Stocks dip as tariff deadline approaches
Global stock markets fell for a second day on Tuesday, as caution over a Dec. 15 deadline for the next round of U.S. tariffs on Chinese imports weakened risk appetite and limited outsized market moves.
Rolls-Royce says ValueAct executive leaves board, shares fall
British engineering company Rolls-Royce said Bradley Singer, a representative of its largest shareholder the activist investor ValueAct Capital, has resigned from its board, weakening the stock.
France fines Morgan Stanley $22 million for manipulating sovereign bonds
France’s markets watchdog AMF said on Tuesday it has fined U.S bank Morgan Stanley 20 million euros ($22 million) for manipulation of sovereign bonds.
Japan’s markets watchdog recommends $22 million fine for Nissan over Ghosn pay
Japan’s markets watchdog said on Tuesday it has recommended that Nissan Motor Co Ltd be fined about 2.4 billion yen ($22 million) over the underreporting of former chairman Carlos Ghosn’s compensation.
Cboe Global to buy equities clearing house EuroCCP
Cboe Global Markets has agreed to buy EuroCCP, giving the exchange operator full control over the equity clearing house.
Rolls-Royce says ValueAct executive leaves board
British engineering company Rolls-Royce said Bradley Singer, a representative of its largest shareholder the activist investor ValueAct Capital, has resigned from its board.
Oil prices drop as fears over trade war, weaker demand return to haunt market
Oil prices slipped on Tuesday for a second straight session as the cons of a slowing global demand outlook outweighed the pros of OPEC’s agreement with associated producers at the end of last week to deepen crude output cuts in early 2020.
Explainer: Malaysia’s mega 1MDB scandal that has scalded Goldman Sachs
Malaysian Prime Minister Mahathir Mohamad has vowed to bring back billions of dollars allegedly stolen from state fund 1Malaysia Development Bhd (1MDB), co-founded by his predecessor Najib Razak.
Asian shares edge down as tariff deadline hems bets
Asian equity markets eased slightly on Tuesday, tracking Wall Street declines as investors fretted over a Dec. 15 deadline for the next round of U.S. tariffs on Chinese imports to take effect.
Saudi Aramco will exercise 15% greenshoe option in whole or part during first 30 days of trading: statement
Saudi Aramco will exercise its 15% greenshoe option in whole or part during the first 30 days of its trading period, its lead managers said.
