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Alibaba Founder Jack Ma is Not the Richest Man in Asia
Billionaire Jack Ma has not become the richest man in Asia after all because the long-awaited IPO of fintech company Ant Group was called off at the last minute.
The co-founder of online store empire Alibaba would benefit…
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Payment Company PayPal Had Another Good Quarter in Corona Pandemic
Payment company PayPal has had another excellent quarter because people shopped online much more due to the corona pandemic.
This resulted in a lot of extra payments for PayPal.
Sales increased by 25 percent to 5.5 billion…
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The Stock Market in Japan Starts November With A Solid Profit
The stock market in Japan started the new stock exchange month with a solid profit on Monday.
Investors pushed aside concerns about the lockdown measures in Europe and relied on stronger-than-expected quarterly figures from…
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Instagram Introduces Restriction to US Elections
Instagram is also taking measures to prevent the spread of misinformation about the US presidential election.
The social media platform, owned by Facebook, is temporarily removing the "Recent" tab for US users.
"We are doing this…
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Oil and Gas Concern Shell is Out of the Red
Oil and gas group Shell achieved a profit in the past quarter, after a mega loss in the previous period.
The company recorded much less depreciation and was able to benefit from cost savings and improving oil prices. Compared to a…
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The Japanese Stock Market Closed A Fraction Lower on Tuesday
The Japanese stock market closed a fraction lower on Tuesday. The loss was limited thanks to a share price jump by the Japanese technology group Canon, which delivered strong results.
Investors also absorbed the hefty price losses…
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The Stock Market in Japan Started Slightly Lower on Monday
The stock market in Japan started slightly lower on Monday in the last week of October. Investors have remained cautious in anticipation of the corporate results to be released later this week and the rising number of corona infections in…
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The Japanese Stock Market Ended With A Small Profit on Friday
The Japanese stock market ended with a small profit on Friday.
Investors revived the slightly higher closing positions on Wall Street, where the vote was buoyed by hopes for an agreement in Washington on a new corona support…
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