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ANNE MARIE ROANTREE
Airline stocks remain under pressure; Asian carriers see surge in demand, prices jumpAsian airlines faced pressure Tuesday as Middle East conflict escalated. Fuel price spikes are a concern for carriers. However, some airlin...- Travel stocks tumble as US-Iran conflict sparks worst disruption since pandemicEscalating Middle East conflict has grounded thousands of flights globally, forcing major hubs like Dubai and Doha to shut down. Airlines a...
- Travel stocks tumble as US-Iran conflict sparks worst disruption since pandemicDubai, the world's busiest international hub, and Doha remained shut for a third day, leaving tens of thousands of passengers stranded as a...
- Red Sea crisis pressures China's exporters as shipping delays, costs mountIn a speech at the World Economic Forum in Davos on Tuesday, Premier Li Qiang emphasised the need to keep global supply chains "stable and ...
- Alibaba's U-turn on cloud unit spin-off lops $20 billion off its market valueThe drop, potentially its biggest one-day fall in more than a year, wiped about $20 billion off the Chinese tech giant's market value.
- Alibaba's Hong Kong shares tumble 10% after cloud unit spin-off shelvedThe stock opened down 7.8% and then deepened its loss to 10.3% by mid-morning, heading for its biggest one-day drop in more than a year.
- Shares of Chinese EV makers fall after EU opens anti-subsidy probeEuropean Commission President Ursula von der Leyen announced the investigation in her annual address to lawmakers on Wednesday, saying: "Gl...
- Populous Chinese cities including Shenzhen ramp up COVID curbsThe fresh measures, scheduled to last just a few days for now, reflect China's insistence on its so-called "dynamic COVID zero" policy that...
- Hong Kong police close large swathe of Victoria Park on Tiananmen anniversaryPolice had banned the annual vigil, citing coronavirus, but some residents said they still planned to visit the park to pay their respects ...
- China's Huawei posts higher profit as smartphone sales hit recordHuawei reported a net profit of 59.3 billion yuan for 2018, up 25 percent from a year ago, slightly slower than a 28 percent rise in 2017.
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