Australia's Beach Energy
said on Thursday a targeted headcount reduction of 30% will take
place across the company to achieve efficiency and save
operational costs as part of a comprehensive strategic review.
China's central bank set the yuan fixing at the widest gap against Reuters' estimate in nearly five months, as authorities step up efforts to prevent sharp declines in the currency.
(RTTNews) - S&P Dow Jones Indices said that Solventum Corp. (SOLV) will be added to the S&P 500 effective prior to the open of trading on Monday, April 1, replacing V.F. Corp. (VFC), which will be moved to the S&P SmallCap 600 effective prior to the open of trading on Wednesday,
The Federal Court of Australia found U.S. asset manager Vanguard's local unit guilty of making misleading claims about filtering out bond issuers with significant holdings in sectors such as fossil fuels, Australia's securities regulator said.
The Australian and New Zealand dollars were under pressure on Thursday as hawkish comments from the Federal Reserve gave their U.S. counterpart a lift, while intervention fears supported the Japanese yen.
(RTTNews) - The Thai stock market has ticked higher in back-to-back sessions, collecting almost 10 points or 0.7 percent along the way. The Stock Exchange of Thailand now sits just above the 1,380-point plateau and it may find additional support again on Thursday.
Gold prices eased on Thursday as the U.S. dollar and bond yields ticked higher after comments from a Federal Reserve official on interest rate cuts, while investors looked forward to more economic data for policy clues.
South Korea's financial market watchdog chief pledged on Thursday authorities would come up with more corporate reforms, adding to a plan unveiled last month designed to lure more foreign investment into the country's companies.
(RTTNews) - SLB (SLB) announced an agreement to combine its carbon capture business with Aker Carbon Capture or ACC to support accelerated industrial decarbonization at scale.
All-rounder Marcus Stoinis and spin bowler Ashton Agar have been dropped from Australia's contracts list for the 2024/25 season after falling out of favour with selectors.
A Federal Court found Vanguard Investments Australia guilty of making misleading claims about environmental, social and governance exclusionary screens applied to investments in one of its index fund, the country's corporate regulator said.
An underdog sector if ever there was one, solar energy was hot on the stock market on Hump Day. Many solar titles saw big price increases on the day, with Sunrun (NASDAQ: RUN) closing 16% higher and peer Sunpower (NASDAQ: SPWR) close behind with a 15% gain. Sunnova Energy (NYSE:
(RTTNews) - The Singapore stock market has moved higher in two straight sessions, collecting more than 50 points or 1.4 percent along the way. The Straits Times Index now sits just above the 3,250-point plateau and it may extend its gains on Thursday.
Shares of nCino (NASDAQ: NCNO) soared 19% on Wednesday after the cloud-based banking software company announced strong quarterly results and encouraging forward guidance.
Recent disappointing inflation data affirms the case for the U.S. Federal Reserve to hold off on cutting its short-term interest rate target, Fed Governor Christopher Waller said on Wednesday, but he did not rule out trimming rates later in the year.
Australian gold miner Ramelius Resources said on Thursday it had ended discussions with Karora Resources for a potential acquisition of the Canada-based mine operator.
Electric-vehicle startup Fisker said on Wednesday it was cutting the prices of its electric Ocean SUV, signaling an attempt by the cash-strapped firm to drum up demand and ease concerns regarding its uncertain future.
The Biden administration on Wednesday awarded contracts to buy 2.8 million barrels of oil for the government's emergency reserve for more than $81 a barrel, $2 above the target purchase price.