Nasdaq News

German insurer Allianz on Friday posted a better-than-expected 9.5% rise in net profit in the fourth quarter from a year earlier, and it announced a more ambitious profit target for 2020.

China is tracking big data on an array of industrial barometers such as power use and traffic flows to take the pulse of general activity and target stimulus measures aimed at mitigating the impact of the coronavirus on its struggling economy.

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(RTTNews) - Sika (SXYAY.PK, SKFOF.PK), a specialty chemicals company, reported Friday that its fiscal 2019 net profit increased 10.4 percent to 758.5 million Swiss francs from last year's 687.1 million francs.

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(RTTNews) - MediPharm Labs Corp., a Canada-based provider of cannabis oil and concentrates, said Thursday that it has entered into an agreement to supply medical cannabis products to Medical Cannabis by Shoppers, the online platform of Canadian pharmacy chain Shoppers Drug Mart

The yen was set for its worst week in two-and-a-half years on Friday, as fears over the creeping spread of the coronavirus epidemic drove funds out of Asia and looking for safety in the U.S. dollar, gold and bonds.

Image source: The Motley Fool.

Image source: The Motley Fool.

Image source: The Motley Fool.

Image source: The Motley Fool.

Image source: The Motley Fool.

(RTTNews) - Indian shares opened a tad lower on Friday after MPC meeting minutes released by the RBI expressed concerns about economic activity, saying the economy has not bottomed out yet.

Most Southeast Asian stock markets fell on Friday, as the rapid spread of the coronavirus outside mainland China and its impact on Asia's economies dulled the appeal of risk assets.

Retail sales of passenger cars in China crumbled 92% on an annual basis in the first 16 days of February, according to China Passenger Car Association (CPCA), as the coronavirus outbreak slammed the brakes on businesses across the country.

Construction chemicals maker Sika reported annual operating profit on Friday that missed market estimates.

Oil prices fell on Friday amid concerns over fuel demand as the coronavirus epidemic spread further beyond China, while major crude producers stood pat on any early action to cut output to support the market.

Singaporean rig builder Sembcorp Marine Ltd said on Friday a former consultant to the company had been convicted by a federal court in Brazil for corruption, money laundering and participation in a criminal organisation.

Image source: The Motley Fool.

Image source: The Motley Fool.