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NEW YORK: Wall Street dropped on Friday, and also finished the week lower, after a Chinese agriculture delegation canceled a planned visit to Montana, dampening optimism about U.S.-China trade talks
NEW YORK: The S&P 500 ended marginally higher on Wednesday after Federal Reserve policymakers cut interest rates by a quarter of a percentage point, as expected, but gave mixed signals about their next move.
HONG KONG: Chinese startup Kuaishou is considering to go public in the US to bankroll its expansion in short videos and fend off competition from TikTok owner ByteDance Inc, according to people familiar with the matter.
NEW YORK: Wall Street moved higher on Wednesday, led by tariff-sensitive technology and industrial stocks after China extended an olive branch ahead of next month's trade negotiations with the United States.
NEW YORK: The S&P 500 ended little changed on Tuesday, with a rally in energy and industrial shares countering a drop in the technology and real estate sectors as investors favoured value over growth.
WASHINGTON: Attorneys general from 48 U.S. states, the District of Columbia and Puerto Rico formally opened an antitrust probe on Monday into Alphabet's Google , in a sign of growing government scrutiny of U.S. technology giants.
SHANGHAI: Alibaba Group has agreed to buy e-commerce business Kaola from Chinese gaming company NetEase for US$2bil, adding a platform that specialises in supplying curated luxury goods from abroad to domestic consumers.
Globally, countries have been racing to get wired. Strong data connections for the masses have long been seen as a means to boost economic activity in the digital age. Consider what is happening in India.
After some delays, Malaysia is set to switch off its free-to-air analogue TV broadcasting service in less than two months.
NEW YORK: After years of longing, Hasbro Inc. can finally call itself a full-fledged entertainment company.