The U.S. Securities and Exchange Commission (SEC) on Wednesday announced proposals making it easier for firms to raise capital via online platforms before they meet a requirement to register with the agency - a lengthy and costly process.
(RTTNews) - The Hong Kong stock market has finished lower in two straight sessions, sliding almost 70 points or 0.3 percent along the way. The Hang Seng Index now rests just above the 26,220-point plateau although it figures to stop the bleeding on Thursday.
The dollar found its footing on Thursday as upbeat jobs data helped it recoup a little of its slide against the euro and it steadied on the yen after the U.S. Federal Reserve's surprise rate cut.
Wells Fargo is not complying with the terms of multiple settlements related to its sales scandal, according to a Congressional report released on Wednesday that also faulted regulators for failing to aggressively enforce the agreements.
(RTTNews) - The China stock market has climbed higher in three straight sessions, advancing more than 130 points or 4.3 percent along the way. The Shanghai Composite Index now rests just above the 3,010-point plateau and it's expected to add to its winnings again on Thursday.
Japan's western prefecture of Shiga reported its first coronavirus infection as the International Olympic Committee (IOC) reaffirmed its commitment to starting the Tokyo games on schedule in July.
Microsoft Corp on Wednesday asked many of its employees in the Seattle region near its headquarters and the San Francisco Bay Area to work from home if possible until March 25, responding to a coronavirus outbreak near its headquarters in Washington state.
The Trump administration has decided to drastically scale back the U.S. Environmental Protection Agency's program exempting small oil refineries from the country's biofuel regulations after a court case cast doubt on the legitimacy of the program, according to a person familiar with the matter.
Hewlett Packard Enterprise Co and Advanced Micro Devices Inc on Wednesday said they had won a $600 million deal to deliver a supercomputer that will be used by the U.S. Department of Energy's nuclear security arm to support the nation's nuclear arsenal.
The Trump administration would face resistance from the U.S. Congress if it tried to push through a mini trade deal with the European Union that did not include agriculture, U.S. Senate Finance Committee Chairman Chuck Grassley said on Wednesday.
Slack Technologies, Inc. WORK stock has surged nearly 40% since the end of January and barely slipped during the coronavirus selloff that sent the market into a correction at light speed.
(RTTNews) - The Taiwan stock market has ticked higher in consecutive trading days, gathering more than 220 points or 2 percent along the way. The Taiwan Stock Exchange now rests just above the 11,390-point plateau and it's expected to see further upside again on Thursday.
Asian shares were looking to rally for a fourth straight session on Thursday as U.S. markets swung sharply higher and another dose of central bank stimulus offered some salve for the global economic outlook.
Twitter Inc said on Wednesday it was testing in Brazil a new type of tweet that disappears after 24 hours, similar to the stories feature popular on Snapchat and Facebook's photo-sharing app Instagram.
(RTTNews) - The Singapore stock market has tracked higher in consecutive trading days, gathering more than 15 points or 0.5 percent along the way. The Straits Times Index now rests just above the 3,025-point plateau and it's tipped to open in the green again on Thursday.
Britain's Prince Harry and his wife Meghan will appear together at an official engagement on Thursday for the first time since January's announcement that they would step away from their royal duties.
Britain's investment industry trade body has warned companies ahead of their 2020 annual general meetings that they must disclose more about how they are handling climate change risk.