Malvern Bancorp Swings To Profit In Q4

e-commerce giant Alibaba Group Holdings Ltd. (BABA) reported Thursday that net income attributable to ordinary shareholders for the fourth quarter plunged to 3.27 billion Chinese yuan or $453 million from last year's 23.52 billion yuan. Earnings per ADS were 1.30 yuan or $0.18, compared to 9.00 yuan a year ago.

The British pound weakened against other major currencies in the European session on Tuesday, after data showed that the average earnings in the U.K. grew better than expected in March and the jobless rate rose slightly, while the fall in employment was less than expected and vacancies continued to decline, giving more evidence of a cooling labor market to Bank of England that is preparing to lower interest rates soon.

Indian shares rose on Tuesday after data showed India's retail inflation eased marginally to an 11-month low of 4.83 percent on an annual basis in April from 4.85 percent in the previous month.

The British pound weakened against other major currencies in the European session on Tuesday.

European stocks traded mixed on Tuesday as investors exercised caution ahead of the release of U.S. inflation data that might influence the outlook for rates.

U.K. stocks edged up slightly on Tuesday while the British pound steadied as data showed the U.K. job market is cooling.

French stocks struggled for direction on Tuesday as caution prevailed ahead of the release of U.S. inflation data that might influence the outlook for rates.

German stocks traded lower on Tuesday as investors avoided taking big bets ahead of key U.S. inflation data due this week.