Rakuten Bank's customer growth is credited to its reward point system aimed at retaining users. The bank may also gain from potential interest-rate hikes by the Bank of Japan, as most of its investment assets are tied to floating rates.
The$阿里巴巴 (BABA.US)$shed 1.09% to $80.71 Thursday, on what proved to be an all-around rough trading session for the stock market, with the$納斯達克綜合指數 (.IXIC.US)$falling 1.37% to 11,066.81 and Dow Jones Industrial Average falling 0.35% to 30,076.68. This was the ADR's third consecutive day of losses.$阿里巴巴 (BABA.US)$closed $101.38 short of its 52-week high ($182.09), which the company reached on October 22nd. ...
The Alibaba Group Holding Ltd. ADR$阿里巴巴 (BABA.US)$, slid 6.09% to $101.45. The ADR underperformed when compared to some of its competitors, as Amazon.com Inc.$亞馬遜 (AMZN.US)$, fell 3.72% to $103.66, eBay Inc.$eBay (EBAY.US)$, fell 5.58% to $41.08, and Rakuten Group Inc.$樂天集團(ADR) (RKUNY.US)$, fell 2.27% to $4.73. Trading volume (22.0 M) remained 5.4 million below its 50-day average volume of 27.4 M.
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