The US mortgage applications dropped from the highest level in 11 months last week, as home borrowing costs rose amid encouraging domestic economic reports, the MBA stated.
India was poised to increase the subsidies for the largest food welfare program 6.5% for the fiscal year starting on April 1, the smallest increase in three years, in the country's interim budget next month.
Euro zone consumer confidence increased in the months of January from a sharply revised December's number, the report published on Wednesday showed.
Geely's Volvo Cars announced on Wednesday it would voluntarily recall more than 200K vehicles, as the carmaker's engineers had found an issue, which could potentially lead to fuel leakage into the engine compartment.
On Wednesday, United Technologies, the US industrial conglomerate, reported a higher-than-expected Q4 profit, estimating the current year's earnings above forecasts, and sending its shares up 4.6% to $116.25 in the early trading.
On Wednesday, Singapore's GEAR stated it would seek a position in the board of the Australian Stanmore Coal, despite failing to win the A$240M takeover bid.
Green Growth Brands, the US cannabis retailer, claimed it would launch the second all-stock hostile takeover bid for the pot producer Aphria, valuing the Canadian firm at around C$2.35B.
On Wednesday, Heidelberger Druckmaschinen stated it had agreed to sell an 8.5% stake to China's Masterwork, following the cash capital increase scheduled for the on-going quarter.
The Chinese company Union Life Insurance will sell its 51% majority stake that could lure local or overseas bidders, which are seeking to tap into the rising demand for the insurance products in the country.
Vodafone and Telefonica's O2 have expanded their network sharing deal to include 5G, allowing them to speed up deployment of the mobile service at lower cost.
Apollo Global Management will acquire the plastic packaging products producer RPC Group in an all-cash deal worth $3.3B after months of discussions.
It has been revealed by UK's politicians that the Prime Minister of the United Kingdom could gain the needed support to get the Brexit deal approved at the Parliament, if she manages to achieve a change in the deal of a key provision that concerns Ireland.
On Wednesday, it was announced that Gazprom Neft are researching the possibility of producing liquefied natural gas in the Arctic.
On Wednesday, the Japanese firm ANA Holdings stated it had entered talks with PAL Holdings over making an investment into its subsidiary Philippine Airlines.
France's EDF, the state-owned power utility, has taken a 49% stake in the African firm Conergies Group for an amount it denied to disclose.
Shares in PG&E Corp soared as much as 16% on Tuesday, following its announcement about securing $5.5B in debtor-in-possession financing from a few banks, as the firm prepares for the Chapter 11 bankruptcy protection filing.
The US Federal Reserve launched an inquiry into Deutsche Bank's role in the Danske Bank's money laundering scandal, Bloomberg stated on Wednesday.
Johnson & Johnson is considering to acquire the surgical robotics company Auris Health for $2.0B, the valuation from the firm's latest round of funding, according to a Bloomberg report published on Wednesday.
According to the Pentagon, Lockheed Martin had won a $542M US defence contract for the spares and equipment for the F-35 aircraft.
According to the Pentagon, BAE Systems had won a $474M US defence contract for the maintenance and technical support for the M109 vehicle family.
Viacom, the Nickelodeon and MTV Networks owner, is set to acquire Pluto TV streaming service in an all-cash deal valuing the six-year-old company at $340M, Viacom announced on Tuesday.
During the Asian session of Wednesday stock prices traded sideways. Some financial outlets blamed a global growth slowdown and the US-Chinese trade relations. Currently these two factors are named when there are no clear explanations.
On Wednesday, Chinese officials announced that the government will increase fiscal spending in 2019 in an effort to boost the local economy. Main focus will be set on tax cuts.
During the Asian trading session on Wednesday the strength of the Japanese Yen decreased. Financial media attributed the drop to an increased risk appetite. Meanwhile, Dukascopy Analytics were expecting the surge for weeks.