South Korean retail investors hit as China equity derivatives tumble
By Jihoon Lee and Cynthia Kim SEOUL (Reuters) – South Korean retail investors have been caught out by an 11% fall in a key Hong …
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Corcept loses patent spat against Teva, shares tumble
(Reuters) -A U.S. judge ruled in favor of Israel’s Teva Pharmaceutical Industries in a patent infringement lawsuit brought by Corcept Therapeutics, sparking a frenzied sell-off …
German home prices tumble amid property rout
By Tom Sims and Rene Wagner FRANKFURT (Reuters) -Residential property prices in Germany continued their fall, dropping 10.2% in the third quarter from a year …
Pot ETFs tumble, erasing earlier rally as US legalization hopes dim
By Bansari Mayur Kamdar (Reuters) – After a dizzying rally in September, exchange-traded funds tracking cannabis stocks have fallen to earth on fading hopes over …
Germany’s Volkswagen shares tumble after margin downgrade
(Reuters) – Volkswagen shares fell to their lowest since April 2020 on Monday after the German carmaker cut its profit margin outlook for the current …
Australia job vacancies tumble from record levels in latest quarter
By Stella Qiu SYDNEY (Reuters) – Job vacancies in Australia slid from record levels in the three months to August, adding to signs that the …
European shares fall for fifth day as real estate stocks tumble
By Bansari Mayur Kamdar and Sruthi Shankar (Reuters) -European shares fell for a fifth day in a row on Wednesday, with real estate stocks hammered …
US new home sales tumble in August
WASHINGTON (Reuters) – Sales of new U.S. single-family homes fell more than expected in August as the rate on the popular 30-year fixed mortgage jumped …
US furniture retailer RH shares tumble as slowing sales prompt dour revenue forecast
By Chibuike Oguh NEW YORK (Reuters) – Shares of U.S. home furniture retailer RH dropped more than 15% on Friday after the company warned that …
UK factory orders tumble in the face of higher rates – PMI
LONDON (Reuters) – British factories in August suffered their weakest month since early in the COVID-19 crisis, with orders shrinking dramatically due to the rise …
UK homebuilder shares tumble after Crest Nicholson cuts annual profit outlook
LONDON (Reuters) – UK homebuilder shares tumbled on Monday, set for their biggest one-day drop in over six weeks, led by a 14.9% fall in …
China’s Economy Fails To Rebound Following Pandemic Tumble
China’s Economy Fails To Rebound Following Pandemic Tumble Will Kessler on July 17, 2023 China’s economic growth slowed in the second quarter of 2023 as …
Latitude Group flags sharp drop in earnings due to cyberattack, shares fall
By Navya Mittal and Himanshi Akhand (Reuters) -Australia’s Latitude Group on Friday forecast a steep fall in fiscal 2023 earnings due to higher credit losses …
Analysis-Options investors guard against U.S. stock tumble, despite buoyant markets
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Options market demand for insurance against a stock market crash has soared to multi-month highs, even as …
Sony shares tumble on weaker-than-expected annual outlook
TOKYO (Reuters) – Sony Group Corp’s shares fell as much as 4.8% on Monday after the Japanese electronics and entertainment conglomerate’s annual profit outlook fell …
As EV costs tumble in China, an export wave builds
SHANGHAI (Reuters) – Elon Musk has said the only thing holding back electric vehicle (EV) sales is their price. Companies like BYD are solving that …
Toronto home prices rise in March as new listings tumble
TORONTO (Reuters) – Greater Toronto Area (GTA) home prices increased in March from February, with listings falling at a faster rate than did sales in …
US mortgage rates tumble by the most in 4 months in SVB’s wake, MBA says
(Reuters) – Last week’s banking sector turmoil had at least one silver lining for U.S. home buyers: lower mortgage interest rates. Interest rates on the …
South Korea takes step to cut homeowners’ tax as housing prices tumble
SEOUL (Reuters) – South Korea has sharply lowered official reference housing prices for this year, which will result in a large fall in taxes for …
European bank shares tumble day after U.S. market turmoil
LONDON (Reuters) – European banking stocks headed for their largest one-day fall in nine months on Friday, a day after a sharp sell-off in U.S. …
U.S. factory orders tumble in November on aircraft
WASHINGTON (Reuters) – New orders for U.S.-manufactured goods fell more than expected in November amid a sharp decline in bookings for aircraft, while higher borrowing …
Tesla shares tumble, on track for worst month ever
By Noel Randewich (Reuters) – Tesla Inc shares are on track for their worst month ever as a sell-off deepened on Thursday over worries about …
Ark’s Wood sees U.S. now in recession, expects energy stocks to tumble
By David Randall NEW YORK (Reuters) – Energy stocks and other value stocks will likely be “casualties” of falling inflation, said Cathie Wood, the star …
