Nasdaq News

The Chinese yuan led commodity currencies higher against the dollar on Monday as investors lapped up risky assets on growing expectations of a strong Chinese economic rebound.

The Russian rouble was flat on Monday, staying away from a near six-week low hit on Friday, supported by rising oil prices and growing risk appetite even as spikes of new COVID-19 cases around the world hindered some economies from reopening.

MTU Aero Engines said on Monday it planned to cut staff capacity by 10-15% by the end of 2021 as the coronavirus crisis takes its toll but the German aircraft engine maker said it would avoid compulsory redundancies.

Japan's Mitsui Mining and Smelting said on Monday its two zinc mines in Peru resumed operations on July 2 after a closure of more than three months to limit the spread of the novel coronavirus.

Germany's benchmark 10-year Bund yield edged up on Monday, pulling further away from recent five-week lows in the face of rallying equity markets.

(RTTNews) - Geberit Group (GBERY.PK, GBERF.PK) reported that, in the first half of 2020, net sales decreased by 9.8% to 1.468 billion Swiss francs. This includes negative currency effects totalling 87 million francs. In local currencies, sales figure declined by 4.5%. The Group

Chinese e-cigarette and vape manufacturer Smoore International, one of the largest companies of its kind in the world, has raised $918 million after pricing its shares at HK$12.40 each in its Hong Kong initial public offering (IPO), according two sources with direct knowledge of the matter.

Britain's Cineworld said on Monday it plans to make a counter-claim against Cineplex for damages and losses following a failed acquisition.

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China's foreign ministry said on Monday the United States had deliberately sent its ships to the South China Sea to flex its muscles and accused Washington of trying to drive a wedge between the countries in the region.

Maersk said on Monday it had agreed to buy Sweden-based customs broker KGH Customs Services for 2.6 billion Swedish crowns ($281 million), as the container shipping group seeks to expand its end-to-end logistics services.

Barratt Developments said on Monday its deliveries had fallen by a third as the coronavirus crisis halted construction activity, though the British homebuilder added that it was starting the new financial year with "cautious optimism".

South Africa's rand gained early on Monday, as the dollar was dragged down by a steady rise of coronavirus infections in the United States.

The United Arab Emirates Central Bank said on Monday it will introduce a new overnight deposit facility as of July 12 which will reflect the monetary policy of the regulator.

Orders for German industrial goods rose by 10.4% in May, rebounding from their biggest drop since records began in 1991 the previous month, data showed on Monday, as demand picked up after lockdown measures to fight the coronavirus were lifted.

Former team mates of a South Korean triathlete found dead last month after alleging she had been abused by her coaching staff said on Monday athletes endured a living "hell" and were habitually beaten and verbally abused.

(RTTNews) - Indian shares opened higher on Monday, mirroring positive global cues on hopes that ultra-easy monetary policy and fiscal stimulus will sustain global economic recovery from the coronavirus pandemic.

Almost half of New Zealand's top flight rugby union players believe New Zealand Rugby (NZR) had not made the right choice in appointing Ian Foster as the All Blacks coach, according to a survey released on Monday.

Image source: The Motley Fool.

(RTTNews) - Asian stock markets are in positive territory on Monday despite the absence of fresh cues from Wall Street, which was closed for a holiday on Friday. Investors continue to expect fiscal stimulus measures to support a global economic recovery and shrugged off worries