Asian stocks opened lower on Thursday, tracking a sharply lower Wall Street session amid fresh concerns that the global economic recovery is running out of steam.
Singapore agribusiness Wilmar International said on Thursday its China business, Yihai Kerry Arawana (YKA), was set to raise 13.9 billion yuan ($2.06 billion) in its proposed initial pubic offering.
TikTok owner ByteDance has applied for a licence in China in line with the country's tech export requirements, as it strives to seal a deal with Oracle Corp and Walmart Inc for TikTok's U.S. operations to stave off a U.S. ban on the app.
The Malaysian ringgit, which weakened sharply on Wednesday on rising political uncertainty, faces another, possibly more potent threat Thursday when FTSE Russell announces its decision on whether it will retain Malaysian sovereign bonds in its World Government Bond Index.
U.S. President Donald Trump said on Wednesday he may or may not approve any new, more stringent FDA standards for an emergency authorization of a COVID-19 vaccine, saying such a proposal would appear political.
New Zealand Rugby has demanded a change to the Rugby Championship schedule released on Thursday, complaining that the All Blacks will be forced to spend Christmas in quarantine when they arrive home.
Miniso Group Holding, a minimalist lifestyle and household good retailer in China, filed on Wednesday with the SEC to raise up to $100 million in an initial public offering. However, this is likely a placeholder for a deal we estimate could raise up to $1 billion.
The company des
Australia on Thursday unveiled its biggest shakeup in bankruptcy laws in nearly three decades, allowing businesses to trade while insolvent and take more control over debt restructuring, in a bid to help firms through the coronavirus crisis.
Some Bank of Japan board members warned a resurgence in the coronavirus pandemic could delay Japan's economic recovery and destabilise its banking system by pushing more companies under, minutes of the bank's July rate review showed on Thursday.
(RTTNews) - The Singapore stock market on Wednesday ended the four-day losing streak in which it had stumbled more than 40 points or 1.7 percent. The Straits Times Index now sits just above the 2,480-point plateau although it figures to head south again on Thursday.
Months after China brought its coronavirus epidemic under control, its consumers are slowly opening their wallets again - but the hard days of lockdowns still weigh on many shellshocked lower-income households, who prefer to hold on to their cash.
Australia's Westpac Banking Corp said on Thursday it had reached an agreement with regulator AUSTRAC in its case against the lender for breaching anti-money laundering and counter-terrorism laws.
What happened
Well, that certainly got ugly in a hurry. For most of Wednesday trading, the Nasdaq composite index was in the red a bit -- down 1%, which isn't great, but isn't horrible in the context of some of the larger declines we've seen these past few months. Then, all of a
While China's coastal provinces and major cities are recovering from the coronavirus pandemic, firms in its poorer western and central provinces are falling well behind in metrics like output and sales revenue, a private survey showed on Thursday.
Arthur Ochs Sulzberger Jr. will retire as chairman and a member of the New York Times Co's board by the end of December, the newspaper publisher said on Wednesday.
So long, internal combustion engine. We hardly knew ye -- and starting in 2035, you'll be banned from California new car lots. On Wednesday, California Governor Gavin Newsom signed an executive order that will ban the sale of new gas- and diesel-powered automobiles within the st
(RTTNews) - SPI Energy Co. (SPI) - Shares of the company gained 40% in extended trading session on Wednesday on top of its 1,259% surge in regular trading. The company, which was trading at $1 on Tuesday, has rose to $14 per share, after announcing that it has launched a new ele
The stock market had a tumultuous Wednesday, falling prey to a late-day plunge that sent major market benchmarks down 2% to 3%. Coming just a day after a solid rebound from recent declines, the market's downward movement has a lot of investors nervous about whether we've seen a