Snap shares plunge more than 20% on weak guidance
Snap shares fell more than 20% in extended trading on Thursday after the company reported guidance for the third quarter that trailed analysts' estimates.
Trade asian news
10-year Treasury yield falls below 4% for the first time since February
Treasury yields fell Thursday as investors digested comments from Federal Reserve Chair Jerome Powell, who suggested a September rate cut was on the table, along with a jump in U.S. jobless claims.
Rolls-Royce shares soar to all-time high on reinstated dividend, raised profit guidance
Shares of Rolls-Royce jumped more than 11% to hit an all-time high on Thursday after the company reinstated its dividend and raised its profit forecast on the back of strong first-half results.
India offers $300 million loan to build up Vietnam’s maritime security, saying it is a key partner
NEW DELHI (AP) — India on Thursday offered a $300 million loan to build up Vietnam’s maritime security, as the two sides said they want to double their trade and investment within five years.
The US-China trade war has become a forever war, but at what cost?
Observers may wonder whether the resulting economic headwinds would prevent the US from imposing such high tariffs were Trump to return to the White House. The answer is probably no. History suggests why the government would forge ahead with a policy agenda that would harm average Americans.
Yen jumps on BOJ chief's hawkish stance
TOKYO -- The yen strengthened to a four-month high against the dollar on Wednesday after Bank of Japan Gov. Kazuo Ueda told reporters that he was open to future interest rate hikes.
What’s Malaysia’s stance on the South China Sea? Latest remarks raise potential shift
“It is better for issues within Asean and the Southeast Asian region to be resolved through negotiations and dialogue among the countries themselves,” the minister said, adding that external influence would lead to “uncertainty” in the region.
'Internal battle' in Modi's BJP on whether India needs Chinese investments, Natixis chief Asia economist says
There is an "internal battle" happening within India's ruling Bharatiya Janata Party over inviting Chinese investments, as the country strives to become Asia's manufacturing powerhouse, Alicia Garcia-Herrero, chief Asia Pacific economist at Natixis said.