June 9, 2020

Cathay Pacific, major shareholders Swire and Air China halt trading in Hong Kong

Cathay Pacific Airways Ltd and its major shareholders Swire Pacific Ltd and Air China Ltd halted trading in their shares in Hong Kong on Tuesday pending […]
June 9, 2020

Asia stocks set to gain after recovery hopes push Wall Street higher

Asian stocks were set to climb on Tuesday as confidence in an economic recovery pushed the Nasdaq benchmark to a record high, although doubts about crude […]
June 8, 2020

Men accused of helping ex-Nissan boss flee Japan challenge U.S. extradition case

Lawyers for the former Green Beret and son wanted by Japan for helping former Nissan Motor Co boss Carlos Ghosn flee the country on Monday argued […]
June 8, 2020

Nasdaq ends at record, confirms bull market on economic recovery hopes

The Nasdaq posted a record closing high on Monday, becoming the first of the major indexes to confirm a new bull market, while the S&P 500 […]
June 8, 2020

Macy’s raises $4.5 billion to shore up funds as stores reopen, shares surge

Macy’s Inc said on Monday it raised a total of $4.5 billion, including $3.15 billion in new borrowings against its real estate assets, as the department […]
June 8, 2020

GE reopens parts of prior debt offerings to raise $3 billion

General Electric Co said on Monday it reopened portions of its prior debt offerings for $3 billion in total proceeds to boost its cash reserves amid […]
June 8, 2020

Stocks rally on quick economic revival hopes, oil slides

Global equity markets surged on Monday, with the Nasdaq hitting a record high on hopes of a quick recovery from the coronavirus slump, while oil slid […]
June 8, 2020

Nasdaq hits record close, confirms bull market on economic recovery hopes

The Nasdaq hit a record high close on Monday, becoming the first of the major indexes to confirm a new bull market, and the Dow and […]
June 8, 2020

It’s official: U.S. economy entered recession in February

The U.S. economy ended its longest expansion in history in February and entered recession as a result of the coronavirus pandemic, the private economics research group […]
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