Japan's central bank created its own version of the U.S. Federal Reserve's "Main Street" lending programme to channel more money to small businesses, in a bid to keep the coronavirus pandemic from pushing the economy deeper into recession.
Indian oil-to-telecoms conglomerate Reliance Industries said on Friday U.S. private equity firm KKR will buy 2.32% of its digital unit Jio Platforms for 113.67 billion rupees ($1.50 billion).
On a recent Saturday in Tokyo's Shinjuku district more than 100 people, many of them elderly men, stood close together in a long queue waiting for food hand-outs.
New Zealand is considering distributing free cash directly to individuals as a way of policy stimulus to help boost the economy reeling from a COVID-19 pandemic driven contraction, Finance Minister Grant Robertson said on Friday.
(RTTNews) - The Malaysia stock market has climbed higher in seven straight sessions, rising more than 70 points or 5.3 percent along the way. The Kuala Lumpur Composite Index now rests just above the 1,450-point plateau although investors are likely to cash in on Friday.
Brazilian retail veteran and Carrefour SA board member Abílio Diniz said on Thursday Brazil has been faster than some European countries to adopt new protocols to cope with the coronavirus pandemic.
British consumer confidence in early May dipped back down to its joint-lowest level since the global financial crisis in 2009, despite moves by the government to start loosening its coronavirus lockdown, a survey showed on Friday.
(RTTNews) - The South Korea stock market has climbed higher in five straight sessions, collecting almost 75 points or 3.7 percent along the way. The KOSPI now rests just beneath the 2,000-point plateau although it figures to run out of steam on Friday.
A chastened Masayoshi Son summed up SoftBank Group Corp's record $13 billion operating loss on stage this week with a striking image: unicorns tumbling into the "valley of the coronavirus".
Walmart’s WMT e-commerce expansion paid off in a big way during the first quarter, as the coronavirus forced people to stay at home. The retailer’s strong Q1 showing highlighted why it might not only be a strong play during the coronavirus, but for years to come even as Amaz
The general manager of state-owned metals group Chinalco is calling on China to rein in "blind expansion" of copper smelting capacity as the country's lawmakers gather in Beijing to decide policy objectives and economic targets for the year.
Facebook's (NASDAQ: FB) Workplace collaboration app got some upgrades Thursday as the social media giant sees a surge in usage during the COVID-19 pandemic.
America's Car-Mart (CRMT) came out with quarterly earnings of $1.35 per share, beating the Zacks Consensus Estimate of $1.33 per share. This compares to earnings of $2.01 per share a year ago. These figures are adjusted for non-recurring items.
Silvercorp (SVM) came out with quarterly earnings of $0.02 per share, beating the Zacks Consensus Estimate of a loss of $0.01 per share. This compares to earnings of $0.03 per share a year ago. These figures are adjusted for non-recurring items.
Minority communities hit hard by the coronavirus pandemic will soon have a lot more access to rapid COVID-19 testing. Starting Friday, CVS Health (NYSE: CVS) will open nearly 300 new sites across 14 states.
As a military contractor, AeroVironment (NASDAQ: AVAV) is most famous for building unmanned aerial vehicles (UAVs), including its ubiquitous RQ-11 Raven surveillance drone and the "Switchblade," a "loitering monition" that flies like a drone but also attacks targets kamikaze-st
Australia's Wesfarmers Ltd on Friday said it expects to recognize a non-cash impairment charge in Kmart Group, its low-priced retail chain, of about A$430 million-A$480 million ($282.38 million-$315.22 million) before tax for 2020.
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