The new coronavirus caused barely a blip in China's imports of major commodities, but this likely underscores the ways China differs from the rest of the world, rather than providing a template for the globe's recovery from the pandemic.
AstraZeneca Plc said on Tuesday that it would start a clinical trial to assess the potential of Calquence in the treatment of the exaggerated immune response associated with COVID-19 infection in severely ill patients.
UK-based event organiser Hyve said on Tuesday it was considering raising equity among other options to shore up its balance sheet as it secured a debt commitment waiver for June amid the coronavirus pandemic.
Japan's Fukoku Mutual Life Insurance [FKMLI.UL] plans to step up investments in risk assets such as stocks and foreign bonds, seeking portfolio diversification to secure a steady income to offset low global bond yields, a senior official said.
The yuan edged higher against the U.S. dollar on Tuesday, as market sentiment improved after China reported better-than-expected trade data, which somewhat calmed investor worries over business disruption caused by the coronavirus outbreak.
A funding backstop the U.S. Federal Reserve launches on Tuesday should help address liquidity problems that have lingered in the coronavirus-roiled commercial paper market, although participation by debt issuers may be short-lived, analysts said.
Indian Prime Minister Narendra Modi on Tuesday extended a nationwide lockdown until May 3 as the number of coronavirus cases crossed 10,000 despite a three-week shutdown. Modi spoke as the number of people infected with coronavirus reached 10,363.
China's exports and imports slowed their declines in March after plunging in the previous two months, but a sure-footed recovery in trade was months away as the coronavirus outbreak shuts down many economies and sharply lowers global demand.
Oil prices rose more than 1% on Tuesday after the main U.S. energy forecasting agency predicted shale output in the world's biggest crude producer would fall by the most on record in April, adding to cuts from other major producers.
Japan will allow companies to extend the deadline for submission of securities and financial reports until the end of September, amid difficulty closing their books for the year ended March 31 due to the coronavirus pandemic, Finance Minister Taro Aso said.
Asian stocks extended gains on Tuesday after China's trade data came in better than expected and as some countries tried to restart their economy by partly lifting restrictions aimed at curbing the coronavirus outbreak.
A Chinese survey ship that was embroiled in a standoff with Vietnamese vessels last year in the disputed South China Sea has returned to waters within Vietnam's Exclusive Economic Zone (EEZ), ship tracking data showed on Tuesday.
HONG KONG (Reuters Breakingviews) - China’s biggest corporate showdown has kicked off. Alibaba, Tencent and Ping An Insurance dominate e-commerce, video games and insurance respectively. Now the trio, worth a combined $1 trillion-plus in market capitalisation, is conve
Coronavirus tests can be difficult to come by in many countries including in hard-hit parts of the United States and Britain, but in Wuhan, the Chinese epicentre of the pandemic, they are fast, cheap and easy to get.
(RTTNews) - Today's Daily Dose brings you news about Amarin's preliminary Q1 revenue; Athersys' initiation of a phase II/III pivotal study of MultiStem therapy in COVID-19-induced acute respiratory distress syndrome; Fennec Pharma's regulatory catalyst in August; initial data o
China's exports fell 6.6% in March from a year earlier, while imports shrank 0.9%, a better than expected outcome as factories restarted production, though the global coronavirus health crisis looks set to keep trade under pressure over coming months.
Australian officials are investigating whether an illegal social gathering of health workers is behind a spike in coronavirus cases in the island state of Tasmania, as the government forecast national unemployment to hit 10% by mid-year.
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