Oil prices dipped on Monday amid cautious sentiment as a plunge in financial markets last week and dollar strength early this week underscored concerns that growth may be slowing, especially in Asia’s emerging economies.
Worries about China’s slowing economy spread across Asian markets on Monday with U.S. stock futures turning down and Chinese shares in the red as concerns about U.S. corporate earnings and global growth continued to hit sentiment.
The Bank of Japan is considering tweaking its bond buying operations to allow the government debt market to better reflect fundamentals, people familiar with the matter said, following years of heavy central bank buying in the sector.
Asian shares barely managed to hold firm on Monday after a tumultuous week for global equities, with U.S. stock futures turning down and Chinese markets deep in the red on fresh signs of cooling in the world’s second-biggest economy.
Shortly after U.S. President Donald Trump announced in May he would reimpose sanctions on Iran, the State Department began telling countries around the world the clock was ticking for them to cut oil purchases from the Islamic Republic to zero.
Fiat Chrysler Automobiles NV’s new CEO is tired of being No. 3 in U.S. pickup truck sales.
Oil prices dipped on Monday as sentiment remained cautious after a plunge in financial markets last week triggered worries that global growth may be slowing.
Asian shares barely managed to hold firm on Monday after a tumultuous week for global equities, with U.S. stock futures turning down and Chinese markets deep in the red on fresh signs of cooling in the world’s second-biggest economy.
Oil prices were stable on Monday, supported by a bounce in Asian stocks, but analysts said sentiment remained cautious after a plunge in financial markets last week triggered worries that global growth may be slowing.
Asian shares bounced from last week’s steep declines on Monday, though sentiment remained fragile amid heightened worries about corporate earnings and a slowdown in global economic growth.
Oil prices held steady on Monday, supported by an early bounce in Asian stocks, but analysts said sentiment remains cautious after a plunge across financial markets last week triggered worries that global growth may be slowing.
Asian shares look set for a modest bounce on Monday, though sentiment remains fragile as bears are on the ascendancy after steep declines across world financial markets last week on heightened worries over corporate earnings and global growth.
U.S. equity index futures were little changed at the start of weekly trading on Sunday, leaving it unclear whether Wall Street would rebound from last week’s steep sell-off or extend the slide.
IBM Corp said on Sunday it had agreed to acquire U.S. software company Red Hat Inc for $34 billion, including debt, as it seeks to diversify its technology hardware and consulting business into higher-margin products and services.
IBM Corp is nearing an agreement to acquire software company Red Hat Inc in a deal that could exceed $30 billion and help diversify its business away from technology hardware and consulting, people familiar with the matter said on Sunday.
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