Chris Lau

Investors did not dump Target (TGT) shares after it posted weak Q1 results. Shrinking hurt the retailer’s profits. Known as retail theft, Target and Walmart (WMT) will need to reconsider their physical store exposure. Target posted revenue growing ...

In 2021, China's technology stocks peaked after the government cracked down on the industry. Pinduoduo renamed itself to PDD Holdings. Last year, PDD stock bottomed at $40 and traded as high as $100. The slump to $60 ended when it posted strong Q1 results. PDD ...

Ahead of concerns about the U.S. reaching its debt ceiling limits, the technology sector booked sharp gains. The Nasdaq (QQQ) ETF added 3.5% for the week, led by Nvidia (NVDA) posting a sharp revenue decline. Markets ignored Nvidia’s excessive valuation ...

Few investors are surprised that a price war for vehicles accelerated in China. The government introduced new rules to increase the pace of EV sales. It also discouraged purchases of gas-powered vehicles. As the Chinese emerged from the lockdown, ...

Hong Kongers living overseas are helping to keep the flame of remembrance alive for the victims of China’s Tiananmen massacre as authorities in a city that once hosted huge annual vigils continue to stamp out dissent.

The cause of a train crash that killed hundreds of people in India – and the people responsible for it – have been identified, India’s railways minister said on Sunday.

Last week, the U.S. posted non-farm payrolls that stock markets liked. Unemployment rose slightly, which might give the Federal Reserve a reason to pause hiking interest rates. The economy added jobs. Combined with a hope of unchanged rates, investors ...

Bausch Health shares dropped nearly 9% yesterday after Norwich sued for final FDA approval of Xifaxan. Read why I rate BHC stock as a Buy.

Market reaction to the post-earnings of three firms created a fire sale. Okta (OKTA), which supplies single sign-on in cybersecurity, posted strong revenue, subscriptions, and subscription backlog growth (called RPO). The RPO growth of 9% Y/Y scared ...

Two airplanes have “highly likely collided” with each other at the Haneda Airport in Tokyo, Japanese public broadcaster NHK is reporting, citing the country’s transport ministry.