The Australian and New Zealand dollars climbed for a third straight session on Tuesday against the greenback which slipped after the U.S. Federal Reserve assured financial markets of infinite support to ease liquidity woes.
Chinese equities rose on Tuesday, tracking a regional rally after the U.S. Federal Reserve unleashed a barrage of support measures to ease a global cash crunch, although a sharp rise in new coronavirus cases in China checked gains.
The pandemic is taking its toll on aerospace manufacturing, as Boeing Co announced it would halt production of most widebody jets and Airbus SE restarted only partial output after a four-day shutdown as suppliers cut jobs.
Agricultural Bank of China (ABC) plans to issue special bonds worth 40 billion yuan ($5.65 billion) to support efforts to fight the spread of coronavirus, two sources with knowledge of the plans told Reuters.
Indian shares were set to follow Asian peers higher on Tuesday after their worst single-day fall in history, as sentiment improved after the U.S. Federal Reserve pledged to spend as much as needed to steady the financial system.
The dollar slipped on Tuesday on signs tight funding conditions are easing slightly after the U.S. Federal Reserve pulled out all stops to supply much needed greenback liquidity.
(RTTNews) - Indian shares look set to open higher on Tuesday, mirroring firm Asian markets and recovery in U.S. stock futures after the U.S. Federal Reserve launched unlimited bond buying and promised other steps to support the world's largest economy.
(RTTNews) - Twitter Inc. (TWTR) said it now expects operating loss in the first-quarter, and quarterly revenue to be down slightly on a year-over-year basis, citing the impact of the COVID-19 pandemic.
A slim majority of economists expect Thailand to cut its benchmark interest rate to a new low on Wednesday, a Reuters poll showed, after slashing it in a surprise meeting last week to mitigate the hit to its economy from the coronavirus outbreak.
England's Premiership Rugby is considering midweek matches and staging multiple games behind closed doors at a single venue to complete the 2019-20 season, league chief executive Darren Childs has said.
The U.S. Securities and Exchange Commission (SEC) said on Monday it will allow temporary flexibility to borrow and enter into certain other lending arrangements for registered investment companies affected by the coronavirus pandemic.
(RTTNews) - The Thai 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 stumbled more than 90 points or 8.4 percent. The Stock Exchange of Thailand now rests just beneath the 1,
Alphabet Inc's Google said on Monday that over the last three days it had surveyed some users about their health at the request of Carnegie Mellon University researchers aiming to forecast the spread of coronavirus infections.
Asian stocks rebounded sharply on Tuesday as the U.S. Federal Reserve's promise of bottomless dollar funding eased painful strains in financial markets, even if it could not soften the immediate economic hit of the coronavirus.
(RTTNews) - The Indonesia stock market turned lower again on Monday, one session after it had ended the four-day losing streak in which it had stumbled more than 800 points or 18.5 percent. The Jakarta Composite Index now rests just beneath the 3,990-point plateau and it's looki
Toyota Motor Corp and Nippon Telegraph and Telephone Corp have agreed to work together on developing smart cities and will invest 200 billion yen ($1.8 billion) in each other to cement the relationship, a person briefed on the issue told Reuters on Tuesday.
Gold prices rose on Tuesday, following a near 4% jump in the previous session after the U.S. Federal Reserve announced unprecedented measures to support an economy which is reeling from the coronavirus pandemic.
Australia's central bank injected A$6.9 billion ($4.06 billion) into the financial system on Tuesday and said it would buy A$4 billion in government bonds as it looks to blunt the economic fallout from the coronavirus pandemic.
Reuters
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