Asian stocks edged up on Monday, catching some of Wall Street's momentum after surprisingly strong U.S. jobs data although regional gains were capped by concerns about China's economic slowdown due to the prolonged Sino-U.S. trade war.
A new analysis of where "innovation" jobs are being created in the United States paints a stark portrait of a divided economy where the industries seen as key to future growth cluster in a narrowing set of places.
Oil prices slipped on Tuesday for a second straight session as the cons of a slowing global demand outlook outweighed the pros of OPEC's agreement with associated producers at the end of last week to deepen crude output cuts in early 2020.
At a two-day gathering for Honda's suppliers in March, Chief Executive Takahiro Hachigo sounded the alarm.
U.S. automaker Ford Motor Co. said on Monday it expects its full year 2019 loss, before interest and taxes, from China to be nearly halved from the year ago.
Asian equity markets ticked down on Tuesday, tracking Wall Street losses as investors fretted over a Dec. 15 deadline for the next round of U.S. tariffs on Chinese imports to take effect.
A deal to clinch a North American trade pact with Canada and Mexico was close but "not quite finished yet," Nancy Pelosi, the speaker of the U.S. House of Representatives, said on Monday.
White House adviser Jared Kushner said on Monday there was progress on reaching a trade deal with Mexico and Canada, but he would not confirm reports he planned to travel to Mexico for talks.
Oil prices dropped on Tuesday for a second straight session as the cons of a slowing global demand outlook outweighed the pros of OPEC's agreement with associated producers at the end of last week to deepen crude output cuts in early 2020.
An Australian criminal cartel lawsuit against Citigroup Inc and Deutsche Bank AG was postponed on Tuesday after defense lawyers complained the prosecution had given them a redacted statement for a key witness late on the previous day.
Senior U.S. and Canadian officials were set to fly to Mexico City on Tuesday to work on the final changes to a languishing North American trade pact that could clear the way for a vote in the U.S. Congress before the end of the year.
Asian equity markets were a tad lower on Tuesday as investors refrained from making major bets before Dec. 15, when the next round of U.S. tariffs on Chinese imports is due to take effect.
Johnson & Johnson Chief Executive Officer Alex Gorsky has declined to appear at a U.S. congressional hearing set for Tuesday on the safety of the company's Baby Powder and other talc-based cosmetics.
"I learned that when I was very young at Fidelity — you just don't fall in love with your stocks. It's just a ticker and a name on the screen," Firestone said.
When it comes to resolutions for next year, most individuals would rather save $5,000 than lose 5 pounds. And they'd rather get out from under the weight of their debts before cutting other bad habits.