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1 min read

Hong Kong's benchmark stock index just closed in a bear market as China's economy wavers

The Hang Seng Index has tumbled more than 20% from its recent high, with global investors growing m…

Phil Rosen   


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1 min read

Chat platform Discord raises $100 million, hits 140 million monthly users

Chat and communications platform Discord has raised $100 million in its latest H round of funding a…

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2 mins read

Hong Kong stocks leap as Alibaba, Tencent, and Meituan rocket over 20% after China pledges to keep markets stable

Chinese Vice Premier Liu He promised policies that would boost financial markets and spur economic …

Shalini Nagarajan   


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2 mins read

Alibaba, Tencent and other Chinese techs slide in Hong Kong after Didi bows to pressure to delist in New York

Chinese techs in Hong Kong fell after ride-hailing giant Didi bowed to pressure to pull its US off…

Karen Friar   


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6 mins read

If Alibaba and Tencent are rolled into one, it may look a lot like Mukesh Ambani’s Reliance Jio ⁠— only much smaller for now

Now, some see Jio as the next Alibaba, and some see it as India’s Tencent. Or is it both rolled …

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2 mins read

Wipro's Premji invests $80mn in US tech startup that vows to 'put a bullet through Google's head'

Premji Invest, the family office of Wipro's billionaire chairman Azim Premji, has led an $80-millio…

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2 mins read

Stocks are tumbling as Tencent's brutal earnings report reminds traders of Facebook's growth woes

The broader issue at hand is the perception that the mega-cap tech juggernauts so responsible for t…

Joe Ciolli   


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4 mins read

Leaked Emails Suggest Snapchat's CEO Blew A Round Of Funding By 'Offending' Tencent And Asking For $40 Million

1) I 100% understand your perspective on the raise. That said, I would prefer to keep the valuation…

Jay Yarow,James Cook   


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3 mins read

China's chances of staging an economic rebound this year look slim

Experts see a narrow path for Beijing to pull off a rebound as policy remains uncertain and the rea…

Phil Rosen   


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10 mins read

PE and VC investors make a killing in the 2023 bull market

Indian stock markets have appreciated by over 7% in the last one year. The benchmark indices have a…

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2 mins read

China's richest people lost about $13 billion in just one day due to a market sell-off after President Xi Jinping secured a third term

The evaporation in wealth came as investors fear President Xi Jinping's top-down management of the …

Huileng Tan   


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2 mins read

China's richest people lost about $13 billion in just one day due to a market sell-off after President Xi Jinping secured a third term

The evaporation in wealth came as investors fear President Xi Jinping's top-down management of the …

Huileng Tan   


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2 mins read

US stocks rise to finish best week since November as major banks warn of tough times ahead

Stocks finished their best week since November, with traders sidestepping warnings of a coming econ…

Jennifer Sor   


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2 mins read

Hong Kong stocks tank to 14-year low as re-elected Xi's reshuffle sparks worries about China's economic recovery

The selloff in Hong Kong came after President Xi Jinping filled his leadership team with loyalists,…

Huileng Tan   


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1 min read

US stocks rise as key Fed policy meeting kicks off and oil slips on new lockdowns in China

The two-day meeting of the Federal Open Market Committee begins today, with investors eyeing the fi…

Phil Rosen   


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2 mins read

US stocks surge ahead of the Federal Reserve's expected first interest rate hike since 2018

While an interest rate hike is expected, investors will pay close attention to Fed Chair Jerome Pow…

Matthew Fox   


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2 mins read

US stocks climb as investors hope for slower pace of Fed tapering after disappointing jobs report

US nonfarm payrolls grew by 210,000 last month — way below the median forecast of 550,000 jobs from…

Isabelle Lee   


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2 mins read

US stocks trade higher after Fed raises interest rates and investors digest potential for 7 hikes in 2022

The Federal Reserve said it plans to begin reducing its multi-trillion dollar balance sheet later t…

Matthew Fox   


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3 mins read

Global stocks slide for a 3rd day as investor jitters grow over the withdrawal of central bank stimulus

Many Fed officials signalled on Wednesday that central bank asset purchase tapering will get underw…

Shalini Nagarajan   


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2 mins read

Dow jumps 278 points as earnings optimism overtakes economic growth concerns

"We've got all the makings of a choppy market," says a TD Ameritrade strategist as investors juggle…

Carla Mozée