greater china
TikTok Gets Tougher in Performance Reviews, and Employees Are Spooked
Oct. 29, 2023 11:36 am ET SINGAPORE—TikTok is asking managers across the world to give more employees lower ratings in performance reviews, a move that staff fear could reduce bonuses and lead to layoffs, people familiar with the matter said. In mid-October, managers were told by senior management and staff in human resources that they needed …
U.S. stock futures point to further sharp declines as Asia follows Wall Street plunge
U.S. stock futures fell sharply on Friday, a day after major benchmarks pushed into correction territory as investor fears heightened over just how much damage the fast-spreading coronavirus will wreak on the global economy. How are major benchmarks trading? Dow Jones Industrial Average futures …
World Health Organization says COVID-19 is not a pandemic
The World Health Organization (WHO) said Monday that the coronavirus that broke out in Wuhan, China, late last year is not a pandemic. WHO Director-General Dr. Tedros Adhanom Ghebreyesus said the virus, named COVID-19, is not spreading in an uncontained way. “What we are seeing are epidemics in different parts of the world,” he told …
Why the coronavirus outbreak is delivering a fresh dose of recession fear to the stock market
The old saw used to be that when the U.S. sneezes, the rest of the world catches a cold. Now, a more apropos adage for market bears may be that when an outbreak of coronavirus grinds the world’s second-largest economy to a halt, the rest of the world catches a recession. Indeed, recession fears resurfaced …
As the world focuses on coronavirus, don’t forget about the deadly flu that’s killed at least 10,000 Americans
Americans’ concerns over the new coronavirus have spawned a public-health emergency declaration, a controversial travel ban and quarantine, and China-bound flight suspensions. But the better-known flu virus is a far greater threat to Americans’ health right now, data from the Centers for Disease Control and Prevention suggest. The deadly new coronavirus, first detected late last …
Dow tumbles 600 points as Trump declares public health emergency for coronavirus epidemic
U.S. stocks tumbled Friday, with the Dow and S&P 500 index recording their biggest one day falls since August, as fears that Chinese coronavirus epidemic would slow economic growth rattled Wall Street. A busy week of mixed U.S. corporate earnings reports preoccupied investors, with shares of bellwether Caterpillar slumping while shares of Amazon.com soared after …
Why a ‘battle-weary’ Tesla enthusiast is now telling investors to move to the sidelines
Now that U.S.-Iran tensions have cooled a bit, it may be time to revisit predictions from some strategists last year that said equities are primed for big gains in the first quarter. They may have been onto something. The Nasdaq Composite COMP, …
What a ‘no-deal’ U.S.-China trade scenario would mean for stocks and bonds
Imagine there’s no trade deal and that the U.S.-China battle is left to rumble on through most of next year instead. That scenario is one that stock-market participants must now debate as equities tumbled Tuesday after President Donald Trump indicated he’s in no hurry to complete any accord with Beijing and that it might be …
These overlooked tech companies are more exciting than Apple, says ex-BlackRock manager
Relief over well-received results from Apple and Facebook may not be enough to fuel another S&P 500 record on Thursday, as rumblings on the trade front are getting in the way. Those big tech names are an integral part of our call of the day from BlueBox Asset Management’s co-portfolio manager William De Gale who …
Bullish momentum persists, S&P 500 sustains break to uncharted territory
Technically speaking, the major U.S. benchmarks have sustained a break to record territory amid still conspicuously muted November selling pressure. Against this backdrop, the big three benchmarks remain near-term extended — and are due a cooling-off period, if not a corrective pullback — though the more important longer-term market bias remains comfortably bullish. …