According to the latest news, the world’s largest carmaker, Toyota, cut vehicle production by 40% in September because of the global microchip shortage. As we know, the company had planned to make nearly 900,000 cars next week. However, the giant carmaker has now reduced that to 540,000 vehicles. Furthermore, German firm Volkswagen has warned it …
Counterpoint, the research company reported that Xiaomi sold more phones in June than its competitors Apple and Samsung. The company’s sales increased by 26% compared to the previous month. It gave Xiaomi a 17.1% share of the total number of phones sold worldwide in June. Counterpoint announced that Samsung sold 15.7% of the total handsets, while Apple …
Xiaomi Sells More Phones than Apple and Samsung in June Read More »
On Wednesday, August 18, Asia Pacific stocks climbed as they rebounded from yesterday’s losses. Hong Kong’s Hang Seng Index led the region’s gains by 0.75%. The latest MSCI All Countries Asia Pacific Index as of August 17 fell 1.29% with a net loss of $2.55. This sent the stocks to the bottom at $195.69 per …
Asia Pacific Stocks up As Hang Seng Led the Gains Read More »
On Wednesday, August 11, Asia Pacific stocks were mostly up as Japan’s TOPIX Index led 1.00% while South Korea’s KOSPI tumbled 0.33%. Meanwhile, Wall Street is mixed. The MSCI All Countries Asia Pacific Index gained 0.24%, with a net increase of $0.49. This sent the stocks up at $200.73 per share. Additionally, the MSCI All …
On Tuesday, August 10, the MSCI World Index crashed as the US, Europe, and the Asia Pacific stock markets mostly fell. The MSCI World Index declined 0.03%, with a net loss of $1.00. This sent the stock to the bottom at $3,098.06 per share. On Wall Street, the Dow Jones Industrial Average led the losses …
MSCI World Index Down as US, EU and Asia Stocks Mostly Fell Read More »
On Thursday, August 5, world stocks were mixed as Wall Street was almost down, the EU was all up, and the Asia Pacific mostly climbed. The MSCI World Stocks Index plummeted 0.22% with a net loss of $6.68. This sent the stocks to the bottom at $3,085.83 per share. On Wall Street Street, the NASDAQ …
World Stocks Mixed as US Almost Down, EU and Asia Mostly Up Read More »
On Monday, August 2, world stocks were mostly down as the United States and the European Union’s shares fell. Meanwhile, Asia Pacific stocks climbed. Wall Street’s three major indexes plummeted which was led by the NASDAQ Composite. The benchmark lost 0.71% with a net decline of $105.59. This sent the stocks to the bottom at …
World Stocks Mostly Down as US and EU Fell, Asia Pacific Up Read More »
On Thursday, July 29, Asia stocks climbed after the China Securities Regulatory Commission (CSRC) initiated a meeting with top global investment banks to calm financial worries. In the Tokyo Stock Exchange, the broader TOPIX Index and the Nikkei 225 both rose 0.22% or 4.23 points to $1,923.88. And 0.71% or 194.39 points to $27,776.05, respectively. …
Asia Stocks Up as CSRC Talked with Banks to Calm Worries Read More »
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