Nasdaq News

South Africa's rand edged weaker on Wednesday, ending a brief recovery rally as intensifying tensions between Washington and Beijing prompted investors to stay on the sidelines.

Image source: The Motley Fool.

Image source: The Motley Fool.

The rouble opened weaker on Wednesday, supported by rising oil prices but pulled back by a strengthening dollar and uncertainty over a U.S. agreement on additional fiscal stimulus.

Turkey's current account is expected to record a deficit of $2.8 billion in June, a Reuters poll showed on Wednesday, as the estimates for the deficit at year-end continued to increase due to sagging tourism revenues hit by the coronavirus pandemic.

Skechers has opened a new flagship store in Paris, on the city's well-known Rue de Rivoli, near the Louvre and other major tourist sites, the U.S. trainers and shoes company said on Wednesday.

JFE Holdings may move up its planned restructuring steps which were unveiled in March, including closure of a blast furnace in its Keihin plant, near Tokyo, to cope with slumping demand amid the COVID-19 shock, its president said on Wednesday.

London's FTSE 100 rose on Wednesday as investors counted on the central bank to further loosen monetary policy after data showed the economy entered a recession in the second quarter with a record 20% plunge in output.

Isracard, Israel's largest credit card company, posted on Wednesday lower second quarter net profit as revenue from credit card transactions was hit by the coronavirus outbreak.

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Japanese industrial conglomerate Toshiba Corp reported on Wednesday its first quarterly operating loss in nearly four years as the coronavirus pandemic hit demand for its electronic devices, copiers and chip-making equipment.

Emerging Asian currencies were flat to lower against a resurgent U.S. dollar on Wednesday, while heavy losses for Malaysian glove makers sent its stock market to a more than one-month low.

The dollar inched ahead on Wednesday, as a jump in U.S. yields pushed it higher against the Japanese yen, while the kiwi briefly hit a one-month low after the central bank extended its bond buying programme.

(RTTNews) - Hong Kong flag carrier Cathay Pacific Airways Limited (CPCAF.OB, CPCAY.PK) reported Wednesday that its first-half loss attributable to the shareholders was HK$9.87 billion or 250.8 HK cents per share, compared to profit of HK$1.35 billion or 34.2 HK cents per share a

Chinese shares fell on Wednesday and were on course for their worst day in over two weeks due to souring global market sentiment and data showing softer growth in bank lending.

Yields on longer-dated Japanese government bonds rose on Wednesday, tracking gains in Treasuries ahead of a record auction of 10-year U.S. government debt later in the day.

(RTTNews) - Indian shares opened lower on Wednesday, with a negative trend in other Asian markets as well as weak industrial output data denting sentiment.

Image source: The Motley Fool.

Image source: The Motley Fool.

Image source: The Motley Fool.