Why Zomato Stock Is Falling
[ad_1] Shares of Indian food-delivery firm Zomato plunged 14% in intra-day trade on Monday touching as low as INR 46 per share, thereby, wiping out over $125 million in investor wealth.…
Oil Falls As EU Eases Russia Sanction, US Demand Fears Rise
[ad_1] Oil fell in Asia trading on Monday morning, dragged by the European Union (EU) easing sanctions on Russian oil and growing demand concerns in the United States ahead of a possible…
Alibaba, Nio Stocks Slide: Is Snap Fallout Hitting Hang Seng Index?
[ad_1] Hong Kong’s benchmark Hang Seng Index opened in the red on Monday following a weaker close on Wall Street on Friday, which was dominated by a plunge in social media…
Nio, Li Auto, Alibaba Stocks Rise: Hang Seng Index Today
[ad_1] U.S.-listed Chinese electric-vehicle stocks surged in early Hong Kong trading on Friday, with Nio Inc NIO and Li Auto Inc LI adding more than 4%, following a firmer close on Wall Street overnight…
Bank Of Thailand Governor Assures Action On Excessive Baht Moves
[ad_1] Bank of Thailand Governor Sethaput Suthiwartnarueput has stated that the central bank will take action on any excessive moves in the Thai baht, Reuters reported. The currency may reverse…