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Hong Kong Market extends gain for third day

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US Stocks surge on signs of progress in coronavirus treatment

Wall Street stocks opened higher amid reaction to developments regarding the use of Gilead Sciences' antiviral drug remdesivir as a potential new treatment for Covid-19 patients. Gilead Sciences said on Wednesday that preliminary results of a coronavirus drug trial showed at least 50% of patients treated with a five-day dosage of remdesivir improved and more than half were discharged from the hospital within two weeks. Later Wednesday, White House health advisor Dr. Anthony Fauci said NIAID's remdesivir drug trial, which enrolled about 800 patients, showed quite good news and that the drug would set a new standard of care for Covid-19 patients.




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Hong Kong Market closed for holiday

Asian market advanced on Thursday, 30 April 2020, on following U.S. shares advancing overnight on reports the antiviral drug remdesivir is showing promise as an effective COVID-19 treatment.




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Japan Stocks gain on hopes for COVID-19 treatment

Total 23 issues of 33 industry category of Topix index were in positive territory, with Mining, Securities & Commodities Futures, Iron & Steel, Real Estate, Nonferrous Metals, and Glass & Ceramics Products issues being notable gainers, while Electric Power & Gas, Other Products, Air Transportation, Information & Communication, and Foods issues were notable losers.




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Australia Market surges on coronavirus treatment hopes

Investor sentiment around the world was brightened by Gilead Sciences Inc.'s announcement that preliminary results of a coronavirus drug trial showed at least 50% of patients treated with a five-day dosage of remdesivir improved and more than half were discharged from the hospital within two weeks. Later Wednesday, White House health advisor Dr. Anthony Fauci said NIAID's remdesivir drug trial, which enrolled about 800 patients, showed quite good news and that the drug would set a new standard of care for Covid-19 patients. Globally, the coronavirus pandemic has infected more than 3.1 million and taken at least 226,771 lives, according to data compiled by John Hopkins University.




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US Stocks tumble on profit booking

U.S. officials are beginning to explore proposals for punishing or demanding financial compensation from China for its handling of the coronavirus pandemic. The move could splinter already strained relations between the two superpowers at a perilous moment for the global economy. Senior officials across multiple government agencies are expected to meet Thursday to begin mapping out a strategy for seeking retaliatory measures against China, as per reports. Officials in American intelligence agencies are also involved in the effort. President Trump has fumed to aides and others in recent days about China, blaming the country for withholding information about the virus, and has discussed enacting dramatic measures that would probably lead to retaliation by Beijing.




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Japan Market closed for a national holiday

Asian stock markets fell sharply on Monday, 04 May 2020, as risk sentiment turned sour on reigniting tensions between the world's top two economies after U.S. officials tried to pin blame for the coronavirus pandemic on China.




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China Market closed for Golden Week national holiday

Asian stock markets fell sharply on Monday, 04 May 2020, as risk sentiment turned sour on reigniting tensions between the world's top two economies after U.S. officials tried to pin blame for the coronavirus pandemic on China.




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US: Market extends gain on economy reopening hopes

U.S. stocks eked out a second consecutive day of gains as investors weighed a cloudy picture of the economy against U.S. businesses starting to slowly reopen after a period of stultifying coronavirus lockdowns.




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Japan Market closed for a national holiday

Asian stock markets advanced on Wednesday, 06 May 2020, as investors risk sentiments buoyed on tracking positive cues overnight from Wall Street after reports of easing of coronavirus lockdown restrictions in Europe and the U.S. Stocks also saw a modest boost from a rebound in oil prices.




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Japan Stocks end mostly lower amid continued coronavirus concern

Total 21 issues of 33 industry category of Topix index were in negative territory, with Air Transportation, Insurance, Land Transportation, Iron & Steel, Nonferrous Metals, and Oil & Coal Products issues being notable losers, while Other Products, Electric Appliances, Metal Products, Construction, and Pharmaceutical issues were notable gainers.




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Japan Stocks surge on easing coronavirus pandemic fears

Total 32 issues of 33 industry category of Topix index were in positive territory, with Iron & Steel, Nonferrous Metals, Marine Transportation, Land Transportation, Wholesale Trade, Real Estate, and Securities & Commodities Futures issues being notable gainers.




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Australia Market rises on ending coronavirus restrictions hopes

The Australian share market got a boost on hopes for an economic recovery at home after the government unveiled plans to end most coronavirus restrictions by July. Prime Minister Scott Morrison's announced a plan to ease social distancing restrictions in a three-step process, which would remove all curbs by July and get nearly 1 million people back to work amid a decline in coronavirus cases.




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China Stocks rise on US-China trade talks

The gains in Mainland China share market were driven by reports that top US and Chinese trade representatives discussed their Phase 1 trade deal earlier in the day, with China saying it would work with Washington to improve the atmosphere for implementing the Phase 1 trade deal signed this year. The officials also agreed to "strengthen cooperation on macro economy and public health."




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Hong Kong Market climbs 1%

The gains in Hong Kong share market were driven by reports that top US and Chinese trade representatives discussed their Phase 1 trade deal earlier in the day, with China saying it would work with Washington to improve the atmosphere for implementing the Phase 1 trade deal signed this year. The officials also agreed to "strengthen cooperation on macro economy and public health."




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Economic Survey has estimated 2019-20 GDP growth at 7%, say TV reports

General fiscal deficit in FY19 expected to be 5.8 per cent of GDP, compared with 6.4 per cent the previous year




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IRCTC IPO to open on September 30

Price band is Rs 315-320 per share




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IRCTC IPO opens on 30 Sept

Price band fixed at Rs 315 to Rs 320 per share.




