The dollar started the new year where it left the old one, under pressure as investors wagered U.S. economic outperformance could be coming to an end as optimism on trade brightens the outlook for growth globally.
A California state agency announced its intention to reject buy-now-pay-later company Sezzle Inc's application for a lending license in the state, sending its shares to a record low on Thursday. The California Department of Business Oversight (DBO), which oversees and regulates financial service providers in the state, issued a statement saying it would deny Sezzle's application.
Oil prices rose on the first trading day of 2020 as warming trade relations between the United States and China eased demand concerns, and rising tensions in the Middle East raised worries about supply.
Asian shares kicked off the new decade higher on Thursday, after global stocks ended the previous one at record highs, and buoyed by Chinese markets after Beijing eased monetary policy to support slowing growth.
The dollar started the new year where it left the old one, on the back foot as investors wagered U.S. economic outperformance might be drawing to a close as optimism on trade brightens the outlook for growth globally.
Oil prices kicked off the new year higher on Thursday as warming trade relations between the United States and China eased demand concerns, while rising tensions in the Middle East fueled worries about supply.
Turkish Airlines and Boeing have come to an agreement concerning compensation for certain losses caused by grounded and undelivered Boeing 737 Max aircraft, the Turkish airline said on Tuesday.
Ousted Nissan Motor Co boss Carlos Ghosn's three passports were held by his lawyers and he could not have used any of them to escape Japan, one of the lawyers told reporters on Tuesday, adding that his client's actions were "inexcusable".
The 2010s saw the U.S. economy achieve its longest-ever expansion, with notable milestones such as 110 months of uninterrupted job gains and an unemployment rate near a half-century low becoming easy bragging points for politicians and economists alike.
Ousted Nissan boss Carlos Ghosn confirmed he fled to Lebanon, saying he wouldn't be "held hostage" by a "rigged" justice system and raising questions about how one of the world's most-recognized executives escaped Japan months before his trial.
French junior economy minister Agnes Pannier-Runacher said on Tuesday that she was "very surprised" by news that Carlos Ghosn had left Japan and flown to Lebanon, adding she had heard of it via the media.
Asian shares were mostly lower on Tuesday, in their last trading day of the decade as investors locked in profits after a buoyant year of gains, driven in recent weeks by hopes of an imminent U.S.-China trade deal.
Ousted Nissan boss Carlos Ghosn confirmed he fled to Lebanon, saying he wouldn't be "held hostage" by a "rigged" system, raising questions about how one of the world's most-recognized executives slipped out of Japan months before his trial.
The dollar dipped to a near three-week low against the yen in thin year-end volume on Tuesday as investors favored riskier assets, led by renewed optimism about global growth.
Former Nissan boss Carlos Ghosn entered Lebanon using a French passport, the Lebanese broadcaster MTV reported on Tuesday, citing an official source.