Page 39 - Echo Wang News Today

Exclusive: TikTok considers introducing group chat feature this year - sources Reuters 4 days ago © Reuters/MIKE BLAKE FILE PHOTO: TikTok head office in United States By Fanny Potkin and Yingzhi Yang SINGAPORE/BEIJING (Reuters) - Video-sharing platform TikTok may launch a group messaging feature this year, people with knowledge of the discussions told Reuters, putting the Chinese-owned app in more direct competition with social media rivals such as Facebook. Group messaging is part of ow...

6 Min Read Here’s a look at our finalists for Business Beat Coverage and Legal Reporting of the Year in this year’s Reuters Journalists of the Year Awards on March 18. Reuters Journalists of the Year Awards Business Beat Coverage of the Year honors an individual or team whose outstanding performance resulted in exceptional coverage of company or industry news, including scoops, insight and analysis. This year’s nominees are: -Trump’s battle to thwart China’s biggest companies is nomin...

Falling tech stocks in China and Hong Kong pulled Asia's markets sharply lower on Wednesday, as recent gains in U.S. Treasury yields put lofty equity valuations under pressure even as bond markets stabilised.

Read more about Asian stocks open higher as US Feds Powell nixes inflation fears on Business Standard. Australias S&P/ASX 200 rose 0.90% in early trade while Japans Nikkei 225 added 1.37%. Hong Kongs Hang Seng index futures rose 0.92%

5 Min Read NEW YORK/LONDON (Reuters) - A jump in benchmark U.S. Treasury yields on Thursday led a gauge of global equity markets to tumble as investors sold the high-flying tech stocks that fueled Wall Street’s rally to record highs and took precautions against the threat of inflation. FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London, Britain, December 29, 2017. REUTERS/Toby Melville Fears of rising consumer prices from ongoing central bank stimulus and its i...

Asian shares jump after Powell nixes rate hike fears By Hideyuki Sano and Echo Wang Reuters TOKYO/MIAMI (Reuters) - Asian stocks jumped on Thursday after U.S. Federal Reserve Chair Jerome Powell reaffirmed interest rates would stay low for a long time, calming market fears that higher inflation might prompt the central bank to tighten the monetary spigot. Powells reassurance gave a fresh impetus to reflation trades and boosted risk asset prices while also driving U.S. bond yields back up to...

ByteDance agrees to US$92 million privacy settlement with US TikTok users Toggle share menu Advertisement ByteDance agrees to US$92 million privacy settlement with US TikTok users ByteDance, the Chinese company that owns the short video app TikTok that has more than 100 million U.S. users, agreed to the settlement after more than a year of litigation. FILE PHOTO: Small toy figures are seen in front of a Tiktok logo in this illustration taken, Sept...

By Echo Wang MIAMI (Reuters) - Asian equities opened lower on Wednesday on concerns about rising interest rates and rich equity valuations and following a downdraft in U.S. and European overnight trading. The Dow and S&P 500 recouped early losses after Federal Reserve Chair Jerome Powell reiterated in testimony before the Senate Banking Committee that monetary policy would remain accommodative and would not change without advance warning. The tech-heavy Nasdaq index closed down 0.5% as inve...

Asian stocks edge higher, led by rally in commodities By Anshuman Daga and Echo Wang Reuters SINGAPORE/MIAMI (Reuters) - Asian stocks rebounded from two-week lows struck on Tuesday as rising commodity prices boosted market expectations of an improved growth outlook, a day after rising U.S. Treasury yields and inflation prospects hit U.S. tech shares. MSCIs broadest index of Asia-Pacific shares outside Japan ticked up 0.2% after dipping to 719.8, the lowest level in two weeks. The gauge has ...

MIAMI — Asian stocks dipped on Tuesday as rising U.S. Treasury yields and inflation prospects led to a further rotation out of the big tech stocks responsible…