Nasdaq News

(RTTNews) - The Japanese stock market which resumed trading on Wednesday after a long weekend, is declining as investors played catch up with the heavy losses in global markets earlier this week.

Image source: The Motley Fool.

(RTTNews) - The Indonesia stock market has tracked lower in back-to-back sessions, sinking more than 125 points or 2.5 percent along the way. The Jakarta Composite Index now sits just beneath the 4,935-point plateau although it's due for a positive bounce on Wednesday.

The Internet of Things (IoT), that catch-all phrase describing the tens of billions of new devices that hook up to the internet, is still a work in progress. Microsoft (NASDAQ: MSFT) and AT&T (NYSE: T) recently announced that they're teaming up on a new service for large ent

Bentley Systems, which provides software for construction and infrastructure projects, raised $237 million by offering 10.8 million shares at $22, above the revised range of $19 to $21. The company had originally filed with a price range of $17 to $19. Bentley Systems plans to li

LINE, which has more than 84 million users in Japan, announced Friday it has started a rewards program where it gives out its token LINK to those that use its digital services.

• Users will be rewarded with LINK by connecting their accounts to its three mobile apps, including LINE Pay for remittance and settlement, LINE Securities for personal investment and LINE Score for credit evaluation, CoinDesk Japan reported on Sept. 19.
• The reward program is part of LINE’s effort to promote its blockchain initiative. In 2018, the company created an in-house lab to develop decentralized applications (dapps) based on its patented LINE Blockchain.
• It launched its digital asset wallet and a development platform for dapp developers in August.
• The program started on Sept. 18. Under the plan, 10,000 users who have LINE family credit cards issued by LINE Pay will receive 2,000 yen ($19.6) worth of LINK tokens, while LINE Securities users will get up to 500 yen ($4.76) worth of tokens by opening an account and completing a questionnaire. LINE Securities was started in collaboration with Nomura Holdings, one of the largest stock brokerages in Japan. 
• Users can convert the tokens into fiat currency by the LINE’s crypto asset trading service Bitmax, where they need to open an account to process such transactions. 
• The company aims to encourage its users to participate in the token economy in which more people would trade or use the LINK token as a way of payment and increase its utility.
• Other messaging app companies are also developing their own native tokens to leverage their large user bases. Kik and Telegram have also made efforts to launch tokens on a blockchain.

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(RTTNews) - Oracle Corp. (ORCL) said that the Department of Labor Administration Law Judge ruled in favor of the company and found no evidence whatsoever of discrimination at the company.

(RTTNews) - The Australian stock market is rising on Wednesday after four straight days of losses following the tech-led rebound overnight on Wall Street and as U.S. Federal Reserve Chair Jerome Powell said the central bank remains committed to using its tools to ensure a strong

Does the world need another new banking service and app? Perhaps. A recently founded company, One, rolled out its eponymous banking app on Tuesday; it is available as a free download in Apple App Store and within Alphabet's Google Play.

(RTTNews) - The Hong Kong stock market has finished lower in consecutive trading days, plummeting more than 740 points or 3 percent along the way. The Hang Seng Index now rests just above the 23,715-point plateau although it's tipped to open in the green on Wednesday.

(RTTNews) - The China stock market has finished lower in back-to-back sessions, retreating more than 60 points or 1.8 percent along the way. The Shanghai Composite Index now sits just beneath the 3,275-point plateau although it's poised to halt its slide on Wednesday.

Chinese e-commerce giant JD.com (NASDAQ: JD) will spin off its massive JD Health subsidiary in an initial public offering (IPO), the company has revealed in a tersely worded regulatory filing. It will list its shares on the Main Board of the Hong Kong Stock Exchange.

(RTTNews) - The Taiwan stock market has finished lower in two consecutive trading days, sinking more than 230 points or 2 percent along the way. The Taiwan Stock Exchange now rests just above the 12,645-point plateau although it's got a solid lead for Wednesday's trade.

All three major U.S. indexes jumped on Tuesday, with the S&P 500 and the Nasdaq both ending a four-session losing streak. The tech-heavy index closed regular trading roughly 9% off its early September records, while the proxy index for the market rests about 7.4% below its h

(RTTNews) - The Singapore stock market has finished lower in four straight sessions, slipping more than 40 points or 1.7 percent in that span. The Straits Times Index now sits just beneath the 2,465-point plateau and it may stop the bleeding on Wednesday.

Churchill Capital Corp V, the fifth blank check company founded by dealmaker and former Citi executive Michael Klein, filed on Tuesday with the SEC to raise up to $300 million in an initial public offering. The New York, NY-based company plans to raise $300 million by offering 30

Laird Superfood, which manufactures plant-based packaged beverage products, raised $58 million by offering 2.7 million shares at $22, the high end of the upwardly revised range of $21 to $22. The company originally planned to offer 2.2 million shares at $18 to $20 before increasi

(RTTNews) - The Malaysia stock market on Tuesday snapped the three-day slide in which it had stumbled more than 30 points or 2.1 percent. The Kuala Lumpur Composite Index now rests just above the 1,505-point plateau and it may add to its winnings on Wednesday.

Struggling video game retailer GameStop (NYSE: GME) sure wasn't struggling on the market Tuesday. The company's shares rose precipitously on news regarding one of its key shareholders.

What happened Shares of Zoom Video Communications (NASDAQ: ZM) climbed 5.2% on Tuesday as COVID-19 continues to spread around the world at an alarming rate.