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Gold prices fell earlier on Tuesday in Asian trade, retreating from an earlier rally on the back of Washington’s comments on the U.S.-China trade deal. White House trade advisor Peter Navarro temporarily spurred worries from investors ...
Asian shares were in rocky trade on Tuesday after the confusing statements made by the White House over the U.S.-China trade deal. President Trump also clarified that the pact between the two countries was “fully intact.” S&P ...
The euro and its peers gained on Tuesday following White House trade adviser Peter Navarro’s claim that his comments on the U.S.-China trade deal were taken out of context. The euro gained 0.3% to $1.1306, its one-week high after its ...
Oil prices held steady on Tuesday, remaining unchanged from gains in the previous session after demand for fuel showed signs of picking. Brent crude rose by 6 cents to $43.14 per barrel at 0046 GMT after previously gaining 2.1% on Monday. ...
On Monday, German payment service provider Wirecard (WDI) said that the 1.9 billion Euros ($2.1 billion), which were supposed to be held in two accounts, probably do not exist. "The Management Board of Wirecard assesses on the basis of further ...
SoftBank Group Corp. (9984.T) announced on Monday that it would sell up to 198 Million shares of the U.S. wireless carrier T-Mobile U.S. Inc. (TMUS.O) worth $21 billion. The telecom company revealed a series of transactions to seek funds for ...
June had seen Japan’s manufacturing activity struggling at an 11-year low. This indicated that the novel coronavirus pandemic has greatly affected manufacturers even as services-sector confidence advanced. The au Jibun Bank Flash ...
Great Britain’s automobile industry called on the government to provide additional measures such as sales tax reduction. This aims to lift the suffering sector as a third of automotive employees remain furloughed due to the novel coronavirus ...
Gold prices rose earlier on Monday in Asia, reaching its highest since May as fears of a second wave of COVID-19 cases continued to dampen hopes of a quick economic recovery. The World Health Organization on Sunday reported a record 180,020 ...
The U.S. Dollar reached a three-week high while commodity currencies halted on Monday after concerns mounted over the surge of new COVID-19 cases around the world. Market movements were still limited as investors hoped that fears of a second ...
Lufthansa’s Chief Executive Officer Carsten Spohr announced on Sunday that the company would seek to avoid grounding and insolvency before a showdown between the airline’s biggest shareholder and the German government over the ...
On Sunday, American Airlines Group Inc. (AAL) said that it is planning to raise as much as $3.5 billion from stock and notes offerings, as the ailing U.S. carrier grapples with the financial fallout of the travel restrictions caused by the ...
European shares dropped on Monday as a surge in new coronavirus cases in Germany and elsewhere unsettled investors’ hopes for a faster economic recovery. The pan-European STOXX 600 index fell 1%, with the losses led by oil and gas.SXEP, ...
Oil prices fell on Monday as fears that a second coronavirus wave could delay the recovery for fuel demand and outweigh the record output cuts. Brent crude slid 0.2%, or 10 cents, at $24.04 per barrel. U.S. crude dropped 0.3%, or 11 cents, ...
New Zealand’s central bank is expected to keep rates unmoved at its policy meeting on Wednesday. However, it projects a cautious tone as fears of a second wave of COVID-19 infections dampened outlook and increased economic uncertainty. All ...
Backed by record-low mortgage rates and limited supply, US home prices are set to overcome the economic drag brought by the novel coronavirus pandemic, according to a Reuters poll that foresees home prices beating consumer prices this year ...
On Thursday, President Donald Trump renewed his threat to cut ties with China a day after the U.S. Trade Representative Robert E. Lighthizer told Congress that Trump did not see decoupling the U.S. and Chinese economies as a viable option. “It ...
Japanese clothing brand Uniqlo began selling its washable and fast-drying face masks on Friday. Customers stood in long lines as rain poured down outside of stores prompting a flood of social media photos. Uniqlo’s website crashed due ...
The Dollar retreated from gains in Europe earlier on Friday. However, losses were not far from its two-week high as worries of a second wave mounted with increasing new COVID-19 cases worldwide. The Dollar index slipped 0.1% to 97.352 at 3:10 ...
European shares traded higher on Friday with Germany’s airline company Lufthansa leading gains on the back of signs on movement in its stalled government bailout. The gains also came ahead of the European Council’s meeting to negotiate ...
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