Shares of 18 companies surged on their ChiNext debut on Monday, kicking off a historic reform that will see Shenzhen officially challenge Shanghai for tech listings, while adding fuel to a "technology war" with the United States.
(RTTNews) - Asian stock markets are mostly higher on Monday following the record closing highs on Wall Street Friday and on news that the U.S. Food and Drug Administration or FDA has granted emergency authorization for the use of blood plasma to treat hospitalized coronavirus pa
An explosion on the Arab Gas Pipeline has caused a power blackout in Syria and initial indications point to an attack, the energy minister told state-run television on Monday.
Operations at Indonesia's largest nickel smelting facility were not disrupted by worker protests outside the plant on Saturday over shifts during the coronavirus pandemic, a spokesman for PT Indonesia Morowali Industrial Park (IMIP) said on Monday.
Thailand's exports in July dropped by a smaller-than-expected 11.37% from a year earlier, led by lower shipments of cars and plastic pellets, the commerce ministry said on Monday.
(RTTNews) - Rio Tinto Plc said that it will cut this year's bonuses of its chief executive officer and two other senior executives following a review of the company's destruction of two ancient rock shelters in Western Australia.
Crude oil prices remained steady on Monday as storms closed in on the Gulf of Mexico, shutting more than half the region's oil production, although prices were capped by ongoing concerns about fuel demand being sapped by coronavirus lockdowns.
Apple Inc.'s South Korean unit has proposed measures to address antitrust concerns and offered to provide 100 billion won ($84.02 million) worth of support programmes for small businesses, consumers and others, the country's competition watchdog said on Monday.
(RTTNews) - Indian shares are seen opening higher on Monday, with market sentiment likely to be swayed by updates related to Covid-19, global cues, rupee movement and the upcoming hearing in Supreme court on the AGR dues.
The enormous rally in tech stocks has further to run, according to analysts at investment bank J.P. Morgan, who recommend staying invested across the sector for its growth potential.
Some of China's largest banks are set to post their first drop in first-half profits since the global financial crisis, hit by a surge in bad debt and higher loan-loss provisions due to the coronavirus pandemic, analysts and official data indicate.
Dustin Johnson made sure he didn't squander a final round lead again, romping to an 11-shot victory at the Northern Trust Open on Sunday and taking back the world No. 1 ranking with the 22nd win of his career and second of the season.
Gold slipped on Monday as the dollar steadied near a more than one-week high, while investors awaited Federal Reserve Chairman Jerome Powell's speech at Jackson Hole later this week for clarity on the direction of U.S. monetary policy.
Asian shares started cautiously on Monday on jitters over heady valuations though sentiment was underpinned by coronavirus hopes after the U.S. Food & Drug Administration (FDA) authorised the use of blood plasma from recovered patients as a treatment option.
A Hong Kong tourism company has moved its walking tours online to reach a travel-starved audience unable to explore new places due to coronavirus restrictions.
Australia's Boral Ltd on Monday slashed its earnings expectations for fiscal 2020, scrapped a final dividend payout and said it would book an impairment charge of A$1.35 billion ($967.14 million) on some underperforming assets.
Qantas Airways Ltd said on Monday its international division head Tino La Spina would leave the company, in a cost-saving move at a time when the airline has grounded all international flying due to the coronavirus pandemic.
Crude oil prices nudged higher on Monday as storms bore down on the Gulf of Mexico, shutting more than half the region's oil production, although gains were capped by ongoing concerns about demand from coronavirus lockdowns.
Australia's Afterpay Ltd on Monday said it would acquire Spain-based peer Pagantis to expand its operations into Europe, as it rides a boom in online shopping sparked by the COVID-19 pandemic.
The dollar steadied against major currencies on Monday as traders looked to the Federal Reserve's annual Jackson Hole retreat for guidance on the outlook for U.S. monetary policy.