Asia shares flatline, wait for U.S. and China to seal trade deal
Asian shares paused near 19-month peaks on Monday ahead of the expected signing on a Sino-U.S. trade deal, though talks on a phase two package are likely to drag on for months.
Asian shares paused near 19-month peaks on Monday ahead of the expected signing on a Sino-U.S. trade deal, though talks on a phase two package are likely to drag on for months.
Ford Motor Co's China vehicle sales fell for a third consecutive year, by 26.1%, as it battles a prolonged overall sales decline in its second-biggest market that has hit demand for its mass-market Ford brand and sports utility vehicles.
Oil prices held steady on Monday as fears of conflict between the United States and Iran eased, with investors shifting their focus to this week's scheduled signing of an initial U.S.-China trade deal, which could boost economic growth and demand.
Walmart Inc , the world's largest retailer, has fired around 50 of its India executives as part of its restructuring in the country, three sources with direct knowledge told Reuters.
Asian shares rose to new 19-month highs on Monday ahead of the expected signing on a Phase 1 China-U.S. trade deal, although markets have yet to see the details of the agreement.
A former chairman of the China Development Bank, Hu Huaibang, has been expelled from the country's ruling Communist Party for serious violations of discipline, the party's graft watchdog said on Saturday.
Mercedes-Benz will build smart-branded electric cars with Zhejiang Geely Holding Group [GEELY.UL] in the Chinese city of Xian from a base with annual capacity of around 150,000 vehicles, a senior official from its German parent Daimler AG said on Saturday.
Thousands of striking Cambodian workers of a Hong Kong-listed casino company returned to their jobs on Saturday after winning wage increases and the reinstatement of a suspended union leader in a rare labor victory.
Japanese authorities have requested the International Criminal Police Organization (ICPO) for an Interpol wanted notice for the wife of former Nissan Motor boss Carole Ghosn, local media reported on Saturday.
Thousands of small-scale traders in India are planning to organize protests against Amazon.com Inc founder Jeff Bezos, who will visit the country next week for a company event and potential meetings with government officials.
Analysts for individual stocks project only modest gains in 2020, a big departure from last year.
U.S. stocks have been pulling ahead of international markets since 2010, but foreign stocks could start to catch up this year, strategists say.
Wall Street analysts name their top stocks to watch in 2020
The United States and China have agreed to having semi-annual talks aimed at pushing for reforms in both countries and resolving disputes, the Wall Street Journal reported on Saturday.
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