Oil dips as U.S. grants Iran sanctions waivers; Tehran defiant
Oil prices slipped on Monday as the start of U.S. sanctions against Iran’s fuel exports was softened by waivers allowing major buyers to still import Iranian crude, while Tehran said it would ignore Washington and continue to sell.
Softbank’s Son says to carry out responsibility to Saudi people
SoftBank Group Corp CEO Masayoshi Son condemned the killing of a journalist by Saudi security forces, but defended the firm’s financial ties with Saudi Arabia, saying SoftBank will continue carrying out its responsibility to that country’s citizens.
Underwriter Hiscox reports higher gross written premiums
Lloyd’s of London underwriter Hiscox Ltd on Monday reported a 14.3 percent rise in gross written premiums for the first nine months of the year, but warned that growth could moderate over the balance of the year.
Asian shares sell off as risk sentiment sours, pound pares gains
Asian stocks skidded on Monday as fears of faster rate hikes in the United States and uncertainty around the Sino-U.S. trade war deterred investment in riskier assets, while sterling briefly jumped to a two-week high on hopes of an orderly Brexit.
Rouhani says Iran to sell oil, break U.S. sanctions: TV
Iran will sell its oil and break sanctions reimposed by the United States on its vital energy and banking sectors, Iranian President Hassan Rouhani told economists at a meeting broadcast live on state television on Monday.
Buy, sell or hold: Ten ways to trade the U.S. election
Buy the dollar but sell FAANGs, buy real estate and machinery, but sell the overall market. Or, do nothing at all.
Subaru to slash guidance, cut output after finding more cheating: Nikkei
Subaru Corp will reduce output at its main factory in Japan after finding new cases of inspection cheating and will slash its annual profit forecast by a quarter to 220 billion yen ($1.94 billion), the Nikkei business daily reported on Monday.
U.S. ratchets up pressure on Iran with resumption of sanctions
The United States reimposes oil and financial sanctions against Iran on Monday, significantly turning up the pressure on Tehran in order to curb its missile and nuclear programs and counter its growing military and political influence in the Middle Eas…
Asian shares sink as risk sentiment sours, pound hits 2-week top
Asian stocks sank on Monday as fears of faster rate hikes in the United States and uncertainty around the Sino-U.S. trade war deterred investment in riskier assets, while sterling jumped to a two-week high on hopes of an orderly Brexit.
SoftBank’s Saudi ties in focus as CEO Son makes first appearance since journalist murder
Japan’s SoftBank Group Corp CEO Masayoshi Son will face questions shortly on Monday about his company’s dependence on Saudi Arabia, in his first public appearance since the murder of a journalist by Saudi security forces sparked global outrage.
