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The US Justice Department is organising meetings with large publishing companies to seek information about how Alphabet Inc’s Google operates in the digital advertising market, according to people familiar with the matter.
HONG KONG: Asian equities rose Friday (Jan 17) as investors, still buoyed by the China-US trade deal, turned their focus to earnings season and the global outlook, while they were also cheered by data indicating China's economy appears to be stabilising.
JAKARTA: SoftBank Group Corp offered to invest US$30bil to US$40bil toward the development of a new Indonesian capital, a senior member of President Joko Widodo’s cabinet said on Friday (Jan 17).
Facebook put the brakes on hosting ads on its WhatsApp messaging service, reportedly getting rid of the team behind it.
HONG KONG (AFP): Asian equities mostly rose Friday as investors, still buoyed by the China-US trade deal, turned their focus on earnings season and the global outlook, while they were also cheered by data indicating China's economy appears to be stabilising.
KUALA LUMPUR: Blue chips chalked up small gains, with Tenaga Nasional among the gainers early Friday, as market sentiment perked up following the record overnight close on Wall Street.
NEW YORK: The S&P 500 rallied through the 3,300 mark for the first time on Thursday and the other main U.S. indexes also surged to record highs, fueled by tech stocks, solid retail sales data and upbeat quarterly earnings from Morgan Stanley.
When Salesforce.com Inc emerged two decades ago, it lashed out at the software establishment: large companies that allegedly locked clients into dated products. Now, a coalition of newer rivals have extended that criticism to the cloud applications pioneer.
NEW YORK (Bloomberg): American equity futures climbed alongside European shares on Thursday (Jan 16) in the wake of the signing of the US-China trade deal, an event that helped drive global stocks to record highs. Bonds fluctuated and the dollar was steady.