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News

Gold prices steady after hitting one-week high

Gold prices were little changed on Thursday in Asia as traders weighed gains in stock markets and a potential rate cut by the U.S. Federal Reserve...

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Von der Leyen, nominee to head EU executive, rushes to seek parliament backing

EU governments' surprise nominee for president of the European Union's executive, Germany's Ursula von der Leyen, will seek support in the EU...

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China pledges to scrap financial sector ownership limits in 2020, one year early

China will end ownership limits for foreign investors in its financial sector in 2020, a year earlier than scheduled, to show the world it...

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Oil prices jump over 2% as OPEC set to extend supply cuts

Oil prices rose more than $1 a barrel on Monday, with OPEC and its allies on track to extend supply cuts until at least the end of 2019...

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Trump talks trade at G20 while China's Xi warns of risks of protectionism

China and the United States are locked in a trade dispute, and expectations have dimmed that Trump and Xi can ease the tension when they meet...

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China opposes U.S. abuse of export control, urges cooperation

China opposes U.S. abuse of export controls and urges the United States to return to a track of cooperation, a commerce ministry spokesman said...

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Trump considering a visit to Korean DMZ

President Donald Trump is considering a visit to the demilitarized zone between North and South Korea during his planned trip to Seoul, South Korea...

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Oil prices drop amid demand worries, but U.S.-Iran tensions support

Oil fell on Tuesday amid concerns over the outlook for crude demand, but prices were supported after Washington announced new sanctions on Iran...

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China says both sides should make compromises in trade talks

China and the United States last week said they were reviving talks ahead of the meeting between presidents Donald Trump and Xi Jinping. Hopes that...

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Trump calls off Iran strikes at the last minute

After weeks of rising tension amid a spate of attacks on oil tankers in the Gulf, Iran said on Thursday it had shot down an unmanned U.S. military...

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Oil prices jump as downed U.S. drone stokes Middle East tensions

Tensions have been rising in the Middle East after last week's attacks on two tankers near the Strait of Hormuz, a chokepoint for oil supplies...

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Net incomes of Canada's farmers plunged last year

For years, the financial stability of Canadian farmers was the envy of their American counterparts, but rising costs, drought, and a dispute with...

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Asian stocks mixed in waiting of FED meeting

On Tuesday Asian stocks were mixed in morning trade ahead of this week’s key Federal Reserve decision. The Shenzhen Component inched up 0.1%, while...

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Gold climbs as stocks fall, while oil prices recovered

Gold prices rose on Thursday in Asia. Risk sentiment remained weak, while rate cut expectations also provided continuous support. Today, global equities...

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U.S. stock markets are falling due to Sino-U.S. trade war

U.S. futures broke their winning streak on Wednesday, as investors turned their focus back...

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British candidates for PM promising to solve the turmoil of Brexit till Oct. 31

A host of candidates to replace Theresa May as British prime minister launched their campaigns on Monday promising to solve the turmoil of Brexit. May...

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Vietnam will crackdown on goods of Chinese origin illegally relabelled "Made in Vietnam" to beat U.S. tariffs

Vietnam has said it would crackdown on goods of Chinese origin illegally relabelled "Made in Vietnam" by exporters seeking to avoid U.S. President...

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Oil prices rise, climbing from five-month lows

Oil prices rose more than 1% on Friday, climbing further away from five-month lows hit earlier in the week after a report that Washington could...

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