Chinese internet search giant Baidu reported better-than-expected earnings in the quarter ended September 30, despite continued weakness in its online advertising business.
Amazon.com Inc on Thursday said high spending on warehouses and video production would drag on profits in the holiday quarter, disappointing investors who are weary of roller coaster results from the e-commerce giant and sending its shares down 6 percent.
Oppo Electronics has overtaken Huawei Technologies, the world’s largest telecommunications equipment supplier, to become the leading smartphone brand in mainland China in the quarter to September.
International Business Machines Corp. said profit margins shrank for the fourth quarter in a row, underscoring the technology company’s challenge in shifting to more subscription-based software and cloud services.
The roughly month-long corporate earnings announcement season that kicks off on Wall Street next week coincides with the final, most intense stretch of the U.S. presidential campaign.
Samsung Electronics saw its third-quarter revenue fall following a global recall of Galaxy Note 7 smartphones for a fire hazard of batteries, the company said on Friday.
U.S. stocks dropped on Tuesday as investors fretted about Britain's exit from the European Union and the prospect of a Federal Reserve interest rate hike in coming months.
South Korea's second-quarter gross domestic product (GDP) posted the highest growth in three quarters,central bank data showed on Friday.
Loose monetary policy should support growth in Asia in coming months, economists say, but regional growth is likely to be negatively affected by a slowdown in China and a possible fallout from Brexit.
As many as 418,200 people who hold college, university and post-graduate degrees in Vietnam were unemployed in the second quarter of 2016, accounting for over 38.4 percent of the country's total unemployment rate.
Japan's economy grew at a slower-than-forecast 0.2 percent annual rate in the April-June quarter, as the recovery was sapped by weaker exports and business investment, the government said Monday.
Japan's economy essentially stalled in the April-June quarter, missing market forecasts and rekindling worries about the government's faltering bid to stoke a recovery, government data showed Monday.
Japan's economic growth ground to a halt in April-June after a stellar expansion in the previous quarter on weak exports and capital expenditure, putting even more pressure on premier Shinzo Abe to come up with policies that produce more sustainable growth.
Singapore cut the top end of its 2016 growth forecast after the economy expanded less than previously estimated in the second quarter, underscoring a weakening global environment. The benchmark stock index fell.
Growth in the 19-country eurozone faced headwinds in the second quarter and the slowdown, although in line with expectations, raised concerns about possible weakened growth momentum in the coming months, particularly at a time when uncertainty has been unleashed by Britain's historic vote to leave the European Union (EU).
The U.S. economy grew at an annual rate of 1.2 percent in the second quarter this year, which is below market expectation, the Commerce Department said Friday.
Korea's economy grew 3.2 percent in the second quarter of this year compared to the same period of 2015, slightly more than the 3.1 percent economists had predicted.
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