Business
UK and Japan want outline trade deal this month - Japanese foreign minister
Britain and Japan have reached substantial agreement in most areas for a bilateral postBrexit trade deal and will speed up their talks, Japan's foreign minister said on Friday.
Seismic surveyor PGS's shares surge on TGS's $600 million offer
Seismic surveyor TGS's unsolicited cash offer of $600 million for part of rival PGS sent its shares up as much as 67% in early trading on Friday.
Sensex, Nifty muted as virus cases top 2 million
India's main shares indexes were trading flat on Friday as domestic coronavirus cases crossed two million, dampening positive sentiment from the previous session following the central bank's support to the economy.
Stocks rise, yields slip as investors await stimulus
Global equity markets edged higher and bond yields eased off earlier lows on Thursday as investors awaited word on a new U.S. aid package to counter economic fallout from the coronavirus crisis.
Siemens forecasts modest sales growth as speeds up cost cuts
Siemens expects a "modest" improvement in orders and revenue in the months ahead, as the German engineering group tackles the coronavirus downturn by speeding up cost savings.
Gold flirts with record peak on bleak economic outlook
Gold extended its rally on Thursday to within touch of the previous day's record peak, as the COVID19 pandemic clouded the economic outlook and boosted bullion's safehaven allure, though the rapid pace of gains could prompt some profittaking.
Lost Seoul: South Korean middle-class dreams spoiled by soaring house prices
Even with unemployment spiking as the coronavirus pandemic swept South Korea in February, Baek Seungmin asked his wife to quit her nursing job to help reach a dream they had spent a lifetime chasing: buying their own apartment.
Philippines suffers first recession in 29 years, braces for grim year on virus woes
The Philippine economy fell into recession for the first time in 29 years with a record slump in the second quarter, as strict lockdown measures ravaged economic activity and prompted the government to sharply cut its GDP forecast for 2020.
Toyota's first-quarter profit nearly wiped out as coronavirus erodes car sales
Toyota Motor Corp posted a 98% plunge in its firstquarter operating profit on Thursday as the coronavirus pandemic halved it global sales.
Sensex, Nifty rise ahead of RBI interest rate decision
Indian shares clocked broadbased gains on Thursday ahead of a bimonthly monetary policy decision by the country's central bank, with financial and IT stocks leading gains.
Fed's Kaplan: Resurgence of virus is muting economic recovery, more aid needed
The resurgence of coronavirus infections has muted the economic recovery and Congress needs to support the economy by continuing to provide enhanced unemployment benefits and aid to state and local governments, Dallas Federal Reserve Bank President Robert...
Canada signs deals with Pfizer, Moderna for experimental COVID-19 vaccines
Canada has signed separate deals with Pfizer Inc and Moderna Inc to supply millions of doses of their experimental coronavirus vaccines, a top official said on Wednesday.
Global Markets: As good as...? Gold shines again as dollar weakens
Gold jumped to a record high on Wednesday, pushing further past $2,000 in the face of a weak dollar, falling U.S. Treasury yields and expectations of more stimulus measures for the pandemicravaged global economy.
Oil prices at five-month high on big drop in U.S. crude stocks
Oil prices rose to their highest since early March on Wednesday after data showed a big drop in U.S. crude inventories, although concerns that mounting coronavirus infections will lead to reduced fuel demand capped gains.
Steelmaker Voestalpine books quarterly loss, sees recovery in China
Austrian speciality steelmaker Voestalpine reported a lower than expected net loss for its first quarter, hit by weak demand from the automotive, oil and gas, and mechanical engineering industries but cushioned by a recovery in China.
Now for the hard part: Argentina must fix economy after debt deal
It took months of tough talks for Argentina to reach agreement on restructuring $65 billion in debt. Now, economists and policymakers say, the real work begins: reviving Latin America's No. 3 economy from its currency and fiscal crises.