Gold firmed on Monday, erasing losses from earlier in the session as fresh doubts over a U.S.-China trade deal pushed Wall Street into the red.
Saudi Aramco said in a press statement Sunday morning that it’s hoping to sell a 1.5% stake in the company, or about 3 billion shares.
Gold prices slipped on Friday, on track to break a three-session winning streak as stock markets hit record highs following comments
Despite the bullish statement, Credit Suisse remains one of Tesla’s skeptics, with an underweight rating on the stock, and that’s in part because of Ford.
The companys stock fell 2.3% in Hong Kong on Thursday, making it the days worst performer on the Hang Seng Index (HSI). It was also Tencents biggest daily percentage drop in three weeks.
Alibaba is planning a secondary listing in Hong Kong which is likely to take place in the last week of November, a source with direct knowledge of the matter told CNBC.
Fed Chairman Jerome Powell says the central bank is unlikely to move on interest rates given the “sustained” economic expansion.
President Donald Trump renewed his trade attack on China, calling the nation “cheaters” though he blamed the situation on past U.S. leaders.
Trump used his pulpit before the Economic Club of New York to bash the Fed, a diversion from what many hoped would be a positive speech on trade progress.
A group of 15 Asia-Pacific countries is aiming to sign the Regional Comprehensive Economic Partnership, or RCEP, in 2020.
Oil prices dipped on Monday after U.S. President Donald Trump appeared to downplay reports of an imminent lifting of tariffs in a protracted U.S.-China trade war.
Saudi Aramco will sell up to 0.5% of its shares to individual investors in what could be the largest initial public offering in history. The world’s biggest oil company released a prospectus, providing
Gold extended losses to hit a three-month low on Friday as positive developments around the U.S.-China trade deal tarnished the metal’s safe-haven appeal,
Gold slid more than 1% on Thursday to its lowest level in over a month as U.S. Treasury yields jumped and global equities markets cheered China and United States’ agreement to cancel some tariffs in phases.
The U.S. and China have agreed to roll back tariffs on each other’s goods in phases as they work toward a deal between the two sides, both sides said.
