Nasdaq News

The airline industry is not likely to recover to pre-coronavirus levels for at least the next six to 12 months, Southwest Airlines Co Chief Executive Officer Gary Kelly said on Thursday.

Indonesia's imports in April shrank at the fastest pace in nearly five years, underlining weak domestic demand and as its export markets were disrupted by the coronavirus pandemic, trade data showed on Friday.

Asian stocks struggled to extend gains on Friday and were on course to end the week lower as deteriorating U.S.-China relations undercut optimism over the reopening of major economies.

Image source: The Motley Fool.

U.S. retail sales likely endured a second straight month of record declines in April as the novel coronavirus pandemic kept Americans at home, putting the economy on track for its biggest contraction in the second quarter since the Great Depression.

Amazon Prime Video, Amazon's streaming service, said it will screen several new Indian films that were originally meant for theatrical release on its platform, starting later this month.

Taiwan's health minister rejected on Friday China's main condition for the island to be able to take part in the World Health Organization (WHO) - that it accepts it is part of China - ahead of a key meeting of the body during a pandemic.

Indonesia state miner PT Indonesia Asahan Aluminium (Inalum) plans to buy back around $1 billion worth of bonds maturing in 2021 and 2023, Chief Executive Orias Moedak told reporters on Friday.

(RTTNews) - Asian stock markets are mostly lower on Friday, with some of the markets paring early gains. Optimism about some states in the U.S. partially reopening their economies was offset by mixed economic data from China and worries about rising tensions between the U.S. and

Singapore state investor Temasek Holdings has joined the Facebook-backed Libra digital currency project which has faced intense scrutiny from global regulators worried its launch could erode national control over money.

ADC Therapeutics, a Swiss Phase 2 biotech developing next-gen antibody drug conjugates for difficult-to-treat cancers, raised $233 million by offering 12.2 million shares at $19, above the range of $16 to $18. The company had originally filed to sell 7.4 million shares before ups

Wuhan, the original epicentre of the new coronavirus outbreak in China, has tested over 3 million residents for the pathogen since April, and will now focus its testing efforts on the rest of its 11 million population, according to state media.

South Korean shares fell on Friday as U.S. President Donald Trump's remarks aggravated trade tensions with China, cancelling out optimism around plans for more U.S. stimulus to revive the coronavirus-hit economy.

The greetings are awkward and the skyscraper lifts half-empty. But Hong Kong's cafes are filling and taxis are harder to find as the first wave of financial professionals return to their offices after an easing of coronavirus lockdown rules.

The euro zone economy's worst recession on record will be even deeper than predicted less than a month ago, according to a Reuters poll of economists. They also said the European Central Bank will ramp up bond buying next month.

Brazilian meatpacker JBS SA on Thursday reported a steep 6 billion reais ($1.03 billion) net loss in the first quarter largely due to foreign exchange impact and warned the COVID-19 pandemic may affect results going forward.

Brazil's Petrobras took a 65.3 billion real ($11.2 billion) impairment on its exploration and production assets on Thursday, warning investors that changes in consumer behavior resulting from the coronavirus pandemic were likely permanent.

(RTTNews) - The Singapore stock market has moved lower in three straight sessions, sinking consecutive trading days, dropping almost 90 points or 3.5 percent along the way. The Straits Times Index now rests just above the 2,520-point plateau although it may stop the bleeding on

China's top energy producers will grow their natural gas output this year by twice as much as in the previous oil rout even as they slash spending due to collapsing oil prices, company officials and analysts said.

Hong Kong's police watchdog will release a much-anticipated report on Friday following a review of the handling of months of often violent anti-government protests last year that plunged the Chinese-ruled city into crisis.