China's yuan inched up from a record low in offshore trade on Thursday, helped by firmer-than-expected central bank guidance, although escalating Sino-U.S. tensions remained a heavy weight on the currency.
(RTTNews) - The Thai stock market has moved higher in three straight sessions, gathering more than 40 points or 3 percent along the way. The Stock Exchange of Thailand now rests just above the 1,345-point plateau and it's expected to see continued support on Thursday.
(RTTNews) - United Airlines' chief operating officer Greg Hart is stepping down, but he is staying at the company to focus on "big picture issues" including cost structure changes, United CEO Scott Kirby said in a message to employees.
China's low-sulphur marine fuel exports rose by a third in April compared with March to the highest level yet after it waived export taxes for domestic refiners to meet shipping demand, Chinese customs data showed.
(RTTNews) - The Japanese stock market is rising and the safe-haven yen weakened on Thursday following the overnight gains on Wall Street as optimism about the reopening of economies and the possibility of further stimulus helped offset worries about rising U.S.-China tensions.
Tencent Holdings Ltd has raised $6 billion in debt, the Chinese technology company said on Thursday, in the largest debt deal by an Asian corporate in 2020.
South Korea's central bank cut its policy interest rate to a fresh low on Thursday, working in tandem with the government to extend liquidity to businesses hit by the coronavirus pandemic.
The dollar held its own on Thursday as rising Sino-U.S. tension put crushing pressure on the Chinese yuan and proved a counterweight to optimism about the coronavirus recovery.
Tropical Depression Bertha rained on NASCAR's parade on Wednesday, forcing the postponement of a Cup Series race at Charlotte Motor Speedway in North Carolina.
(RTTNews) - Logitech International (LOGI) said that its board approved a number of items, including a new share buyback program, a proposed dividend for fiscal year 2020, and a new Group Management Team member and Executive Officer.
Japanese stock prices will likely remain well below pre-coronavirus pandemic peaks until at least the end of next year, a Reuters poll showed on Thursday.
(RTTNews) - The Hong Kong stock market on Wednesday wrote a finish to the two-day winning streak in which it had gathered more than 450 points or 2 percent. The Hang Seng Index now sits just above the 23,300-point plateau although it's expected to regain its footing on Thursday.
(RTTNews) - The Australian stock market is notably higher on Thursday following the positive cues overnight from Wall Street. Optimism about an economic recovery following the easing of lockdown restrictions in various countries and the possibility of further stimulus helped off
(RTTNews) - The China stock market on Wednesday snapped the two-day winning streak in which it had collected more than 30 points or 1 percent. The Shanghai Composite Index now rests just above the 2,835-point plateau and it's expected to rebound on Thursday.
Saudi Arabia and its allies in the expanded OPEC+ group of oil-exporting nations have only just started to implement output cuts, so it might seem premature to start talking about the need for an exit strategy.
Australia's central bank chief said on Thursday that better-than-feared health outcomes from the COVID-19 pandemic suggest the country's economic downturn will likely not be as severe as earlier thought.
(RTTNews) - The Singapore stock market headed south again on Wednesday, one day after it had ended the three-day slide in which it had tumbled almost 80 points or 3.2 percent. The Straits Times Index now rests just beneath the 2,520-point plateau although it figures to bounce hi
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