Japanese government bond futures narrowed losses on Thursday after an auction of 30-year bonds saw solid demand, suggesting investors will continue to seek government debt as a safe-haven amid the coronavirus outbreak.
Japan's Nissay Asset Management Corp is buying more U.S. Treasuries, Chinese government debt, and credit funds because of expectations that the coronavirus outbreak will pressure central banks to ease monetary policy.
Monetary policy easing in the United States fueled by worries about the economic impact of the coronavirus is endangering the dollar’s years-long rally and giving a boost to currencies around the world.
(RTTNews) - Canopy Growth Corp. (WEED.TO, CGC) said it plans to close the facilities in Aldergrove and Delta, British Columbia, resulting in the elimination of approximately 500 positions. Also, the company no longer plans to bring a third greenhouse online in Niagara-on-the-Lak
(RTTNews) - Indian shares opened higher on Thursday, with positive global cues and upbeat service sector activity data helping underpin investor sentiment.
Gold edged up on Thursday on safe-haven buying fuelled by worries about the fast-spreading coronavirus, but a rise in equity markets limited bullion's gains.
Bangkok Bank plans to acquire another Indonesian lender after closing its $2.7 billion transaction to purchase a controlling stake in mid-size Indonesian Bank Permata from Standard Chartered and Astra International, an Indonesian official said.
(RTTNews) - Lipocine Inc.'s (LPCN) TLANDO, an oral testosterone product candidate, is back at the FDA altar again, with a decision date now set for August 28, 2020.
Sri Lanka's central bank left its key interest rates unchanged on Thursday following an unexpected uptick in retail inflation but maintained its accommodative stance, highlighting the risks from the coronavirus epidemic.
China's exports and imports likely tumbled in the first two months of the year, a Reuters poll showed, as the health crisis triggered by the coronavirus epidemic disrupted businesses and production and wreaked havoc along global supply chains.
Thailand's headline consumer price index (CPI) in February rose 0.74% from a year earlier, slowing from the previous month and below expectations, commerce ministry data showed on Thursday.
Investors in Rio Tinto Ltd have renewed efforts to force the world's biggest iron ore miner to commit to targets that would scale back emissions of its customers in line with the Paris Agreement on combating climate change.
HONG KONG (Reuters Breakingviews) - A swift return to normal in Macau is looking like a long shot. One casino operator, Melco Resorts and Entertainment, says recovery from the coronavirus could take four to six months. The slump is starting to make a comparison to China
(RTTNews) - The Thai stock market has finished higher in back-to-back trading days, collecting more than 40 points or 3 percent along the way. The Stock Exchange of Thailand now rests just beneath the 1,380-point plateau and it's got another green light for Thursday's trade.
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