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
My stomach is doing somersaults.
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.
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.
Tech stocks began Monday in positive fashion as the sector looked to regain momentum after slipping at the end of last week.
One British passenger has died and dozens more were injured when the flight hit extreme turbulence over Bay of Bengal
The plane was forced to emergency land in Bangkok with dozens of other passengers injured
Bitcoin and other cryptocurrencies were falling Monday, with the crypto sector’s momentum still highly dependent on flows into exchange-traded funds. The largest cryptocurrency hit a record high near $74,000 in mid-March amid a surge of interest from new spot Bitcoin exchange-traded funds (ETFs) but its price has dropped since then.
A big barrier is erected as local residents accuse tourists of dropping litter and parking illegally.
Everyone should be investing a good portion of their income. It's one of the key ways to build wealth (if you need an example, just look at multibillionaire Warren Buffett, who built much of his net...
The Fed's goal of keeping rates high until inflation falls to 2% has significant implications for consumers, investors and the U.S. economy.
Singapore Airlines Flight SQ321 was about 10 hours into its journey from London to Singapore when the incident occurred, resulting in the death of one passenger
BABA, ASGN and BGS have been added to the Zacks Rank #5 (Strong Sell) List on May 20, 2024.
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.
A crucial earnings report from AI leader Nvidia greets a stock market that hit new records last week.
Solaris Resources has scrapped plans to sell a minority stake to China's Zijin Mining Group because it feared the deal was unlikely to meet Canada's stringent foreign- investment standards in a timely manner, the Canadian company said on Tuesday. In January, Solaris announced plans to sell a 15% stake in the company to state-owned Zijin for C$130 million ($95 million)to help develop its Warintza copper project in Ecuador.