Whoever succeeds Shinzo Abe as Japan's prime minister will be confronted with growing signs that the job market is deteriorating in an economy laid low by the coronavirus pandemic.
(RTTNews) - Indian shares opened on a positive note Tuesday after a sharp sell-off in the previous session. Weak GDP data as well as heightened geopolitical tensions between India and China served to keep underlying sentiment cautious to some extent.
Oil prices recovered on Tuesday, erasing overnight losses, as investors moved into risk assets and away from the safe-haven U.S. dollar which tumbled to multi-year lows.
Novak Djokovic showed a bit more passion than might have been expected in his first-round win over Damir Dzumhur on Monday but the world number one brushed aside any question that he was feeling the pressure as overwhelming U.S. Open favourite.
Indian shares opened higher on Tuesday after a sharp drop in the previous session, helped by gains in financial stocks, as investors looked past data that showed the country suffered its worst economic contraction on record amid the COVID-19 pandemic.
The head of the Czech Senate declared himself to be Taiwanese in a speech at Taiwan's parliament on Tuesday, channelling late U.S. President John F. Kennedy's defiance of Communism in Berlin in 1963, in remarks likely to further rile Beijing.
Walmart Inc on Tuesday unveiled the perks of its new membership program, Walmart Plus, which will grant subscribers unlimited free delivery, fuel discounts and no checkout lines.
(RTTNews) - Today's Daily Dose brings you news about Acasti Pharma's phase III trial of CaPre, Merger Monday, CorMedix's regulatory catalyst, Vanda Pharma's anticipated milestones, and the progress in Vir/Glaxo's COVID-19 trial.
Several directors resigned from a Singaporean firm linked to bidders for soccer club Newcastle United on Tuesday, the latest hiatus for the bidding group since Reuters reported doctored photos of Barack Obama were among various suspect claims it had made.
Australia's trade minister, Simon Birmingham, said Canberra didn't know why Chinese authorities had detained Australian citizen Cheng Lei, as he warned that the risks for Australian businesses engaged with China had changed.
The future of J.C. Penney (OTC: JCPN.Q) is in more serious doubt than ever following the collapse of talks between the troubled retailer and two of its landlords regarding a sale. The impasse was revealed by Joshua Sussberg, a lawyer representing J.C. Penney, in a bankruptcy cou
(RTTNews) - Ford Motor plans to cut about 1,000 salaried jobs in North America as part of an $11 billion global restructuring plan that was started two years ago, Bloomberg reported citing people familiar with the matter.
(RTTNews) - The Indonesia stock market has moved lower in two straight sessions, sinking more than 130 points or 2.6 percent along the way. The Jakarta Composite Index now sits just beneath the 5,240-point plateau and it's looking at another weak lead on Tuesday.
(RTTNews) - The Japanese stock market is declining on Tuesday following the mostly negative lead overnight from Wall Street and on a stronger yen. Investors also digested mixed local economic data.
GIC, Singapore's sovereign wealth fund, said on Tuesday it and a group of investors, including Brookfield Infrastructure Partners LP, bought an Indian telecom tower company from a unit of Reliance Industries for $3.4 billion.
China's factory activity expanded at the fastest clip in nearly a decade in August, bolstered by the first increase in new export orders this year as manufacturers ramped up production to meet rebounding demand, a private survey showed on Tuesday.
Another new record closing high for the Nasdaq this Monday, with Tech and Consumer Discretionary stocks having a solid trading day. The tech-heavy index concludes its month of August with 0.68% gains on the day, bringing the full-month total to nearly 10%. The Dow slipped 226 po
China's central bank on Tuesday set its official yuan midpoint higher for the sixth trading day in a row to the highest level in more than 14 months, reflecting gains in the spot rate a day earlier.
Australia's trade minister Simon Birmingham said Canberra didn't know why Chinese authorities had detained Australian citizen Cheng Lei, as he warned that the risks for Australian businesses engaged with China had changed.
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