The Business Times
business-time-50
SUBSCRIBERS

Google probe in EU props up stocks of Russian competitor

google-preferred-sourceAdd BT as a preferred source
Published Wed, Apr 22, 2015 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    New York

    THE European Union's antitrust probe into Google sparked a big rally in Russian search engine Yandex NV last week, even though the "Russian Google" still faces significant challenges, competitive and otherwise.

    Yandex has amassed a US$6.54 billion market capitalisation, mainly by selling advertising against the web browser used on 64 per cent of Russian desktop computers.

    Copyright SPH Media. All rights reserved.

    Reuse this contentFeedback

    TRENDING NOW

    Japanese government bonds are also expected to come under pressure from BOJ’s possible launch of quantitative tightening.

    Japan stocks look set for new highs in 2025 on earnings, reform

    Chinese Foreign Minister Wang Yi stopped short of explicitly naming the US or Israel as aggressors, a telling omission from a country that otherwise speaks with little diplomatic timidity.

    Beijing’s calculated silence on the Iran war 

    US President Donald Trump (left) with Chinese President Xi Jinping at a bilateral meeting on the sidelines of the Apec summit in Busan last October.

    China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result

    Eu Yan Sang group chairman Richard Eu has been with the company since 1989 and has seen plenty of change over the years, such as how employees view their jobs.

    Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More