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Breakingviews - China’s JD flexes virus muscle memory

6 years 5 months ago
HONG KONG (Reuters Breakingviews) - JD.com is flexing an impressive virus muscle memory. Since developing its online business model during the 2003 SARS outbreak, the company has grown into a Chinese retail powerhouse. Some Covid-19 momentum provided by its logistics div

Soccer-No spitting or kissing the ball, says CONMEBOL

6 years 5 months ago
Teams competing in South America's Copa Libertadores and Copa Sudamericana have been told players must avoid spitting and kissing the ball as part of new rules published by the region's football governing body (CONMEBOL) to combat COVID-19.

Asian Markets In Negative Territory

6 years 5 months ago
(RTTNews) - Asian stock markets are in negative territory on Thursday amid rising concerns about the economic impact of the coronavirus pandemic after the U.S. Federal Reserve Chairman Jerome Powell warned of a prolonged recession.

Sensex, Nifty Seen Lower On Fed Chair Warning

6 years 5 months ago
(RTTNews) - Indian shares look set to open sharply lower on Thursday after Finance Minister Nirmala Sitharaman announced the first set of relief measures under the combined Rs 20-lakh crore stimulus package.

Thai Stock Market Tipped To Open Under Pressure

6 years 5 months ago
(RTTNews) - The Thai stock market on Wednesday halted the three-day winning streak in which it had gathered more than 40 points or 3.2 percent. The Stock Exchange of Thailand now rests just beneath the 1,295-point plateau and it may take further damage on Thursday.

CoStar Group To Acquire Ten-X For $190 Mln In Cash

6 years 5 months ago
(RTTNews) - CoStar Group Inc. (CSGP), a provider of commercial real estate information, analytics and online marketplaces, said Wednesday that it plans to acquire Ten-X, Digital Auction Platform for Commercial Real Estate, for $190 million in cash.

Japanese Market Extends Losses

6 years 5 months ago
(RTTNews) - The Japanese stock market is extending losses to a third straight day on Thursday and the safe-haven yen strengthened following the negative cues overnight from Wall Street after Federal Reserve Chairman Jerome Powell warned the coronavirus crisis could result in an

EM ASIA FX-Most Asian units decline, S. Korean won leads the fall

6 years 5 months ago
The following table shows rates for Asian currencies against the dollar at 0203 GMT. CURRENCIES VS U.S. DOLLAR Currency Latest bid Previous day Pct Move Japan yen 106.870 107.02 +0.14 Sing dlr 1.421 1.4198 -0.08 Taiwan dlr 29.899 29.906 +0.02 Korean won 1228.600 1223.8 -0.39 Baht 32.090 32.05 -0.12 Peso 50.360 50.3 -0.12 Rupiah 14895.000 14850 -0.30 Rupee 75.470 75.47 +0.00 Ringgit 4.333 4.328 -0.12 Yuan 7.098 7.0910 -0.10
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