Norwegian Cruise Line Stock Sinks After Earnings Beat, Guidance Hiked. Here’s Why.
The company needed a stellar quarterly report Wednesday to fend off market skepticism toward the sector.
The company needed a stellar quarterly report Wednesday to fend off market skepticism toward the sector.
A Singapore Airlines passenger has died and 71 others were injured after the plane encountered extreme turbulence during a flight from London to Singapore on Tuesday. Boeing 777-300ER, carrying 211 passengers and 18 crew members, was about 10 hours into the flight to Singapore when turbulence occurred over Myanmar, leaving a 73-year-old British man dead and six others suffering serious injuries. Photos and videos of the incident have been shared on social media, and passengers have recalled the terrifying moments on the airplane.
China has been pushing for businesses to leave the door open for customers to use cash, with foreigner visitors saying they're struggling to spend.
Plane passengers feel they've found the ultimate in-flight sleep position, but experts strongly advise against it
We highlight four stocks that recently upped their dividends. The post 4 Singapore Stocks That Raised Their Dividends appeared first on The Smart Investor.
Company says losses are result of recent merger but share price has dropped 13.2% since Friday
Global hedge funds added to their holdings of Chinese equities for a fourth straight week, joining hordes of investors trying to get ahead of a rebound in the market. Hedge funds bought Chinese stocks in the past seven out of eight weeks, Goldman Sachs prime brokerage team said in a note on Friday, seen by Reuters on Tuesday. China markets have unexpectedly outperformed world's major markets so far this year with Hong Kong's Hang Seng Index up by a third from its nadir in January.
My stomach is doing somersaults.
Power Corporation of Canada (Power Corp) has shut its China investment unit and dismissed all staff, said two people briefed on the matter, becoming the latest Western financial firm to pull back amid the country's economic challenges. Power Sustainable, which is the asset management arm of Power Corp and manages $4.5 billion of assets globally, started laying off all of its 17 local staff in recent weeks as it moved towards shutting down the Shanghai-based unit, said the people. Economic slowdown has seen many of the Western financial firms that scrambled to expand China operations a few years ago take a hit on their earnings and rein in their ambitions for what was a key piece of their global growth strategy.
One British passenger has died and dozens more were injured when the flight hit extreme turbulence over Bay of Bengal
One person died and 30 were injured aboard the flight from London Heathrow to Singapore
The plane was forced to emergency land in Bangkok with dozens of other passengers injured
Tech stocks began Monday in positive fashion as the sector looked to regain momentum after slipping at the end of last week.
A Japanese town mounted a large mesh barrier at a popular viewing spot for Mount Fuji on Tuesday, in an attempt to deter photo-taking by an ever-growing number of tourists.Residents near other popular photo spots in the region, including the so-called Fuji Dream Bridge, have also reportedly complained about overtourism in recent weeks.
The stock rebounded from a Monday loss sparked by disappointing results from Li Auto. XPeng’s earnings were surprisingly strong.
XPeng stock rose Tuesday after the Chinese electric-vehicle maker reported better-than-expected first-quarter numbers. A year ago, XPeng reported a per-share loss of 38 cents on sales of $573 million. Quarterly gross profit margins were about 13%, up about 11 percentage points year over year and about two percentage points better than analysts’ forecasts.
Geoffrey Kitchen named as man who died on flight SQ321 from Heathrow that was forced to make an emergency landing in Thailand on Tuesday
Despite a strong start to the year for stock markets, investors in Starbucks (NASDAQ:SBUX) have been left bitterly disappointed with its shares down by approximately 20% at the time of this writing. After the earnings miss, Laxman Narasimhan, the new CEO of Starbucks, appeared on Jim Cramer's Mad Money to try and explain both the results and the company's path forward. Don't Miss: Startup behind ‘the #1 free contractor app' grows 162% YoY, opens its doors for investors at a $100 minimum. Invest
Malaysia’s economy grew faster than initially estimated in the first quarter, driven by private spending and a rebound in exports.
The traditional ways to plan for your retirement may mean income can no longer cover expenses post-employment. But what if there was another option that could provide a steady, reliable source of income in your nest egg years?
A Singapore Airlines flight hit such violent turbulence that 70 passengers were injured, and one died. Is there no way to avoid clear-air turbulence?