Incyte Corporation INCY was a big mover last session, as the company saw its shares rise more than 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trad
The last two months have seen restaurants closing down, no new films releasing in theatres, no live music performances and sporting events getting canceled indefinitely. But the show must go on!
Tencent Music Entertainment Group TME was a big mover last session, as the company saw its shares rise nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock
American Airlines Group Inc AAL revealed plans to raise $3.5 billion in new financing, to strengthen its liquidity position, as it battles the low-demand environment caused by the coronavirus pandemic.The carrier will offer $1.5 billion in senior secured notes due 2025. It expec
MannKind Corporation MNKD was a big mover last session, as the company saw its shares rise nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now tradi
As the coronavirus pandemic has been forcing us to stay indoors and increasingly resort to cashless payments, transactions in the form of cards or e-wallets are becoming a norm. Precautionary measures to avoid physical contact, which increases the risk of COVID-19 transmission,
The coronavirus outbreak has affected most industries across the globe. However, the technology sector has remained relatively resilient due to its long-term prospects, courtesy of 5G, AI, blockchain, cloud computing and autonomous driving.Among these, autonomous driving technol
Richard Herman Driehaus who is a well-known American businessman and fund manager, developed an investment approach based on the buy high and sell higher rule. This investment strategy is perfect for investors bent on enormous risk-taking. Using this strategy, investors gain fro
Amid all the headlines about the stunning recovery in oil prices, natural gas is struggling with its own set of problems.No major commodity had a worse 2019 than natural gas. The fuel endured a torrid year, registering its worst annual decline since 2014. Prices tumbled more tha
Investors, looking past the COVID-19 pandemic, are betting that the Bank of Canada could be among the first major central banks to hike interest rates, signaling new governor Tiff Macklem's success so far convincing the market not to expect negative rates.
The novel coronavirus has upended how banks manage lending risk, with decades of data rendered moot by a once-in-a-lifetime mix of global economic shutdowns, unprecedented government support and an uncertain path to recovery.
China's home prices are expected to grow slightly faster this year than predicted a few months earlier while sales will stay soft, as Beijing refrains from strong easing to cushion the coronavirus-led slowdown in the sector, a Reuters poll showed.
India's ambition to attract more foreign money into its financial markets is being buffeted again, having only just started to make progress after years of talk but very little action.
China's home prices are expected to grow slightly faster this year than predicted a few months earlier while sales will stay soft, as Beijing refrains from strong easing to cushion the coronavirus-led slowdown in the sector, a Reuters poll showed.
Thailand's central bank is widely expected to leave its key interest rate unchanged at a record low after easing policy three times this year to help mitigate the economic damage from the coronavirus pandemic, a Reuters poll showed.
Changes to the composition of Germany's top court are likely to make it less confrontational towards the European Central Bank following a ruling about bond purchases that sent shockwaves around Europe, according to two sources close to the court.
A global crunch for U.S. dollars that was a hallmark of the early moments of the coronavirus crisis appears to have passed, the latest milestone in a remarkable turnaround in financial conditions engineered by the Federal Reserve and other top central banks.
New Zealand's central bank is expected to hold rates steady at its policy meeting on Wednesday, but strike a dovish tone as fears of a second wave of the coronavirus pandemic brings further economic uncertainty.
Behind the boom in China's steel production since March - and hopes for a quick economic recovery - is a tale of two diverging sectors: construction demand for infrastructure projects has been strong, while manufacturing has been slower to bounce back.
Reuters
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