Nike’s weakness in China, Converse spur growing concern

Nike Inc. shares sank after the company warned that sales will decline this quarter amid persistent weakness in China and at ...
The Edge Singapore

Nike’s stubborn weakness in China, with Converse spur growing concern

Nike reported declining store traffic in the Greater China region and struggled to sell off older inventory. The company is ...
The Edge Singapore

Asian shares advance as US CPI backs rate-cut bets

The MSCI Asia-Pacific Index advanced 0.4%, with technology shares such as Taiwan Semiconductor Manufacturing Co and SoftBank ...