U.S.-China trade progress boosts futures at end of turbulent year
U.S. stock index futures jumped on Monday, boosted by signs of progress in the U.S.-China trade dispute and rising crude oil prices, setting up Wall Street to end its worst year in a decade on an upbeat note.
U.S. companies repatriate over half a trillion dollars in 2018, but pace slows
U.S. companies have sent home over half a trillion dollars of cash they held overseas in 2018 to take advantage of tax changes, but data suggest the pace is slowing, potentially removing a key source of support for Wall Street.
Brent crude rises over $1, but set for first yearly drop since 2015
Oil prices rose more than 2 percent on the final day of the year, mirroring gains in stock markets, but were on track for their first annual decline in three years as concerns of a persistent supply glut lingered.
Canada Goose’s first China store draws eager crowds despite diplomatic headwinds
Large crowds have been drawn to Canada Goose’s new outdoor wear store in downtown Beijing, its first in mainland China, since its opening on Friday, despite sub-zero temperatures and a chill in China’s relations with Canada.
Stocks pin hopes on U.S.-China trade talks after brutal year
World share and commodity prices rose on Monday as hints of progress on the U.S.-China trade standoff provided a glimmer of optimism in what has been a punishing 2018 for markets globally.
China factory activity shrinks for first time in over two years, 2019 looks tougher
China’s factory activity contracted for the first time in over two years in December, highlighting the challenges facing Beijing as it seeks to end a bruising trade war with Washington and reduce the risk of a sharper economic slowdown in 2019.
China’s services activity picks up in December: official PMI
Growth in China’s services industry picked up in December after a two-month slowdown, an official survey showed, offering some respite for the slowing economy though the outlook remains gloomy as domestic and external risks to growth rise.
Brent crude rises but set for first yearly drop since 2015
Oil prices rose more than 2 percent on the final day of the year, mirroring gains in stock markets, but were on track for their first annual decline in three years as concerns of a persistent supply glut lingered.
Tokyo court says extends detention of Nissan’s Ghosn until Jan 11
The Tokyo District Court said on Monday it has extended the detention of ousted Nissan Motor Co chairman Carlos Ghosn by 10 days until Jan. 11.
Stocks pin hopes on Sino-U.S. talk, as year ends deep in the red
Asian stocks rose on Monday as hints of progress on the Sino-U.S. trade standoff provided a rare glimmer of optimism in what has been a rough year-end for equities globally.
