December 24, 2018

Bike-sharing firm Ofo’s dramatic fall a warning to China’s tech investors

On the sidewalks of Shanghai and Beijing, once bright-yellow Ofo bicycles lie in varying states of disrepair – chains unhooked, wheels buckled and paint starting to […]
December 24, 2018

South Korea to file complaint against BMW for ‘delayed’ response to engine fires

South Korea’s transport ministry said it would file a complaint against German luxury carmaker BMW with prosecutors for allegedly delaying recalls and concealing defects that led […]
December 24, 2018

Oil rises on signs low prices crimping U.S. output though economic worries weigh

Oil prices rose more than 1 percent on Monday on signs that the recent price plunge may start crimping supply from the U.S., currently the world’s […]
December 24, 2018

Index futures little changed ahead of holiday-shortened week

U.S. equity index futures were little changed late on Sunday as electronic trading resumed to kick off a holiday-shortened week following reports over the weekend that […]
December 24, 2018

Asian markets a reluctant spectator to U.S. political theater

Asian stocks were subdued on Monday as investors fretted that political instability in the United States was leaving the country rudderless at a time when the […]
December 24, 2018

Oil eases on oversupply concerns ahead of holiday

Oil prices dipped on Monday ahead of the Christmas holiday break, adding to last week’s steep losses on concerns about a global oversupply. Powered by WPeMatico
December 23, 2018

Top Trump official calls bankers, will convene ‘Plunge Protection Team’

U.S. President Donald Trump’s Treasury secretary called top U.S. bankers on Sunday amid an ongoing rout on Wall Street and made plans to convene a group […]
December 23, 2018

S&P futures open lower to kick off holiday-shortened week

U.S. equity index futures dropped late Sunday as electronic trading resumed to kick off a holiday-shortened week following reports over the weekend that President Donald Trump […]
December 23, 2018

Trump advisers have discussed arranging meeting with Fed’s Powell: WSJ

The advisers of President Donald Trump have discussed in recent days arranging a meeting between him and Federal Reserve Chairman Jerome Powell in the coming weeks, […]
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