Nasdaq News

(RTTNews) - Asian stock markets are mostly higher on Thursday following the overnight rally on Wall Street as new U.S. economic data added to investor optimism about a quick recovery from the coronavirus pandemic. Hopes of more stimulus measures also lifted stocks.

South Korean prosecutors have requested an arrest warrant against Samsung Group heir Jay Y. Lee and two former company executives, they said on Thursday, in an investigation of a controversial 2015 merger and alleged accounting fraud.

The U.S. Transportation Department said late Wednesday it granted final approval to 15 airlines to temporarily halt service to 75 U.S. airports because of a lack of demand stemming from the coronavirus pandemic.

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The Australian and New Zealand dollars hit a setback on Thursday as the sheer scale of recent gains tempted speculators to book profits, though analysts were revising up the outlook for both currencies as investors globally rediscover risk.

Holding golf's Ryder Cup later this year without fans present due to the COVID-19 pandemic would almost make the event "a "yawner", U.S. captain Steve Stricker has said.

The euro held near multi-month highs against its peers on Thursday, on expectations the European Central Bank will expand its bond buying programme later in the day to shore up the coronavirus-stricken economy.

Asian shares rose to a two-month high on Thursday as government stimulus expectations supported investor confidence in an economic recovery from the global coronavirus pandemic.

South Korean prosecutors said on Thursday they had requested an arrest warrant against Samsung Group heir Jay Y. Lee and two former company executives as part of an investigation into a controversial 2015 merger and alleged accounting fraud.

Football players have to acknowledge their responsibility as role models and take a stand against racism, Bayern Munich midfielder Joshua Kimmich has said.

(RTTNews) - Indian shares may open flat to slightly higher Thursday after the recent string of gains.

South Korean shares rose for a fifth straight session on Thursday, as investors held on to global economic recovery and stimulus hopes, offsetting worries about a slump in the country's exports and civil unrest in the United States. The Korean won weakened and the benchmark bond yield fell.

What happened Shares of Ubiquiti (NYSE: UI) rose 13.8% during the month of May, according to data from S&P Global Market Intelligence. The networking equipment vendor delivered a better-than-expected earnings report on May 8, and also bought back a fair amount of stock durin

China said on Thursday it will allow more foreign carriers to fly into the mainland, shortly after Washington barred Chinese passenger carriers from flying to the United States citing Beijing's restrictions on American airlines.

(RTTNews) - Ahead of Wednesday's holiday for the queen's birthday, the Thai stock market finished higher in three straight sessions, gathering more than 35 points or 2.7 percent along the way. The Stock Exchange of Thailand now rests just beneath the 1,375-point plateau and it's

The U.S. Department of Labor issued guidance on Wednesday that allows private equity investments to be offered to U.S. retirement plans as part of diversified investment funds, a move that the leveraged buyout industry has long called for.

LONDON (Reuters Breakingviews) - Boris Johnson is putting spin ahead of substance on Hong Kong. The UK prime minister said on Wednesday he will open a path to citizenship for as many as 3 million residents of the territory if China presses ahead with plans to impose a ne

What happened XPO Logistics (NYSE: XPO) shares lost more than half of their value between mid-February and mid-March on fears the COVID-19 pandemic would cause a sustained recession and that the transport and logistics company was ill-prepared to deal with it.

Australian retail sales suffered a historic plunge in April when much of the country was locked down to combat the coronavirus, as markets and policymakers braced for the nation's worst ever economic contraction in the current quarter.

(RTTNews) - Four current and former senior executives from two major broiler chicken producers, including Pilgrim's Pride CEO Jayson Penn, have been indicted for price fixing.