Axalta Coating To Acquire CoverFlexx Group For $285 Mln Plus Potential $10 Mln Earnout

Asian Shares End Lower As Investors Await Inflation Data

Asian stocks fluctuated before closing lower on Tuesday as investors remained focused on upcoming U.S. and European inflation data for additional clues on the path of interest rates.

RTTNews | 4h 15min ago

Crecelac And Farmalac Infant Formula Recalled

Prosper, Texas-based Dairy Manufacturers Inc. has recalled all lot codes for infant formulas available under Crecelac and Farmalac brands as they were sold in the U.S. without complying with the infant formula regulations of the U.S. Food and Drug Administration.

RTTNews | 5h 52min ago

Antipodean Currencies Rise Amid Risk Appetite

Antipodean currencies such as the Australia and the New Zealand dollars strengthened against their major currencies in the Asian session on Tuesday amid risk appetite, following the broadly positive cues from the European markets overnight, as traders remain cautious ahead of key inflation readings from the U.S., Europe, Japan and Australia later in the week, which could help traders access the timing and pace of interest rate cuts this year.

RTTNews | 5h 53min ago

U.S. Dollar Falls Against Majors

The U.S. dollar weakened against other major currencies in the Asian session Tuesday.

RTTNews | 6h 15min ago

Australia Retail Sales Rise Less Than Expected

Australia's retail sales grew less than expected in April as consumers reduced their discretionary spending, flash data from the Australian Bureau of Statistics showed on Tuesday. Retail turnover edged up 0.1 percent on a monthly basis, reversing a 0.4 percent fall in March. But the pace of growth was weaker than economists' forecast of 0.3 percent increase.

RTTNews | 6h 20min ago

NZ Dollar Advances Against Majors

The New Zealand dollar strengthened against other major currencies in the Asian session on Tuesday.

RTTNews | 6h 43min ago

European Economic News Preview: Germany Wholesale Price Data Due

Wholesale price data from Germany is the only major report due on Tuesday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is scheduled to issue Germany's wholesale prices for April. Economists forecast wholesale prices to rise 0.1 percent on month, in contrast to the 0.2 percent rise in March.

RTTNews | 6h 55min ago

Australian Dollar Rises Against Majors

The Australian dollar strengthened against other major currencies in the Asian session on Tuesday.

RTTNews | 6h 56min ago

EURUSD	1.08693	GBPUSD	1.27667	AUDUSD	0.66574
USDJPY	156.879	USDCAD	1.36297	USDCHF	0.91184