The big-box retailer cut its profit outlook in June, saying it would take a hit as it marked down unwanted goods and canceled merchandise orders.
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Crude oil futures inched higher in mid-morning Asian trade Aug. 17 as investors bought the dip after a second day of steep declines, with sentiment still bearish amid weak economic data and progress
Cash premiums for October-loading barrels of Asia-Pacific medium sweet crudes were easing from record highs in September amid narrowing middle distillate product cracks and increasing competition from arbitrage barrels, traders said Aug. 16-17.
Tencent posted its first ever quarterly year-on-year revenue decline as stricter regulations around gaming in China and a resurgence of Covid hit the tech giant.
U.S. Treasury yields rose on weaker demand for fixed income assets as investors await the release of the Federal Reserve's minutes from its July meeting.
New OPEC Secretary-General Haitham Al Ghais said Wednesday that the influential producer group is not to blame for soaring inflation.
CeDeFi is a new financial system that combines centralized and decentralized systems. It provides privacy, reduced fees and ease of use.
A national digital currency would help curb tax evasion in Colombia, which is estimated at up to 8% of GDP, the head of Colombia’s tax and customs agency said.
It's the first time since the disaster that public support for a nuclear restart is over 60%, said Nobuo Tanaka, citing a possible energy crunch as a reason.
Chinese Premier Li Keqiang has called on six provinces to take the lead in supporting the country's growth after July data showed a slowdown across the board.
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