Electronics & Semiconductors

China's top chipmaker reports Q2 plunge in profits

Leading Chinese chipmaker SMIC announced Thursday a sharp year-on-year drop in profits during the second quarter, as a domestic price war and technological rivalry between Beijing and Washington show no signs of abating.

Business

Hong Kong's Cathay unveils deal to buy up to 60 aircraft

Hong Kong carrier Cathay Pacific said Wednesday it would buy up to 60 Airbus A330-900 aircraft as it looks to build on a post-COVID recovery and reach pre-pandemic passenger numbers in the new year.

Stock

In the investment world, a share of stock (also referred to as equity share) represents a share of ownership in a corporation (company).

In the plural, stocks is often used as a synonym for shares especially in the United States, but it is less commonly used that way outside of North America.[1]

In the United Kingdom, South Africa, and Australia, stock can also refer to completely different financial instruments such as government bonds or, less commonly, to all kinds of marketable securities.[2]

This text uses material from Wikipedia, licensed under CC BY-SA