China's factories stepped up production for a second straight month in May, as the country shook off the economic torpor of the coronavirus, although the weaker-than-expected gain suggested the recovery remained fragile.
China's major indexes pared early losses and were little changed on Monday, as a rally in the start-up board on the latest capital market reforms kept concerns over a second wave of coronavirus cases in Beijing in check.
Most industrial metals fell on Monday as worries rose that a potential second wave of the novel coronavirus in China could lead to lower demand in the country.
(RTTNews) - The Japanese stock market is declining on Monday despite the positive cues from Wall Street Friday as worries about a second wave of coronavirus infections amid the reopening of economies weighed on the market. Investors also turned cautious ahead of the release of a
(RTTNews) - Sanofi and Sobi, together with the World Federation of Hemophilia or WFH and WFH USA, said that they have extended their support of the WFH Humanitarian Aid Program with an additional donation of up to 500 million IUs of factor therapy for humanitarian use. It will f
(RTTNews) - The Hong Kong stock market has finished lower in three straight sessions, sinking almost 780 points or 3.1 percent along the way. The Hang Seng Index now sits just above the 24,300-point plateau although it may see mild support at Monday's open.
(RTTNews) - The China stock market has moved lower in three straight sessions, surrendering more than 35 points or 1.2 percent along the way. The Shanghai Composite Index now rests just beneath the 2,920-point plateau although it may halt its slide on Monday.
(RTTNews) - The Australian stock market is modestly lower on Monday despite the positive cues from Wall Street on Friday, as worries about a second wave of coronavirus infections amid the reopening of economies weighed on sentiment.
Asian markets started the week on the backfoot on Monday while oil prices slipped as fears of a second wave of coronavirus infections in China sent investors scurrying for safe-havens.
Gold prices rose on Monday as the U.S. dollar weakened and fears of a second wave of the coronavirus in Beijing prompted investors to seek the safe-haven metal.
Pilgrim's Pride Corp CEO Jayson Penn began a paid leave of absence following his indictment earlier this month on charges of seeking to set a fixed price for chickens with other industry executives, the company said Sunday.
Oil prices fell on Monday, with U.S. oil dropping more than 2%, as a spike in new coronavirus cases in the United States raised concerns over a second wave of the virus which would weigh on the pace of fuel demand recovery.
Australia's Centuria Capital Group on Monday said it intends to buy the remaining shares of New Zealand's Augusta Capital Ltd for NZ$130 million ($83.5 million), months after pulling its previous takeover offer amid volatile market conditions.
(RTTNews) - The Taiwan stock market has moved lower in two straight sessions, declining almost 300 points or 2.8 percent along the way. The Taiwan Stock Exchange now rests just beneath the 11,430-point plateau and it's got a positive lead for Monday's trade.
The Australian and New Zealand dollars fell against their U.S. counterpart on Monday after fears of a second wave of the coronavirus in Beijing prompted investors to sell currencies sensitive to risk.
Australia's Healius Ltd agreed on Monday to sell its primary care business, which includes large scale medical centres and dental practices, to funds managed by private equity firm BGH Capital for A$500 million ($342 million).
(RTTNews) - The Singapore stock market has finished lower in consecutive trading days, retreating more than 115 points or 4 percent in that span. The Straits Times Index now rests just beneath the 2,685-point plateau although it may find its footing on Monday.
(RTTNews) - The Malaysia stock market has moved lower in back-to-back trading days, sinking almost 30 points or 1.9 percent in that span. The Kuala Lumpur Composite Index now rests just above the 1,545-point plateau although it's looking at a higher open on Monday.
The board of directors of Colgate-Palmolive (NYSE: CL), one of the stock market's sturdiest dividend payers, has declared its latest quarterly shareholder distribution. The company announced it will hand out $0.44 per share on Aug. 14 to stockholders of record as of July 20. At