Tuesday , 16 December 2025

Recent Posts

JD sales beat estimates, defies slowdown

  Bloomberg JD.com Inc reported stronger-than-projected revenue growth after consumers continued to flock to the country’s second-largest online retailer despite an economic slowdown. Sales hit 267.6 billion yuan ($39.1 billion) during the second quarter, beating the average forecast of 261.7 billion yuan. The Beijing-based company logged net income of 4.4 billion yuan, following three consecutive quarters of losses. Its shares …

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US futures rise, dollar steady

  Bloomberg US index futures posted modest gains, Treasuries nursed losses and the dollar was steady as markets remained on edge ahead of the Jackson Hole central bankers’ symposium later this week. Futures on the the S&P 500 and Nasdaq 100 fluctuated before turning higher after US stocks plunged the most in two months. The 10-year Treasury yield held above …

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Manga app seeks 2023 IPO in Tokyo at $6 billion value

Bloomberg South Korean messaging giant Kakao Corp.’s manga business is pushing back plans to go public on the Tokyo Stock Exchange until next year, aiming for a valuation of $6 billion or more. Manga app operator Kakao Piccoma Corp had previously planned an initial public offering (IPO) for this December, but is delaying the process amid slumping tech valuations, according …

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