Chinese stocks fell for the first time in three days in New York, led by NQ Mobile Inc. and NetEase Inc., on concern slowing foreign investment will delay a rebound in the world’s second-largest economy.
Chinese stocks fell in New York for the first time in six days, led by Spreadtrum Communications Inc., on concern the Federal Reserve will step back from more stimulus, curbing inflows into emerging markets.
“Iron Man 3,” the superhero movie from Walt Disney Co.’s Marvel division, looks set to jump-start the summer movie season with the biggest opening in a year that so far has proved disappointing to Hollywood.
Yelp Inc. had its biggest gain in more than a year after first-quarter revenue topped analysts’ estimates, helped by an expansion into new markets and a jump in local advertising on its consumer-review website.
Yelp Inc. shares posted their biggest gain since March 2012 after first-quarter revenue topped analysts’ estimates, helped by an expansion into new markets and a jump in local advertising on its consumer-review website.
Facebook Inc., the largest social- networking service, is making headway in its push to boost sales by giving advertisers more ways to reach people who share photos and status updates over wireless devices.
Alibaba Group Holding Ltd. agreed to buy a stake of about 18 percent in Sina Corp.’s Weibo for $586 million, connecting China’s largest Twitter-like service with the nation’s biggest e-commerce company.