Australia has officially entered its first recession after nearly 30 years, with the June quarter GDP numbers showing the economy went backwards by 7 per cent, the worst fall on record, official figures revealed on Wednesday. ...
The US dollar strengthened in late trading on Tuesday as market participants digested a slew of newly-released economic data....
US stocks ended higher on Tuesday, fuelled by a rally in big tech names. ...
Brookfield Infrastructure along with its partners have completed the acquisition of Reliance Jio's telecom tower assets with an investment of Rs 25,215 crore as the transaction has received all the regulatory approvals...
South Korea on Tuesday proposed a record-high government budget for 2021 to bolster economic recovery amid uncertainty over the Covid-19 pandemic, according to the Ministry of Economy and Finance....
All functions of the Colombo Stock Exchange (CSE) will be digitalised from September 17 to provide a smooth and more efficient service, Securities and Exchange Commission (SEC) officials has informed Prime Minister Mahinda Rajapaksa....
Zoom Video Communications has posted solid results in the fiscal second quarter which ended on July 31 with total revenue hitting $663.5 million, a growth of 355 per cent year-over-year as new customers joined the platform amid Covid-19 restrictions....
Richard Clarida, Vice Chair of the US Federal Reserve, said the unanimous approval and release of a new monetary policy framework marked "an important milestone", calling it a critical and robust evolution of the central bank's monetary policy strategy. ...
US stocks finished mixed on Monday as Wall Street wrapped up its best August in more than 30 years. ...
The US dollar weakened in late trading on Monday as market participants continued to digest the Federal Reserve's policy shift on inflation....
