South Korea: The women of the Gwangjang Market

Seoul, South Korea – The sun sets on a cool autumn Sunday afternoon but the action is just getting started at one of Seoul’s oldest establishments – the Gwangjang Market. The century-old market began its life as the Joseon dynasty was coming to an end with merchants looking to counteract the increasing influence of their Japanese…

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Strong Earnings Haven’t Cured the Stock Market’s Blues

Investors are selling the shares of firms that hit quarterly earnings expectations at the highest rate since 2011, a sign of concern over how long the good times can last for American corporations. Led by the likes of Amazon.com Inc., U.S. companies are on pace to extend a streak of double-digit earnings gains this quarter.…

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Bringing Up Baby’s Market Share at J&J

It’s a high-stakes corporate gamble, full of peril: Johnson & Johnson has turned its iconic, golden-hued baby shampoo clear. The move is part of a sweeping plan to overhaul the company’s struggling namesake franchise. J&J has remade its Johnson’s baby product line, cutting out chemical dyes and adding natural ingredients like coconut oil. It has…

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Tencent Music Pauses IPO Amid Market Turmoil

Tencent Music Entertainment Group is postponing its initial public offering until at least November because of the selloff in global markets, according to people familiar with the offering, hitting pause on what would be one of the largest IPOs in the U.S. this year. The music-streaming company met with its underwriting team this week to…

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Quickening Retreat From Tech Sinks Market

The Dow industrials extended their steepest October retreat since the financial crisis Wednesday, posting an 832-point decline that raises fresh concern about the health of the nine-year-old bull market for stocks. The selling was led by the technology shares that have fueled much of the 2018 advance in U.S. stocks, with Netflix Inc. dropping 8.4%,…

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A Frenzy of New Market Bets Is Fading

One sign that investors’ doubts about the market are growing: the slowdown of new money into the investment world’s most popular products. Net inflows into U.S. mutual funds and exchange-traded funds are down 46% through the first three quarters of the year, according to new data tracked by Morningstar. They totaled $281.7 billion this year through September,…

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Amazon, Walmart brawl over the market Toys ‘R’ Us left behind

Investors are talking about reviving the bankrupt Toys “R” Us, but its multi-billion-dollar business is meanwhile being picked over by the big three — Amazon, Walmart and Target. What’s going on: Target and Walmart are adding floor space to accommodate more toys this holiday season, reports WSJ. And they are in a pitched toys battle…

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The booming economy arrives in the bond market

Data: FactSet; Chart: Harry Stevens/Axios The two-year Treasury yield is spiking to levels not seen since before 2008, and U.S. 10-year and 30-year Treasury yields are hitting levels not seen in more than five years, having climbed steadily since September. Why it matters: The second-longest economic expansion in U.S. history (and longest job-market expansion) shows…

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How to Reach Chinese Consumers? Market in Australia

SYDNEY—Unilever PLC wants its Australian instant-soup brand to be a top-seller in the lucrative Chinese market. But instead of launching an advertising campaign in Beijing, it is offering free samples to Chinese residents here, hoping they’ll buy and ship the product to family, friends and other consumers back home. The Chinese buyers in Australia are…

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