European stock markets are set to open mostly lower Tuesday, with worries about the ongoing Covid-19 outbreak outweighing positive signs from China’s manufacturing sector. At 2:25 AM ET (0605 GMT), the DAX futures contract in Germany traded 0.3% lower. {{167|France’s CACAC 40...
China’s parliament passed national security legislation for Hong Kong on Tuesday, setting the stage for the most radical changes to the former British colony’s way of life since it returned to Chinese rule 23 years ago. State media is expected to publish details of the law –...
The dollar has drifted lower in early European trade Monday, as sentiment surrounding currency traders continues to fluctuate between optimism over a global economic recovery and worry as the number of coronavirus cases continues to grow. At 3 AM ET (0700 GMT), the dollar index, which tracks...
Finnish telecoms equipment maker Nokia Oyj (HE:NOKIA) said on Monday it has won a 5G contract worth about 400 million euros ($449.48 million) from Taiwan Mobile to build out the telecom operator’s next-generation network as the sole supplier. A supplier to Taiwan Mobile’s earlier...
Gold was down but not out on Friday morning in Asia, with investor worries about the increasing number of COVID-19 cases globally helping it stay above the 1760 mark. There were almost 9.6 million COVID-19 cases globally as of June 26, according to Johns Hopkins University data. Gold was also...
Asian stock markets ground higher on Friday, but are set to end a choppy week with only slight gains as surging coronavirus infections cast a shadow over encouraging economic data and checked hopes for a swift global recovery. MSCI’s broadest index of Asia-Pacific shares outside Japan...
Retail giant Amazon Inc (O:AMZN) is expanding its Australian operations with plans to build a warehouse in Sydney and is also scouting locations for a giant facility in Melbourne, the Australian Financial Review reported on Thursday. An Amazon spokeswoman declined to comment on...
Oil prices slipped on Thursday, extending losses of more than 5% in the previous session, weighed down by record high U.S. crude inventories and worries that a rapid resurgence in COVID-19 cases could choke a revival in fuel demand. U.S. West Texas Intermediate (WTI) crude futures fell 26...
Asian shares cleared a four-month high on Wednesday as investors remained stubbornly upbeat on the outlook for a re-opening of the global economy even as cases of the coronavirus looked to be accelerating to new peaks. MSCI’s broadest index of Asia-Pacific shares outside Japan added 0.5%...
Google (NASDAQ:GOOGL) will invest as much as $2 billion in a data centre in Poland to deal with cloud services, the Puls Biznesu daily said on Wednesday. News of the investment follows an announcement by Microsoft (NASDAQ:MSFT) in May that it will invest $1 billion in a Polish data centre, as...
