Asia stocks take comfort in China trade data, yuan fix
Asian shares were trying to rally on Thursday as Beijing reported better trade numbers while also limiting the fall in its yuan, offering temporary relief from fears of a global currency war.
Asian shares were trying to rally on Thursday as Beijing reported better trade numbers while also limiting the fall in its yuan, offering temporary relief from fears of a global currency war.
Asian shares were trying to rally on Thursday after Beijing limited the fall in its yuan and provided temporary relief from fears of a global currency war, though worries about recession still lurked in the background.
Fitness chains SoulCycle and Equinox on Wednesday sought to distance themselves from a fundraiser for U.S. President Donald Trump reportedly in the works by their billionaire owner, real estate executive Stephen Ross.
The U.S. dollar's dominance will come to an end if the Federal Reserve gives in to pressure from financial markets and President Donald Trump and chops interest rates another 50 basis points this year, a Reuters poll of market strategists showed.
Manuel Medina Mora, one of the most influential Mexican bankers to work on Wall Street during a long career at Citigroup Inc , has died, the bank's Mexican unit Citibanamex said on Wednesday. He was 69.
One sector of the S&P 500 has a recent track record of holding onto gains made shortly after steep, sudden losses.
Subway Restaurants will test Beyond Meat Inc meatballs in 685 restaurants across the United States and Canada starting next month, the latest chain to jump on the meat alternatives bandwagon.
China's Great Wall Motor on Wednesday said that its joint venture with BMW faced regulatory uncertainties as both companies pledged to proceed with plans for developing a low-cost electric car.
Disney+ is set to launch in November. Needham said Disney's streaming customers will "mostly come" from Netflix because "US consumers have shown a reluctance to add" additional streaming services.
U.S. package delivery company FedEx Corp will terminate its contract at the end of this month for small-package ground deliveries with Amazon.com Inc , Bloomberg reported on Wednesday.
Women face unique risks when it comes to saving for retirement, according to a survey from Nationwide Advisory Solutions.
U.S. stocks futures turned lower on Wednesday after investors flocked to safe-haven gold and U.S. government bonds amid worries over the escalation in U.S.-China trade war denting global growth.
Asian shares braced for more volatility on Thursday as eye-catching easings by central banks stoked fears of global recession, driving U.S. yields to near-record lows and lifting gold past $1,500 for the first time since 2013.
Advanced Micro Devices Inc on Wednesday released the second generation of its processor chip for data centers and said that it had landed Alphabet Inc' Google and Twitter Inc as customers.
Investors rushed into the safety of U.S. government bonds on Wednesday, muting a broad stocks rally as fears of a global recession grew.