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Vishwaraj Sugar Industries IPO opens on 30 Sept

Price band fixed at Rs 55 to Rs 60 per share




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IRCTC IPO ends with bumper subscription

Receives bids for 225.69 crore shares




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CSB Bank IPO fully subscribed on day 1

Receives bids for 1.20 crore shares




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CSB Bank IPO ends with robust subscription

Receives bids for 100.44 crore shares




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Ujjivan Small Finance Bank IPO fully subscribed on day 1

Receives bids for 20.14 crore shares




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Ujjivan Small Finance Bank IPO gets strong demand

Receives bids for 2053.80 crore shares




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SBI Cards IPO begins on strong note

Receives bids for 92,03,980 lakh shares by 11:45 IST




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Antony Waste Handling Cell IPO subscribed 9%

Receives bids for 4.29 lakh shares




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Antony Waste Handling Cell IPO subscribed 13%

Receives bids for 6.45 lakh shares




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Antony Waste Handling Cell IPO subscribed 50%

Receives bids for 24.08 lakh shares




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Antony Waste Handling Cell IPO extends IPO, revises price band

Gets bids for 24.08 lakh shares by 17:00 IST on 9 March 2020




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Antony Waste Handling Cell IPO subscribed 50%

Gets bids for 24.09 lakh shares by 17:00 IST on 11 March 2020




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Antony Waste Handling Cell IPO withdrawn

Antony Waste Handling Cell has decided to withdraw its initial public offering (IPO) on Monday, 16 March 2020, as it failed to secure enough subscription.




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Why Some Cicadas Have Reason to Brood: Potential Extinction

​Periodical cicadas live underground for 13 or 17 years before emerging to mate, lay eggs and die off, and today, there are 15 known broods in the U.S. There used to be 16 and the current number may dwindle if the teetering Brood VII goes extinct.




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Economists’ Enemy: Residual Seasonality

When seasonally adjusted numbers continue to exhibit the influences of seasonal effects, much as first-quarter readings on gross domestic product have regularly been doing, statisticians refer to it as residual seasonality. And that effect hampers seasoned economists from making clear-eyed judgments on the strength of the economy.




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Retirement Calculators, Assumptions and Statistical Methods

Retirement calculators employ different assumptions to help users predict whether their rate of savings will support their current lifestyle after they quit work.




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Dip in inflows not a concern: Leo Puri

Mutual fund CEOs highlight the lack of level playing field vis-a-vis other asset classes while adding that technology will improve penetration and bring in efficiencies




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Duration play

A timely call on a steady decline in interest rates helped HDFC Mutual Fund's Anil Bamboli reap the gains




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A More Personal Synthetic Voice for Those Who Can't Speak

A wave of new technologies is giving people like Max Plansky, who are unable to speak due to a debilitating condition, a more personal synthetic voice. Photo/Video: Denise Blostein/The Wall Street Journal




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Should Homeowners Ban Drones Over Their Property?

The increased use of personal and commercial drones is raising questions about where they should be permitted to fly, and who should make that decision. The FAA estimates drone sales will reach 7 million by 2020. Photo: John Weber for The Wall Street Journal




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On-Site Child Care: It's Paying Off at Clif Bar

Clif Bar & Co. is among only 5% of U.S. employers that offer a child care center on-site or near its offices. Kate Torgersen, an 18-year employee, explains how bringing her three children to the company's "Base Camp" child care center has benefited her as a working mother. Photo: Tim Hussin for The Wall Street Journal




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How Confidential Documents Get Stored at the White House

The transcript of President Trump's call with Ukraine shed light on a method for classifying documents that's even more top secret than top secret. WSJ spoke to a former National Security Council official to understand the intricacies of the White House server security system.




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Women Hit Obstacles on the Way to the First Promotion

Men outnumber women nearly 2 to 1 on the first move up the management ladder. WSJ’s Vanessa Fuhrmans explains how this can hurt women right out of the gate.




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Why Women Don’t Get the Feedback They Need

Research shows that getting ahead requires constructive criticism. But many women don’t get those frank assessments.




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Will ensure patents are given within 18 months of application: Amitabh Kant

At the Make in India event, the DIPP secretary said some of this work will be outsourced to the IITs




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GSK Pharma plans Rs 500-cr expansion of its Nashik unit

This investment is in addition to Rs 1,000 crore investment for a greenfield plant in Bengluru announced last year




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Pepsi, Monsanto to set up units in Maharashtra

Soft drink maker to put in Rs 500 cr to set up juice factory; Monsanto identifies Buldhana district for a seed plant




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IRB Infra to sign concession agreement on Zozila pass by March

The scope of the project includes constructing approaches on NH-1 (Srinagar-Sonmarg-Gumri Road) on design, build, finance, operate and transfer (annuity) basis




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Govt to bring in law for construction vehicles industry

Motor Vehicles Act does not adequately address concerns of construction, mining and earth moving equipment makers




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Modi's $222-billion Make in India haul masks challenges to come

Right now, the campaign launched in 2014 is best known for its logo - a lion made of cogs - that has shown up on billboards from Hanover to San Francisco




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Foxconn delay leaves Maharashtra jittery

State worried over the delay as despite marathon meetings, several visits, the company is still conducting due diligence on various sites




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Make in India only a first step, say CEOs

Laud the central government for pro-active steps