America Movil, the Mexican telecommunications giant, on Tuesday reported a fourth-quarter net profit of 21.19 billion pesos ($1.12 billion), up 63% from the same period last year, helped by reduced costs and currency appreciation.
Taiwan's Foxconn hopes to resume 50% of its production in China by end of February, a source told Reuters on Wednesday, as the firm whose clients include tech giants such as Apple reopens plants closed because of the coronavirus outbreak.
(RTTNews) - Indian shares may open higher on Wednesday despite lingering concerns about the spread of coronavirus, with the World Health Organization warning of a "very grave threat for the rest of the world".
(RTTNews) - Eli Lilly and Co. and Incyte said that a Phase 3 Study of Oral Selective JAK Inhibitor Baricitinib met the primary endpoint of at least 75% improvement of skin inflammation and key secondary endpoint.
Round-up of South Korean financial markets: ** South Korean shares were little changed on Wednesday as investors remained wary due to the uncertainty surrounding the coronavirus even as China's senior medical adviser said the epidemic would peak this month. The Korean won and the benchmark bond yield rose.
(RTTNews) - The Thai stock market has finished lower in back-to-back sessions, sliding almost a dozen points or 0.8 percent along the way. The Stock Exchange of Thailand now rests just beneath the 1,525-point plateau although it may stop the bleeding on Wednesday.
Asian shares and Wall Street futures nudged higher on Wednesday amid hopes the worst of the coronavirus in China may have passed, although prevailing uncertainty about the outbreak has kept investors wary.
The New Zealand dollar rallied on Wednesday after the country's central bank kept interest rates steady as expected but dropped a reference to the chance of further cuts, a hawkish move that suggested its easing cycle might be over.
(RTTNews) - The Japanese stock market, which resumed trading after a holiday on Tuesday, is advancing following the overnight gains on Wall Street as investors shrugged off concerns about the economic impact of the deadly coronavirus outbreak. Market heavyweight SoftBank is lead
America Movil, the Mexican telecommunications giant, on Tuesday reported a fourth-quarter net profit of 21.19 billion pesos ($1.12 billion), up 63% from the same period last year.
(RTTNews) - The Indonesia stock market rebounded on Tuesday, one sessions after it had snapped the four-day winning streak in which it had advanced almost 110 points or 1.9 percent. The Jakarta Composite Index now rests just beneath the 5,955-point plateau and it may inch higher