Posts Tagged ‘shares’

Tencent steps up share buyback

HONG KONG • Tencent Holdings Ltd bought back shares for a second day on Monday after its first repurchase in four years spurred speculation the battered ...

KLCI in the green at midday trade on bargain hunting

by TMR
The local bourse  rose at midday today after five straight days of losses on bargain hunting as global trade and contagion fears persist. ...

Tesla board torn between service to shareholders and CEO

SAN FRANCISCO • Tesla Inc’s board of directors is at a critical juncture, wedged between a larger-than-life figure to whom many are personally close and ...

China orders Tencent to kill game just days after its debut

HONG KONG • Tencent Holdings Ltd took another hit to its gaming business, after regulators told the social media giant to remove “Monster Hunter: World” ...

Air France-KLM shares jump on June traffic rise

PARIS • Air France-KLM shares jumped the most in more than a year after a French newspaper reported that the troubled carrier is getting closer to ...

China loves the MSCI scramble, hates manipulators

By Shuli Ren / BLOOMBERG
The wait is almost over. But as MSCI Inc opens the door to China’s stock markets, foreign fund managers need to be careful ...

Twitter tops 1Q earnings projections

The numbers validate a growing view among analysts that the company has stabilised after a rocky few years
by BLOOMBERG SAN FRANCISCO • Twitter Inc’s ...

Social media stocks tumble as Wall Street fears regulation

by REUTERS
Shares of Facebook, Twitter and Snapchat-owner Snap fell further on Tuesday as Wall Street fretted over potential regulatory scrutiny that ...

Facebook falls as pressure mounts on Zuckerberg over data leak

by BLOOMBERG
SAN FRANCISCO • Facebook Inc shares fell in early trading yesterday as American and European officials demanded answers to reports that a ...

Idimension proposes capital reduction, share consolidation

Idimension Consolidated Bhd (ICB) has proposed a capital reduction and a consolidation of two existing shares into one share as part of housekeeping ...

Ermotti targets underwhelm UBS investors

Zurich-based bank downgrades a key profitability target as it aims to repurchase as much as RM8.3b of shares over 3 years
by BLOOMBERG ZURICH • UBS ...

Swatch shares drop on concern over new Apple Watch

GENEVA • Swatch Group AG shares fell as much as 3.2% on concern Switzerland’s largest watchmaker will face more competition from the latest version of the ...