May 30, 2019

Global stocks steady, yields bounce, metals melt again

Markets saw a modest rebound in risk appetite on Thursday, as traders took a break from selling beaten-down stocks and pumping money into safe-haven bonds and […]
May 30, 2019

Commerzbank could be fined over late strategy disclosure: Handelsblatt

Germany’s financial watchdog Bafin could fine Commerzbank, business daily Handelsblatt reported, adding the lender may have been late in informing markets of a strategic overhaul three […]
May 30, 2019

Trade gloom, rising oil, Boeing 737 MAX woes to cloud aviation summit

Global airlines are meeting under a storm pattern of trade tensions, rising oil prices and a two-month-old grounding of the Boeing Co 737 MAX jetliner – […]
May 30, 2019

China willing to meet reasonable rare earth demand from other countries

China is willing to meet reasonable demand for rare earths from other countries, but it would be unacceptable that countries using Chinese rare earths to manufacture […]
May 30, 2019

Britain’s FirstGroup shake-up to unleash Greyhound coaches

Britain’s FirstGroup plans to sell U.S. coach service Greyhound and spin-off its First Bus operations in an attempt to head off shareholder pressure, lifting its share […]
May 30, 2019

Fears of prolonged trade war weigh on Asia stocks; bonds rally

Asian stocks tracked Wall Street losses on Thursday as the latest exchanges between Beijing and Washington signaled the heightened risk of a prolonged trade war, stoking […]
May 30, 2019

Explainer: China’s rare earth supplies could be vital bargaining chip in U.S. trade war

Rare earth elements are used in a wide range of consumer products, from iPhones to electric car motors, as well as military jet engines, satellites and […]
May 30, 2019

Taking aim at U.S., China says provoking trade disputes is ‘naked economic terrorism’

Provoking trade disputes is “naked economic terrorism”, a senior Chinese diplomat said on Thursday, ramping up the rhetoric against the United States amid a bitter trade […]
May 30, 2019

SoftBank’s Vision Fund to borrow $4 billion against stakes in Uber and two others: FT

SoftBank’s Vision Fund is looking to borrow $4 billion against its stakes in Uber Technologies Inc, soon-to-go-public Slack Technologies Inc, and blood-testing company Guardant Health Inc, […]
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