China stocks rallied on Thursday, with the blue chip index hitting a near a two-and-half-year high, boosted by more government spending to prop up the economy.
Commodity trade financiers in Singapore are teaming up to strengthen lending practices and improve transparency in the sector following a spate of defaults at trading firms, four sources with knowledge of the matter said.
Japan will issue 500 billion yen ($4.7 billion) less in bonds than it had planned for last fiscal year and instead tap reserves to fill tax revenue shortfalls caused by the coronavirus, several government sources said on Thursday.
Hong Kong police arrested a 24-year-old man at the city's airport in the early hours of Thursday on suspicion of attacking and wounding an officer during protests against a new national security law Beijing imposed on the financial hub.
(RTTNews) - Today's Daily Dose brings you news about Pfizer/BioNTech's COVID-19 vaccine trial results; Blueprint's submission of Pralsetinib NDA; reverse merger of MedAvail with MYOS; Liminal BioSciences' efforts to fight the ongoing pandemic and upsized public offering of Adapt
(RTTNews) - Cresco Labs Inc., a multi-state cannabis operator, said it has closed an agreement to sell and lease back its marijuana facility in Fall River, Massachusetts to Innovative Industrial Properties, Inc. or IIP.
U.S. pipeline company Energy Transfer has taken the rare step of invoking force majeure - normally used in times of war or natural disaster - to prevent oil firms from walking away from a proposed expansion of the controversial Dakota Access pipeline, according to two sources familiar with the matter.
(RTTNews) - Indian shares look set to open higher on Thursday as investors react to positive developments over a potential vaccine for Covid-19 and signs of improvement in GST collections during June.
American Airlines Group Inc warns it is overstaffed by about 8,000 flight attendants and might reduce its workforce through early retirements and voluntary leaves as the carrier looks to weather a hit to business from the COVID-19 pandemic.
Asian stocks tracked Wall Street higher on Thursday although sentiment was cautious ahead of U.S. employment data while copper prices jumped to more than six-month highs on a better global outlook and supply fears in top producer Chile.
Twitter Inc has taken down an image tweeted by the U.S. President Donald Trump from its platform, after receiving a copyright complaint from the New York Times.
(RTTNews) - The Thai stock market has finished higher in two straight sessions, advancing nearly 20 points or 1.5 percent along the way. The Stock Exchange of Thailand now rests just beneath the 1,350-point plateau although it may be stuck in neutral on Thursday.
Paul McCartney, Ed Sheeran and The Rolling Stones were among some 1,500 musicians who called on Thursday for the British government to help the live music business survive the novel coronavirus outbreak.
(RTTNews) - The Japanese stock market is rising in choppy trade on Thursday following the mostly positive cues overnight from Wall Street on news about a potential coronavirus vaccine and upbeat U.S. manufacturing data.
Oil prices dipped on Thursday after the United States recorded its biggest one-day spike in coronavirus cases and California reimposed some lockdown measures, stoking worries a resurgence in COVID-19 cases will stall a recovery in fuel demand.
E merging market currencies will likely give back recent gains if a resurgence of the coronavirus pandemic continues in the second half of the year, driving foreign exchange flows to the safer U.S. dollar, a Reuters poll of market strategists showed.
(RTTNews) - PG&E Corp. (PCG) said Wednesday that it has emerged from Chapter 11 bankruptcy protection, after implementing its financial restructuring plan that was previously approved by the U.S. Bankruptcy Court and state regulators.
Beijing's hardline stance on curtailing Hong Kong's autonomy has raised widespread concern, but it may not hurt the yuan as China opens up its massive capital markets in an era of low global yields.