Malayan Banking Bhd (Maybank), Malaysia's largest lender by asset, reported a 51.5% fall in second-quarter profit as incomes shrunk and impairments rose, it said in a bourse filing on Thursday.
Indian shares rose for a fifth straight session on Thursday, ahead of the expiry of derivative contracts for August, with financials leading the gains and real estate stocks jumping after a state in the country reduced a tax on property.
(RTTNews) - Liberty Global (LBTYA, LBTYB and LBTYK) said that it expects to launch a tender offer for Sunrise Communications Group on September 11, 2020, following completion of a ten SIX Swiss Exchange trading-day cooling-off period. The tender offer is scheduled to expire on O
Asian currencies struggled on Thursday as investors looked to a key speech by Federal Reserve Chairman Jerome Powell for hints on inflation and monetary policy, while Sino-U.S. tensions kept a lid on gains for stock markets.
Yields on Japanese government bonds fell on Thursday as worries about renewed diplomatic tension between the United States and China boosted demand for safe assets.
Swiss-listed drugmaker Cassiopea said on Thursday it won approval for its first medicine, an acne treatment called Winlevi, from the U.S. Food and Drug Administration, setting the stage for a likely capital increase to support the launch.
South Korea's central bank kept interest rates steady on Thursday, but sharply downgraded its 2020 growth outlook and kept the door open for more monetary stimulus to support an economy hard hit by the coronavirus pandemic.
Asian currencies struggled on Thursday as investors looked to a key speech by Federal Reserve Chairman Jerome Powell for hints on inflation and monetary policy, while Sino-U.S. tensions kept a lid on gains for stock markets.
TikTok Chief Executive Officer KevinMayer has quit his role and general manager Vanessa Pappas will
replace him on an interim basis, the Financial Times newspaper reported on Thursday, citing a letter sent to the company's employees.
Bob and Mike Bryan, the most successful men's doubles team in the history of tennis, are bringing the curtain down on their 22-year professional careers, the New York Times reported on Wednesday.
(RTTNews) - Indian shares opened higher on Thursday after U.S. durable goods orders data released overnight pointed to an economic recovery and Moderna announced promising results from a small trial of its coronavirus vaccine candidate in elderly patients.
HONG KONG (Reuters Breakingviews) - The Ant Group has vividly brought to life the cost of financial disruption. The Alibaba-backed company's long-awaited initial public offering documents show its core consumer lending unit was hit by regulatory curbs in 2018, forcing it
Gold prices fell on Thursday, following a sharp rise in the previous session, as investors squared positions ahead of a much-awaited speech from U.S. Federal Reserve Chairman Jerome Powell.
(RTTNews) - Abbott Laboratories said Wednesday that it has received an Emergency Use Authorization from the U.S. Food and Drug Administration for a COVID-19 portable antigen test that will deliver results within 15 minutes. It will be priced at $5.
Citadel, one of the world's largest hedge fund managers, said on Thursday it had hired a former Glencore energy derivatives trader to head its first commodities trading team in Asia.
Indian shares clocked broad-based gains on Thursday, led by financial stocks, ahead of the expiry of August derivative contracts and as investors globally awaited a key speech from the U.S. Federal Reserve chairman later in the day.
Tim Tszyu's ruthless demolition of Jeff Horn in Townsville on Wednesday not only marked him out as Australian boxing's coming man but also let him to step out of the shadow of his world champion father Kostya.
Ajax Amsterdam defender Daley Blind says he is "feeling fine" after he collapsed during Tuesday's pre-season friendly against Hertha Berlin when his implanted heart defibrillator momentarily switched off.