Adobe shares slip 10% on soft sales forecast
Adobe shares tumbled as much as 11% in extended trading Thursday after the design software maker issued strong fiscal first-quarter results but came up slightly short on quarterly revenue guidance.
Trade asian news
Consumer boycott widens to include Israeli dates as Muslims in Malaysia, Indonesia observe Ramadan
Now Israeli dates, a sweet fruit eaten to break fast during Ramadan, are in the cross hairs of a consumer campaign which is flying across Malaysian and Indonesian chat groups over fears Israeli dates are being sold to unwitting buyers in the Muslim nations.
Budweiser owner AB InBev slides 4% after trading suspension as Altria sells stake
Shares of AB InBev, the world's biggest brewer, slipped more than 4% Thursday as trading resumed following a brief suspension amid emerging details of a sale by one of its major stakeholders.
US commerce secretary hails progress at year’s first meeting of Indo-Pacific trade grouping
BANGKOK (AP) — U.S. Commerce Secretary Gina Raimondo on Thursday praised the progress made by the 14 countries in the Indo-Pacific Economic Framework for Prosperity after the group held a ministerial meeting Thursday to discuss proposed guidelines for regional commerce.
Europe stocks slip after U.S. inflation print comes in above expectations; Encavis up 25%
This is CNBC's live blog covering European markets.
China urged to save coral reefs in Asian waters amid booming illegal trade in giant clams
Over 20,000 acres of coral reefs have been destroyed mainly due to illegal demand for giant clams, according to a study by the US think-tank CSIS Asia Maritime Transparency Initiative, which says they are bound for China where the shells are coveted as carved ornaments.
China has a plan, and it’s working
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Australian PM Anthony Albanese says no to US-style TikTok ban
“We will take advice but we have no plans to do that,” Prime Minister Anthony Albanese told a radio interviewer when asked if Australia would follow suit.