What happened
AeroVironment (NASDAQ: AVAV), in the spotlight recently because Ukraine is using its drones in its war with Russia, reported its fiscal fourth-quarter results after the market closed Tuesday, and the numbers came up short of expectations. Its shares lost altitude as
Chief Executive Bob Chapek introduced Walt Disney Co's first new cruise ship in a decade on Wednesday, the culmination of the first project the former theme parks executive championed to the company's board of directors.
The South African rand fell against the dollar on Wednesday after struggling state electricity company Eskom warned that the power system would remain constrained and vulnerable to additional breakdowns.
Exports of Ecuador's flagship Oriente crude remain suspended as anti-government protests spread across the country, limiting shipments to cargoes of Napo heavy crude, people with knowledge of the matter told Reuters on Wednesday.
(RTTNews) - The Japanese stock market is sharply lower on Wednesday, giving up some of the gains in the previous four sessions, with the Nikkei 225 staying above the 26,700 level, following the broadly negative cues overnight from Wall Street, dragged by exporters and technology
Liontown Resources Ltd signed a lithium supply agreement with Ford Motor Co, the Australian miner's latest after similar deals earlier this year with Tesla and electric vehicle (EV) battery maker LG Energy.
Chicago wheat futures extended gains on Wednesday, lifted by signs of improved demand and bargain-buying after three straight sessions pushed the contract to its lowest level since February.
(RTTNews) - Volkswagen together with Siemens is investing $450 million in Electrify America LLC, valuing the U.S. electric-vehicle charge business at $2.45 billion, the companies said in a statement.
With the Bank of Japan's accommodative stance set to persist, USD/JPY will remain better bid, perhaps testing its 136.71 multi-decade high soon. Yet gains may slow with U.S. yields having peaked for now, and as jaw-boning by Japanese officials and exporter sales hamper rises.
Australian retail sales again beat expectations in May as consumers spent more on eating out and in department stores, suggesting demand is proving resilient in the face of surging inflation and rising interest rates.
(RTTNews) - The Indonesia stock market has moved lower in back-to-back sessions, slipping almost 50 points or 0.8 percent along the way. The Jakarta Composite Index now rests just beneath the 7,000-point plateau and it may take further damage on Wednesday.
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Thailand's economy is expected to grow 2.9% this year, unchanged from a forecast in April, supported by private consumption and tourism recovery, the World Bank said on Wednesday.
Oil prices fell on Wednesday after rising in the previous three sessions but losses were limited on the view that global supply tightness will continue as there is limited room for major producers such as Saudi Arabia to boost production.
Dozens of people were still missing on Wednesday after a Russian missile strike on a shopping mall in central Ukraine two days ago that killed at least 18, while a regional governor said the situation was "very difficult" in Lysychansk in the east.