HONG KONG (Reuters Breakingviews) - Japanese Prime Minister Shinzo Abe will struggle to lift the curse of a safe-haven yen. Market turmoil has sparked a stampede into refuges, such as gold, high-rated government bonds and the yen. While a sustained rally will hammer expo
(RTTNews) - Google has asked all of its North America employees to work from home if their role allows, according to reports citing the company's internal memo. The company is recommending the move due to the coronavirus outbreak.
(RTTNews) - The Indonesia stock market on Tuesday wrote a finish to the three-day slide in which it had fallen more than 150 points or 2.8 percent. The Jakarta Composite Index now rests just above the 5,220-point plateau and it's looking at another green light for Wednesday's tr
Tesla (NASDAQ: TSLA) is searching for a location to break ground on a factory for its recently announced Cybertruck, the electric-car maker's CEO said in a tweet on Tuesday evening. The factory would be somewhere in "central USA," according to Elon Musk. In a follow-up tweet, M
Oil prices climbed for a second day on Wednesday, lifted by hopes that U.S. producers will cut output, but gains were limited compared with Monday's crash after Saudi Arabia and Russia triggered a price war.
Talk of possible fiscal stimulus helped boost markets Tuesday, as the Dow gained 1,167 points. Concerns that such aid won’t be forthcoming soon has the markets worried.
Toyota Motor Corp (7203.T), on Wednesday agreed to an average annual pay raise of 8,600 yen ($82.15) per month in the year starting April, the Nikkei newspaper reported.
Australia's top flight National Rugby League (NRL) has been plunged into scandal on the eve of its season-opener, with two Canterbury Bulldogs players stood down after taking two "young females" back to their hotel rooms on a pre-season tour.
Air freight rates are skyrocketing after the grounding of many passenger flights in Asia has left shippers scrambling to book limited spots on cargo planes as Chinese industrial production restarts, according to industry insiders.
MELBOURNE (Reuters Breakingviews) - A company synonymous with copying should expect some duplication. Xerox has become aggressive since pushy investor Carl Icahn arrived on the scene. After rancorously blowing up a deal and ending a 57-year joint venture with Japan’s F
Tesla Inc Chief Executive Officer Elon Musk said on Tuesday he was looking for locations in the central United States to build a new factory for the company's electric pickup truck.
(RTTNews) - The Taiwan stock market on Tuesday halted the two-day slide in which it had retreated almost 540 points or 5.2 percent. The Taiwan Stock Exchange now rests just above the 11,000-point plateau and it figures to find additional support again on Wednesday.
What happened
Wall Street suffered a crash of historic proportions Monday -- followed by a nearly as historic reprieve on Tuesday. In such a situation, it actually makes a lot of sense that we're seeing shares of industrial stalwarts including Textron (NYSE: TXT), TransDigm (NYS
Britain's new finance minister Rishi Sunak will pledge billions of pounds to fight the impact of coronavirus on Wednesday, and the Bank of England might add its firepower to the attempt to stave off the risk of a new recession.
(RTTNews) - The Singapore stock market on Tuesday ended the three-day losing streak in which it had plummeted more than 240 points or 8.4 percent. The Straits Times Index now rests just above the 2,830-point plateau and it's looking at another green light again on Wednesday.
If the Olympics can't be held in Tokyo this summer due to the global outbreak of the coronavirus, a delay of one or two years would be the most realistic option, a Tokyo Olympic Committee executive board member told the Wall Street Journal.
Some investors are growing increasingly concerned about liquidity disruptions in the more than $500 billion-a-day U.S. Treasury market, as volatility in the face of a spreading coronavirus outbreak and gyrating oil prices fuels massive shifts in yields.
Tata Steel Europe is planning to cut 1,250 jobs as it faces "challenging circumstances" and "needs to urgently improve profitability", Chief Executive Officer Henrik Adam said in an internal memo seen by Reuters on Tuesday.
The White House will meet large technology companies on Wednesday to coordinate efforts over the coronavirus outbreak, seeking to control a contagious respiratory illness that has infected almost 1,000 people in the United States and more than 100,000 globally.