October 5, 2018

Oil prices rise on Iran sanctions, outlook uncertain

Oil prices crept back towards four-year highs on Friday as traders anticipated a tighter market due to U.S. sanctions on Iran’s crude exports. Powered by WPeMatico
October 5, 2018

South Korea’s appeals court suspends Lotte Group chief’s jail sentence

A South Korean appeals court said on Friday it found the chairman of Lotte Group guilty of charges including bribery and breach of trust, but suspended […]
October 5, 2018

Danske shares plummet to four-year lows after mirror trade report

Shares in Danske Bank plummeted on Friday to their lowest in four years after a media report the bank executed up to 8.5 billion euros of […]
October 5, 2018

Toyota, sensing an opening, debates building Lexus cars in China

Toyota Motor Corp, long opposed to producing its premium Lexus cars in China because of concerns over quality and profitability, is now considering it to ignite […]
October 5, 2018

Rising U.S. bond yields hit global markets, Asian stocks wobble

Asian shares wobbled on Friday after benchmark U.S. Treasury yields surged to a fresh seven-year high and strong economic data fanned concerns about the risk of […]
October 5, 2018

Exclusive: SoftBank nearing $500 million investment in ride-hailing firm Grab – sources

SoftBank Group Corp is nearing a deal to invest about $500 million in Grab as part of roughly $1 billion that Southeast Asia’s biggest ride-hailing firm […]
October 5, 2018

German minister presses for swift EU trade accord with U.S

The United States and the European Union must quickly flesh out their aim of cutting trade barriers, German Economy Minister Peter Altmaier said ahead of an […]
October 5, 2018

Samsung flags third-quarter profit jump to record, but chip price falls cast shadow

Samsung Electronics Co Ltd estimated third-quarter operating profit jumped by a fifth to a record high, with its semiconductor unit bolstered by robust demand from data […]
October 5, 2018

Samsung third-quarter profit likely hit record high but chip price falls cast shadow

Samsung Electronics Co Ltd said quarterly operating profit likely surged by a fifth to a record high, with its chip unit bolstered by robust demand from […]
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