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Shanghai: China Shares Drop, Yuan Falls on New USA Tariff

Shanghai: China Shares Drop, Yuan Falls on New USA Tariff China’s stocks slumped Wednesday after three days of gains and the yuan weakened as the United States threatened more import duties on Chinese goods, sharply escalating the trade conflict b.....»»

Category: topSource: livetradingnewsJul 11th, 2018

Luckin’s Shooting Star Falls on Fabricated Sales

Gurus lose millions as Starbucks’ biggest competitor in China sees shares plummet following investigationCheck.....»»

Category: blogSource: gurufocusApr 2nd, 2020

GM"s Q1 deliveries drop 7%, stock falls

Shares of General Motors Co. fell 4.1% in morning trading Wednesday, after the auto maker said first-qu.....»»

Category: topSource: marketwatchApr 1st, 2020

Coronavirus causes historic drop in China"s industrial profits

Their earnings sank 38 percent from the prior year to 410.7 billion yuan ($58.15 billion), according to China’s National Bureau of Statistics. The data from January and February are combined to smooth the impact of the Chinese Lunar New Year......»»

Category: topSource: foxnewsMar 27th, 2020

Mid-Day Market Update: Owens & Minor Falls On Weak Sales; Cellect Biotechnology Shares Climb

Midway through trading Wednesday, the Dow traded up 1.79% to 26380.13 while the NASDAQ rose 1.35% to 8,801.49. The S&P also fell, dropping 1.48% to 3,047.75. Coronavirus cases continued to rise outside China. South Korea confir.....»»

Category: earningsSource: benzingaMar 4th, 2020

China"s CATL aims to raise $2.85 billion for EV battery projects

CATL , China's top electric vehicle battery maker, said it aims to raise up to 20 billion yuan ($2.85 billion) in a private placement of shares to fund its battery projects and boost working capital......»»

Category: topSource: reutersFeb 26th, 2020

Shares drop, gold surges as investors scurry for safety

Global shares and oil slid on Monday while safe-haven gold surged as the spread of the coronavirus outside China darkened the outlook for world growth with infections and deaths rising in South Korea, Italy and the Middle East. Ciara Lee reports.....»»

Category: videoSource: reutersFeb 24th, 2020

Shares drop, gold surges as investors scurry for safety

Global shares and oil slid on Monday while safe-haven gold surged as the spread of the coronavirus outside China darkened the outlook for world growth with infections and deaths rising in South Korea, Italy and the Middle East......»»

Category: topSource: reutersFeb 23rd, 2020

Shares drop, gold surges as coronavirus fears trigger flight for safety

Global shares and oil extended losses on Monday while safe-haven gold soared as the spread of the coronavirus outside China accelerated with infections jumping in South Korea, Italy and the Middle East, in a worrying new development in the outbreak......»»

Category: topSource: reutersFeb 23rd, 2020

GE"s stock falls after WSJ report that Trump administration may block engine sales to China

Shares of General Electric Co. dropped 1.8% i.....»»

Category: topSource: marketwatchFeb 18th, 2020

Under Armour shares drop after surprise profit decline warning for 2020

Under Armour Inc on Tuesday forecast a surprise drop in 2020 profit, blaming ongoing weakness in its North American business and the coronavirus outbreak in China, sending its shares tumbling as much as 16%......»»

Category: topSource: reutersFeb 11th, 2020

Under Armour forecasts surprise sales drop, coronavirus hit; shares fall

Under Armour Inc on Tuesday forecast a surprise drop in 2020 revenue, largely due to weakness in North America, and said the coronavirus outbreak in China would hurt sales in one of its fast-growing markets, sending shares tumbling 13%......»»

Category: topSource: reutersFeb 11th, 2020

Nio"s stock falls after January deliveries decline on coronavirus, New Years holiday timing effects

Shares of Nio Inc. fell 1.1% on heavy volume in morning trading Monday, paring earlier losses, after the Shanghai-based electric car maker repor.....»»

Category: topSource: marketwatchFeb 10th, 2020

Apple stock falls; a delay in production resuming at Foxconn would be "shock to the system," analyst says

Shares of Apple Inc. fell 0.9% in premarket trading Monday, to extend the pullback from last week's record close, amid concerns over the impact of suppliers closing facilities in China because of the coronavirus outbreak. Wedbush analyst Dan Ives said .....»»

Category: topSource: marketwatchFeb 10th, 2020

Tesla tumbles as coronavirus weighs on Shanghai factory

Shares of Tesla tumbled 19% on Wednesday, hitting the brakes on a dramatic rally after a senior executive warned the coronavirus outbreak in China would delay deliveries of Model 3 cars made at its Shanghai plant......»»

Category: topSource: reutersFeb 5th, 2020

Tesla stock tanks as coronavirus delays Model 3 deliveries

Shares of Tesla made a rare U-turn Wednesday after the automaker said some of its cars scheduled for February delivery in China will be delayed because of the coronavirus outbreak, which has kept its Shanghai plant shuttered for nearly two weeks......»»

Category: topSource: moneycentralFeb 5th, 2020

Tesla stock tanks as coronavirus delays Model 3 deliveries

Shares of Tesla made a rare U-turn Wednesday after the automaker said some of its cars scheduled for February delivery in China will be delayed because of the coronavirus outbreak, which has kept its Shanghai plant shuttered for nearly two weeks......»»

Category: topSource: moneycentralFeb 5th, 2020

Dow set to drop 200 points as coronavirus death toll rises, Facebook shares tumble

U.S. stock index futures fell sharply on Thursday as the death toll from the coronavirus continues to rise in China, stoking fears about the virus’ impact on global economic growth......»»

Category: topSource: moneycentralJan 30th, 2020

Stocks drop as new coronavirus fears escalate

Shares slid on Monday as investors shunned equities on growing concerns over the scope of a China virus outbreak, with safe-haven assets such as the Japanese yen and Treasury notes in greater demand......»»

Category: topSource: reutersJan 26th, 2020

Yen up, yuan down over China virus fears; Aussie jumps on jobs data

The safe-haven Japanese yen firmed and the Chinese yuan weakened on Thursday, as traders kept a wary eye on the spread of a virus in China, while the battered Australian dollar jumped after a surprise drop in unemployment......»»

Category: topSource: reutersJan 23rd, 2020

Yen firm over China virus concern; Aussie jumps on jobs data

The safe-haven Japanese yen was firm and the Chinese yuan fragile on Thursday as traders kept a wary eye on the spread of a virus in China, while the ailing Australian dollar jumped after a surprise drop in unemployment......»»

Category: topSource: reutersJan 22nd, 2020