Author: Will Smith

Fresh concerns regarding the health of China’s real estate market weighed on investor emotion on the first trading day of 2022, after the city’s stocks had posted the worst results of any significant international market the previous year. By the midday pause on Monday, the Hang Seng index (.HSI) had dropped 144.98 points, or 0.62…

After a rough initial public offering that was postponed by concerns about new US restrictions, Chinese artificial intelligence behemoth SenseTime Group Inc. soared on its first day of trading in Hong Kong. In the city’s final big bounce of the year, SenseTime Group (0020.HK) stocks soared as much as 23 percent from their IPO price…

After a choppy start on Wall Street, Asian stocks dipped on Wednesday as investors rebalanced their holdings for the next year and struggled with rising Omicron coronavirus outbreaks around the world. Following tumultuous U.S. trade, MSCI’s broadest index of Asia-Pacific shares beyond Japan (.MIAPJ0000PUS) fell 0.25 percent after multiple sessions of rising. Hong Kong (.HSI)…

On Monday, shares of U.S. airlines and other travel-related industries plummeted as the number of Omicron cases increased and weather-related issues caused the cancellation of hundreds more flights, stranding travelers throughout the country during the holidays. According to data from flight-tracking website FlightAware.com, over 1,000 flights were canceled inside, into, or out of the United…

Because of rising demand for its cybersecurity and Internet of Things technology, BlackBerry Ltd (BB.TO) outperformed Wall Street sales projections for the third quarter on Tuesday. BlackBerry Ltd.’s shares rose in late trading after the cybersecurity and Internet of Things company’s (IoT) quarterly results exceeded expectations. As more enterprises and government organizations switch to cloud-based…