Indonesia's central bank expects a U-shaped recovery for Southeast Asia's largest economy from the impact of the coronavirus pandemic, its senior deputy governor said in an online seminar on Monday.
Gold prices edged lower on Monday due to a stronger U.S. dollar, but worries over surging coronavirus cases and its impact on the global economy kept the safe-haven metal above the psychological level of $1,800 per ounce.
Asian shares were downbeat on Monday with oil and copper also soft, as a spike in global coronavirus cases hung over markets awaiting efforts from the euro zone and United States to stitch together fiscal stimulus plans to fight the pandemic.
Global wealth managers are examining whether their clients in Hong Kong have ties to the city's pro-democracy movement, in an attempt to avoid getting caught in the crosshairs of China's new national security law, according to six people with knowledge of the matter.
(RTTNews) - Indian shares look set to open on a cautious note Monday amid tepid global cues and on concerns that rising coronavirus cases in the country could derail an economic recovery.
(RTTNews) - The Thai stock market has moved higher in two of three trading days since the end of the two-day slide in which it had fallen more than 20 points or 1.7 percent. The Stock Exchange of Thailand now rests just beneath the 1,360-point plateau and it figures to hold stea
Saudi Arabia's 84-year-old ruler King Salman bin Abdulaziz has been admitted to King Faisal Specialist hospital in the capital Riyadh for medical checks, the state news agency (SPA) reported early on Monday.
(RTTNews) - The Indonesia stock market has finished lower in two of three trading days since the end of the two-day winning streak in which it had picked up almost 50 points or 1 percent. The Jakarta Composite Index now rests just beneath the 5,080-point plateau although it may
Chinese electric vehicle (EV) manufacturer Xpeng Motors, backed by Alibaba Group Holding Ltd, said on Monday it has raised around $500 million in the latest funding round.
(RTTNews) - Ascletis Pharma Inc. said that a single-dose, pharmacokinetic bridging study of non-alcoholic steatohepatitis or NASH drug candidate ASC40 in 34 Chinese subjects has been completed and data indicates that key pharmacokinetic parameters are consistent between subjects
China kept its benchmark lending rate steady for the third straight month on Monday, matching market expectations, amid signs that the world's second-largest economy is recovering from the shock coronavirus pandemic.
Australia will extend its coronavirus loan guarantee scheme for small businesses and increase the credit limit to up to A$1 million ($700,000) from A$250,000, Treasurer Josh Frydenberg said on Monday.
(RTTNews) - The Australian stock market is edging lower on Monday after opening higher following the mixed cues from Wall Street Friday. Worries about the resurgence in coronavirus cases in New South Wales and Victoria weighed on sentiment. Investors also turned cautious ahead o
(RTTNews) - The Hong Kong stock market has alternated between positive and negative finishes through the last six trading days since the end of the two-day winning streak in which it had gathered more than 230 points or 0.9 percent. The Hang Seng Index now rests just beneath the
(RTTNews) - The China stock market on Friday halted the three-day slide in which it had plummeted more than 230 points or 6.7 percent. The Shanghai Composite Index now sits just beneath the 3,215-point plateau and it may add to its winnings on Monday.
Fuel traders and refiners are becoming more pessimistic about the outlook for the global economy and transportation for the rest of this year, even as the crude producers in OPEC+ try to push oil prices higher.
China is expected to keep its benchmark lending rate steady for the third straight month at its July fixing on Monday, a Reuters survey showed, encouraged by a stronger-than-expected rebound from the coronavirus crisis.
Asian shares began warily on Monday as investors eyed efforts to stitch together more fiscal stimulus in the eurozone and United States to help economies ride out the effects of a record jump in COVID-19 cases globally.
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