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JD RETAIL SLOWDOWN
European shares close at record high driven by defence stocksEuropean stocks hit a record high Friday, buoyed by defence and insurance sectors, ending the year on an optimistic note. The STOXX 600 ind...
US stock market crash: Why stock market is down today: Dow, S&P 500, Nasdaq all in deep redUS stock market crash: US stocks are sliding again today. Dow fell 0.6% to 47,239. S&P 500 dropped nearly 1%. Nasdaq sank 1.5%. Tech is lea...
China office developers offer sweeteners, lower rents to lure tenantsOffice spaces in China's top cities face high vacancy. Shenzhen and Shanghai see significant empty offices. Developers offer incentives lik...
Chinese ecommerce leaders brush off regulatory risk to continue 'instant retail' price warChina’s top ecommerce platforms Alibaba, JD.com and Meituan are locked in a fierce instant retail price war, offering near-free deliveries ...
Wall Street futures, dollar ease in wake of credit blowU.S. Treasury Secretary Scott Bessent used television interviews on Sunday to dismiss the downgrade, while warning trade partners they woul...
Market Wrap: D-Street ends in green as soft inflation data spurs rate cut hopes; Sensex adds 182 points, Nifty above 24,660Indian benchmark indices ended higher on Wednesday, recovering from their biggest single-day loss in a month during the previous session, s...
Chinese ecommerce giants make expensive bets on fast deliveriesThe new turf war focused on speed is coming at a high cost in the short term as the ecommerce giants look to entice consumers with hefty di...
Donald Trump's close friend Jeff Bezos may bear the brunt of Liberation Day tariffs: Amazon could lose millions as most of its goods come from China; here's the breakdownUS President Donald Trump's new tariffs, set to impact global trade, could significantly affect Amazon due to its heavy reliance on Chinese...
Just Dial shares rally 8% as Nuvama upgrades to buy ratingNuvama maintained its target price of Rs 1,140 per share, indicating a 25% upside despite Just Dial’s recent growth challenges. The brokera...
China's JD.com announces $5 billion share buyback planJD.com, which last week beat profit forecasts for the June quarter, and rivals such as Alibaba, have been seeking to alleviate investor con...
Price wars during Chinese shopping fest expose consumer woesThis year's festival is being more closely watched than ever as a gauge of consumer confidence as China flirts with deflation and has ident...
JD shares hit record low, banks cut Q3 growth target on retail slowdownJD, which is listed in Hong Kong and the United States, is expected to report quarterly financial data in mid-November following China's ma...
JD.com shares fall 13%, hits record low; banks cut Q3 growth target on retail slowdownJD.com, which is listed in Hong Kong and the United States, is expected to report quarterly financial data in mid-November following China'...
China's e-commerce extravaganza loses shine as consumption declinesChina's midyear shopping festival, 618, is seeing lower consumer spending as customers face stagnant incomes and a tepid economy due to yea...
Slowdown fears grip China tech despite upbeat salesChinese tech stocks have succumbed to the pull of gravity after investors’ hopes for a swift rebound in growth failed to materialise.
US stock market: Goldman, Travelers drag Dow lower as earnings season picks upGoldman Sachs Group Inc slumped 6.44% after the bank reported a bigger-than-expected drop in quarterly profit and was the biggest drag on t...
Wall St dips after Goldman profit miss, China concerns weighThe Dow Jones Industrial Average fell 80.29 points, or 0.23%, at the open to 34,222.32
Moody's changes outlook on Indian banks to negativeMoody's expects deterioration in banks' asset quality due to disruption in economic activity from the coronavirus outbreak.
China's IT sector saw massive layoffs in 2018: state media"In June, hundreds of P2P lenders fell like dominoes. Two months later, the revenue of image editing software developer Meitu fell 5.9 per ...
$12 billion in 12 hours: Alibaba nears sales record at half-time on Singles' Day"Consumer behavior is changing," Alibaba Chief Executive Officer Daniel Zhang said during the gala. "Shopping has become entertainment."