Oil prices on Monday extended their decline from an early January peak above $70 as the spectre of excess supplies loomed over the market after the spreading coronavirus outbreak hit demand in China, the world's largest oil importer.
Taiwan's Foxconn has received Chinese government approval to resume production at a key plant in the northern China city of Zhengzhou, a source with direct knowledge of the situation told Reuters on Monday.
(RTTNews) - The Australian stock market is extending losses on Monday from the previous session following the negative cues from Wall Street Friday and as China's death toll from the coronavirus outbreak exceeded the global total from the SARS epidemic.
Australian electronics retailer JB Hi-Fi Ltd bucked broader gloomy sales conditions to report a higher first-half profit on Monday and raised its annual earnings forecast, sending shares to a record high.
(RTTNews) - The Hong Kong stock market on Friday halted the four-day winning streak in which it had collected more than 1,175 points or 4.48 percent. The Hang Seng Index now rests just above the 27,400-point plateau and it's looking at another soft start again on Monday.
Stocks and oil fell while safe-haven gold rose on Monday as the death toll from a coronavirus outbreak surpassed the SARS epidemic, raising alarm bells about its severity.
Supporters of Salvadoran President Nayib Bukele gathered on Sunday to press lawmakers to approve a $109 million loan Bukele wants to bolster his plan to better equip police and soldiers in the fight against crime.
The dollar held gains on Monday after job market data provided the latest sign of U.S. economic strength, while worries about the coronavirus epidemic kept other trade-exposed currencies subdued.
(RTTNews) - The China stock market has finished higher in four straight sessions, rising more than 130 points or 4.5 percent along the way. The Shanghai Composite Index now rests just above the 2,875-point plateau although it may run out of steam on Monday.
(RTTNews) - The South Korea stock market on Friday snapped the three-day winning streak in which it had collected almost 110 points or 5.3 percent. The KOSPI now rests just above the 2,210-point plateau and it may take further damage on Monday.
Netgear (NASDAQ: NTGR) released weaker-than-expected fourth-quarter 2019 results late Wednesday, leaving shares down more than 4% in response as investors absorbed the news Thursday.
Despite the incredible bull market run we've had in the 10 years since "the lost decade" ended, stocks don't always go up. Indeed, as that lost decade reminds us, they can go down and stay down for years, particularly if they start from a place of stretched valuations and very h
General Electric (NYSE: GE) has been in the news the last few years, but normally not for good reasons. General Motors (NYSE: GM) has made headlines lately as well, but again not for great reasons. Looking at these two U.S. industrial and manufacturing icons, is there one that s
One thing most retirees want is an income stream that will last through their golden years. Some will get all they need from a pension plan. Others, however, need to supplement their retirement income with additional sources. Among their options is to own a portfolio of dividen
Stocks jumped last week as strong earnings reports and job market data offset concerns about the spread of the coronavirus in China. The Dow Jones Industrial Average (DJINDICES: ^DJI) and the S&P 500 (SNPINDEX: ^GSPC) each gained over 3% to bounce back into positive territ
Sherwin-Williams is expected to declare a 19% quarterly dividend increase while Humana may boost its dividend by 9%, according to IHS Markit, a data analytics firm.
As the 2020s begin, a new era is dawning for the restaurant industry. Mobile ordering, ghost kitchens (an operation with no dining room, set up for delivery only), and the delivery wars are creating a new dynamic for businesses to navigate, and not all players are adapting with
When you've spent the majority of your adult life working, you may be eager to retire as soon as possible. Maybe you have a long bucket list of activities you can't wait to enjoy, or perhaps you're just ready to sit back and enjoy a life of leisure.
Canopy Growth (NYSE: CGC) rolled the dice when it struck a deal last year to acquire U.S.-based cannabis operator Acreage Holdings (OTC: ACRGF). The Canadian cannabis producer paid $300 million up front for the right to buy Acreage with a total potential price tag of $3.4 billio
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