Earnings pitfall awaits Meituan, Alibaba stock buyers as China lockdown blunts spending

Investors rushing back into Chinese technology stocks on recent market upgrades face a pitfall in the form of weak corporate earnings. The latest results from Tencent Holdings and JD.com show it may still be a falling-knife market.

Tumbling U.S. stocks stoke recession fears: Sky News

LONDON, May 20 (Xinhua) -- U.S. stock markets saw their biggest daily losses since June 2020 on Wednesday and it has stoked a panic over the prospects for an inflation-fueled recession, Sky News reported on Thursday.

Asian shares drop sharply as they track Wall Street's inflation-fuelled retreat

Shares dropped sharply in Asia on Thursday after a broad retreat on Wall Street triggered by dismal results from major retailer Target that added to worries over persisting high inflation.

US plunge sends domestic shares lower

KUALA LUMPUR: The domestic market opened weaker on Thursday as the plunge on Wall Street overnight revived fears of slowing economic growth due to rising inflation in global markets.

Bursa boosted by improved sentiment

Analysis-Why Twitter has ignored Elon Musk's 'trolling'

(Reuters) -A unilateral pronouncement that the acquisition of Twitter Inc is "on hold". Fierce criticism of the social media company's handling of spam accounts. A "poop emoji" directed at Twitter's chief executive, Parag Agrawal.

Bursa maintains rally ahead of peak reporting season

KUALA LUMPUR: The domestic market continued its rally after the Wesak day holiday as investors looked forward to a raft of corporate earnings to be announced over the next two weeks.

Elon Musk says US$44bil Twitter deal on hold over fake account data

Elon Musk tweeted on Friday that his $44-billion cash deal for Twitter Inc TWTR.N was "temporarily on hold" while he waits for the social media company to provide data on the proportion of its fake accounts.

Musk says $44 billion Twitter deal on hold over fake account data

(Reuters) - Elon Musk tweeted on Friday that his $44-billion cash deal for Twitter Inc was "temporarily on hold" while he waits for the social media company to provide data on the proportion of its fake accounts.

Explainer-Can Elon Musk renegotiate a lower price for his Twitter deal?

(Reuters) - Twitter Inc shares have plunged to their lowest level since the social media company agreed to sell itself to Elon Musk for $44 billion on April 25, raising questions over whether the world's richest person will try to renegotiate the deal.