Asian stock markets rose on Thursday as the combination of a rebound in crude prices from historic lows and the promise of more U.S. government aid to cushion the coronavirus-ravaged economy helped calm nervous markets.
(RTTNews) - The Thai stock market rebounded on Wednesday, one day after it had snapped the two-day winning streak in which it had advanced more than 65 points or 5.5 percent. The Stock Exchange of Thailand now rests just above the 1,260-point plateau and it's called higher again
(RTTNews) - The Japanese stock market is rising on Thursday following the positive cues from Wall Street for the first time in three days and the substantial rebound in crude oil prices overnight. Optimism about more U.S. stimulus measures to ease the economic impact of the coro
(RTTNews) - The Indonesia stock market on Wednesday snapped the two-day losing streak in which it had retreated more than 130 points or 3 percent. The Jakarta Composite Index now sits just above the 4,565-point plateau and it's looking at another green light for Thursday's trade
(RTTNews) - The South Korea stock market on Wednesday halted the two-day slide in which it had stumbled more than 35 points or 1.8 percent. The KOSPI now rests just beneath the 1,900-point plateau and it may add to its winnings on Thursday.
Creditors of Brazilian corruption-ensnared conglomerate Odebrecht SA have approved debt restructuring plans of 12 of its subsidiaries, after an online assembly that lasted more than eight hours.
Kimberly Clark (NYSE: KMB) stock rose on Wednesday, thanks to the company's release of its first quarter of fiscal 2020 results. These exceeded analyst projections, particularly on the bottom line.
On January 21, the day the first U.S. case of coronavirus was reported, the secretary of the Department of Health and Human Services appeared on Fox News to report the latest on the disease as it ravaged China. Alex Azar, a 52-year-old lawyer and former drug industry executive, assured Americans the U.S. government was prepared.
A unit of Tyson Foods Inc, the largest U.S. meat supplier, said on Wednesday it plans to close a pork processing facility in Logansport, Indiana, while its more than 2,200 workers at the plant undergo testing for COVID-19.