Oil drops on weak corporate data out of China
Oil prices fell on Monday after strong gains last week, as data released in China reinforced signs that its economy is slowing, though progress in China-U.S. trade talks has supported prices.
Asian shares climb to three-month high, currencies mark time
Asian shares rose to a three-month high on Monday, as risk assets got a fillip from hopes of a trade deal and strong U.S. corporate earnings, while major currencies marked time as focus shifted to a Federal Reserve rate decision.
Asian shares climb to 3-month high, currencies mark time
Asian shares rose to a three-month high on Monday, as risk assets got a fillip from hopes of a trade deal and strong U.S. corporate earnings, while major currencies marked time as focus shifted to a Federal Reserve rate decision.
Exclusive: Thai Siam Cement’s packaging unit set for $1 billion IPO – sources
Thailand’s Siam Cement Pcl’s (SCG) packaging subsidiary is planning a local listing, in a float that is set to raise about $1 billion, two sources with knowledge of the matter said.
Small oil-and-gas companies get cold shoulder from large banks
The largest banking lenders to the oil and gas sector are becoming more cautious, marking down their expectations for oil and gas prices that underpin loans in a move expected to put further financial stress on struggling producers, industry and bankin…
Oil drops after data shows industrial profits decline in China
After strong gains last week, oil prices were slightly lower on Monday as data released in China reinforced signs that its economy is slowing, though progress in China-U.S. trade talks has supported prices.
Asian shares rise to three-month highs, dollar waits for Fed
Asian shares extended gains on Monday to hit a three-month high as risk assets got a fillip from hopes of a U.S.-China trade deal as soon as next month while the dollar marked time as focus shifts to a U.S. rate decision.
Oil holds steady as Russia reaffirms commitment to output cuts
Oil prices were steady on Monday, holding on to strong gains last week, after Russia affirmed its commitment to a deal with OPEC producers to keep production in check and support prices.
Asian shares edge up to three-month high, dollar marks time before Fed
Asian shares rose on Monday to a three-month high as risk assets got a fillip from hopes of a U.S.-China trade deal as soon as next month while the dollar marked time as focus shifts to a U.S. rate decision.
Prologis to buy warehouse rival Liberty in $12.6 billion deal
Warehouse giant Prologis Inc said on Sunday it had agreed to acquire rival industrial real-estate business Liberty Property Trust in a $12.6 billion deal to improve its U.S. presence amid the ecommerce boom.
