Oil stable on trade talk optimism and OPEC cuts, but slowdown looms
International Brent crude futures were at $57.43 per barrel at 0218 GMT, up 10 cents, or 0.1 percent from their last close
China’s forex reserves fall in 2018 as slowing economy, trade war weigh
China’s foreign exchange reserves - the world’s largest - fell by $67.24 billion last year to $3.073 trillion, central bank data showed on Monday
Gold up as U.S. Fed stance pricks dollar, stocks rally cap gains
Spot gold was up 0.3 percent at $1,288.60 per ounce, as of 0306 GMT and U.S. gold futures gained about 0.4 percent to $1,290.70 per ounce
Dollar slips on Powell views; optimism on trade talks aids Aussie dollar
The dollar index, a gauge of its value versus six major peers, stood at 95.96 at 0406 GMT Monday, down 0.2 percent from an intraday high of 96.16
Japan rebounds, Asia jumps on US data as trade talks begin
Japan’s benchmark, bouncing back from steep losses last week, started the day trading over 3 percent higher
Oil prices rise more than 1% on trade talks, supply cuts
Financial markets were being lifted early on Monday on expectations that face-to-face trade negotiations between delegates from Washington and Beijing, due to start on Monday, would lead to an easing in tensions between the two biggest economies in the world
Southeast Asia wary of China’s Belt and Road project, skeptical of US, reveals survey
SINGAPORE: Southeast Asian countries should be cautious in negotiating with China on its flagship Belt and Road Initiative (BRI) to avoid being...
Weakness in China economy gives Beijing incentive for trade deal, says Trump
WASHINGTON: US President Donald Trump said on Sunday that trade talks with China were going very well and that weakness in the...
Vigilant to global economic risks clouding recovery, says Japanese PM
TOKYO: Japan’s government will keep a close eye on looming risks to a global economic recovery as it guides policy, Prime Minister...
China’s Chongqing to step up support for real economy
SHANGHAI: The sprawling southwestern Chinese city of Chongqing has introduced more measures to bolster the real economy amid growing pressure from Beijing...
US employers went on a surprising hiring spree in December
The job gains reported Friday by the Labor Department came despite a trade war with China, a global slowdown and a partial government shutdown now entering its third week
Iran says despite U.S. sanctions, it has found new ‘potential’ oil buyers
Washington seeks to bring Iranian oil exports to zero in order to curb Tehran’s missile and nuclear programs and counter its growing military and political influence in the Middle East
Drugmaker Bristol-Myers to buy Celgene in $74bn deal
NEW YORK:Â New York-based pharmaceutical giant Bristol-Myers Squibb announced on Thursday it will buy US biotech firm Celgene in a massive $74 billion...
China to continue assisting in Pakistan’s socio-economic development
BEIJING: China on Thursday said that it will “continue to provide assistance for economic and social development in Pakistan through trade, investment, and...
Dollar starts 2019 strong, safety bid lifts yen
The euro fell 0.9 percent against the U.S. dollar, following weak manufacturing data from Spain, France, Italy, and Germany