Graphic: Wall Street's high-stake bets on calm less risky than they seem
At a glance, a near-record accumulation of speculative bets on market tranquility looks like it couldn't have come at a worse time.
At a glance, a near-record accumulation of speculative bets on market tranquility looks like it couldn't have come at a worse time.
Stock markets in Asia inched up on Thursday on the possibility that China and the United States may soon seal a "phase one" deal to end their 17-month trade war, but conflicting messages from U.S. President Donald Trump kept a lid on the advance.
Britain is unlikely to cut off ties to the European Union at the end of 2020 without having a free trade deal in place, finance minister Sajid Javid said on Thursday.
BP is increasing its stake in Lightsource BP to 50% from its current 43%, the solar energy developer said in a statement on Thursday.
Tariffs must be cut if China and the United States are to reach an interim agreement on trade, the Asian nation's commerce ministry said on Thursday, sticking to its stance that some U.S. tariffs must be rolled back for a phase one deal.
Fiat Chrysler Automobiles (FCA) has challenged Italy's tax authority which has said the car company had underestimated the value of its U.S. business after it bought Chrysler.
At a glance, a near-record accumulation of speculative bets on market tranquility looks like it couldn't have come at a worse time.
The protracted trade war between China and the United States and a deteriorating global growth outlook have left investors nervous that the longest expansion in American history is at risk of ending.
Japan's cabinet approved a $122 billion fiscal package on Thursday to support stalling growth in the world's third-largest economy amid offshore risks and as policymakers look to sustain activity beyond the 2020 Tokyo Olympics.
Stocks gained amid trade war headlines on Thursday, while sterling rose to its highest in more than two years against the euro on hopes next week's UK election will lead to a smooth Brexit.
South Korea's LG Chem said on Thursday it would invest $916 million in its U.S. subsidiary by 2023 to set up an electric vehicle battery joint venture with General Motors .
Tiffany & Co , which is being bought by Louis Vuitton owner LVMH , fell short of Wall Street estimates for quarterly sales on Thursday as the luxury jeweler was hurt by weak demand from foreign tourists and business disruptions in Hong Kong.
Elon Musk's defamation trial could be in the hands of jury by the end of Thursday after the billionaire and the diver who is suing him sparred over the meaning and impact of a "pedo guy" tweet at the heart of the case.
Automakers, ride-hailing and technology companies plowing money into the development of electric, self-driving and shared car services will find more enthusiastic consumers in China than in Europe and the United States, a survey on Thursday showed.
U.S. stock index futures rose on Thursday, setting Wall Street for a second session of gains this week, on increased hopes of a preliminary trade deal between the United States and China.