Japanese stocks rebound from worst crash since 1987 while global markets are mixed
Hong Kong/London CNN —
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Over the past week, markets tumbled as fears ricocheted around the world about the health of the U.S. economy, tech sector and more. No market bore the brunt as much as Japan.
BEIJING — China's imports grew faster-than-expected in July, while export growth came in below forecasts, according to customs data released Wednesday.
Japanese stocks suffered the biggest one-day drop since 1987 on Monday, while the Australian stock market’s ASX 200 was pummelled following disappointing employment figures from the US last week that led to concerns the data all but confirmed a recession was under way.
TAIPEI -- HP is looking to shift more than half of its personal computer production away from China and is setting up a "backup" design hub in Singapore in an attempt to reduce geopolitical risks around China and Taiwan, Nikkei Asia has learned.
WASHINGTON -- For diplomats stationed in the U.S. capital, it comes with the territory -- a duty to scrutinize American politics and alert their governments to shifts in power and the personalities guiding the world's largest economy and strongest military force.
Airbnb shares dropped 14% in after-hours trading after the company reported second-quarter earnings that missed analyst expectations and warned that it's seeing signs of slowing demand from U.S. customers.
Stocks jumped Tuesday, recovering some losses from the previous three trading days as investors took a pause from recession fears and Japanese equities rallied.