Oil recovers from two-week low; U.S.-China trade war caps gains
Oil prices edged higher on Monday, rebounding from a two-week low in the previous session, although gains were checked by concerns about the outlook for the global economy.
Snapback to higher bond yields? At least five years, strategists say
A return to significantly higher yields will take longer than previously thought, according to a Reuters poll of fixed-income strategists who slashed their year-ahead major government bond yield forecasts to the lowest since polling began 17 years ago….
Exclusive: Nasdaq cracks down on IPOs of small Chinese companies
Nasdaq Inc is cracking down on initial public offerings (IPOs) of small Chinese companies by tightening restrictions and slowing down their approval, according to regulatory filings, corporate executives and investment bankers.
Vape product concerns weigh on Canadian cannabis companies looking for sales boost
A U.S. recommendation that consumers avoid vaping products containing the active ingredient in marijuana ahead of their legalization in Canada next month could be a blow to Canadian cannabis companies’ hopes that the higher-margin products will help pr…
Boeing omitted safeguards on 737 MAX that were used on military jet: WSJ
Boeing Co engineers working on the 737 MAX passenger plane’s flight-control system omitted safeguards included in an earlier version of the system used on a military tanker jet, The Wall Street Journal reported on Sunday, citing people familiar with t…
China urges ‘calm and rational’ resolution to U.S.-Sino trade war
China hopes Beijing and Washington will resolve their trade dispute “with a calm and rational attitude”, Vice Commerce Minister Wang Shouwen said on Sunday, ahead of talks in two weeks between the two sides.
China says companies facing many difficulties due to trade frictions
Chinese companies are facing many difficulties due to trade frictions, Commerce Minister Zhong Shan said on Sunday.
China says will open more sectors of economy to foreign investors
China will open up more sectors of the economy to foreign investors, and its policy of protecting foreign companies’ rights in the country will not change, Vice Commerce Minister Wang Shouwen said on Sunday.
Hong Kong’s sky-high property prices prove resilient in face of protests
While months of Hong Kong protests have scared away tourists, sent jitters across the financial centre and cast a dark cloud over the local economy, there’s one thing residents of the city are confident they can bank on – sky-high property prices.
U.S. Treasury says no plans to block Chinese listings ‘at this time’: Bloomberg
The United States does not currently plan to stop Chinese companies from listing on U.S. exchanges, Bloomberg reported on Saturday, citing a U.S. Treasury official.
