Japan's Nikkei share average rallied to a fresh 34-year peak on Monday as the U.S. S&P 500's record-high close on Friday buoyed investor sentiment, despite continued signs of overheating in the Asian market.
The Japanese government launched a third major round of auctions on Friday to select operators for two new offshore wind power areas capable of generating 1.05 gigawatts (GW) in the northern part of the country.
(RTTNews) - The Thai stock market on Friday wrote a finish to the four-day losing streak I which it had slumped almost 40 points or 2.8 percent. The Stock Exchange of Thailand now sits just above the 1,380-point plateau and it may extend its gains on Monday.
Gold prices steadied on Monday as traders braced for fresh data on U.S. economic growth and the Federal Reserve's preferred inflation gauge due later this week, ahead of the central bank's interest rate verdict next week.
(RTTNews) - ADM (ADM) said it placed its Chief Financial Officer and Senior Vice President, Vikram Luthar, on administrative leave, effective immediately. It appointed Ismael Roig as Interim Chief Financial Officer.
China kept benchmark lending rates unchanged at the monthly fixing on Monday, matching market expectations, after the central bank surprised markets by keeping its medium-term policy rate steady last week.
Oil prices fell for a second day on Monday as economic headwinds pressured the global oil demand outlook and outweighed geopolitical concerns in the Middle East and an attack on a Russian fuel export terminal over the weekend.
The Bank of Japan's Policy Board meets on Monday-Tuesday for the first time this year. Given slowing inflation and recently weaker economic performance, Tokyo players expect no change in policy. In fact, any moves will likely be postponed until April or beyond, following Japan's annual spring labour offensive.
Asian shares tracked Tokyo higher on Monday as AI hype helped the tech sector ahead of a week brimming with central bank meetings, major economic data and corporate earnings.
(RTTNews) - The Indonesia stock market has alternated between positive and negative finishes through the last eight trading days since the end of the five-day losing streak in which it had tumbled more than 220 points or 3.1 percent. The Jakarta Composite Index now sits just abov
(RTTNews) - The Australian stock market is trading notably higher on Monday, extending the gains in the previous session, with the benchmark S&P/ASX 200 staying above the 7,400.00 level, following the broadly positive cues from Wall Street on Friday, with gains in technology and
The U.S. dollar struggled to keep gains in early Asian trade on Monday as looming central bank decisions in Japan and Europe forced a pause in its data-spurred rally late last week.
Russia leapfrogged Saudi Arabia to become China's top crude oil supplier in 2023, data showed on Saturday, as the world's biggest crude importer defied Western sanctions to purchase vast quantities of discounted oil for its processing plants.
China's coal imports from Australia picked up in 2023 after a ban of nearly two years was lifted, but they remained below pre-ban levels as the supplier tries to regain market share from cheaper competitors Mongolia and Russia.
(RTTNews) - The Hong Kong stock market turned lower again on Friday, one day after ending the four-day losing streak in which it had plummeted almost 1,000 points or 7 percent. The Hang Seng Index now rests just above the 15,300-point plateau although it's expected to see renewed
(RTTNews) - Macy's Inc. (M) confirmed Sunday that it received an unsolicited, non-binding proposal from Arkhouse Management Co. LP and Brigade Capital Management, LP to acquire all of the outstanding shares of the company for $21.00 per share in cash on December 1, 2023.
Australian shares rose on Monday, led by heavyweight financials, while technology stocks emerged as the top percentage gainers following a chipmaker-fuelled rally on Wall Street last week.
In 2023, numerous technology names made a dramatic comeback following a brutal bear market in 2022. For the year, the tech-heavy Nasdaq Composite increased 43%. However, many stocks experienced triple-digit increases, leaving some investors questioning whether they could still fi
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