Month: March 2023

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Netflix Restructures Film Group As it Scales Back Movie Output – Bloomberg News

Video streaming service Netflix Inc (NASDAQ:NFLX) is restructuring its film group, which will result in layoffs and the departure of two of...

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Miki House Taps ‘Made in Japan’ Appeal For $760 Kids Pyjamas As Home Market Shrinks

Japan’s Miki House, a maker of luxury baby and children’s goods in a country with ever-fewer births, is looking overseas for...

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Alibaba’s Hong Kong Shares jump Nearly 15% on Six-Way Split Plans

Alibaba Group’s Hong Kong shares rose sharply on Wednesday, tracking an overnight jump in its American stock after the e-commerce...

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Gold Prices Dip From $2,000, Banking Crisis in Focus

Gold prices retreated on Monday as traders locked in profits after a strong run of gains, but remained near key levels hit last week as...

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Apple CEO Praises China’s innovation, Long History of Cooperation on Beijing Visit

Apple (NASDAQ:AAPL) CEO Tim Cook on Saturday used his first public remarks on his visit to China to praise the country for its rapid...

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Financial Turbulence Widens Door to Private Equity in Fast-Growing Aerospace Sector

Financial sector headwinds are creating fresh openings for private equity investments in aerospace, as suppliers’ need for capital to...

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Chinese Tech Stocks Rise, Tencent Surges On Strong FY Results

Major Chinese technology stocks rose on Thursday, with shares of Tencent up sharply after the internet giant logged stronger-than-expected...

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Asia FX Surges, Dollar Sinks on Fed’s ‘Dovish Hike’

Most Asian currencies rose sharply on Thursday, while the dollar fell to a seven-week low after the Federal Reserve raised interest rates...

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European Stock Futures Mixed; U.K. Inflation Climbs Ahead of Fed Rate Decision

European stock markets are expected to trade in a mixed fashion at the open Wednesday as investors digest U.K. inflation data and nervously...

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Gold Prices Muted Ahead of Fed Meeting as Safe Haven Appeal Wanes

Gold prices moved in a tight range on Wednesday, stabilizing after a sharp drop in the prior session as markets hunkered down ahead of a...

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