Reuters

  • TBERLIN - The United States has warned German companies involved in the Russian-led Nord Stream 2 gas pipeline that they could face sanctions if they stick with the project. U.S. President Donald Trump has accused Germany of being a “captive” of Moscow because of its reliance on Russian ...

    Read More
  • T LONDON : Oil prices rose slightly on Friday, putting them on track for solid weekly gains after financial markets strengthened due to hopes the United States and China may soon resolve their trade dispute. Tightened supply following OPEC-led crude production cuts aided gains, along with positive ...

    Read More
  • TMELBOURNE - Novak Djokovic and Roger Federer loom over Melbourne Park for the year’s opening Grand Slam as favourites for the Australian Open as questions remain as to whether one of Generation Next could finally end their stranglehold. The Serbian world number one and his Swiss opponent ...

    Read More
  • TBEIJING - China has the “good faith” to work with the United States to resolve trade frictions, the Foreign Ministry said on Monday, as the world’s two largest economies resumed talks in a bid to end their trade dispute. U.S. officials are meeting their counterparts in Beijing ...

    Read More
  • TWASHINGTON/BEIJING - President Donald Trump on Friday downplayed a revenue warning from Apple Inc that cited slowing sales in China and said China’s weakening economic growth puts the United States in a strong position as negotiators from the world’s two largest economies prepare for ...

    Read More
  • TLONDON - All countries that were granted waivers from the United States to continue buying a certain amount of Iranian oil imports are complying with U.S. sanctions, a senior Iranian energy official said, noting that Tehran was hopeful to find new buyers. The United States withdrew from a nuclear ...

    Read More
  • TLONDON - Oil rose to around $57 a barrel on Friday after China said it would hold trade talks with the United States and a survey showed China’s services sector expanded in December, while signs of lower crude supply also lent support. The Organization of the Petroleum Exporting Countries cut ...

    Read More
  • TWASHINGTON - US employers hired the most workers in 10 months in December while boosting wages, which could help to allay a recent upsurge in fears about the economy’s health that has roiled financial markets. The upbeat employment report from the Labor Department on Friday stood in stark ...

    Read More
  • TCHICAGO  -   The U.S.-China trade war resulted in billions of dollars of losses for both sides in 2018, hitting industries including autos, technology - and above all, agriculture. Broad pain from trade tariffs outlined by several economists shows that, while specialized industries ...

    Read More
  • TTOKYO - Asian stock markets retreated again on Wednesday, extending a rout that began last week as U.S. political uncertainty exacerbated worries over slowing global economic growth. Investors were unnerved by the U.S. federal government partial shutdown and President Donald Trump’s hostile ...

    Read More
  • TTOKYO - Mitsubishi UFJ Financial Group (8306.T) is set to name Kanetsugu Mike, the head of its banking unit, as president, a source with direct knowledge of the matter said on Tuesday. Current President Nobuyuki Hirano will become chairman while Mike will also continue to serve as CEO of the ...

    Read More
  • TMILAN - Italy’s Banca Carige (CRGI.MI) has discussed with European Central Bank supervisors the rejection of a cash call needed to safeguard the troubled Italian lender’s future, a source familiar with the matter said on Monday. The fate of the Genoa-based bank is in question after its ...

    Read More
  • TLONDON - Euronext (ENX.PA) does not need to raise debt or capital and will use cash to finance the 625 million-euro (563.73 million pounds)acquisition of the owner of the Oslo stock exchange, the CEO of the Pan-European bourses operator said on Monday. Euronext, which operates bourses in Paris, ...

    Read More
  • TBEIJING - China issued on Tuesday a so-called “negative” list that specifies industries where investors, domestic or foreign, are either restricted or prohibited, as part of efforts to standardize market entry rules for all players.  Of the 151 sectors on the list, four are ...

    Read More
  • TTOKYO - The dollar fell against the safe-haven yen and Swiss franc on Tuesday as investors cut their exposure to riskier assets amid the partial U.S. government shutdown and signs of confrontation between the White House and the Federal Reserve. The dollar fell 0.39 percent to 110.00 yen, its ...

