Business

Share markets were whipsawed, while bonds and the dollar rose on Wednesday as results from the U.S. presidential election proved far closer than polls had predicted, potentially leaving the outcome in doubt for days to come.

SK Hynix , the world's No.2 memory chip maker, posted a 175% jump in quarterly operating profit on Wednesday as mobile chip demand rose thanks partly to a rush of orders from Huawei Technologies.

With more than 730 million monthly users in China on its Alipay app and a growing role linking lenders and borrowers, Ant Group had appeared unstoppable as it marched towards the world's largest stock market debut this week.

The European Union and Britain have so far failed to reach agreement on three most persistent sticking points in their trade talks, both sides said on Tuesday, highlighting the fact that any breakthrough in securing a Brexit deal is still a way off.

Hong Kong will regulate all cryptocurrency trading platforms operating in the financial hub, the city's markets watchdog said on Tuesday, changing its previous "opt in" approach.

Stocks that moved heavily or traded substantially Monday:

Wall Street's major indexes were set to bounce back on Monday after their steepest weekly loss since March as investors geared up for an eventpacked week centered around the U.S. presidential election.

Faced with what may be a protracted vote count to determine the next U.S. president, Wall Street investors said they will be closely monitoring election results in certain counties to get an early indication of where the vote is headed.

In Delhi, the rate for 10 grams of 22-carat gold has increased by Rs 10. For purchasing 10 grams of 22-carat gold, you will be Rs 49,210 today.

"There is a shortage of urea in the state," another senior official of the department said on Sunday. According to the officials, Punjab needs 14.50 lakh tonnes of urea for the rabi season, but only about 75,000 tonnes is available in the state.

The Dutch government on Saturday put on hold its plan to bail out KLM, the Dutch arm of Air FranceKLM, after pilots rejected a wagefreeze until 2025, Finance Minister Wopke Hoekstra said.

When the temperature dipped near freezing in Columbus, Ohio in midOctober, the children had no heat. The gas had been shut off in their apartment for nonpayment. DaMir Coleman, 8, and his brother, KyMir, 4, warmed themselves in front of the electric oven.

A group of business leaders and public policy experts is launching a new body to grapple with thorny questions surrounding the future of transportation including selfdriving and electric vehicles.

Asian markets looked to continue an upward swing on Friday, after a rebound in U.S. equities and strong corporate earnings set the stage.

U.S. stocks advanced on Thursday as investors piled into technology heavyweights ahead of their earnings reports, while upbeat domestic economic data calmed widespread concerns about surging coronavirus cases.

Juul Labs Inc has cut its valuation to about $10 billion from $12 billion at the end of last year, according to a company memo seen by Reuters on Thursday, as the once redhot ecigarette maker fizzles in a tumultuous period for the industry.