(RTTNews) - West Fraser Timber Co. Ltd. (WFG, WFG.TO) will permanently close its sawmill in Fraser Lake, British Columbia, following an orderly wind-down. The decision is the result of the company's inability to access economically viable fibre in the region, the company said in
The yen fell broadly on Tuesday after the Bank of Japan (BOJ) maintained its ultra-loose monetary policy in a closely watched policy decision, matching market expectations.
Share of India's ICICI Bank were up around 3% on Tuesday after the country's second-biggest private lender reported a better-than-expected third-quarter profit, helped by robust loan growth.
Japan's Nikkei share average rose to a 34-year peak on Tuesday, buoyed by Wall Street's climb overnight to a fresh record high and the Bank of Japan's (BOJ) decision to keep ultra-easy policy settings intact.
(RTTNews) - Vroom Inc. (VRM), an e-commerce platform for buying and selling used vehicles, said that it will discontinue its ecommerce operations and wind down its used vehicle dealership business in order to preserve liquidity and enable the company to maximize stakeholder value
Shares of Indian broadcaster Zee Entertainment Enterprises plunged 10% in pre-open trade on Tuesday, a day after Japan's Sony Group scrapped a $10 billion merger with the company, raising concerns about its survival in an increasingly competitive industry.
(RTTNews) - Southwest Airlines Co. (LUV) said that its Pilots, represented by the Southwest Airlines Pilots Association, approved a new collective bargaining agreement.
Malaysia has maintained its February export tax for crude palm oil at 8% and lowered its reference price, a circular on the Malaysian Palm Oil Board website showed on Tuesday.
Japanese shares surged to fresh 34-year highs and the yen gave ground on Tuesday as the Bank of Japan stood pat on ultra-loose monetary policy, while Chinese stocks got a temporary lift from a report of a huge market rescue package.
At least five brokerages said investors should sell Zee Entertainment's stock as the Indian broadcaster's failed $10 billion merger deal with Sony India raised concerns about its survival in an increasingly competitive industry.
The U.S. health regulator said on Monday companies will be required to add a serious warning on the prescribing information for cancer therapies known as CAR-T, made by Gilead Sciences, Johnson & Johnson, Novartis and others.
Portfolio investors anticipate petroleum prices will remain rangebound in the short term so positioning is increasingly focused on expected changes in relative performance among the major crude and fuels contracts.
(RTTNews) - The China stock market has finished lower in two straight sessions, sinking almost 90 points or 3.3 percent along the way. The Shanghai Composite Index now rests just above the 2,750-point plateau although it may stop the bleeding on Tuesday.
Corn ended the Monday session off the highs, but still fractionally in the black. March printed a 4c range from -1 ½ cents to +2 ½ cents. USDA’s weekly Export Inspections data showed 713.3k MT (28.1 mbu) of corn was shipped during the week that ended 1/18. That was down...
Feb hogs ended the day with a net 17 cent gain, which tightened the spread to April by 69 cents to $6.70, as the spring months fell on Monday. April closed down by 52 cents for the day. USDA’s National Average Base Hog price was shown at $46.53 in the...
Nearby soybean futures closed Monday with 6 to 11 cent gains. The March contract traded within a 16 ¼ cent range on the day, though mostly in the black and closed just 1 ½ cents off the session high. Soy oil futures also rallied out of the weekend with gains...
Wheat futures pulled off their highs for the close, but were mostly higher across the domestic markets. KC futures were fractionally to a penny weaker in old crop but fractionally higher in the new crop contracts. Chicago SRW ended the day 2 ¼ to 3 ¼ cents in the black,...
Cattle firmed up after an initially weak start on Monday. Futures were still down by 5 to 60 cents for the close. The front month feeder cattle futures closed Monday with a 5 cent gain in the May contract though 27 to 67 cent losses in the other front months....
Cotton futures rallied another 1.1% on Monday, taking the front months to levels not seen since late October. New crop also firmed up for the day, though gains were limited to 26 points. The March-Dec spread, at 4.35 cents going home, is also the widest since late October. The Seam...