(RTTNews) - The Australian stock market is declining on Wednesday following the mostly negative cues from Wall Street and as investors resorted to profit taking after recent strong gains. Investors now look ahead to the U.S. Federal Reserve's monetary policy announcement due lat
South Korea's LG Chem Ltd said on Wednesday it has signed a conditional contract with China's Ningbo Shanshan Co Ltd to sell most of its liquid crystal display (LCD) polarizer business for $1.1 billion.
(RTTNews) - The China stock market has climbed higher in three straight sessions, accumulating almost 40 points or 1.3 percent along the way. The Shanghai Composite Index now rests just above the 2,955-point plateau although it's looking at a soft start for Wednesday's trade.
China's oil hub Shandong has embarked on a plan to shut down capacity of half a million barrels per day shared among small, independent refiners to make way for a giant complex that should spur economic recovery from the coronavirus crisis.
The dollar nursed losses against most currencies on Wednesday amid some speculation the U.S. Federal Reserve could take steps to curb a recent rise in bond yields at its policy meeting.
Chinese companies are putting off plans for U.S. listings as tensions between the world's top two economies rise, lawyers, bankers, accountants and regulators involved in what has been a major capital-raising route told Reuters.
(RTTNews) - The Taiwan stock market has finished higher in seven straight sessions, advancing almost 700 points or 6.7 percent along the way. The Taiwan Stock Exchange now rests just above the 11,635-point plateau although it may run out of steam on Wednesday.
A measure of Australian consumer sentiment rose for a second straight month in June to recover all of the historic loss suffered during the peak of the coronavirus lockdowns, a promising sign for spending and the economy in general.
U.S. authorities on Tuesday said they have charged the head of California medical technology firm Arrayit Corp and an investor in the company, alleging that they had roles in schemes related to COVID-19 claims.
Dun & Bradstreet, which provides commercial data analytics services, filed on Tuesday with the SEC to raise up to $1.0 billion in an initial public offering.
The company was taken private in February 2019 by an investor consortium led by shareholders Cannae Holdings (NYSE: CN
What happened
Shares of AnaptysBio (NASDAQ: ANAB) jumped over 22% last month, according to data provided by S&P Global Market Intelligence. The beaten-up biopharma stock trekked higher after the development-stage company delivered a slew of pipeline updates alongside first q
Royal Dutch Shell PLC is ready to start negotiating with potential clients the sale of future solar power on Brazil's free energy market from its first farms due to start operating in 2023, Shell's solar business development manager for Latin America said.
Bow Street LLC is close to having eight directors elected to the board of Mack-Cali Realty Corp, which would give the hedge fund control of the real estate investment trust's board, sources familiar with the matter said on Tuesday.
Beyond Meat (NASDAQ: BYND) is in front of significant expansion in Asia. The alt-protein foods maker has signed a distribution deal with China's Sinodis, a company that specializes in distributing foreign comestibles in the country.
Chinese oil companies may soon decline to charter any tanker that has visited Venezuela in the past year to avoid disruption to operations if the United States blacklists more ships for trading with Caracas, four shipping sources told Reuters on Tuesday.