Yen Rises Amid Risk Aversion

The Japanese yen strengthened against other major currencies in the Asian session on Thursday amid risk aversion, as traders are cashing in on the strong upward move seen in recent sessions.

European Economic News Preview: UK Public Sector Finance Data Due

Public sector finance data from the UK is due on Thursday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK public sector net borrowing data for

Asian Shares Decline After Wall Street Snaps Rally

Asian stocks ended mostly lower on Thursday after an abrupt mid-afternoon nosedive ended Wall Street's impressive rally overnight.

Bay Street Likely To Open Slightly Higher

The Canadian market may open marginally higher Wednesday morning, with energy stocks likely to move up, tracking firm crude oil prices.

Palatin Technologies Completes Sale Of Vyleesi To Cosette Pharma For Up To $171 Mln

Biopharmaceutical company Palatin Technologies, Inc. (PTN) announced Wednesday the sale of Vyleesi to US-based speciality pharmaceutical company Cosette Pharmaceuticals for up to $171 million, consisting of an upfront

German Consumer Sentiment To Gain Strength In January

Germany's consumer sentiment is set to strengthen at the start of next year amid a robust rebound in income expectations despite the economy undergoing a downturn, a closely watched survey revealed on Wednesday. The

Big Rock Brewery Appoints David Kinder As President And CEO

Big Rock Brewery Inc. (BR.TO) announced Wednesday that after an extensive search, David Kinder will be appointed as President and CEO of Big Rock Brewery effective January 8, 2024.

GSK Inks License Deal With China's Hansoh Pharma For HS-20093; To Pay Up To $1.7 Bln

GSK plc (GSK, GSK.L) and Chinese biopharmaceutical company Hansoh Pharma announced Wednesday that they have entered into an exclusive license agreement for HS-20093, a B7-H3 targeted antibody-drug conjugate (ADC)

Crown Castle Announces Comprehensive Review Of Fiber Business, Search For New CEO

Crown Castle Inc. (CCI) announced Wednesday a comprehensive review of the Company's fiber business, search for a new CEO and the addition of two new independent directors to the Company's Board.

U.S. Dollar Rebounds Against Most Majors

The U.S. dollar advanced against its most major counterparts in the New York session on Wednesday, after falling in the previous session on hopes of interest rate cuts next year.