China holds back on more stimulus, citing necessary 'pain'
BEIJING — China is not planning additional stimulus for the second half of the year, according to officials from the economic planning agency and finance ministry.
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BEIJING — China is not planning additional stimulus for the second half of the year, according to officials from the economic planning agency and finance ministry.
U.S. stock futures slid on Thursday night as traders considered fresh results from Amazon and Intel. Investors also looked ahead to July's payrolls report.
WASHINGTON — The White House announced a massive, multinational prisoner swap Thursday between the United States, Russia and other nations. As part of the historic deal, the Russian government released high-profile Americans held in captivity there, including Wall Street Journal reporter Evan Gershkovich, who had been in a Russian prison for more than a year.
A sweeping prisoner swap yesterday involving seven countries freed the Wall Street Journal reporter Evan Gershkovich and two other Americans who were being held in Russia, along with several Russian opposition figures.
NEW YORK/LONDON (Reuters) -- Global equities dropped on Thursday, with Wall Street's major indexes selling off as U.S. data sparked economic worries about and financial stocks in Europe saw their biggest one-day rout since March 2023.
Shares of DoorDash popped 13% in extended trading on Thursday after the company reported second-quarter results that beat analysts' expectations for revenue.
SEOUL -- South Korea's three leading EV battery makers have reported lower sales and profits for the second quarter, hit by a downturn in electric vehicle production in North America and Europe.
PALO ALTO, California -- Intel plans to shed 15,000 jobs after it reported an 85% year-on-year second-quarter profit decline Thursday, two days after rival AMD released blockbuster earnings driven by strong AI chip sales.