Dollar starts 2018 in doldrums, European stocks groggy
LONDON (Reuters) – The ailing dollar fell to its lowest in over three months on Tuesday, while surprisingly upbeat Chinese manufacturing data ensured there was no serious new year hangover for world shares despite a groggy start for Europe.
Oil posts strongest year opening since 2014 as Iran unrest pushes up crude
SINGAPORE (Reuters) – Oil prices posted their strongest opening to a year since 2014 on Tuesday, with crude rising to mid-2015 highs amid large anti-government rallies in Iran and ongoing supply cuts led by OPEC and Russia.
BP expects U.S. earnings uplift from tax reform
(Reuters) – British energy company BP expects a positive impact on future post-tax earnings from the United States after the changes to U.S. corporate taxes, it said on Tuesday.
LeEco founder defies China return order, stays in U.S. for car fundraising
SHANGHAI (Reuters) – The founder of debt-laden tech conglomerate LeEco has defied orders from Chinese regulators to return to the country before the end of 2017, saying he needed to stay in the United States as a fundraising for his electric car busine…
Hyundai Motor, Kia Motors flag slow sales recovery in 2018
SEOUL (Reuters) – South Korea’s Hyundai Motor and Kia Motors on Tuesday flagged 4 percent sales growth in 2018, suggesting a slow recovery from a slump linked to their lack of SUVs in the United States and diplomatic tensions with China.
Asia shares scale decade top on China optimism, dollar in doldrums
SYDNEY (Reuters) – Asian shares scaled a decade peak on Tuesday after a survey of Chinese manufacturing proved surprisingly upbeat, while the euro lurked within striking distance of its 2017 top against an ailing U.S. dollar.
Oil posts strongest year opening since 2014; Iran unrest pushes up crude
SINGAPORE (Reuters) – Oil prices posted their strongest opening to a year since 2014 on Tuesday, with crude rising to mid-2015 highs amid large anti-government rallies in Iran and ongoing supply cuts led by OPEC and Russia.
Hyundai Motor, Kia Motors flag slow sales growth in 2018
SEOUL (Reuters) – South Korea’s Hyundai Motor and Kia Motors on Tuesday flagged only modest sales growth in 2018, suggesting a slow recovery from a slump linked to their lack of SUVs in the United States and diplomatic tensions with China.
Oil rises to mid-2015 high in strongest year opening since 2014
SINGAPORE (Reuters) – Oil prices had their highest January opening since 2014 on Tuesday, with Brent and WTI crude prices rising to mid-2015 highs, supported by ongoing supply cuts led by OPEC and Russia as well as strong demand.
Asia shares reach decade top on China data, dollar in doldrums
SYDNEY (Reuters) – Asian shares scaled a decade peak on Tuesday after a survey of Chinese manufacturing proved surprisingly upbeat, while the euro lurked within striking distance of its 2017 top against an ailing U.S. dollar.
