Finance
Lebanon’s economic crisis dents local demand for jewelry, art

© Provided by Xinhua BEIRUT, April 22 (Xinhua) — Lebanon’s economic and financial crisis have gravely impacted the fashion, jewelry and art industry in the country, said exhibitors at Luxuria, a Beirut luxury fair. “We saw a drop of 50 percent, if not more, on our products in the local market since the beginning of […]

Updated: Apr 22, 2023
U.S. stocks inch up on higher composite PMI

NEW YORK, April 21 (Xinhua) — U.S. stocks registered slight gains on Friday as U.S. composite purchasing managers’ index (PMI) improved in April. The Dow Jones Industrial Average rose 22.34 points, or 0.07 percent, to 33,808.96. The S&P 500 added 3.73 points, or 0.09 percent, to 4,133.52. The Nasdaq Composite Index increased 12.90 points, or […]

Updated: Apr 22, 2023
U.S. stocks fall on weaker economic data, disappointing Tesla results

NEW YORK, April 20 (Xinhua) — U.S. stocks dropped on Thursday as market sentiment was dampened by a slew of weaker economic data and Tesla’s disappointing operating results in the first quarter. The Dow Jones Industrial Average fell 110.39 points, or 0.33 percent, to 33,786.62. The S&P 500 sank 24.73 points, or 0.60 percent, to […]

Updated: Apr 20, 2023
U.S. stocks close mixed as traders digest earnings reports

NEW YORK, April 19 (Xinhua) — U.S. stocks continued to end mixed on Wednesday as the latest earnings reports failed to move the market in a decisive manner. The Dow Jones Industrial Average fell 79.62 points, or 0.23 percent, to 33,897.01. The S&P 500 sank 0.35 points, or 0.01 percent, to 4,154.52. The Nasdaq Composite […]

Updated: Apr 20, 2023
Production of major industries decreases by 11.59 pc on annual basis

Islamabad [Pakistan], April 19 (ANI): A report released by Pakistan’s Federal Institute of Statistics has revealed that the production of major industries in Pakistan has decreased by 11.59 per cent on an annual basis, Pakistan vernacular media Urdu Point reported. According to the report, the production of major industries decreased by 0.50 per cent on […]

Updated: Apr 19, 2023
U.S. stocks edge higher on investors’ optimism

NEW YORK, April 17 (Xinhua) — U.S. stocks managed to end higher on Monday as the latest data and Fed official comments support investors’ optimism. The Dow Jones Industrial Average rose 100.71 points, or 0.30 percent, to 33,987.18. The S&P 500 added 13.68 points, or 0.33 percent, to 4,151.32. The Nasdaq Composite Index increased 34.26 […]

Updated: Apr 17, 2023
Saudi Prince Gives 4% Aramco Stake to Public Investment Firm

Dubai, UAE – Saudi Arabia’s crown prince announced Sunday the transfer of a 4% stake of the oil giant Saudi Aramco to a subsidiary of the kingdom’s sovereign wealth fund, further boosting its coffers as the kingdom tries to expand its economy beyond oil. Crown Prince Mohammed bin Salman’s decision, announced by the state-run Saudi […]

Updated: Apr 17, 2023
China science, technology news summary — April 15

BEIJING, April 15 (Xinhua) — The following is a summary of published science and technology news of China. SCIENTIFIC EXPEDITION A scientific expedition to estimate the carbon stocks in the alpine wetlands of the Yangtze River’s source region was launched on Thursday in Xining, capital of northwest China’s Qinghai Province. The scientific expedition aims to […]

Updated: Apr 15, 2023
U.S. stocks close lower on contraction of retail sales in March

NEW YORK, April 14 (Xinhua) — U.S. stocks ended lower Friday on bigger-than-expected contraction of U.S. retail sales in March. The Dow Jones Industrial Average fell 143.22 points, or 0.42 percent, to 33,886.47. The S&P 500 was down 8.58 points, or 0.21 percent, to 4,137.64. The Nasdaq Composite Index fell 42.80 points, or 0.35 percent, […]

Updated: Apr 15, 2023
Tips To Prevent Overpaying in Property Investments

When you pursue commercial real estate investing, you aren’t going to know all the tricks of the trade in a day. Purchasing properties takes considerable determination, knowledge, and skill to master. So, here are some tips to prevent overpaying in property investments. Types of Commercial Real Estate When investing in commercial real estate, there are […]

Updated: Apr 14, 2023