SYDNEY (Reuters) – Asian share markets were burdened by fresh losses in China on Monday, while Mexico’s peso firmed as exit polls pointed to a decisive victory for presidential front-runner Andres Manuel Lopez Obrador’s party.
OSAKA (Reuters) – Japan’s Panasonic Corp would consider additional investment in Tesla Inc’s automotive battery plant in the U.S. state of Nevada if requested by the U.S. electric car manufacturer, an executive said on Monday.
SINGAPORE (Reuters) – Oil prices fell by more than 1 percent on Monday as supplies from top exporter Saudi Arabia rose and as signs of an economic slowdown in Asia dented the outlook for demand.
NEW YORK (Reuters) – KKR & Co transforms into a corporation on Sunday, a change that should help the U.S. private equity firm tap a new pool of investors for its stock.
Jul.01 — Tommy Xie, head of greater China research at OCBC, discusses China’s PMI data for June and his outlook for the economy. He speaks on “Bloomberg Markets: Asia.” …read more […]
SINGAPORE (Reuters) – Oil prices fell by more than one percent on Monday as investors eyed rising supplies in Saudi Arabia, while U.S. President Donald Trump kept up the pressure on the world’s top producer to make up for disruptions elsewhere.
The United States has a plan that would lead to the dismantling of North Korea’s nuclear weapons and ballistic missile programs in a year, President Donald Trump’s national security adviser said Sunday, although U.S. intelligence reported signs that Pyongyang doesn’t intend to fully give up its arsenal. John Bolton said top U.S. diplomat Mike Pompeo will be discussing that plan with North Korea in the near future. Bolton added that it would be to the North’s advantage to cooperate to see sanctions lifted quickly and aid from South Korea and Japan start to flow. …read more […]
Jul.01 — Juliana Roadley, market analyst at Commonwealth Securities, discusses her outlook for emerging markets and where she sees opportunity. She speaks on “Bloomberg Markets: Asia.” …read more […]
SYDNEY (Reuters) – Asian shares were subdued Monday ahead of a week packed with major economic events, while Mexico’s peso firmed as exit polls pointed to a decisive victory for presidential front-runner Andres Manuel Lopez Obrador’s party.
LeBron James is leaving home for Hollywood and an iconic team. The Los Angeles Lakers have a new superstar — L.A.-Bron. The four-time NBA MVP announced Sunday night that he has agreed to a four-year, $154 million contract with the Lakers, joining one of the league’s most storied franchises and switching conferences to try and dethrone the Golden State Warriors and grow his own legacy. …read more […]
TOKYO (Reuters) – Nissan Motor Co has canceled a potential $1 billion sale of its electric battery business to GSR Capital, citing a lack of funds with the Chinese investment firm to make the purchase.
BEIJING (Reuters) – China will significantly widen market access and oppose any kind of protectionism, Chinese Commerce Minister Zhong Shan said in an article published in the state-run People’s Daily on Monday.
SINGAPORE (Reuters) – Oil prices fell on Monday, with a Reuters survey showing Saudi Arabia has boosted supplies to a near-record 10.7 million barrels per day (bpd) in a sign the world’s top crude exporter wants to make up for disruptions elsewhere.
Oil prices fell on Monday, with a Reuters survey showing Saudi Arabia has boosted supplies to a near-record 10.7 million barrels per day (bpd) in a sign the world’s top crude exporter wants to make up for disruptions elsewhere. Brent crude oil futures were at $78.52 per barrel at 0058 GMT, down 71 cents, or 0.9 percent, from their last close. Saudi Arabia’s output is up 700,000 bpd from May, a Reuters survey found on Friday, and close to its 10.72 million bpd record from November 2016, more than making up for disruptions elsewhere within the Organization of …read more […]
BOSTON (Reuters) – Billionaire investor Daniel Loeb on Sunday stepped up pressure on food group Nestle SA , in a letter that urged its board to be “sharper,” “bolder” and “faster” in spinning off businesses and untangling its complex management structure.
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