Japan’s NEC buys Swiss software company Avaloq

Japan's NEC agrees to purchase Switzerland's largest software provider Avaloq to banks for SFr2.05bn ($2.2bn). The purchase is NEC's biggest raid into the worldwide fintech space as...

Ed Yardeni says US economy will recover without fiscal aid

A veteran strategist said that a V-shaped recovery for the U.S. economy is possible despite a lack of stimulus aid. Many economists believe that another...

Dow futures plunged after Trump said he tested positive for coronavirus

When Donald Trump tweeted that he and first lady Melania Trump had tested positive for COVID-19, the Dow futures went as low as 500...

Britain Q2 slump worst, but not as bad as first thought

Despite the revised figure, the U.K. economy’s Q2 slump remained the worst contraction in the country’s economic history. Britain previously posted a 20.4% decline in...

QUAD ministers meet in Tokyo amid regional disputes

The QUAD group has decided to meet in Tokyo on October 6 to discuss pressing issues in the Indo-Pacific region, amidst tensions from China. QUAD,...

US economic growth down to 3.5%, major bank predicts

U.S. gross domestic product growth, according to an investment bank, will slow down through the end of 2020 as fiscal aid appears unlikely to...

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