Business & Finance News
Asian stocks slipped on Wednesday as intensifying concerns about global economic growth gripped financial markets, sending Wall Street shares tumbling and driving the safe haven dollar up from a two-week low.
Tokyo District Court has decided that Nissan Motor Chairman Carlos Ghosn and Representative Director Greg Kelly will be detained for 10 days, Kyodo News reported on Wednesday.
Oil bounced by around $1 a barrel on Wednesday to claw back some of the previous day’s 6 percent plunge, lifted by a report of an unexpected decline in U.S. commercial crude inventories and record Indian crude imports.
Japan said on Wednesday it is ready to work for the stability of the Nissan-Renault global alliance following the stunning arrest of common Chairman Carlos Ghosn, as the Asahi newspaper reported prosecutors are weighing bringing a case against the Japanese automaker.
Oil prices on Wednesday recovered some of the previous day’s over 6 percent plunge, lifted by a report of an unexpected decline in U.S. commercial crude inventories as well as record Indian crude imports.
Asian stocks slid on Wednesday as intensifying concerns about global economic growth gripped financial markets, sending Wall Street shares and crude oil prices tumbling and driving the safe haven dollar up from a two-week low.
Tencent Music Entertainment (TME) – China’s answer to Spotify – is facing crunch time on its hotly anticipated U.S. $2 billion mega IPO this year.
Oil prices on Wednesday clawed back some of the previous day’s more than 6 percent plunge, lifted by a report of an unexpected decline in U.S. commercial crude inventories as well as record Indian crude imports.
Oil prices on Wednesday clawed back some of the previous day’s more than 6 percent fall, supported by a report of an unexpected drop in U.S. commercial crude inventories as well as record Indian crude imports.
Japanese prosecutors are considering bringing a case against Nissan Motor Co after Chairman Carlos Ghosn’s arrest on suspicion of financial misconduct, the Asahi Shimbun daily said on Wednesday.
Singapore authorities are investigating Noble Group Ltd for suspected false and misleading statements, just days before the Singapore-listed company was to complete its $3.5 billion debt restructuring deal to prevent its collapse.
Investors who bought insurance meant to mitigate losses from Sears Holdings Corp’s bankruptcy proceedings are claiming that a hedge fund that sold the insurance is improperly influencing market proceedings, according to a letter seen by Reuters.
U.S. space agency NASA said on Tuesday it would review the workplace safety culture at SpaceX and Boeing Co , as the two companies gear up to fly astronauts to the International Space Station.
U.S. oil prices stabilized on Wednesday after slumping more than 6 percent the previous day, with some support coming from a report of an unexpected drop in U.S. commercial crude inventories.
Asian stocks fell on Wednesday, weighed by a renewed bout of selling on Wall Street, and crude oil struggled after a sharp slide as economic growth concerns gripped global markets.
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