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Yuan and Aussie Dollar readies itself for vulnerability ahead of China market re-opening The China’s Yuan and its proxy, the Australian Dollar had readied itself for a vulnerable trading day on Monday as global authorities employed drastic ...
Investors are apprehensive with news of renewed Brexit uncertainty. They had looked into the Kingdom's economic fundamentals that strongly suggest of economic slowdown. Should the stagnation carry on, rate cut speculations will happen and ...
China’s manufacturing activity recorded a weak progress in January as export orders declined and new virus contagion contributed to risks that drag the world’s second-largest economy. The Purchasing Manager’s Index (PMI) ...
Oil prices soared on Friday as the World Health Organization (WHO) declared global emergency, advised against travel, and restricted trade amid the coronavirus outbreak that began in Wuhan, China. Oil prices fell 4% through Thursday in the ...
Amid the outbreak of the new Coronavirus in China, a Chinese international trade promotion agency offered help to companies who are struggling to cope with their business partners abroad by issuing them force majeure certificates. The China ...
Asian shares regained momentum on Friday as investor sentiment was uplifted by optimism that China would contain the novel Coronavirus, even reports continued to file more cases and death rates. China’s manufacturing activity which surpassed ...
South Korea’s factory output in December higher than estimated as a large chip production boosted industrial activity. However, analysts warn of the impact of the Coronavirus outbreak on demand in January. Industrial output climbed 3.5% ...
EA’s tepid 4Q forecast adjusts below analysts’ expectations Electronic Arts Inc. adjusted its forecast for fourth-quarter revenue below analysts’ estimates after being pressured by the delayed launch of its anticipated title ...
Nintendo CEO says no plans for new Switch model in 2020 Nintedo Co Ltd. CEO Shuntaro Furukawa said on Friday that it has no plans to launch an upgraded Switch model this year. The news halted rumors that the gaming company would release a ...
TOKYO- Oil prices sunk down on Thursday as the growing statistics of coronavirus victim reached 170 and more airlines canceled operations to China’s major cities. Market inactivity was dragged down further due to advancing US crude inventories. Brent ...
The United Kingdom finally left the European Union on Thursday night, leaving its trade deal uncertain with the group. The long-planned and waited geopolitical move of Britain has finally come to pass, though the transition period keeps Britain’s ...
TOKYO- The dollar reached two-month high against several major peers while Australian dollar and the yuan fluctuated on Thursday as markets armed themselves from assets subject to China’s coronavirus contagion. The US Federal Reserve, ...
The California Institute of Technology (CalTech) won $1.1 billion jury verdict patent case against Apple and Broadcom. The case was filed in 2016 in the federal court of Los Angeles. CalTech alleged Broadcom from infringing patents linked ...
British car output fell in 2019 at the fastest rate since the recession due to weak exports and diesel demand. To protect the sector, an industry body called for a post-Brexit trade deal. Meanwhile, investment soared to 1.1 billion pounds ...
Facebook surpasses Wall Street expectations with strong fourth quarter despite challenges Facebook went above Wall Street’s expectations with a strong fourth quarter report after it had profited greatly from advertising and new users ...
Asian stocks fall to 7-week low as China virus fears dampen demand Asian stocks and currencies performed poorly on Thursday as the death toll from the China virus rose. Confirmed cases across the around the world also dampened demands. Federal ...
TOKYO- Oil prices soared for second day on Wednesday, and were more stable after hitting five-day low on reports that OPEC could further reduce oil output if China virus impacts demand. Figures disclosing decline in US stockpiles supported ...
iPhone recuperated from previous sale inactivity but Apple is launching tighter measures against potential disruptions in virus-hit China. Apple Inc’s sales and profits surpassed Wall Street expectations. Such activity was brought by ...
British Prime Minister Boris Johnson on Tuesday included US-banned Huawei by giving it a limited role in the country’s 5G mobile network. Johnson allowed “high-risk vendors” such as Huawei to partake in the non-sensitive ...
A small gold project in Australia that was set to be sold to a Hong Kong-based company was put on hold due to the buyer showing symptoms of coronavirus. One member of the family showed symptoms attributed to the virus, which led to the quarantine ...
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