Australian shares drifted within a tight range on Tuesday as investors took a cautious stance ahead of a Reserve Bank of Australia (RBA) meeting where investors are widely expecting a rise in the key cash rate by half a percentage point.
Shares in Japan's Rakuten Group Inc climbed 2.4% on Tuesday, a day after the e-commerce firm said it has applied to list its online banking unit on the Tokyo Stock Exchange.
Industrial metals have gone from boom to bust in the space of only three months. The LME Index has just experienced its sharpest quarterly fall since the global financial crisis.
Philippine annual inflation surged to 6.1% in June, pulling away from the official 2%-4% target band, due mainly to higher energy costs and prices of some food items, the statistics agency said on Tuesday.
Investors continued to liquidate bullish long positions in petroleum last week as the economic outlook deteriorated though the rate of selling was much slower after heavy selling the week before.
Japan's services sector activity expanded at the fastest pace in over eight years in June as the easing of coronavirus curbs boosted sentiment among businesses such as those in tourism.
PBF Energy Inc on Monday reported its 156,400-barrel-per-day Martinez, California, refinery is restoring power to a process unit after the facility was hit by a partial power failure.
Shares of online personalized-apparel retailer Stitch Fix (NASDAQ: SFIX) have plunged 95% since hitting their all-time high in late January 2021. In 2022, they're down 74%, as of July 1.
The Canadian dollar strengthened against its U.S. counterpart on Monday, as oil prices rose and a Bank of Canada survey showed a surge in inflation expectations that bolstered bets for a supersized interest rate increase next week by the central bank.
What happened
Shares of Opendoor Technologies (NASDAQ: OPEN) fell a brutal 34.9% last month, according to data provided by S&P Global Market Intelligence. The iBuying and house flipping company put up solid growth in its latest quarterly result, but investors are likely worri
Dubai-based Dragon Oil signed a $1 billion deal to renew its production partnership in Turkmenistan with state-owned Turkmen Oil for 10 years after the current contract expires in May 2025, the United Arab Emirates state news agency WAM said on Monday.
What happenedShares in Warren Buffett's Berkshire Hathaway (NYSE: BRK.A) declined by 13.7% in June, underperforming the benchmark S&P 500 index's decline of 8.4%. The place to start when looking at why is by analyzing what's in the Berkshire Hathaway portfolio. So here's a ta
Italy on Monday declared a state of emergency for areas surrounding the river Po, which accounts for roughly a third of the country's agricultural production and is suffering its worst drought for 70 years.
What happened
Giving back a large portion of the 55% gain they had made through the first five months of the year, shares of Tellurian (NYSEMKT: TELL) plummeted last month. The developer of natural gas infrastructure saw its stock fall 38% in June, according to data from S&P
Argentina's black market peso slumped more than 14% on Monday after the abrupt resignation of long-standing economy minister Martin Guzman, while the new minister attempted investors pledging a "sustainable fiscal program".
The first Women's World Cup Playoff Tournament will take place in the cities of Hamilton and Auckland in New Zealand on Feb. 17-23 next year, FIFA said on Monday.
Ecuador's oil output has recovered by about 90% since a deal between the government and demonstrators ended nationwide protests late last week, the ministry of mines and energy said on Monday.
Though Russia can claim a prize with its capture of Ukraine's eastern Luhansk region, it is far from Moscow's ambitious early war aims and does not deal Kyiv a decisive military blow.
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