Global investors in Asia are sticking with bets on China's recovery and holding off on major portfolio changes as early results show a tight U.S. presidential election.
U.S. private payrolls increased less than expected in October, providing an early sign of a slowdown in economic activity as fiscal stimulus diminishes and new COVID-19 infections surge across the country.
REUTERS: U.S. stock index futures rose in volatile trading on Wednesday as the race for the White House went down to the wire, although investors remained worried about the prospect of a contested result. Republican President Donald Trump and Democratic contender Joe Biden both claimed they were ...
Shares of Uber Technologies Inc and Lyft Inc jumped in premarket trading on Wednesday, as Wall Street cheered the app-based firms' projected victory in their battle to set the terms of the gig economy they have helped create.
Voters in trend-setting California backed a ballot proposal by Uber and its allies that cements app-based food delivery and ride-hail drivers' status as independent contractors, not employees, according to a projection by data provider Edison Research.
Renewable energy and cannabis-related stocks, tipped to gain under a Joe Biden administration, were among the hardest hit on Wall Street on Wednesday, as traders adjusted to overnight results that left the presidential election hanging in the balance.
REUTERS: Futures tracking the S&P 500 and the Nasdaq indexes rose in volatile trading on Wednesday as investors faced the prospect of a drawn-out and potentially contested U.S. election result after President Donald Trump took the lead in some key states. Both Trump and Biden claimed they were on...
REUTERS: U.S. stock index futures swung to gains in volatile trading on Wednesday as investors faced the prospect of a drawn-out and potentially contested U.S. election result after President Donald Trump took the lead in some key states. Both Trump and Biden claimed they were on course for ......
PUTRAJAYA: Malaysian Prime Minister Muhyiddin Yassin said on Wednesday (Nov 4) that the government will table an expansionary budget to ensure people’s prosperity, business continuity and economic resilience amid the COVID-19 pandemic. He said during a television interview that the first focus ...
NEW YORK: Wall Street and global financial executives are waiting anxiously for a clear winner in the 2020 US election after President Donald Trump called foul play, stoking fears of a drawn-out count that keeps markets and businesses hanging. While the Republican incumbent has handed the ...
