TOKYO (Reuters) – Japan’s Mitsubishi Materials Corp on Monday announced a top management reshuffle after the maker of metals and other products for the first time explicitly accepted responsibility over a data tampering scandal dating back to last year.
HONG KONG (Reuters) – Chinese smartphone maker Xiaomi recorded a first-quarter net loss of 7 billion yuan ($1.09 billion) ahead of its blockbuster initial public offering, according to a filing.
TOKYO (Reuters) – Asia stocks shook off initial modest losses and edged up on Monday ahead of an historic U.S.-North Korea summit that investors hope might pave the way to ending a nuclear stand-off on the Korean peninsula.
Foxconn Technology Group says it is investigating a factory it operates that …read more […]
SINGAPORE (Reuters) – Oil prices fell on Monday, pulled down by rising Russian production and U.S. drilling activity creeping to its highest in more than three years.
SINGAPORE (Reuters) – U.S. President Donald Trump fired off a volley of tweets on Monday venting anger on NATO allies, the European Union and Canadian Prime Minister Justin Trudeau in the wake of a divisive G7 meeting over the weekend.
Jun.10 — Asia’s bond bankers started the year expecting record business to keep booming. Six months in, a confluence of factors is forcing them to dial back those projections. Bloomberg’s Carrie Hong reports on “Bloomberg Markets: Asia.” …read more […]
TOKYO (Reuters) – Asia stocks shook off initial modest losses and edged up on Monday ahead of a U.S.-North Korea summit that might ease regional tensions, while investors also started to focus on key central bank meetings later this week.
SINGAPORE (Reuters) – Oil prices were mixed on Monday, caught between the downward pull of rising Russian production and U.S. oil drilling activity at its highest since 2015, and upward pressure from strong demand, especially in Asia.
Oil prices were mixed on Monday, caught between the downward pull of rising Russian production and U.S. oil drilling activity at its highest since 2015, and upward pressure from strong demand, especially in Asia. Brent crude futures , the international benchmark for oil prices, were at $76.50 per barrel at 0215 GMT, up 4 cents from their last close. …read more […]
QUEBEC CITY, Quebec (Reuters) – The United States and Canada swung sharply on Sunday toward a diplomatic and trade crisis as top White House advisers lashed out at Canadian Prime Minister Justin Trudeau a day after U.S. President Trump called him “very dishonest and weak.”
Jun.10 — Andrei Lankov, history professor at Kookmin University, discusses the historic summit between President Trump and North Korean leader Kim Jong-un. He speaks on “Bloomberg Markets: Asia.” …read more […]
Jun.10 — Choi Kang, vice president for research and a principal fellow at the Asan Institute for Policy Studies, and John Park, director of the Korea Working Group at Harvard University’s John F. Kennedy School of Government, talk about the upcoming meeting between President Donald Trump and North Korean leader Kim Jong Un. They speak with Yvonne Man and Ramy Inocencio on “Bloomberg Daybreak: Australia.” …read more […]
NEW YORK (Reuters) – Southwest Airlines Co shares could be poised to climb sharply after a series of setbacks hit the stock harder than that of other major airlines this year, Barron’s reports.
Southwest Airlines Co shares could be poised to climb sharply after a series of setbacks hit the stock harder than that of other major airlines this year, Barron’s reports. Fewer people are now booking on the Dallas-based carrier, a slowdown Southwest said stemmed mainly from its own reduction in advertising after the tragedy, the first U.S. airline death since 2009, Barron’s said. Rising fuel prices and planned expansion by some rivals that could mean more competition have stoked fears about the sector, helping sending Southwest stock down 24 percent this year, the paper reported. …read more […]
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
