China's state-owned Chongqing Changan Automobile Co Ltd is in talks to take over struggling Chinese electric vehicle maker Human Horizons, financial news outlet Yicai reported on Wednesday, citing Changan Chairman Zhu Huarong.
(RTTNews) - European stocks may open on a mixed note Wednesday as investors await key U.S. GDP and inflation readings along with speeches by Fed officials for fresh clues on the timing of the Federal Reserve's easing cycle.
Oil prices slipped in early Asian trade on Wednesday as the prospect of a delayed U.S. rate cutting cycle offset the boost provided by talk of extensions to production cuts from OPEC+.
New Zealand's central bank held the cash rate steady at 5.5% on Wednesday, as it reiterated that previous rate hikes had helped dampen prices but said that policy needs to remain restrictive for a while in order to bring inflation below its target band.
(RTTNews) - The Indonesia stock market on Tuesday ended the four-day losing streak in which it had slumped almost 70 points or 1 percent. The Jakarta Composite Index now sits just above the 7,285-point plateau and it may tick higher again on Wednesday.
(RTTNews) - Dutch Bros Inc. (BROS) announced pricing of registered underwritten public offering by certain selling stockholders associated with TSG Consumer Partners L.P. of 8 million shares of Dutch Bros' Class A common stock, par value $0.00001 per share at a public offering pr
Several major cryptocurrencies rallied on Tuesday amid news of growing crypto adoption and speculation surrounding the timing of the first spot Ethereum-centric exchange-traded fund (ETF) approvals.
(RTTNews) - Snapping a four-session winning streak, the Australian stock market is trading modestly lower on Wednesday after opening in the green, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 7,700 level, with losses in energ
(RTTNews) - SK Telecom (SKM), Iceotope Technologies, a Precision Liquid Cooling provider, and SK Enmove, a base oil and lubricants provider developing thermal fluids for data center, signed a memorandum of understanding to collaborate on the development of liquid cooling techniqu
Australian consumer price inflation held at a two-year low in January, dashing forecasts for a tick higher and reinforcing market expectations interest rates would not need to increase any further.
Prosecutors on Tuesday focused on how live rounds got onto the set of "Rust," questioning a detective who said the film's armorer was mistaken when she said the live round used in a fatal shooting came from an ammunition box provided by a props supplier.
Australian shares inched lower on Wednesday after a four-session winning run, as losses in financials outweighed gains in mining stocks, while data showed that domestic consumer price inflation held at a two-year low in January.
(RTTNews) - The Hong Kong stock market on Tuesday ended the two-day slide in which it had slumped more than 100 points or 0.6 percent. The Hang Seng Index now sits just above the 16,790-point plateau although it may hand back some of those gains on Wednesday.
New Zealand's central bank held the cash rate steady at 5.5% on Wednesday, as it reiterated that previous rate hikes had helped dampen prices but said that policy needs to remain restrictive for a while in order to bring inflation below its target band.
Shares of restaurant chain Portillo's (NASDAQ: PTLO) popped on Tuesday after closing out 2023 with financial results that beat expectations. As of noon ET today, Portillo's stock was up about 17%.
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