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Apple ends lower as $3trillion market value proves elusive

  Bloomberg Apple Inc shares fall, with the iPhone maker retreating in the wake of a recent advance that brought it within striking distance of what would be a historic $3 trillion market valuation. The stock closed down 2.1% at $175.74. This was Apple’s biggest one-day percentage loss since the broad market selloff on November 26, and it resulted in ...

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China Mobile poised for Shanghai mega listing after US ban

  Bloomberg China Mobile Ltd, the country’s largest wireless carrier by revenue, has received approval from regulators to list in Shanghai after being removed from the New York Stock Exchange due to an investment ban ordered by former President Donald Trump. The state-run enterprise got the nod from the China Securities Regulatory Commission to issue A-shares, according to a filing ...

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Stocks, futures advance before banks meet

Bloomberg Stocks gained on Tuesday as traders prepared for this year’s last central bank meetings later this week. Treasuries and the dollar were little changed. Miners led gains in Europe’s Stoxx 600 Index, while US contracts rose after S&P 500 slid from a record and the tech-heavy Nasdaq 100 underperformed. MSCI Inc’s Asia-Pacific share index falls for a third session, ...

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