Hong Kong’s stock market hit hard by the market rout

Hong Kong’s stock market hit hard by the market rout

Hong Kong’s stock market has underperformed this year – but its exchange operator has made it even worse. The shares in Hong Kong Exchanges & Clearing Ltd. is down 43% since the start of the year, even after a rally so far in November. That’s a bigger drop than Hong Kong’s benchmark Hang Seng index, … Read more

Alibaba’s international arm is investing millions in South Korea’s expansion

Alibaba’s international arm is investing millions in South Korea’s expansion

Alibaba’s international e-commerce platform AliExpress has expanded in South Korea and Brazil, in addition to Europe. Pictured here is an AliExpress locker in Poland in July 2022. Nurphoto | Nurphoto | Getty Images BEIJING — Ali Baba‘s international e-commerce company AliExpress is spending the equivalent of $7 million to reach consumers in South Korea, the … Read more

Two portfolios — one GOP, one Democrat — make predictions about the US midterms

Two portfolios — one GOP, one Democrat — make predictions about the US midterms

ShareShare the article via FacebookShare the article via TwitterShare the article via LinkedInShare the article via email Energy, defense, insurance and pharmaceutical stocks will benefit from policies set by Republicans. Clean energy is a winner if the Democrats excel. Plus, the latest on the midterms and aid to Ukraine, CNBC’s Ted Kemp reports.

Stock futures inch lower as Wall Street awaits midterm election results

Stock futures inch lower as Wall Street awaits midterm election results

Traders work on the floor of the New York Stock Exchange (NYSE) on October 27, 2022 in New York City. Stocks continued their upward gains on Thursday, with the Dow rising nearly 400 points after a new GDP report beat expectations. Spencer Platt | Getty Images News | Getty Images Stock futures were lower – … Read more

Analysts love these stocks, which could gain after a GOP midterm victory

Analysts love these stocks, which could gain after a GOP midterm victory

With midterm elections underway, investors are waiting to see if and how the results could weigh on stocks — and which names will outperform. The market expects Republicans to at least gain control of the House, rising for a third straight day on Tuesday. RBC’s head of US equity strategy, Lori Calvasina, believes there could … Read more

Lyft, Tripadvisor, Take-Two Interactive and more

Lyft, Tripadvisor, Take-Two Interactive and more

Check out the companies making headlines in the dinner trade. Lyft — Shares of Lyft plunged 22.9% after the company’s earnings report showed mixed results last quarter. The ride-hailing company reported adjusted earnings per share of 10 cents, beating analysts’ expectations of 7 cents, but revenue fell short of the Street’s forecast, coming in at … Read more

United Arab Emirates real estate company Nakheel secures $4.6 billion in strategic financing

United Arab Emirates real estate company Nakheel secures $4.6 billion in strategic financing

United Arab Emirates real estate company Nakheel secures $4.6 billion in strategic financing It is used in development operations including the “Dubai Islands” project and other waterfront projects Wednesday – 15 Rabi’ al-Thani 1444 AH – 09 November 2022 AD Issue no. [ 16052] Nakheel’s “Dubai Islands” Project (Middle East) Dubai: “The Middle East” Emirati … Read more

A mysterious faction claims the killing of an American in Baghdad “as revenge for Soleimani and Al-Muhandis”

A mysterious faction claims the killing of an American in Baghdad “as revenge for Soleimani and Al-Muhandis”

Yesterday, a mysterious armed faction calling itself the “Companions of the Cave” claimed the killing of an American citizen in central Baghdad yesterday. The armed faction stated in a press release that the killing of US citizen Stephen Troll came “as revenge for the killing of General Qassem Soleimani, commander of the (Quds Force), and … Read more

Uber will dominate ride-sharing just like Google does with search, says Josh Brown

Uber will dominate ride-sharing just like Google does with search, says Josh Brown

The market action Tuesday in Uber Technologies is another reason to be bullish on the stock, according to Riholtz Wealth Management CEO Josh Brown. While Uber shares fell more than 2% in midday trading, that’s only a fraction of the loss experienced by its ride-sharing competitor Lyft, Brown said on CNBC’s “Halftime Report.” Lyft’s stock … Read more

Does the “London Stock Exchange” contribute to reviving the Egyptian tourist season?

Does the “London Stock Exchange” contribute to reviving the Egyptian tourist season?

Does the “London Stock Exchange” contribute to reviving the Egyptian tourist season? A new campaign and intense meetings on the sidelines of the events Tuesday – 14 Rabi’ al-Thani 1444 AH – 8 November 2022 AD The Egyptian Minister of Tourism during a meeting with representatives of British tourism companies within the activities of the … Read more