Gold prices fell slightly on Thursday, after hitting their highest since March 2013 in the previous session, as Chinese stimulus measures to cushion the economic impact of the coronavirus outbreak stoked investors to opt for riskier assets.
(RTTNews) - Asian stock markets are mixed on Thursday despite easing fears about the coronavirus outbreak and optimism of further stimulus measures by China to support its economy. On Thursday, China cut the one-year loan prime rate or LPR by 10 basis points in order to lower fi
The Australian dollar slid to a near 11-year trough on Thursday as data showing a surprisingly sharp rise in unemployment added to the case for further cuts in interest rates at a time when markets were already skittish over the coronavirus.
(RTTNews) - Warrior Met Coal Inc. (HCC) reported fourth quarter 2019 net income of $20.8 million or $0.41 per share, down from $374.2 million, or $7.11 per share in the fourth quarter of 2018.
A meeting of U.S. government officials to discuss further curbs on exports to Huawei and China is still on for Thursday, two sources said, despite pushback from President Donald Trump against the restrictions.
China reported a dramatic drop in new coronavirus infections on Thursday although scientists warned the flu-like pathogen may spread even more easily than previously believed, while more passengers disembarked a quarantined cruise ship off Japan.
(RTTNews) - Indian shares look set to open higher on Thursday, with a fall in coronavirus cases and expectations of more Chinese stimulus likely to underpin investor sentiment.
The government of bankrupt Puerto Rico told a federal judge on Wednesday that its opposition to a plan announced earlier this month to restructure more than $85 billion of its debt should put the brakes on a confirmation process.
Australia's Whitehaven Coal posted a 91% plunge in first-half profit on Thursday due to soft thermal coal prices and production curbs at its flagship Maules Creek mine, sending its shares to a more than three-year low.
Brazilian state-run oil firm Petrobras missed fourth-quarter expectations but posted a record profit for 2019, as the firm's current strategy of focusing on deepwater production and exiting non-core activities shows signs off paying off.
Former Mexican President Enrique Pena Nieto is being investigated as part of a corruption probe by Mexican law enforcement, the Wall Street Journal reported on Wednesday.
The impact of the coronavirus outbreak in China on U.S. economic growth will be negligible and short-lived, according to economists in a Reuters poll who nonetheless now say risks to their forecasts are skewed more to the downside.
(RTTNews) - The Singapore stock market on Wednesday ended the four-day losing streak in which it had fallen almost 30 points or 0.9 percent. The Straits Times Index now rests just beneath the 3,215-point plateau and it may find additional support on Thursday.
Community Health Systems (CYH) came out with quarterly earnings of $0.40 per share, beating the Zacks Consensus Estimate of a loss of $0.48 per share. This compares to loss of $0.42 per share a year ago. These figures are adjusted for non-recurring items.
Five9 (FIVN) came out with quarterly earnings of $0.27 per share, beating the Zacks Consensus Estimate of $0.22 per share. This compares to earnings of $0.23 per share a year ago. These figures are adjusted for non-recurring items.
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