June 10, 2020

HK’s Cathay Pacific shares set to open up 18.7% after $5 billion rescue package

Shares of Cathay Pacific Airways Ltd were set to open sharply up 18.7% on Wednesday after it announced a HK$39 billion ($5 billion) recapitalisation plan led […]
June 10, 2020

Chinese companies put U.S. listing plans on ice as tensions mount

Chinese companies are putting off plans for U.S. listings as tensions between the world’s top two economies rise, lawyers, bankers, accountants and regulators involved in what […]
June 10, 2020

Asian shares slip after mixed Wall Street session

Asian equities slipped on Wednesday after most U.S. stocks pared gains made during their recent rally, although the Nasdaq benchmark reached its second straight day at […]
June 9, 2020

S&P 500, Dow ease as focus shifts to Fed; tech pushes Nasdaq to closing record

The S&P 500 and Dow fell on Tuesday, pausing after recent strong gains as focus shifted to the Federal Reserve, while the Nasdaq ended at an […]
June 9, 2020

Stocks trend lower as investors step back, safe-havens rally

A recent run of optimism in markets hit the brakes on Tuesday as investors mostly pulled back from stocks, though the Nasdaq extended its record run […]
June 9, 2020

Morgan Stanley’s Gorman says worst behind, sees smaller reserve build in second quarter

Morgan Stanley Chief Executive Officer James Gorman said on Tuesday the bank expects to set aside a smaller amount of money for potential loan losses in […]
June 9, 2020

Investors brace for market swings as Trump slips in election polls

The U.S. presidential election is re-emerging as a potential risk to markets after a shift in polls that has seen President Donald Trump lose ground to […]
June 9, 2020

What to look for in the Fed’s U.S. economic outlook

U.S. Federal Reserve policymakers on Wednesday will publish their first economic projections since the coronavirus pandemic set off a recession in February, estimates expected to signal […]
June 9, 2020

Oil rises as production curbs face renewed demand fears

Oil prices rose on Tuesday, as optimism about recent commitments from major oil producers to curb production offset concerns about a resurgence in coronavirus cases. Powered […]
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