Nasdaq News

China's Geely Automobile Holdings Ltd said on Monday first-half net profit fell 43%, as the coronavirus outbreak slammed the brakes on auto sales in the world's biggest market.

Hong Kong-based buyout firm Baring Private Equity Asia (BPEA) on Monday said it has made a counter offer for Japanese nursing home operator Nichiigakkan Co Ltd, which has agreed to be bought by Bain Capital in a deal valuing it at $1.2 billion.

Indian shares rose on Monday as Prime Minister Narendra Modi's assurance on mass production of COVID-19 vaccines and more infrastructure spending by the government boosted sentiment.

China's vaccine specialist CanSino Biologics Inc has won a patent approval from Beijing for its COVID-19 vaccine candidate Ad5-nCOV, state media reported, citing documents from the country's intellectual property regulator.

International Business Machines Corp announced on Monday a new processor chip for data centers that it says will be able to handle three times the workload of its predecessor.

Taiwan will step up scrutiny of mainland Chinese citizens who are residents of Hong Kong and seek to move to the island to ensure they do not engage in spying or other illegal acts, the government said on Monday.

Hong Kong-based buyout firm Baring Private Equity said on Monday it has offered to buy Japan's nursing home operator Nichiigakkan at 2,000 yen ($18.77) per share.

The following table shows rates for Asian currencies against the dollar at 0204 GMT. Currency Latest bid Previous Pct

Gold prices extended losses on Monday, after their worst week in five months, on lingering risk appetite, while the Sino-U.S. trade relationship hinted at potential improvement.

(RTTNews) - The China stock market has moved higher in two straight sessions, advancing more than 40 points or 1.2 percent along the way. The Shanghai Composite Index now sits just above the 3,360-point plateau although it figures to run out of steam on Monday.

The United States will reinstate tariffs on imports of Canadian primary aluminium this weekend. [nL1N2F82AT]

Crude oil traders have become progressively less bullish about the outlook for prices in recent weeks as concern over the lingering COVID-19 epidemic and its impact on the economy have trumped output cuts by the OPEC+ group of producers.

Oil prices climbed higher on Monday, lifted by China's plans to ship in large volumes of U.S. crude in August and September, outweighing concerns over a slowdown in demand recovery after the coronavirus pandemic and an uptick in supplies.

The U.S. dollar began Monday where it left off last week, caught between pressure from worries about the lagging U.S. economic recovery and support from rising U.S. bond yields and safe-harbour demand.

(RTTNews) - The Taiwan stock market has finished higher in back-to-back trading days, collecting more than 125 points or 1 percent along the way. The Taiwan Stock Exchange now sits just beneath the 12,800-point plateau although it's likely to head south on Monday.

Asian shares dozed near recent highs in quiet trade on Monday as investors waited to see if the recent sell-off in longer-dated U.S. Treasuries would extend, and maybe take some pressure off the beleaguered dollar.

Australia's top electronics retailer JB Hi-Fi Ltd posted on Monday a 33% jump in annual adjusted profit, as the shift to working from home prompted by coronavirus-led lockdowns boosted demand for computers and other home appliances.

Australia's Ampol Ltd said on Monday it would sell a 49% stake in a property trust that owns convenience stores to Singaporean sovereign wealth fund GIC [GIC.UL] and Charter Hall Group for A$682 million ($489.81 million).

Japan suffered its biggest economic contraction on record in the second quarter as the coronavirus pandemic crushed business and consumer spending, keeping policymakers under pressure for bolder action to prevent the recession deepening.

U.S. stock index futures indicate Wall Street will make moderate gains on Monday as retail earnings queue up and with housing data in the offing.