International News
SoftBank rebounds to $12bn quarterly profit
SoftBank has rebounded from its historic loss with $12bn quarterly profit, fuelled by the high-profile investment in tech including backing from Uber and Slack.
Apple Daily vows to keep protesting despite owner's arrest
Hong Kong’s newspaper Apple Daily said it would continue to defy the city’s authorities on Tuesday as a response to the arrest of owner Jimmy Lai under the new national security law.
Europe close: Shares close higher on Russia Covid vaccine hopes
European stocks closed the day strong but off intra-day highs driven by hopes of more US stimulus and reports of a new coronavirus vaccine developed by Russia, which in turn spurred sentiment in heavyweight travel stocks.
Russia approves first Covid-19 vaccine, says Putin
President Vladimir Putin said on Tuesday that Russia had become the first country to approve a Covid-19 vaccine after less than two months of human testing.
US small business optimism deteriorates amid Covid-19
Small business sentiment in the US deteriorated in July as coronavirus cases rose, according to the latest survey from the National Federation of Independent Business.
US pre-open: Futures rally on vaccine optimism
Wall Street futures had stocks opening higher ahead of the bell on Tuesday after Russia gave regulatory approval for the world’s first Covid-19 vaccine.
New Zealand's largest city enters fresh Covid-19 lockdown
New Zealand’s largest city is to go back into lockdown, after the country’s prime minister reported four cases of community transmission of Covid-19 on Tuesday evening local time.
Asia report: Markets mixed amid US-China tensions
Markets in Asia finished in a mixed state on Tuesday, following a stellar session on Wall Street overnight, as investors watched the ongoing geopolitical spat between Washington and Beijing.
German investor sentiment improves in August
German investor sentiment improved in August, according to the latest survey from the ZEW Center for European Economic Research in Mannheim.