HONG KONG (Reuters Breakingviews) - Beijing is letting lenders go belly-up as it attacks systemic risk. That’s all fine for Benjamin Fanger, founder of ShoreVest, a manager $1.8 bln of soured loans. He talks with Pete Sweeney about the mess
(RTTNews) - The Thai stock market has finished lower in six straight sessions, sinking more than 40 points or 3.3 percent along the way. The Stock Exchange of Thailand now sits just above the 1,270-point plateau although it may stop the bleeding on Tuesday.
HONG KONG (Reuters Breakingviews) - Beijing is letting lenders go belly-up as it attacks systemic risk. That’s all fine for Benjamin Fanger, founder of ShoreVest, a manager $1.8 bln of soured loans. He talks with Pete Sweeney about the mess
Investors weren't catching much of a buzz from Charlotte's Web (OTC: CWBHF) on Monday morning. The company -- which is considered a marijuana stock, although its products are made from hemp-derived cannabidiol (CBD) -- released disappointing results for the second quarter of fis
This week will be a busy one for tech IPOs. Snowflake, the high-flying cloud data firm, is attracting all sorts of high-profile attention. But a number of other tech companies are set to make their public debuts this week as well.
(RTTNews) - The Indonesia stock market has climbed higher in consecutive trading days, soaring more than 270 points or 5.4 percent along the way. The Jakarta Composite Index now sits just above the 5,160-point plateau and it may open higher again on Tuesday.
(RTTNews) - The Japanese stock market is declining on Tuesday despite the overnight gains on Wall Street as investors booked profits after three consecutive days of gains and also turned cautious ahead of key central bank meetings this week.
August might have been a hot coronavirus-infected mess for many people, but it was a fine month for the video game industry. According to data compiled by market researcher The NPD Group, video game sales leaped 37% higher on a year-over-year basis during the month to land at $2
(RTTNews) - The Australian stock market is modestly higher on Tuesday following the positive cues overnight from Wall Street. Investors turned cautious ahead of key central bank meetings this week and as they looked ahead to the release later today of minutes of the Reserve Bank
After COVID-19 derailed its attempt to sell the Victoria's Secret brand earlier this year, L Brands (NYSE: LB) announced today that Victoria's Secret U.K. will be acquired under a joint venture between Victoria's Secret and Next PLC, the U.K.'s biggest clothing retailer. Next PL
(RTTNews) - The Hong Kong stock market has finished higher in back-to-back trading days, advancing more than 320 points or 1.3 percent along the way. The Hang Seng Index now rests just above the 24,640-point plateau and it's expected to open higher again on Tuesday.
(RTTNews) - The China stock market has climbed higher in two straight sessions, gathering more than 40 points or 1.3 percent along the way. The Shanghai Composite Index now sits just beneath the 3,280-point plateau and it may add to its winnings on Tuesday.
Citigroup (NYSE: C) is apparently facing disciplinary action from federal regulators. An article published Monday in The Wall Street Journal, citing "people familiar with the matter," reported that the Office of the Comptroller of the Currency and the Federal Reserve plan to for
(RTTNews) - The Taiwan stock market has alternated between positive and negative finishes through the last five trading days since the end of the two-day slide in which it had stumbled more than 150 points or 1.1 percent. The Taiwan Stock Exchange now rests just above the 12,785
(RTTNews) - The Singapore stock market has finished lower in five straight sessions, sinking almost 30 points or 1.2 percent along the way. The Straits Times Index now sits just above the 2,480-point plateau although it may find traction on Tuesday.
(RTTNews) - The Malaysia stock market has moved higher in back-to-back trading days, collecting more than 20 points or 1.3 percent along the way. The Kuala Lumpur Composite Index now rests just above the 1,510-point plateau and it may add to its winnings on Tuesday.
Vaxart (NASDAQ: VXRT) moved one step closer to producing clinical trial data for its oral coronavirus vaccine. The Food and Drug Administration (FDA) cleared the investigational new drug (IND) application for a phase 1 clinical trial. The FDA reviews INDs to make sure there aren
What happened
Shares of Fastly (NYSE: FSLY) jumped 9.6% on Monday, following news that TikTok owner ByteDance reached an agreement with Oracle (NYSE: ORCL) ahead of President Donald Trump's deadline.
The S&P 500 Index (SNPINDEX: ^GSPC) gained 42.6 points, or almost 1.3%, on Sept. 14. This marks a positive start to the week for investors hopeful that U.S. markets will break a two-week losing streak. After today's gains, the index is still down 5.5% from its peak on Sept