Asian stocks were set to weaken on Tuesday following a softer Wall Street close while the dollar slipped as markets digested new Federal Reserve comments that suggested rates will stay low for an extended period.
Ireland's manufacturing sector posted its third consecutive month of expansion in August, but growth slowed from a near two-year high seen in July, a survey showed on Tuesday. [nZRN000LQH]
(RTTNews) - The Singapore stock market headed south again on Monday, one session after snapping the two-day slide in which it had stumbled almost 40 points or 1.6 percent. The Straits Times Index now rests just above the 2,530-point plateau and it's likely to open under pressure
China is able to make India suffer more severe military losses than in the past if it wants to engage in competition, state-backed newspaper Global Times said on Tuesday, after a fresh border flare-up between the two nuclear-armed countries.
What happened
Shares of Akcea Therapeutics (NASDAQ: AKCA) soared 60% on Monday after the biopharmaceutical company announced that it had agreed to be bought out by Ionis Pharmaceuticals (NASDAQ: IONS).
QBE Insurance Group Ltd said on Tuesday its chief executive officer would leave the company, after an investigation found he had fallen short of the company's ethics and conduct standards.
(RTTNews) - Ahead of Monday's National Day holiday, the Malaysia stock market had turned lower again - one session after snapping the three-day slide in which it had fallen almost 30 points or 1.9 percent. The Kuala Lumpur Composite Index now sits just above the 1,525-point plat
Reliance Industries' $3.38 billion deal to acquire Future Group's retail business pitches the conglomerate as an even more formidable force in India, making its retail arm more attractive to the potential investors it seeks to woo.
India's economy shrank by nearly a quarter in April-June, much more than forecast and pointing to a longer than previously expected recovery with analysts calling for further stimulus.
What happened
Zoom Video Communications (NASDAQ: ZM), which unveiled its Q2 of fiscal 2021 results after market hours on Monday, really had a day to remember.
Saudi Arabia's King Salman sacked two royals and referred them along with four military officers for investigation into corruption at the defence ministry in a royal decree issued early on Tuesday and carried by state media.
ACON S2 Acquisition, a blank check company formed by ACON Investments targeting a sustainable business, filed on Monday with the SEC to raise up to $250 million in an initial public offering.
The Washington, DC-based company plans to raise $250 million by offering 25 million unit
Turkey said on Monday that its Oruc Reis exploration vessel will carry out seismic surveys in a disputed area of the eastern Mediterranean until Sept. 12, provoking an angry response from neighbouring Greece.
(RTTNews) - U.S. stocks turned in a mixed performance on Monday as investors continued to weigh the likely impact of the coronavirus pandemic on the economy despite recent comments from Federal Reserve Chairman Jerome Powell that said interest rates will likely remain lower for
Monday was a mixed day on Wall Street, as the Dow Jones Industrial Average (DJINDICES: ^DJI) and S&P 500 (SNPINDEX: ^GSPC) lost ground despite another record showing for the Nasdaq Composite. Yet even with the losses for the day, the Dow and S&P were up around 8% in Augu
What happened
Shares of Moderna (NASDAQ: MRNA) declined by 3.9% on Monday. The biotech company's vaccine patent portfolio is reportedly being probed by the U.S. Department of Defense for a lack of proper funding disclosures, according to the Financial Times.
While the S&P boasted its steepest August percentage gain in more than three decades it ended Monday slightly lower and the Dow also lost ground as investors took a pause although the Nasdaq closed higher thanks to high-flying stocks including Apple Inc.