Category: Stock News

Amid the soaring material cost and semiconductor shortage, Toyota Motor Corp slashed its target output as its profit fell by 25%. Despite faring better than most of its competitors during the pandemic, Toyota has succumbed

On Monday, the venture between Stellantis and Guangzhou Automobile Group Co (GAC) to produce Jeep vehicles in China will file for bankruptcy. The said measure was taken after the extended decline of the oldest foreign

Nasdaq 100 futures weakened on Thursday as a lackluster outlook from Facebook-parent Meta Platforms Inc. raised concerns over sluggish earnings, while the possibility of the Federal Reserve hitting the brakes on aggressively hiking interest rates

World stocks rose to a five-week high on Wednesday as the possibility arose that the momentum of US interest rate hikes may soon ease. MSCI’s World Stock Index, which tracks shares in more than 40

Shares of UBS Group edged higher on Tuesday after the Swiss bank reported a strong quarter that was partly driven by higher interest rates and cost controls. The stock was trading 5.1% higher, having climbed

China’s stocks fell on Monday to their lowest levels since 2008, amid concerns over the possibility that President Xi Jinping’s move to secure a third term would see the return of his push to tighten

Shares of Renault SA fell on Friday as the French carmaker said supply curbs hit several of the vehicles it sold in the third quarter, keeping investors concerned over the impact of higher inflation and