Gold prices jumped to record highs on Monday as an intensifying U.S.-China row hammered the dollar and cemented expectations that central banks would continue pumping out stimulus to ease the economic pain from a worsening coronavirus pandemic.
Oil prices edged lower on Monday as rising coronavirus cases and tensions between the United States and China pushed investors toward safe-haven assets.
(RTTNews) - Asian stock markets are mostly higher on Monday despite the negative cues from Wall Street Friday. Hopes for more stimulus measures in major economies and data showing that China's industrial profits rose in June for a second straight month helped offset worries abou
China Development Bank is planning to auction green bonds on Wednesday in both interbank and exchange markets, six sources with direct knowledge of the matter said on Monday.
Gold hit an all-time high on Monday as tit-for-tat consulate closures in China and the United States rattled investors, boosting the allure of safe haven assets, although sentiment was mixed with tech gains supporting some Asian stocks.
Huawei Technologies' founder Ren Zhengfei's global ambitions are marked in bricks and mortar at a new company campus in southern China, where the buildings are replicas from European cities.
Police in the Chinese city of Chengdu restricted access to the area around the U.S. consulate on Monday morning, when the United States was believed to be due to exit the premises in retaliation for China being ousted from its Houston consulate.
An original drawing of the Olympic rings by the founder of the modern Games, Pierre de Coubertin, has fetched 185,000 euros ($216,302) at auction in Cannes, the auction house said.
Syrian businessman Rami Makhlouf revealed on Sunday he had set up a web of offshore front companies to help President Bashar al Assad evade Western sanctions, in a social media post blasting the government for investigating his business empire.
Profits at China's industrial firms rose for a second straight month and at the fastest pace in over a year, adding to signs the country's economic recovery from the coronavirus crisis is gaining momentum.
(RTTNews) - The Thai stock market has alternated between positive and negative finishes through the last eight trading days since the end of the two-day slide in which it had fallen more than 20 points or 1.7 percent. The Stock Exchange of Thailand now rests just above the 1,340
Japan's companies spent less than initially estimated in the first quarter of the year, revised data showed on Monday, suggesting the coronavirus pandemic's hit to the economy was deeper than first thought.
The dollar began the week under pressure from all corners as intensifying Sino-U.S. tensions added to worries that the coronavirus resurgence in United States could undermine the recovery in the world's biggest economy.
(RTTNews) - The Indonesia stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day slide in which it had dropped almost 50 points or 1 percent. The Jakarta Composite Index now rests just above the 5,080-po
Australian inflation likely took its largest decline on record in the second quarter as the government made child care free to help families through the COVD-19 lock down and petrol prices tumbled, though much of that will reverse this quarter.
(RTTNews) - BrightSphere Investment Group Inc. (BSIG) said that it agreed to sell its 75.1% ownership interest in Barrow Hanley to Perpetual Limited (PPT.AX), an Australian publicly listed financial services company, for $319 million.
Profits at China's industrial firms in June rose 11.5% year-on-year to 666.55 billion yuan ($95.27 billion), the statistics bureau said on Monday, adding to signs the country's economic recovery is gaining momentum.
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