Japanese government bond futures fell slightly on Monday as traders braced for an increase in debt issuance to fund fiscal stimulus measures in response to the coronavirus pandemic.
Caution gripped Asian share markets on Monday amid expectations a busy week of corporate earnings reports and economic data will drive home the damage done by the global virus lockdown, while a glut of supply sent U.S. crude spiralling to 20-year lows.
(RTTNews) - European stocks are likely to open higher on Monday amid reports that the Trump administration and congressional leaders are close to finalizing a support package worth about $300 billion for small businesses.
Novartis has bought U.S. software start-up Amblyotech, to develop digital technology to treat children and adults with lazy eye, the Swiss drugmaker said on Monday.
The dollar found support on Monday as global growth fears hit oil prices and commodity currencies, while the New Zealand dollar rose on news that the government will begin to relax strict virus containment measures from next week.
(RTTNews) - Genentech, a member of the Roche Group (RHHBY), said that the U.S. Food and Drug Administration has accepted the company's supplemental Biologics License Application or sBLA and the European Medicines Agency or EMA has validated the application for a two-hour Ocrevus
(RTTNews) - Dutch consumer electronics giant Philips Electronics NV (PHGFF.PK, PHG) reported Monday that its first-quarter net income plunged to 39 million euros from last year's 162 million euros. Earnings per share fell to 0.04 euro from 0.18 euro a year ago.
Dubai's largest lender Emirates NBD said on Monday first-quarter net profit declined 24% year-on-year due to higher provisions the bank took in anticipation of the impact of the new coronavirus outbreak on credit conditions.
The yuan weakened slightly on Monday after China cut a benchmark interest rate, as widely expected, and as global investors sought shelter in the dollar from the economic shock of the coronavirus pandemic.
Novartis has reached an agreement with U.S. regulators to hold a randomized trial of generic malaria drug hydroxychloroquine against COVID-19 disease in 440 hospitalised patients, the Swiss drugmaker said on Monday.
New Zealand will next week ease some of the world's strictest lockdown measures taken to tackle the novel coronavirus pandemic, Prime Minister Jacinda Ardern said on Monday, after a month of tight restrictions slowed the spread of the disease.
Dutch health technology company Philips on Monday reported a 33% decline from a year earlier in first-quarter core earnings, as the global coronavirus outbreak hit demand for its toothbrushes, shavers and other personal health products.
(RTTNews) - The Japanese stock market is losing on Monday despite the gains on Wall Street Friday. Investors digested data that showed Japan's trade surplus for March declined more than expected as the coronavirus woes hit the country's exports to major trading partners.
(RTTNews) - The Indonesia stock market on Friday snapped the two-day slide in which it had retreated more than 225 points or 5.1 percent. The Jakarta Composite Index now sits just above the 4,630-point plateau and it's got another green light for Monday.
It appears that Macy's (NYSE: M) is thinking about putting its considerable real estate holdings to use as the foundation for a new round of financing. According to a report in Bloomberg, citing "people with knowledge of the situation," the struggling retailer is considering the
In contrast to other publicly traded companies that have cut or even suspended their dividends, Ally Financial (NYSE: ALLY) is keeping its payout steady. The company announced Friday, in advance of its latest quarterly results, that it will hand out a fresh disbursement next mon
China cut its benchmark lending rate as expected on Monday to reduce borrowing costs for companies and prop up the coronavirus-hit economy, after it contracted for the first time in decades.
Gold prices fell to a more than one-week low on Monday as the dollar firmed and as investors remained optimistic that the U.S. economy might reopen soon from lockdowns that were enforced to contain the novel coronavirus' spread.