German chemicals maker Wacker Chemie reported on Monday a 60% drop in its core earnings for 2023, weighed down by lower prices along with persistently high energy costs and reduced plant-utilization rates.
Asian currencies were subdued on Monday, with continued pressure on the Indonesian rupiah on concerns the country's finance minister may resign, while Singapore's dollar was tepid after the central bank stood pat on its monetary policy, as expected.
China plans to merge three of the nation's biggest bad debt managers into sovereign wealth fund China Investment Corp (CIC) [CIC.UL], state-run Xinhua Finance News reported, as part of a plan to reform financial institutions.
A Hong Kong court on Monday ordered the liquidation of China Evergrande Group, a move likely to send ripples through China's crumbling financial markets as policymakers scramble to contain the deepening crisis.
A Hong Kong court on Monday ordered the liquidation of China Evergrande Group, a move likely to send ripples through China's financial markets as policymakers scramble to contain a deepening crisis.
Gold prices rose on Monday as escalations in the Middle East triggered safe-haven buying, while traders awaited U.S. Federal Reserve's chair Jerome Powell's remarks at the end of its two-day policy meet this week for interest rate outlook.
(RTTNews) - The Thai stock market has moved lower in two straight sessions, slipping more than a dozen points or 0.8 percent in that span. The Stock Exchange of Thailand now sits just beneath the 1,370-point plateau and it may spin its wheels again on Monday.
India is seeking to distance itself from its largest arms supplier after Russia's ability to supply munitions and spares was hobbled by the war in Ukraine, but must step carefully to avoid pushing Moscow closer to China, Indian sources said.
Chinese medical device company Shenzhen Mindray Bio-Medical Electronics said it planned a 6.65 billion yuan ($927 million) deal to gain control of APT Medical to expand in cardiovascular disease-related businesses.
Australia's resources minister has begun a week long trip to South Korea and Japan to discuss gas exports and critical minerals opportunities, as its government on Monday released a "prospectus" of 52 investment ready critical minerals projects.
The Indian rupee is likely to track the moves in its Asian peers early this week, with investors closely monitoring the outcome of the U.S. Federal Reserve meeting, while the move in bond yields will also factor in the domestic budget announcement.
The dollar started the week on a steady footing as investors took stock of U.S. economic data ahead of the Federal Reserve policy meeting this week, while escalating geopolitical tensions in the Middle East kept risk sentiment in check.
(RTTNews) - CareDx Inc. (CDNA) announced the jury verdict in the patent litigation brought by Natera Inc. (NTRA). CareDx was found to have not infringed on Natera patent 10,655,180, but found to have infringed on Natera patent 11,111,544. An additional patent asserted by Natera w
(RTTNews) - The Indonesia stock market has moved lower in three straight sessions, shedding almost 120 points or 1.7 percent along the way. The Jakarta Composite Index now sits just beneath the 7,140-point plateau although it may find support on Monday.
A powerful Hindu group said several mosques in India were built over demolished Hindu temples, apparently hardening its stance in a decades-long sectarian dispute just days after a huge temple was inaugurated on the site of a razed mosque.
If you didn't save money in 2023, that doesn't mean it's not possible in 2024. Entrepreneur Jaspreet Singh explained how to build up a very sizable amount -- $100,000 -- in a step-by-step video on his...