Commonwealth Bank of Australia became the first lender in the country on Wednesday to lift home loan variable interest rates following the central bank's latest 50 basis point hike, the third interest rate hike in as many months.
A New York judge on Tuesday held real estate firm Cushman & Wakefield PLC in contempt of court for not producing documents subpoenaed in a probe of former U.S. President Donald Trump's business practices.
(RTTNews) - The Taiwan stock market on Tuesday halted the five-day losing streak in which it had plummeted more than 1,300 points or 8.5 percent. The Taiwan Stock Exchange now rests just beneath the 14,350-point plateau and it's expected to see additional support on Wednesday.
Chicago corn and soybean futures ticked higher on Wednesday, with both markets recovering from multi-month lows reached in the previous session, although concerns over a global recession limited gains.
Commonwealth Bank of Australia became the first lender in the country on Wednesday to lift home loan variable interest rates following the central bank's 50 basis point hike, the third interest rate hike in as many months.
A U.S. appeals court on Tuesday struck down an order by the Securities and Exchange Commission that would have allowed some financial firms that are not stock exchanges to have a say in how essential stock market data is priced and disseminated.
The Philippine central bank may raise interest rates by 100 basis points more this year, its governor said on Wednesday, after annual inflation soared to a near four-year high in June driven mainly by increases in food and fuel prices.
Shares of Tokyo Electric Power Co (Tepco) fell more than 5% briefly on Wednesday after a report that the Japanese utility firm is considering joining a state-backed fund to buy Toshiba Corp.
Two laid-off Tesla workers filed an emergency motion on Tuesday to stop the electric car maker for allegedly seeking separation agreements for far less severance than legally required.
(RTTNews) - The Singapore stock market headed south again on Tuesday, one session after halting the three-day slide in which it had dropped more than 45 points or 1.5 percent. The Straits Times Index now rests just above the 3,100-point plateau although it's expected to rebound a
What happened
Shares of the Brazilian digital bank Nu Holdings (NYSE: NU) tumbled roughly 60% in the first six months of 2022, according to data frerom S&P Global Market Intelligence.
Venezuelan triple jump world record-holder Yulimar Rojas will not compete in the long jump at this month's world championships after her qualifying mark of 6.93 metres was deemed invalid due to unapproved shoes.
A closely watched part of the U.S. Treasury yield curve inverted again on Tuesday, as investors continue to price in the chance that the Federal Reserve's aggressive move to bring down inflation will push the economy into recession.
What happened
After skyrocketing by above 68.7% on Friday with no clear catalyst to speak of, Omeros (NASDAQ: OMER) stock came crashing down to earth, losing more than 33% of its value as of 3:44 p.m. on Tuesday. Given the steep run-up, it's likely that today's crash is a result
(RTTNews) - Despite staging a fairly good recovery after a sharp plunge, the Canadian market ended on a very weak note on Tuesday, as fears about a possible recession and looming interest rate hikes weighed on sentiment and rendered the mood very cautious.
What happened
The news for troubled retailer Kohl's (NYSE: KSS) has been uniformly bad of late. Compounding Friday's announcement from the company that it's cancelling a plan to sell itself, several analysts on Tuesday cut their price targets on the stock. Rather counterintuitive
The euro sank on Tuesday to its weakest level against the dollar in almost 20 years while oil futures tumbled and bond prices rose as investors sought safety after the latest data fueled fears of a global economic slowdown.
Venezuelan criminal investigators have launched inquiries into the murder of an indigenous leader, who was killed on June 30 in the country's southern Amazonas state, the police said on Tuesday.
Brazil's Itausa and
Votorantim SA signed an agreement to buy Andrade Gutierrez's
14.86% stake in transportation infrastructure company CCR SA for around 4.1 billion reais ($761 million), Itausa
said in a securities filing on Tuesday.