    Read More
  • TLONDON - A gauge of stocks worldwide posted an eighth straight decline on Monday as investors ignored Trump administration attempts to reinforce confidence and the U.S. president called the Federal Reserve the “only problem our economy has.” Investors, also facing the likelihood of a ...

    Read More
  • TNEW YORK - Oil prices plunged more than 6 percent to the lowest level in more than a year on Monday, pulling back sharply late in the session as fears of an economic slowdown rattled the market. U.S. crude futures CLc1 and global benchmark Brent LCOc1 hit their lowest levels since 2017 during the ...

    Read More
  • TSHANGHAI/BEIJING - China will not resort to “flood-like” stimulus in monetary policy next year, although it will consider more cuts as needed to reserves held at commercial banks, local media quoted a central bank adviser as saying in a report on Tuesday. The Chinese economy will face ...

    Read More
  • TJOHANNESBURG - South African power utility Eskom will reduce its executive management to 10 from 21, it said internal memo seen by Reuters, part of cash-strapped company to reduce its wage bill. “It is crucial that we set ourselves up for the future, and I believe that the steps we’ve ...

    Read More
  • TMILAN - The Italian government won a grueling vote of confidence on its 2019 budget in the upper house in the early hours of Sunday, as it races to get the package approved before a year-end deadline. The budget now has to be approved by the lower house of parliament by Dec 31 so it can take effect ...

    Read More
  • TKUWAIT - If an agreed cut in oil output by 1.2 million barrels per day is not enough to balance the market, OPEC and allied producers will hold an extraordinary meeting and do what is necessary, the United Arab Emirates energy minister said on Sunday. Extending the output agreement signed in early ...

    Read More
  • TBEIJING - China and the United States held a vice ministerial-level call, the second such contact in a week, achieving a “deep exchange of views” on trade imbalances and the protection of intellectual property, the Chinese Ministry of Commerce said. A statement posted on the ...

    Read More
  • TBENGALURU   -  Gold fell to its lowest in more than a week on Friday and was on track to mark its biggest weekly decline in more than a month, as the dollar climbed on robust U.S. economic data ahead of a U.S. Federal Reserve meeting next week. Spot gold eased 0.2 percent to ...

    Read More
  • T PRETORIA : South Africa’s foreign direct investment inflows fell by nearly 3 billion rand ($209.6 million) in the third quarter, the central bank said on Friday in its quarterly bulletin, as foreign firms sent less money to local subsidiaries. South Africa’s direct investment ...

    Read More
  • TWASHINGTON   -   U.S. business inventories rose solidly in October as stocks at retailers increased by the most in more than a year, suggesting inventory investment could contribute to economic growth in the fourth quarter. Inventory is seen inside the Amazon fulfillment center ...

    Read More
  • TSEOUL - Hyundai Motor Group’s two vice chairmen in charge of research and development (R&D) have offered to resign, three people familiar with the matter said on Tuesday. R&D president Albert Biermann is likely to be named the new head of the division, two of them added, declining to ...

    Read More
  • TADELAIDE   -   Travis Head scored an unbeaten half-century on his home debut to give Australia hope of reeling in India’s first innings lead despite a string of batting failures on day two of the first test. Australia were 191 for seven, with Head 61 not out and tailender ...

    Read More
  • TComedian Kevin Hart on Thursday stepped down from hosting the 2019 Oscar ceremony after “insensitive words” about the LGBTQ community he tweeted in the past appeared online. The 39-year-old comedian and “Ride Along” actor had announced on Tuesday that he would host the ...

    Read More
  • TADELAIDE  -   An Indian rescue mission seemingly tailor-made for Virat Kohli instead fell to Cheteshwar Pujara who took his captain’s ‘Superman’ cape and struck a vital century to save the tourists on day one of the series-opening test against Australia.After Kohli ...

    Read More
  • TCape Town   -  South Africa have named uncapped middle-order batsman Zubayr Hamza and fast bowler Duanne Olivier in their squad for the three-test home series against Pakistan starting in Pretoria on Boxing Day. Cape Town-born Hamza, 23, averages almost 50 in first class cricket but ...

    Read More