:51 PM

Baidu, Inc (NASDAQ: BIDU) was surging over 8% higher on Thursday on the alignment of a number of positive catalysts affecting the stock.

BIDU

2 minute read

Indian Billionaire Adds Nearly $1B In A Day, Outperforming Musk, Bezos Combined

By Navdeep Yadav

August 25, 7:52 AM

Indian billionaire Gautam Adani added nearly $1 billion in a single day after his conglomerate Adani Group announced that it would snap a majority stake in New Delhi Television (NDTV).

AMZN