The Reserve Bank of New Zealand (RBNZ) on Wednesday held its official cash rate at 0.25% in a widely expected decision and expanded its large scale asset purchase (LSAP) programme to as much as NZ$100 billion ($65.39 billion).
(RTTNews) - The Indonesia stock market has moved higher in two straight sessions, collecting almost 50 points or 1 percent along the way. The Jakarta Composite Index now rests just above the 5,190-point plateau although it may run out of steam on Wednesday.
Australian shares fell on Wednesday on worries that a worsening coronavirus outbreak in the country's second-most populous state would further slam economic activity, while gold stocks slumped after bullion prices plunged overnight.
Cable has been in a holding pattern after last month's gains that were driven by a weaker dollar as risk appetite recovered, reducing safe-haven dollar flows, but this may be about to reverse.
The LPGA Shanghai tournament has been cancelled because of health concerns and travel restrictions put in place due to the COVID-19 pandemic, the elite women's professional golf circuit said on Tuesday.
The United States has entered an agreement with drugmaker Moderna Inc to acquire 100 million doses of its potential COVID-19 vaccine for around $1.5 billion, the company and White House said on Tuesday.
Commonwealth Bank of Australia (CBA) on Wednesday cut its final dividend for the first time in more than a decade, as annual cash profit dropped 11.3%, narrowly missing analysts' estimates.
The S&P 500 Index (SNPINDEX: ^GSPC) fell 26.7 points, or 0.8%, on Aug. 11. That marks the first down day for the index in more than a week, with the majority of index components finishing the day's trading lower.
A Trump administration official nominated to lead Latin America's main development bank on Tuesday dismissed the growing regional opposition to his candidacy, the first for anyone outside Latam, as "subversive" and led by a small minority.
Baidu (NASDAQ: BIDU), which owns China's top online search engine, was once considered one of that country's top tech stocks. But over the past three years, its stock has lost roughly 40% of its value as the company has faced tougher competition in digital ads.
In trading on Tuesday, shares of Yamaha Mtr CO (Symbol: YAMHF) crossed above their 200 day moving average of $16.53, changing hands as high as $16.55 per share. Yamaha Mtr CO shares are currently trading up about 8.5% on the day. The chart below shows the one year performanc
(RTTNews) - After swinging between gains and losses till an hour past noon, the Canadian stock market kept sliding as the session progressed on Tuesday to end notably lower, due largely to a sell-off in the materials space after gold and silver futures posted heavy losses.
K12 (LRN) came out with quarterly earnings of $0.12 per share, beating the Zacks Consensus Estimate of $0.03 per share. This compares to earnings of $0.08 per share a year ago. These figures are adjusted for non-recurring items.
Super League Gaming, Inc. (SLGG) came out with a quarterly loss of $0.42 per share versus the Zacks Consensus Estimate of a loss of $0.37. This compares to loss of $0.44 per share a year ago. These figures are adjusted for non-recurring items.
Landec (LNDC) came out with quarterly earnings of $0.05 per share, beating the Zacks Consensus Estimate of $0.03 per share. This compares to earnings of $0.01 per share a year ago. These figures are adjusted for non-recurring items.