(Nikkei Asia) The launch of Apple Watch 7 could wait longer as manufacturing was reportedly halted to allow engineers address performance issues. Small-scale production of Apple Watch started last week,…
(The Conference Board) US Consumer confidence plunged to 113.8 in August from 125.1 in July, the lowest reading since February this year. Consumers’ assessment of the current labor market and…
(MNI) The Chicago Business Barometer fell to the lowest reading since June at 66.8, following low production and increasing backlogs. Inadequate labor, low supply of raw materials, and supply inefficiencies…
(S&P Global) US National Home Price NSA Index that covers all nine census divisions surged at an annual rate of 18.6% in June, a further increase from a gain of…
(Futu Holdings) Futu Holdings Limited announced a 125.8% jump in net income to HK$533.9 million or US$68.7 million in the second quarter, compared to the same period in 2020, which…
(Zoom) Zoom Video Communications Inc. posted revenue of $663.5 million in the second quarter of 2021, an increase of 355% from the comparable quarter of 2020. Income from operations rose…
(Barrons) The Securities and Exchange Commission chief Gary Gensler has said the regulator is considering a full ban on controversial “payment for order flow.” Gensler says the SEC staff are…
(Eurostat) Flash estimates of the euro area’s annual inflation put consumer prices at a higher 3.0% rate in August compared to 2.2% in July. Energy is expected to be the…
(Reuters) Pershing Square is extending holdings in Universal Music Group by a further 2.9%, at the cost of $1.149 billion, improving the total stake in the company to 10%. The…
(Cryptopotato) Ripple is threatening to expose XRP holdings by SEC employees, in what could escalate tensions with the regulator, who has alleged the token is an unregistered security. Ripple’s attorney…
(CNBC) Shares of payment giant PayPal Holdings rose more than 3% after reports it plans to introduce a stock-trading platform for its US customers. PayPal is expected to partner or…
(National Bureau of Statistics) China’s manufacturing PMI fell to 50.1% in August, shy off the 50-point mark that separates expansion and contraction. The PMI was below expected 50.2 and July’s…