Samsung Electronics third-quarter profit seen at record, but peaking, as chips shine
Samsung Electronics Co Ltd is set to post a hefty jump in third-quarter profit to record levels after its chip unit put in a sterling performance on demand from data centers and improved production yields.
Oil close to four-year high ahead of U.S. sanctions on Iran
Oil markets were strong again on Tuesday, with Brent crude holding above $85 and near four-year highs reached the previous day as markets prepare for tighter supply once U.S. sanctions against Iran kick in next month.
Mazda aims for all of its vehicles to be electric hybrid, EVs by 2030
Mazda Motor Corp said on Tuesday that all of the vehicles it produces by 2030 will incorporate electrification, while 5 percent of its cars will be all-battery electric vehicles (EVs).
Bill allowing U.S. to sue OPEC drawing renewed interest
With oil prices hitting fresh four-year highs, long-dormant proposals to allow the United States to sue OPEC nations are getting a fresh look in Congress, though they were once considered a longshot to becoming law.
Dollar slips vs yen as Canada trade deal’s boost to risk appetites fades
The dollar retained gains against a basket of currencies on Tuesday while slipping off a more than 10-month peak against the yen as the boost to risk appetites from the U.S.-Canada trade deal to replace the North American Free Trade Agreement faded.
Oil firm near four-year high as Washington’s Iran sanctions loom
Oil markets were firm on Tuesday, with Brent crude prices holding near four-year highs reached the previous day as markets adjust to the prospect of tighter supply once the U.S. sanctions against Iran kick in next month.
Asia stocks slip as NAFTA lift fades; oil near four-year highs
Asian stocks fell on Tuesday as the lift from an agreement that saved the North American free trade deal faded, with cautious views on the global economy curbing risk sentiment.
How Trump’s son-in-law helped a $1.2 trillion trade zone stay intact
Robert Lighthizer was the public face of arduous, year-long talks to rework NAFTA, but as he savored a successful conclusion in the White House Rose Garden on Monday, the U.S. trade representative singled out another man as the deal’s architect.
Dollar consolidates gains, yen weighed by appetite for risk after NAFTA deal
The yen traded near its lowest in more than 10 months against the dollar on Tuesday, weighed down by increased risk appetite after the United States and Canada reached a last-minute deal on Sunday to replace the North American Free Trade Agreement.
Brent oil prices near November 2014 highs ahead of U.S. sanctions against Iran
Oil prices edged up on Tuesday, holding near a four-year high reached the previous day as markets adjust to the prospect of tighter supply once the U.S. sanctions against Iran kick in next month.
