Asia Archives - Page 36 of 119

2 minute read

Asia Markets Up, Europe Falls, While Crude Oil And Gold Gain – Global Markets Today While US Was Sleeping

January 9, 7:22 AM

On Monday, January 8th, the U.S. stock markets closed higher, with Nasdaq Composite gaining +2%, spurred by falling Treasury yields boosting large-cap stocks.

ADIV

2 minute read

Nio Stock: Goldman Sachs Initiates Coverage Citing ‘Potential Cost Tailwinds’

By Surbhi Jain

January 8, 2:54 PM

Goldman Sachs initiated coverage on NIO stock citing its early mover advantage, potential growth concerns due to declining market share. PT $8.40 per share.

BYDDF

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Israel-Hamas War Reaches 3-Month Mark: International Efforts Intensify For Resolution As Tensions Escalate

By Piero Cingari

January 8, 9:59 AM

Israel-Hamas Conflict enters 94th day; G7 seeks rapid end to military phase; US Sec. of State Blinken on Middle East tour; Israeli strategy shift; Market Impact

EIS

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Asia And European Markets Fall, Crude Oil Drops Almost 3% – Global Markets Today While US Was Sleeping

By Akanksha Bakshi

January 8, 7:19 AM

On Friday, January 5th, the U.S. stock markets experienced a modest uptick at the close, yet this slight gain was insufficient to offset the S&P 500 and Nasdaq Composite's weakest weekly opening in several months for the start of 2024.

ADIV

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China Evergrande’s EV Unit Faces Share Decline After Executive’s Arrest

By Benzinga Neuro

January 8, 4:50 AM

The electric vehicle manufacturing subsidiary of China Evergrande, a property developer, witnessed a 23% decline in shares on Monday following the disclosure of the detention of its vice chairman.

EGRNF

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Shaky Start To 2024 For US Stocks, Apple Analyst Downgrades, Strong Labor Market: This Week In The Markets

By Piero Cingari

January 5, 5:02 PM

Wall Street recorded losses this week driven by profit-taking, analyst warnings and geopolitical tensions.

AAPL

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Chinese Court Accepts Wealth Manager Zhongzhi’s Bankruptcy Appeal Amid Property Market Turmoil

By Benzinga Neuro

January 5, 8:07 AM

Zhongzhi, in a letter to its investors in November, had admitted to being heavily insolvent with a debt of around $64 billion.

BABA

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Asia Markets Mixed, Europe Declines, Crude Oil At $72.5 – Global Markets Today While US Was Sleeping

By Akanksha Bakshi

January 5, 7:44 AM

On Thursday, January 4th, the U.S. stock markets closed mixed, with the S&P 500 and Nasdaq Composite continuing the downward trend.

ADIV

2 minute read

China’s Bold New Energy Strategy: NEVs To Provide Tens Of Millions Of Kilowatts To The Grid

By Benzinga Neuro

January 4, 8:46 AM

By 2025, China intends to set up a technical standard system for vehicle-grid interaction, fully implementing a tariff mechanism for charging during idle hours.

NIO

2 minute read

Asia Markets In Red, Europe Green, While Crude Oil And Gold In Rise – Global Markets Today While US Was Sleeping

By Akanksha Bakshi

January 4, 7:34 AM

On Wednesday, January 3rd, the U.S. stock markets closed lower amid profit-taking and lackluster response to the Federal Reserve's December meeting minutes.

ADIV