August 27, 2018

Yuan hits four-week high as China signals support, revives X-factor for fixing

China’s yuan finished Monday afternoon trade at a near 4-week high to the dollar after the central bank revived a “counter-cyclical factor” in its daily fixing […]
August 27, 2018

Tesla shares fall 5 percent after Musk abandons buyout

Trading in Tesla shares in Germany on Monday pointed to a 5 percent drop when U.S. markets open as investors reacted to Chief Executive Elon Musk’s […]
August 27, 2018

Tesla’s German shares fall after CEO Musk drops plan to take company private

Germany-listed shares in Tesla fell more than 3 percent in early deals on the Tradegate exchange on Monday, after Chief Executive Elon Musk called off his […]
August 27, 2018

Asian shares rise after Powell speech, stronger yuan lifts China

Asian shares rose on Monday, taking heart from comments by the Federal Reserve chairman that drove Wall Street to record highs on Friday, and as a […]
August 27, 2018

U.S.-Mexico NAFTA talks to continue Monday: minister

Mexico’s Economy Minister Ildefonso Guajardo said on Sunday evening that bilateral negotiations with the United States over the future of the North American Free Trade Agreement […]
August 27, 2018

Yuan at two-and-a-half week high as China signals support, revives fix factor

The yuan hovered at a 2-1/2-week high to the dollar on Monday after China’s central bank revived a “counter-cyclical factor” in its daily fixing to support […]
August 27, 2018

Investors to get their say after Musk scuttles Tesla buyout

Investors on Monday will render their verdict on Tesla Inc Chief Executive Elon Musk’s decision to abandon a proposed $72 billion buyout to take the luxury […]
August 27, 2018

Asian shares rise on Fed reassurance, China yuan strengthening

Asian shares rose on Monday, boosted by record Wall Street highs on Friday after reassuring comments from the Federal Reserve’s chairman, and as stock markets in […]
August 27, 2018

Mexico, U.S. closing in on NAFTA deal, talks to resume Monday

U.S. and Mexican trade negotiators are close to squaring away bilateral differences on the North American Free Trade Agreement (NAFTA) and will resume talks on Monday […]
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