Apple’s Asia suppliers fall amid fears of weak iPhone sales
Shares in Asian suppliers and assemblers for Apple Inc fell on Tuesday due to profit warnings that point to weakness in iPhone sales.
Australian court rejects regulator’s record fine against Westpac
An Australian court refused on Tuesday to approve a record A$35 million ($25 million) fine imposed on Westpac Banking Corp by the corporate regulator for using inappropriate calculations to determine if customers could afford home loans.
Asian shares sell-off on Wall Street tech rout, oil slides
Asian shares skidded on Tuesday, pressured by a tech rout on Wall Street and a slump in oil prices, while political risks in Europe buoyed the dollar as investors dumped riskier assets.
Asian shares falter, dollar at 16-month peak on Europe, Brexit woes
Asian shares stumbled on Tuesday after a rout in tech stocks inflicted a hefty sell-off on Wall Street, while the dollar hit a 16-month peak on safe haven bets amid political risks in Europe and acrimonious Sino-U.S. trade relations.
Trade war and censors blow chill wind through China’s giant tech scene
Wang Miaoyi’s small one-bedroom apartment, which doubles as her design studio, is overflowing with game magazines, figurines and boxes of sci-fi novels.
Wall Street tumbles, S&P falls as much as 2 percent
Wall Street’s major indexes fell on Monday, with the S&P 500 sliding 2 percent, weighed by technology and financial stocks as shares of Apple Inc and Goldman Sachs Group Inc came under pressure.
Apple, Goldman Sachs send Wall Street tumbling
Wall Street’s major indexes tumbled on Monday as shares of Apple Inc and Goldman Sachs Group Inc dragged down the technology and financial sectors.
Global stocks sell off as tech tumbles; dollar hits 16-month high
U.S. and European stocks fell sharply on Monday, with tech stocks in both regions getting hammered, while the U.S. dollar surged to its highest point in 16 months against a basket of currencies amid concern about European political risks.
General Electric seeks urgent asset sales as bond fears rise
General Electric Co will sell assets with “urgency” to reduce its high debt, Chief Executive Officer Larry Culp said on Monday, as GE shares tumbled as much as 10 percent and the cost of insuring its debt hit a six-year high.
U.S. crude ends lower for record eleventh consecutive session
U.S. crude prices fell for the 11th consecutive session, the most on record since the contract began trading, retreating from a rally early in the session as U.S. President Donald Trump said he hoped there would be no oil output reductions.