China’s stocks, yuan tumble as COVID protests rattle nerves
SHANGHAI (Reuters) – Chinese stocks on Monday saw the worst day in a month, as recent monetary-easing measures failed to offset investor worries about protests …
Canada house prices to tumble 17.5% peak to trough, say analysts: Reuters Poll
By Indradip Ghosh BENGALURU (Reuters) – Once burning-hot Canadian house prices are expected to tumble a total 17.5% from their peak, roughly double the fall …
South Korea Nov 1-20 exports tumble on weak demand for chips, China woes
SEOUL (Reuters) – South Korea’s exports for the first 20 days of November shrank 16.7% from the same period a year ago, dragged down by …
U.S. housing starts tumble in October amid soaring mortgage rates
WASHINGTON (Reuters) – U.S. homebuilding fell sharply in October, with single-family projects dropping to the lowest level in nearly 2-1/2 years, as the housing market …
Port of Los Angeles October imports tumble, pressured by labor worries
By Lisa Baertlein LOS ANGELES (Reuters) – October volume at the busiest U.S. seaport fell to its lowest level since 2009 as shippers sent cargo …
Two Sigma, Holocene added Tesla shares before fourth-quarter tumble
By David Randall NEW YORK (Reuters) – Hedge funds Group One Trading LP, Two Sigma Investments LP and Holocene Advisors LP were among the largest …
U.S. pending home sales tumble in September
WASHINGTON (Reuters) – Contracts to buy U.S. previously owned homes fell for a fourth straight month in September as the housing market continued to buckle …
European shares tumble as fears around inflation, earnings grip investors
By Sruthi Shankar and Amruta Khandekar (Reuters) – European shares tumbled on Wednesday as nerves about soaring prices and rising interest rates were aggravated by …
Stocks Tumble On The Heels Of Another Disastrous Inflation Report
Stocks Tumble On The Heels Of Another Disastrous Inflation Report John Hugh DeMastri on September 30, 2022 All three major stock indices ended the …
Leapmotor and Onewo shares tumble in Hong Kong debut
By Scott Murdoch and Donny Kwok HONG KONG (Reuters) – Hong Kong’s two largest completed IPOs of 2022 worth a combined $1.5 billion closed deep …
‘The selling pressure is feeding on itself:’ ARK, meme stocks tumble as Fed hike looms
By David Randall NEW YORK (Reuters) – Sizzling inflation that helped send 2-year U.S. Treasury yields to fresh 14-year highs continued to burn some of …
U.S.-listed Chinese shares tumble on geopolitical, regulatory concerns
(Reuters) – U.S.- listed shares of Chinese companies fell on Tuesday over rising tensions between Beijing and Taiwan, while a Reuters report naming Alibaba among …
Brazil’s BRF shares tumble after weak quarter
By Ana Mano SAO PAULO – Investors dumped shares in Brazilian food processor BRF SA on Thursday after a wider-than-expected quarterly loss partly attributed by …
Meta and others tumble after hours as results point to weak economy
By Noel Randewich (Reuters) – Shares of several major U.S. companies tumbled in extended trade on Wednesday following poor quarterly results and forecasts that underscored …
U.S. pending home sales tumble in June as mortgage rate soar
WASHINGTON – Contracts to buy U.S. previously owned homes fell more than expected in June as rising mortgage rates and higher house prices continued to …
NetEase delays Diablo Immortal’s China launch, shares tumble
By Josh Ye HONG KONG – Internet and gaming giant NetEase delayed the rollout of its video game Diablo Immortal in China three days ahead …
Tumble in Coinbase pushes Wood’s ARK fund closer to pandemic low
By David Randall NEW YORK – A collapse in cryptocurrency company Coinbase Global Inc pushed star stock picker Cathie Wood’s ARK Innovation ETF down nearly …
Brazil’s BRF pledges changes after bad first quarter; shares tumble
By Ana Mano SAO PAULO – Brazilian food processor BRF SA on Thursday attributed disappointing first-quarter results to a rise in costs and inflation in …
Nektar stops clinical trials for key cancer drug, shares tumble
(Reuters) – Nektar Therapeutics said on Thursday it had stopped all trials involving its key cancer drug following its failure in multiple studies, dragging the drug …
Sri Lanka industry says 2022 exports could tumble 20%-30% on economic crisis
COLOMBO – Sri Lankan leaders from garments, tea and other industries said on Friday the country’s goods and services exports could plunge 20% to 30% …
Huntsman Corp beats Starboard’s board challenge, shares tumble
By Svea Herbst-Bayliss BOSTON -Hedge fund Starboard Value LP on Friday lost a fight to replace four directors at Huntsman Corp but shares of the …
March U.S. auto sales to tumble on rising inflation, Ukraine crisis- data
– U.S. auto retail sales could decline in March as rising inflation hinders spending by customers already limited by slim inventories due to pandemic-led supply …
U.S. mortgage applications tumble last week – MBA
WASHINGTON – U.S. mortgage applications plunged to their lowest level in more than two years last week as rising mortgage rates dampened demand for loans …