Asian stocks suffered a drop in Wall Street and stood near three year highs on Monday, China took the lead as data showed a significant increase in profits earned by industrial firm in the second largest economy of the world.
Amazon.com Inc is facing a tough phase in the recent times amid disappointing quarterly results for more than a year now. The patience of its investors is also on test and the threat of break down is looming large.
... * Russia has to start paying by Jan. 15 2015 -paper. * Ruling comes amid turmoil in Ukraine and East-West rift. * Court to announce verdict later on Monday (Adds detail, quote).
Chinese stocks rose, lifting a gauge of mainland companies in Hong Kong more than 20 percent from this year's low, as government stimulus boosts investor confidence in the world's second-largest economy.
... * Net profit rises to 197 mln euros vs 157 mln euros forecast. * Forward bookings strong, will increase winter capacity. * Guidance boost follows warnings by main rivals (Adds CFO quotes, context).