Asia stocks cheer trade truce, bonds retreat
Stocks rallied and bonds retreated in Asia on Monday as a thaw in the Sino-U.S. trade dispute tempered risks to the global economy, leading investors to pare wagers on aggressive policy easing by the major central banks.
Oil prices rise more than 1% after Russia agrees to extend OPEC+ deal
Oil prices rose more than $1 a barrel on Monday after Russia agreed with Saudi Arabia to extend supply cuts for another six to nine months ahead of an OPEC meeting this week.
From shrimp to fake eyelashes, social media sales soar in Facebook-friendly Thailand
The son of a Thai fisherman, Anurak Saruethai never really took to life at sea. But seafood has been good to him.
Fearing stock market rout, investors seek shelter in dependable dividends
Defensive equity strategies focused on high payouts and steady earnings have gained in popularity this year as investors flock to safety, worried the biggest stock market rally in decades is about to come crashing down.
Global stocks enjoy relief rally in Asia, bonds retreat
Stocks rallied while bonds retreated in Asia on Monday as a thaw in the Sino-U.S. trade dispute tempered risks to the global economy, leading investors to pare back wagers on aggressive policy easing by the major central banks.
Rio Tinto names Barbara Levi as group general counsel
Rio Tinto named Barbara Levi as its new general counsel and group executive on Monday, replacing Philip Richards.
U.S. stock futures jump after U.S. and China agree to resume trade talks
U.S. stock futures jumped more than one percent when trading resumed on Sunday, after the United States and China agreed on Saturday to restart stalled trade talks.
Italian report reveals basis for revoking Atlantia road concession: source
Italy’s ruling 5-Star party believes the government has a legal opinion that would justify terminating a national motorway concession that accounts for a third of core profits of infrastructure group Atlantia, a source said on Sunday.
Monte dei Paschi ends debt collection deal to sell 3 billion euros in bad loans
Monte dei Paschi di Siena said on Sunday it had been forced to end early a 10-year bad loan management contract so that it could have more freedom in selling off bad debts in a worsening economic environment.
OPEC set for oil cut extension if Iran endorses pact
OPEC and its allies look set to extend oil supply cuts next week at least until the end of 2019 as Iraq joined top producers Saudi Arabia and Russia on Sunday in endorsing a policy aimed at propping up the price of crude amid a weakening global economy…