“Star Wars: The Force Awakens” broke records in China with an estimated $33 million in ticket sales on its first day in the country, Walt Disney Co. says.
Since entering the Chinese auto market a decade ago, Acura has struggled, selling a little more than 4,000 cars there last year, compared with Audi’s 554,000 and BMW’s 460,000.
The cause of the explosion has yet to be determined.
The chief operating officer says critics will be seeing a turnaround at the Canadian company by 2017.
The yuan is trading at its lowest level in five years against the dollar, following a 0.5 percent devaluation by Beijing earlier this week.
Shares of Affymetrix jumped about 50 percent during after-market trade Friday, following the announcement.
China's economy was off to a shaky start in 2016, as producer prices fell and the main stock market index lost 10 percent in the first week of trading.
The market saw its worst five-day start to a year on record this week as investors were whipsawed by fluctuating oil prices, robust U.S. job growth data.
After Chinese stocks plunged this week, the now-suspended circuit-breaker is being blamed for exacerbating the situation.
December saw a healthy 292,000 jobs added to payrolls, but wage gains were muted, and many of the new jobs could be seasonal.
The Chinese currency has plunged to its lowest level against the dollar in five years, raising concerns about the affect on global markets.
The three single-engine multirole fighters, jointly developed by Pakistani and Chinese engineers, may help in the battle against Boko Haram.
Millennials appear more wary of the market than older Americans. Here’s what needs to change to turn them into investors.
Stocks were down slightly mid-session Friday, having given up an early rally that came after a week of volatility in global markets.
The economy added 292,000 jobs in December — finishing 2015 with 2.7 million for the year, which is lower than last year’s total of 3.1 million — as wages remain subdued and unemployment holds steady at 5 percent.
The $460,000 golden statue of the Chinese leader was reportedly demolished as it lacked government approval.
On Friday, Asian and European markets traded mostly higher, capping a week that saw over $2 trillion wiped from global assets.
A retired Chinese army official reportedly said the military will use the airport on Spratly Islands for test flights and to patrol the disputed South China Sea region.
The past year saw deals worth nearly $4.3 trillion — significantly above the previous peak, before the financial crisis, according to a Thursday report.
Despite the continuing turmoil in global markets, hiring in the services sector is expected to have continued at a strong pace in December.
Government intervention is seen to have boosted stocks after Thursday’s sharp falls, and the controversial "circuit breaker" was suspended indefinitely.
The missile was sent to Havana instead of Florida, and authorities fear the incident could have led to loss of sensitive information, according to the Wall Street Journal.