Oil prices steady as investors weigh demand concerns
Oil prices largely held steady on Monday, recouping some early losses as investors took stock of global economic pressures that could impact oil demand.
Gojek CEO quits to join Indonesian cabinet, replacements named
Gojek CEO and co-founder Nadiem Makarim said on Monday he had resigned to join Indonesia’s new cabinet, and the ride-hailing and payments company said two senior executives would jointly take over running operations of the $10 billion firm.
Qantas, Virgin Australia get slots at Tokyo’s Haneda airport
Qantas Airways and Virgin Australia Holdings Ltd were awarded one slot each to operate flights at Tokyo’s Haneda Airport, according to a draft decision by Australia’s International Air Services Commission (IASC).
Asian shares tick up, pound skids on Brexit tumult
Asian stocks edged up on Monday as Chinese shares reversed early losses, supported by hopes for progress in resolving the U.S.-China trade war, while sterling slipped after the British parliament delayed a crucial vote on a Brexit withdrawal deal.
Oil prices dragged lower by sluggish demand, supply outlooks
Oil prices eased on Monday amid persistent concerns about the global economic outlook and the impact on oil demand, while Russia again missed its target to cut oil output last month.
Boeing expresses regret over ex-pilot’s 737 MAX messages, faults simulator
Boeing Co said on Sunday it understood the outcry over leaked messages from a former test pilot over erratic software behavior on its 737 MAX jet two years before recent crashes, and added it was still investigating what they meant.
Asian shares edge higher, pound stumbles on Brexit drama
Asian stocks edged higher on Monday as Chinese shares reversed early losses due to hopes for progress in resolving the U.S.-China trade war and expectations for greater investment inflows into Hong Kong.
Japan’s extended exports slump could push BOJ to ease next week
Japan’s exports contracted for a 10th straight month in September, adding to speculation the central bank could ease monetary policy as soon as next week to support an economy hit by a slowdown in global demand.
Oil prices dip on weak demand outlook, supply concerns
Oil prices eased on Monday amid persistent concerns about the global economic outlook and the impact on oil demand, while Russia again missed its target to cut oil output last month.
Japan’s September exports slip for 10th month, builds pressure on BOJ to ease next week
Japan’s exports contracted for a 10th straight month in September, raising speculation the central bank could ease monetary policy as soon as next week to counter heightening overseas risks and a slowdown in demand.
