Business News

Asia shares hobbled by trade fears, oil extends gains

MSCI's broadest index of Asia-Pacific shares outside Japan lost another 0.3 percent after touching a two-year trough on Tuesday.

Jun 27, 2018

By Reuters

Global Markets: Trade worries hit world stocks, oil gives back gains

The Wall Street Journal said U.S. President Donald Trump planned to bar many Chinese companies from investing in U.S. technology firms and block additional technology exports to China.

Jun 25, 2018

By Reuters

Xiaomi puts indefinite delay on CDRs in blow to China's plans for tech listings

Xiaomi had been expected to raise up to $10 billion, split between its Hong Kong and mainland offerings.

Jun 23, 2018

By Reuters

Toyota, pressed to innovate, is cutting marketing costs to fuel research

One of the company's first moves was to cancel contracts with the China unit of its long-term communication and advertising agency.

Jun 21, 2018

By Reuters

Asian stocks pick up steam as hopes of policy support lift China

In Asia, bargain hunters turned out to pick up shares on the cheap after the previous day's rout.

Jun 20, 2018

By Reuters

China state media condemn US tariffs, leave room for negotiation

China said it would impose additional 25 percent tariffs on 659 U.S. goods worth $50 billion, in response to the U.S. imposition of tariffs.

Jun 16, 2018

By Reuters

Workers from ScanDrill Ltd clamp together pieces of pipe while drilling an oil well for Jagged Peak Energy Inc near Fort Stockton, Texas.

Oil falls on lower China refining activity, fresh U.S. crude output record

Brent crude futures were at $76.55 per barrel at 0445 GMT, down 19 cents, or 0.25 percent, from their last close.

Jun 14, 2018

By Reuters

Asian stocks step back as investors brace for Fed

Trade frictions between the United States and China are also back on radar ahead of Friday, June 8.

Jun 13, 2018

By Reuters

Asia stocks shake off G7 jolt, look to U.S.-North Korea summit outcome

US President Donald Trump and North Korean leader Kim Jong Un will have an unprecedented meeting on Tuesday in Singapore,

Jun 11, 2018

By Reuters

US, EU take small step on trade, but no breakthrough at G7 summit

Donald Trump struck a more affable tone after a meeting with French President Emmanuel Macron, saying the French leader was helping work out trade issues.

Jun 9, 2018

By Reuters

Illustration photo of U.S. Dollar and China Yuan notes

China says it does not want US trade frictions to escalate

DonaldTrump has threatened tariffs on up to $150 billion of Chinese exports as part of a separate dispute over Chinese intellectual property (IP) protections.

Jun 7, 2018

By Reuters

The Birth of the Second Generation Union

The financial services market is expected to invest close to €1.2 billion (roughly $1.4 billion) by 2021 to implement blockchain technology for cross-sector remittance and payments.

Jun 4, 2018

By Staff Reporter