Stock markets - world
Facebook Q4 profit tops $1.56 bn as revenue zooms past $5 bn
28 Jan 2016
At $5 billion, Facebook's quarterly revenue is more than what internet giant Yahoo now generates in an entire year
Saudi Arabia may sell stake in oil monopoly Aramco
08 Jan 2016
A potential initial public offering is under review for Saudi Arabian Oil Co, also known as Aramco, whose investment decisions can move crude prices and affect economies around the world
China stock markets recover, end on positive note
08 Jan 2016
Both the CSI300 and the Shanghai Composite Index gained 2 per cent after China’s security regulator suspended the circuit breaker mechanism, saying it had not worked as anticipated
China’s stock markets close in less than 30 minutes
07 Jan 2016
As China’s central bank devalued the yuan yet again to its lowest since August, shares in the troubled stock markets tumbled more than 7 per cent, triggering the circuit breaker
China struggles to shore up stocks, stabilise yuan
05 Jan 2016
China’s central bank pumped nearly $20 billion into currency markets, while the stock market regulator announced it was planning to further restrict share sales after Monday’s meltdown
Dell subsidiary SecureWorks files to go public
18 Dec 2015
World’s biggest pension fund loses $64 bn on stock rout
01 Dec 2015
The fund’s decision last year to invest about 50 per cent in equities, as part of Prime Minister Shinzo Abe’s economic reforms, to generate higher returns for the country’s rapidly growing pension bill, recoiled on it
Volkswagen to cut 2016 capex by $1.1 bn to fix emission flaws
21 Nov 2015
Volkswagen, which braces for a multi-billion-euro hit from its emissions cheating scandal, is set to provide detailed plans to fix vehicles that do not comply with US emissions standards
BASF puts $540 mn steel coatings business for sale
06 Nov 2015
The German chemical company has hired HSBC in helping with the sale process and has opened its steel coatings business books to five industrial players who have shown interest
Toyota half-year profit rises nearly 12%
06 Nov 2015
Despite a decline in global vehicle sales, Japanese auto giant Toyota Motor Corp reported encouraging results for the first half-year ended September, posting a 11.6-per cent jump in net income and 8.9-per cent in revenue compared to the same period last fiscal year
Facebook notches another quarter of record revenues
05 Nov 2015
Stepping up its mobile-adevertising efforts has paid off for Facebook, though most of its revenue continues to come from the US and Canada rather than Asia-Pacific
Trader convicted in first US spoofing case
04 Nov 2015
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