A firmer dollar held back gold near the $1,900 per ounce psychological level on Monday even as U.S. House Speaker Nancy Pelosi raised hopes for a coronavirus relief package before the presidential election.
Hong Kong's Cathay Pacific Airways Ltd said on Monday it expects to operate less than 50% of its pre-pandemic passenger flight capacity in 2021 as it nears completion of a strategic review that could lead to major job losses.
Oil prices fell on Monday after reports that China's third-quarter economic growth did not rise as much as expected, underscoring concerns that surging coronavirus cases globally are impacting demand in the world's largest oil importer.
(RTTNews) - Asian stock markets are mostly higher on Monday despite the mixed cues from Wall Street Friday. Data showing that China's economy continued to recover from the impact of the coronavirus pandemic and optimism about a U.S. stimulus package before the presidential electi
Asia's trade-exposed currencies inched higher on Monday as China's rebound from the COVID-19 pandemic stayed on course last quarter, even as caution about the U.S. election outcome kept the U.S. dollar supported against other majors.
HONG KONG (Reuters Breakingviews) - China's gross domestic product rose 4.9% year-on-year last quarter, slightly missing expectations but still music to the ears of policymakers worried about unemployment and souring loans. Beijing has al
Synlait Milk Ltd said on Monday its unit Dairyworks had sold its Deep South ice cream operations to New Zealand-based food company Talley's Group, as it looks trim its portfolio and focus on its core cheese business.
(RTTNews) - Cogeco's top investor, Gestion Audem, has rejected Altice USA Inc's C$11.1 billion or $8.43 billion revised buyout offer for Cogeco.Gestion Audem is a company that is controlled by members of the Audet family and holds 69% of all voting rights of Cogeco Inc. (CGO.TO),
Asian markets advanced toward a recent 2-1/2-year peak on Monday powered by hopes of a U.S fiscal package and expectations of a coronavirus vaccine by the end of this year, though weaker-than-expected Chinese data capped gains.
Australian mining billionaire Andrew Forrest said his private company bought bootmaker R.M. Williams from a fund backed by French fashion giant LVMH Moet Hennessy Louis Vuitton SE, returning ownership of the famed fashion label to its home country after six years.
(RTTNews) - The Thai stock market has moved lower in three straight sessions, sliding more than 40 points or 3.3 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,235-point plateau and it's likely to move lower again Monday due to the ongoing pro-d
China's Ant Group has received approval from the Chinese securities regulator for the Hong Kong leg of its about $35 billion dual-listing, a person with knowledge of the matter said on Monday.
China stepped up its economic recovery in the third quarter from the coronavirus shock but missed forecasts, pointing to continued challenges for one of the few drivers of global growth this year.
American Equity Investment Life Holding Co said on Sunday that it entered into a strategic partnership with Brookfield Asset Management Inc and rejected an unsolicited acquisition proposal from Athene Holding Ltd and Massachusetts Mutual Life Insurance Co.
(RTTNews) - Alibaba Group Holding Limited (BABA) said that it will invest about $3.6 billion in a Chinese hypermarket and supermarket operator Sun Art Retail Group that will raise its direct and indirect stake to about 72%.As part of the deal, Alibaba will acquire 70.94% of stake
(RTTNews) - The Japanese stock market is advancing on Monday despite the mixed cues from Wall Street Friday, as data showed that Japan posted a merchandise trade surplus in September that increased from the previous month. Optimism about a U.S. stimulus package before the preside
The Philippines' PXP Energy Corp said it was in ongoing negotiations with China National Offshore Oil Corp (CNOOC) relating to a memorandum of understanding between Manila and Beijing on joint oil and gas development in the South China Sea.
(RTTNews) - The Indonesia stock market has moved lower in back-to-back sessions, dropping almost 75 points or 1.5 percent along the way. The Jakarta Composite Index now sits just above the 5,100-point plateau and it's likely remain in that neighborhood again on Monday.The global
China's economic recovery disappointed in the third-quarter, growing 4.9% from a year earlier and missing analyst expectations, data from the National Bureau of Statistics showed on Monday.
China's Ant Group has received approval from the Chinese securities regulator for the Hong Kong leg of its about $35 billion dual-listing, a person with knowledge of the matter said on Monday.