Hong Kong’s Hang Seng index leads losses as Asia stocks fall

SINGAPORE — Most Asia-Pacific markets fell sharply on Thursday morning after heavy losses on Wall Road in a single day. Hong Kong’s Grasp Seng index led losses regionally, falling 2.72% in morning commerce. Shares of Chinese language tech behemoth Tencent plunged 7.55% after reporting that its quarterly revenue halved. Different Chinese language tech shares in […]
Read more

Emirates Airline, stung by soaring fuel prices, posts $1.1 billion dollar loss

Plane operated by Emirates, at Dubai Worldwide Airport within the United Arab Emirates. Christopher Pike | Bloomberg | Getty Photos Dubai’s Emirates Airline narrowed its losses to $1.1 billion within the 12 months to March, at the same time as hovering jet gas prices threaten to overshadow a restoration in journey demand.  The world’s largest lengthy haul provider stated income jumped 91% to […]
Read more

South Africa’s economy threatening downturn

DURBAN, South Africa – April 16, 2022: Large particles on the Durban harbor following heavy rains, mudslides, rain and winds in Durban. The harbour serves as a bulwark for the financial system of town of Durban. RAJESH JANTILAL/AFP through Getty Pictures South Africa’s financial system picked up momentum within the first quarter of the 12 […]
Read more

investors look ahead to U.S. inflation data for April

LONDON — European shares closed greater Wednesday, with buyers largely shrugging off hotter-than-expected inflation knowledge out of the U.S. The pan-European Stoxx 600 provisionally closed up 1.6%, with autos leaping 3.6% to guide positive aspects as all sectors traded in optimistic territory besides well being care, which fell 1.2%. The positive aspects in Europe come […]
Read more