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RTTNews Staff Writer


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Apple Inc. (AAPL) has asked its major suppliers to evaluate the cost implications of moving 15% to 30% of their production capacity from China to Southeast Asia as it prepares for a fundamental restructuring of its supply chain, the Nikkei Asian Review reported. Apple's request was triggered by the...

The Bank of Japan maintained its monetary policy and kept its forward guidance unchanged on Thursday. The Policy Board of the BoJ voted 7-2 to maintain interest rate at -0.1 percent on current accounts that financial institutions maintain at the bank. The bank said it will purchase government bonds...

Indian shares may follow global peers higher on Thursday after the Federal Reserve indicated willingness to slash rates in the coming months. That said, concerns over Indo-U.S, trade tariff, rising oil prices, worries over the prevailing drought situation in several states and the liquidity crisis...

The Thai stock market has tracked higher in back-to-back trading days, advancing almost 40 points or 2.3 percent along the way. The Stock Exchange of Thailand now rests just above the 1,705-point plateau and it may add to its winnings on Thursday. The global forecast for the Asian markets is cautiously...

Dell Technologies Inc., HP Inc., Intel Corp. and Microsoft Corp. opposed President Donald Trump's proposed tariffs on laptop computers and tablets among $300 billion in Chinese goods targeted for duties. The companies submitted joint comments opposing the tariff escalation, saying it would hurt consumer...

The Japanese stock market is rising on Thursday following the modest gains overnight on Wall Street amid indications the U.S. Federal Reserve plans to cut interest rates sometime in the future. Investors now look ahead to the Bank of Japan's monetary policy decision due later in the day. The benchmark...

UnitedHealth Group Inc (UNH) received anti-trust approval to buy DaVita Inc's primary and urgent care unit for $4.3 billion, the Federal Trade Commission said. UnitedHealth Group and DaVita Inc. have agreed to a settlement to resolve Federal Trade Commission allegations that UnitedHealth Group's proposed...

The Indonesia stock market has finished higher in back-to-back sessions, gathering almost 150 points or 2.4 percent along the way. The Jakarta Composite Index now rests just beneath the 6,340-point plateau and it's expected to add to its winnings on Thursday. The global forecast for the Asian markets...

pharmaup-jun19.jpg The following are some of today's top gainers in the pharma/biotech sector.

American Airlines (AAL) agreed to acquire 50 Airbus A321XLR aircraft, the new longer-range version of Airbus' A321neo. The purchase agreement includes the conversion of 30 of American's existing A321neo slots to A321XLRs and incremental orders for an additional 20 A321XLRs, Airbus said in a statement. Airbus...

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