Stocks rise on hope that worst of economic plunge has passed
Even with the economy still in miserable shape, some investors are finding reasons to hope the worst of the plunge may have passed, and Wall Street rallied to its biggest…
Asian shares rise on hopes for drug to treat coronavirus
TOKYO — Asian shares advanced on Thursday, riding a wave of optimism about a possible treatment for the coronavirus that set off a rally on Wall Street powerful enough to…
3M earnings rise on demand for medical masks
3M experienced a 21% surge in sales in its health care business during the first quarter. Image: Alex Edelman – AFP Industrial giant 3M reported higher quarterly profits Tuesday on…
Asian shares rise moderately as oil prices recover
TOKYO — Asian shares rose moderately Thursday following a rally on Wall Street and even oil prices recovering from their recent plunge to zero. Currency traders watch monitors at the…
Coronavirus test maker Roche sees sales rise
GENEVA — Swiss pharmaceutical company Roche, which helps make tests to detect the COVID-19 illness, said Wednesday its sales edged up in the first quarter despite the broad economic volatility…
IMF cuts 2020 PH growth forecast to 0.6%, expects unemployment to rise amid COVID-19 pandemic
MANILA, Philippines – The COVID-19 pandemic would not only slow the Philippines’ economic growth to a dismal 0.6 percent but also render more Filipinos jobless this year, the Washington-based International…
Asian shares rise amid wait for China data, global earnings
TOKYO — Asian shares rose Tuesday although investors were braced for a sobering first look at how the coronavirus pandemic has hurt global corporate earnings and the Chinese economy, the…
Asian shares rise, echoing Wall St optimism on virus battle
TOKYO — Asian shares rose Tuesday, echoing the rally on Wall Street, amid a few glimmers of hope that the coronavirus pandemic could be slowing. People wearing face masks stand…
Volume of marked tax-paid fuel rise to 6.45 billion despite lockdown
MANILA, Philippines — As of last week, a total of 6.45 billion liters of tax-paid fuel had been already marked by the government as it continued to monitor oil firms’…
Asian stocks rise after Wall Street health-care-led rally
TOKYO — Asian shares surged Tuesday after a rally in U.S. stocks, mostly spurred by health care companies’ announcements of developments that could aid in the coronavirus outbreak. A currency…