The dollar steadied in holiday-thinned trade on Monday after U.S. jobs data showed job growth slowed further in August, while traders shifted their focus to the European Central Bank's meeting on Thursday.
(RTTNews) - The Australian stock market is extending losses on Monday from the previous session following the negative lead from Wall Street on Friday. Worries about rising US-China tensions also dampened sentiment following media reports that the U.S. government is considering
Gold prices edged higher on Monday as the dollar slipped, with weak economic data out of the United States at the end of last week raising fears over the global economic recovery from the COVID-19 slump.
(RTTNews) - The Hong Kong stock market has closed lower in three straight sessions, sinking almost 500 points or 2 percent along the way. The Hang Seng Index now rests just beneath the 24,700-point plateau and it figures to open under pressure again on Monday.
Asian shares started Monday on the backfoot as investors grapple with sky-high valuations against the backdrop of a global economy in the grip of a deep coronavirus-induced recession while oil prices dropped sharply.
(RTTNews) - The Taiwan stock market has alternated between positive and negative finishes through the last four trading days since the end of the three-day slide in which it had stumbled more than 240 points or 2 percent. The Taiwan Stock Exchange now rests just beneath the 12,6
(RTTNews) - The Singapore stock market has finished lower in back-to-back sessions, sinking more than 30 points or 1.2 percent along the way. The Straits Times Index now rests just beneath the 2,510-point plateau and it figures to open in the red again on Monday.
(RTTNews) - The Malaysia stock market rebounded on Friday, one session after snapping the two-day slide in which it had stumbled almost 35 points or 2.3 percent. The Kuala Lumpur Composite Index remains just above the 1,515-point plateau although it figures to head south again o
Goldman Sachs has joined the growing list of investment banks working on Chinese financial technology firm Ant Group's mammoth initial public offering of up to $30 billion, two people with direct knowledge of the matter said.
(RTTNews) - The South Korea stock market on Friday snapped the three-day winning streak in which it had spiked almost 70 points or 3 percent. The KOSPI now rests just beneath the 2,370-point plateau and it may extend its losses on Monday.
ByteDance founder Zhang Yiming has long positioned himself as a global internet entrepreneur, largely eschewing Chinese government involvement, but U.S. demands to sell his crown jewel TikTok are testing the boundaries with Beijing.
What happened
Shares of Genius Brands International (NASDAQ: GNUS) fell 26.7% in August, according to data from S&P Global Market Intelligence. The stock fell following news that multiple law firms were filing class action lawsuits against the company alleging it had made mi
What happened
Shares of Honeywell International (NYSE: HON) jumped 10.8% in August, according to data from S&P Global Market Intelligence. A big chunk of the move came toward the end of the month after a major development that saw investors rushing in to buy the stock.
SoftBank Group is taking a direct role in managing its virus-hit hospitality startup Oyo's operations in Latin America through a joint venture which will control all hotels in the region, the head of Oyo Brazil told Reuters in an interview on Friday.
Sometimes, investors ignore successful stocks for a lack of a promising growth profile. Maybe cash flows look too stable, or, with a market capitalization in the tens of billions, a company seems too large for investors to conceive of further growth. Perhaps an organization with
What happened
Shares of Arista Networks (NYSE: ANET) fell 14% in August, according to data from S&P Global Market Intelligence. Despite momentum for the broader market and a second quarter earnings beat, the network technology company's stock sold off due to a weakened indus
What happened
Shares of Qualcomm (NASDAQ: QCOM) rose 12.1% in August, according to data from S&P Global Market Intelligence. The mobile phone chipmaker's August results were all the more remarkable considering that the stock had already increased 15.8% in July.
What happened
Shares of Canopy Growth Corporation (NYSE: CGC) fell 12.1% during the month of August, according to data from S&P Global Market Intelligence. The Canadian cannabis company reported earnings during the month, which wasn't enough to sustain the company's late Ju
Before the onset of the COVID-19 pandemic, Coca-Cola (NYSE: KO) was fixated on supplementing revenue growth with the improvement of its business operations. As it responds to challenges during the coronavirus era, the company is embarking on what seems an acceleration of the pre
What happened
Shares of AppFolio (NASDAQ: APPF) climbed 20.7% in August, according to data from S&P Global Market Intelligence. The stock got a post-earnings boost early in the month and also benefited from momentum for the broader market.