Financial Performance
Global stocks mostly rise amid upbeat corporate earnings
Apr 24, 2018

Global stocks mostly rise amid upbeat corporate earnings

Global stocks are mostly higher as company earnings reports continue to largely beat expectations, suggesting the economy remains strong despite concerns about trade...

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Chipmaker SK Hynix reports 64 percent jump in 1Q earnings
Apr 24, 2018

Chipmaker SK Hynix reports 64 percent jump in 1Q earnings

SK Hynix Inc. says its first-quarter net profit has surged 64 percent over a year earlier thanks to robust memory chip prices...

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At war with Alibaba: Top brands fight China e-commerce giant
Apr 23, 2018

At war with Alibaba: Top brands fight China e-commerce giant

Executives tell AP their companies were punished by Alibaba after they refused to enter exclusive partnerships with the Chinese e-commerce giant, which denies wrongdoing...

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Amid trade rift, China to allow full foreign auto ownership
Apr 17, 2018

Amid trade rift, China to allow full foreign auto ownership

China says it will allow full foreign ownership of auto manufacturers in five years, ending restrictions that helped to fuel its escalating trade dispute with U.S. President Donald Trump...

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Global stocks turn higher on upbeat corporate earnings
Apr 17, 2018

Global stocks turn higher on upbeat corporate earnings

Global shares are mixed amid persisting worries over trade tensions between China and the U.S....

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Indonesia credit rating upgraded by Moody's
Apr 13, 2018

Indonesia credit rating upgraded by Moody's

Moody's has upgraded Indonesia's credit rating due to increased confidence the government will maintain its recent track record of responsibly managing the national budget and interest rate policy...

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Samsung Electronics estimates 56 percent jump in profit
Apr 6, 2018

Samsung Electronics estimates 56 percent jump in profit

Samsung Electronics says its first-quarter operating profit likely jumped 56 percent to a record high...

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Huawei reports strong sales push 2017 profit up 28.1 percent
Mar 30, 2018

Huawei reports strong sales push 2017 profit up 28.1 percent

Chinese smartphone and telecoms equipment maker Huawei says its 2017 profit rose 28.1 percent...

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Cathay Pacific Airways loss doubles on intense competition
Mar 14, 2018

Cathay Pacific Airways loss doubles on intense competition

Hong Kong airline Cathay Pacific says annual loss more than doubles because of relentless competition from rival carriers and rising fuel costs...

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Finance minister says China can handle government debt risks
Mar 7, 2018

Finance minister says China can handle government debt risks

China's finance minister has tried to defuse concern over its rising debt, saying government borrowing is below danger levels and regulators can prevent financial system risks...

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