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Alibaba Q4 Net Profit Plunges, Misses Estimates

Alibaba Q4 Net Profit Plunges, Misses Estimates

e-commerce giant Alibaba Group Holdings Ltd. (BABA) reported Thursday that net income attributable to ordinary shareholders for the fourth quarter plunged to 3.27 billion Chinese yuan or $453 million from last year's 23.52 billion yuan. Earnings per ADS were 1.30 yuan or $0.18, compared to 9.00 yuan a year ago.
RTTNews | 187 gün önce
Pound Falls On Weak Employment Data

Pound Falls On Weak Employment Data

The British pound weakened against other major currencies in the European session on Tuesday, after data showed that the average earnings in the U.K. grew better than expected in March and the jobless rate rose slightly, while the fall in employment was less than expected and vacancies continued to decline, giving more evidence of a cooling labor market to Bank of England that is preparing to lower interest rates soon.
RTTNews | 188 gün önce
Sensex Gains 328 Points; Nifty Tops 22,200

Sensex Gains 328 Points; Nifty Tops 22,200

Indian shares rose on Tuesday after data showed India's retail inflation eased marginally to an 11-month low of 4.83 percent on an annual basis in April from 4.85 percent in the previous month.
RTTNews | 188 gün önce
Pound Falls Against Majors

Pound Falls Against Majors

The British pound weakened against other major currencies in the European session on Tuesday.
RTTNews | 188 gün önce
FTSE 100 Gains After Jobs Data

FTSE 100 Gains After Jobs Data

U.K. stocks edged up slightly on Tuesday while the British pound steadied as data showed the U.K. job market is cooling.
RTTNews | 188 gün önce
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DAX Edges Lower After Inflation Data

DAX Edges Lower After Inflation Data

German stocks traded lower on Tuesday as investors avoided taking big bets ahead of key U.S. inflation data due this week.
RTTNews | 188 gün önce
Asian Shares Mixed In Muted Trading

Asian Shares Mixed In Muted Trading

Asian stocks ended narrowly mixed in muted trading on Tuesday as caution prevailed ahead of the release of U.S. inflation data that might influence the outlook for rates.
RTTNews | 188 gün önce
Yen Falls Amid Rising Concerns On Currency Intervention

Yen Falls Amid Rising Concerns On Currency Intervention

The Japanese yen weakened against other major currencies in the Asian session on Tuesday, as traders are concerned about the Japanese government's intervention in currency markets to prop up the yen.
RTTNews | 188 gün önce
UK Pay Growth Tops Expectations

UK Pay Growth Tops Expectations

Average earnings in the U.K. grew better than expected in March and the jobless rate rose slightly, while the fall in employment was less than expected and vacancies continued to decline, giving more evidence of a cooling labor market to Bank of England that is preparing to lower interest rates soon.
RTTNews | 188 gün önce
Yen Falls Against Majors

Yen Falls Against Majors

The Japanese yen weakened against other major currencies in the Asian session on Tuesday.
RTTNews | 188 gün önce

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