September 4, 2019

Oil prices rise, but economic worries loom

Oil prices rose on Wednesday, boosted by a wider market pickup on positive news from China’s services sector, after three days of losses on lingering fears […]
September 4, 2019

Cathay Chairman Slosar resigns weeks after CEO left, deepening reshuffle

Hong Kong’s Cathay Pacific Airways shook up its top ranks further as Chairman John Slosar resigned on Wednesday, less than three weeks after mounting Chinese regulatory […]
September 4, 2019

Cathay Pacific says Chairman John Slosar resigns

Hong Kong’s Cathay Pacific Airways said on Wednesday that its Chairman John Slosar had resigned from the board and will be replaced by Patrick Healy, a […]
September 4, 2019

Easing political worries in Europe lift shares, pound jumps

Easing worries over political risk in Britain and Italy helped stocks rise on Wednesday with the pound bouncing from three-year lows after a parliamentary vote raised […]
September 4, 2019

Malaysia aims to recover nearly $1 billion paid out by former 1MDB unit

Malaysia is pursuing civil action to recover about 4 billion ringgit ($954.65 million) of funds disbursed by a former subsidiary of 1MDB, a now-defunct state fund […]
September 4, 2019

Asia stocks bounce on firmer Chinese lead, pound steadies

Asian stocks bounced on Wednesday, led by Chinese markets after a report showed growth in the country’s service sector accelerating despite broader economic headwinds, while the […]
September 4, 2019

Oil prices recover some ground, but economic concerns weigh

Oil prices recovered some ground on Wednesday after touching their lowest in close to a month during the previous session on concerns that a weakening global […]
September 4, 2019

Japanese automakers’ sales fall in South Korea amid consumer boycott

Japanese automakers posted sharper sales falls in South Korea in August, industry data showed on Wednesday, hit by a consumer boycott of Japanese vehicles amid a […]
September 4, 2019

Global regulator discrepancies over Boeing 737 MAX worry IATA

The head of the International Air Transport Association (IATA) warned on Tuesday that any discrepancy among global regulators over reapproving Boeing Co’s 737 MAX for commercial […]
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