For most aged Americans, Social Security is imperative to their financial well-being. An April survey conducted by national pollster Gallup found that 84% of non-retirees believe Social Security will represent a "major" or "minor" source of income during their golden years. Meanw
Thailand's baht and South Korea's won were the top gainers among Asian emerging currencies on Thursday as the dollar retreated ahead of the U.S. Federal Reserve's Jackson Hole conference.
Harbour Energy, the UK North Sea's biggest oil and gas producer, increased a share buyback programme by 50% to $300 million on Thursday as it reported first-half free cash flow of $1.4 billion.
Australian shares ended higher on Thursday, driven by broad-based gains across sectors and in tandem with global sentiment, as focus shifts to the U.S. Federal Reserve's comments at an upcoming annual conference.
Sony Group Corp said on Thursday it was hiking the price of its PlayStation 5 games console in markets including Europe, Japan and Britain following economic pressures including rising interest rates.
CRH expects full year earnings to grow by 10% on a like-for-like basis, the world's second-largest building materials supplier said on Thursday, after increasing prices by double-digit percentages in the first half.
European shares rose on Thursday after GDP data from the continent's largest economy beat analyst expectations, while gains were capped on nervousness ahead of minutes from the European Central Bank's last policy meeting.
(RTTNews) - Unibail-Rodamco-Westfield (UNBLF.PK) or URW, an operator of Flagship Destinations, announced Thursday that it has completed the sale of Westfield Santa Anita in Arcadia, California in $537.5 million deal.
Russia's record employment signals a surprisingly smooth decoupling from the West. Its rapid replacement of McDonald's and Starbucks says business as usual. Yet pressures are building inside its economic machine.
Federal Reserve Chair Jerome Powell's message on inflation and interest rates at this year's Jackson Hole central banking conference in Wyoming will strike a tone entirely different from the soothing one he used at the same event just one year ago.
STOCKS The benchmark BSE Sensex rose 355.8 points, or 0.6%, to 59,441.23, while the broader NSE index gained 100.65 points, or 0.57%, to 17,705.6, tracking an overnight rebound in U.S. equities. The S&P 500 Index on Wednesday halted a three-day losing streak. [.BO]
The spot price of benchmark Australian thermal coal is continuing to hold near record highs above $400 a tonne, but the price for Asia's other main type of the coal used to generate electricity isn't performing nearly as well.
China's Shanghai and Shenzhen stock exchanges said south-bound trading under the stock connect scheme with Hong Kong will resume on Thursday afternoon.
Gold prices rose on Thursday, supported by a pullback in the dollar, while investors awaited guidance on interest rates by the U.S. Federal Reserve from a key central bankers' meet at Jackson Hole, Wyoming this week.
The U.S. dollar edged back from a near two-decade peak against a basket of major currencies on Thursday as investors awaited a speech by Federal Reserve Chair Jerome Powell the following day for fresh clues on the path for monetary policy.
Chinese iron ore prices rose on Thursday, as domestic steel mills boosted purchases of the raw material and ramped up production amid lower inventories and rising profit margin.
Indian shares opened higher on Thursday, supported by a mild rebound in the tech sector, while investors waited for clues on future rate hikes from a key U.S. Federal Reserve event.
Malaysia's veteran politician Mahathir Mohamad said on Thursday that the disgraced former premier Najib Razak, who he helped bring down, was likely to receive a royal pardon and be released from a 12-year jail sentence for graft that he began this week.
Oil prices rose on Thursday on mounting supply tightness concerns amid disruptions to Russian exports, the potential for major producers to cut output, and the partial shutdown of a U.S. refinery.
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