U.S. stock index futures dropped when electronic trading resumed on Sunday, with trade relations between the United States and China appearing to reach a new low on Friday, sending Wall Street into a selling frenzy.
Asian shares were a sea of red on Monday as the latest salvo in the Sino-U.S. trade war shook confidence in the world economy and sent investors steaming to the safe harbors of sovereign bonds, gold and the Japanese yen.
Singapore-based ride-hailing firm Grab is set to invest "several hundred million dollars" in Vietnam where the company sees its next major growth market, just weeks after it unveiled a $2 billion plan in Indonesia.
Chinese state media on Monday blasted the United States after U.S. President Donald Trump announced additional tariffs on goods from China and lashed out at China and ordered U.S. companies to find "alternatives" to China.
Asian shares sank on Monday as the latest salvo in the Sino-U.S. trade war shook confidence in the world economy and sent investors steaming to the safe harbors of sovereign bonds and gold, while slugging emerging market currencies.
Oil prices fell on Monday, pushing U.S. crude to its lowest in more than two weeks, as a ratcheting up of tensions in the U.S.-China war knocked confidence in the global economy.
Shareholders will press Virgin Australia Holdings' new CEO Paul Scurrah to present a robust strategic plan on Wednesday, when the airline is expected to report its seventh consecutive annual loss, on top of $1.2 billion worth of red ink over the previous six years.
By Aislinn Laing, Marina Lammertyn, Marcelo Rochabrun and Nelson Bocanegra
Oil prices fell on Monday, pushing U.S. crude to its lowest in more than two weeks, as an intensifying U.S.-China trade war knocked confidence in the global economy.
Japan's top government spokesman said on Monday he did not think Tokyo had compromised too much in trade talks with the United States.
China is willing to resolve its trade dispute with the United States through "calm" negotiations and resolutely opposes the escalation of the conflict, Vice Premier Liu He, who has been leading the talks with Washington, said on Monday.
Chinese Vice Premier Liu He said on Monday that China is willing to resolve its trade dispute with the United States through calm negotiations and resolutely opposes the escalation of the conflict, a state-backed newspaper reported.
Venture capitalists, colleges and politicians are working to make income sharing agreements the norm on campuses. Consumer advocates are worried.
The wealthy financier's last will and testament, dated Aug. 8, indicates he held more than $577 million in assets. Attorneys predict a lengthy legal battle will follow.
China said on Saturday it strongly opposes Washington's decision to levy additional tariffs on $550 billion worth of Chinese goods and warned the United States of consequences if it does not end its "wrong actions".