JD.com set up an Innovative Retail division that houses its grocery business 7Fresh.Bloomberg | Bloomberg | Getty ImagesHong Kong-listed shares of Chinese online retailer JD.com climbed 1.2% on Wednesday, outperforming the decline on the Hang Seng index after the firm announced a $5 billion buyback late Tuesday.U.S. listed shares...
The Bank of Japan is largely expected to hold interest rates steady at the end of its 2-day meeting ending June 14, 2024. Seen here, the Japanese flag flying high at the BOJ headquarters in Tokyo.Kazuhiro Nogi | Afp | Getty ImagesThe Bank of Japan kept its benchmark interest...
JPMorgan Chase & Co CEO Jamie Dimon arrives for a Senate Banking, Housing, and Urban Affairs Committee hearing on Capitol Hill September 22, 2022 in Washington, DC.Drew Angerer | Getty ImagesJPMorgan Chase's chairman and CEO Jamie Dimon says the the U.S. economy could see a "hard landing."When asked by...
The HSBC Holding logo is being displayed on a smartphone with HSBC visible in the background in this photo illustration taken in Brussels, Belgium, on February 20, 2024. Jonathan Raa | Nurphoto | Getty ImagesHSBC beat expectations in its first quarter earnings report on Tuesday.Revenue came in at $20.8 billion,...
Pictured here is a Foxconn factory in Zhengzhou city on Sept. 4, 2021.Vcg | Visual China Group | Getty ImagesApple iPhone manufacturer Foxconn on Friday posted a dip of 9.6% in revenue for the first quarter of 2024, compared to the same period last year.The company, which trades as...
Aaron P | Bauer-Griffin | GC Images | Getty ImagesHSBC's profit after tax came in at $6.26 billion in the three months ended September, jumping 235% compared to the $2.66 billion in the same period last year.Europe largest bank by assets also saw profit before tax for the quarter rise...