ADB Upgrades Developing Asia Growth Outlook Despite China Slowdown

The Asian Development Bank upgraded the developing Asia growth outlook despite the slowdown in China as strong domestic demand and improvement in semiconductors and services exports in the remaining region boost

Norfolk Southern Urges Shareholders To Vote In Its 13 Director Nominees

Norfolk Southern Corp. (NSC) said Thursday it has sent a letter to shareholders highlighting the collective strength of its board of directors and its commitment to acting in shareholders' best interests.

Bay Street Likely To Open On Weak Note

Lower Canadian and U.S. futures, weak crude oil prices and European stocks point to a negative start for the Canadian market on Thursday.

U.S. Producer Prices Rise In Line With Estimates In March

Following yesterday's hotter-than-expected consumer price inflation data, the Labor Department released a report on Thursday showing U.S. producer prices increased in line with economist estimates in the month of March.

U.S. Weekly Jobless Claims Pull Back More Than Expected

A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits pulled back by more than expected in the week ended April 6th after reaching a two-month high in the previous

ECB Holds Rates Steady, Signals Easing Ahead

The European Central Bank left its key interest rates unchanged on Thursday, but signaled policymakers are gaining confidence on inflation returning to the 2 percent target and could lower rates in coming months. The

Will USDA Remove Heinz's Lunchables From School Lunch Program?

Packaged foods major Kraft Heinz Co.'s Lunchables lunch kits that are part of the school lunch program contain high level of lead and sodium, according to advocacy group Consumer Reports or CR. The consumer product

CarMax Q4 Results Miss Estimates

Used vehicle retailer CarMax Inc. announced Thursday a profit for fourth quarter that decreased 27 percent from last year, hurt by lower gross margins amid the decrease in average selling price in retail and wholesale.

More Pain Predicted For South Korea Shares

Ahead of Wednesday's market holiday for Election Day, the South Korea stock market had alternated between positive and negative finishes through the last five trading days since the end of the three-day winning streak in

Renewed Consolidation Called For Singapore Shares

Ahead of Wednesday's holiday for Eid-ul-Fitr, the Singapore stock market had ended the two-day losing streak in which it had shed almost 20 points or 0.6 percent. The Straits Times Index now rests just above the