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Updated: 12 hours 10 min ago

Indonesia's Lion Air to meet Boeing next week to discuss MAX series orders

Thu, 11/22/2018 - 11:23
Indonesia's Lion Air plans to meet Boeing Co on Nov. 30 to review the airline's orders for Boeing 737 MAX series planes in the period until 2035, Lion Air's director of safety and security Daniel Putut said on Thursday.

Global carbon dioxide levels hit a new record in 2017, U.N. says

Thu, 11/22/2018 - 11:18
The amount of carbon dioxide in the atmosphere hit a new record of 405.5 parts per million in 2017, up from 403.3 ppm in 2016, with no sign of reversal in the trend, the World Meteorological Organization said in its annual Greenhouse Gas Bulletin.

Japan inflation lacks momentum, keeps BOJ's target elusive

Thu, 11/22/2018 - 11:08
Japan's annual core consumer inflation was unchanged in October from the previous month as soft household spending kept firms from hiking prices, a sign the economy lacks the momentum needed to achieve the central bank's 2 percent target.

EU hopes to clinch Brexit deal on Sunday

Thu, 11/22/2018 - 11:01
The European Union's 27 national ambassadors will try on Thursday to finalise an outline declaration of future ties between the bloc and the United Kingdom ahead of a planned summit on Sunday.

China will open but not all at once, China's German ambassador says

Thu, 11/22/2018 - 10:56
China's ambassador to Germany told the newspaper Die Welt that his country's ties to Germany were closer than to any other country, but that it still could not fully open its market to foreign partners.

China's central bank says will support funding for Shanghai's private sector

Thu, 11/22/2018 - 10:55
China's central bank said on Thursday it will deploy at least 10 billion yuan ($1.44 billion) worth of relending quota to private and small companies in Shanghai, in sectors such as high-tech and high-end manufacturing as part of its effort to support the private sector.

Kuroda rebuffs view BOJ undergoing Fed-style "tapering"

Thu, 11/22/2018 - 10:32
Bank of Japan Governor Haruhiko Kuroda said a slowdown in the central bank's bond buying is different in nature from the U.S. Federal Reserve's tapering of asset purchases, signalling that Japan is nowhere near an exit from ultra-loose monetary policy.

Gold holds firm on subdued dollar

Thu, 11/22/2018 - 10:30
Gold prices were steady in holiday-thin trade on Thursday after hitting a two-week peak in the previous session, with improved risk appetite weighing on the U.S. dollar.

Tokyo prosecutor: can't comment on whether Ghosn has admitted to allegations

Thu, 11/22/2018 - 10:03
Shin Kukimoto, deputy public prosecutor at the Tokyo District Public Prosecutors Office, said on Thursday that he could not comment on whether Nissan Chairman Carlos Ghosn had admitted to allegations of financial misconduct.

Oil dips as U.S. crude stockpiles swell; possible OPEC cuts prevent bigger slide

Thu, 11/22/2018 - 10:01
Oil prices slipped on Thursday after U.S. crude inventories swelled to their highest level since December 2017 amid concerns of an emerging global glut, although the potential for a supply cut by OPEC prevented further drops.

Telecom network maker Nokia reorganises itself ahead of 5G race

Thu, 11/22/2018 - 09:57
Nokia will merge its mobile networks and fixed networks business groups into a new unit called Access Networks as it takes aim at 5G opportunities, the Finnish firm announced on Thursday.

Global Markets: Asian shares fragile as growth worries sap confidence

Thu, 11/22/2018 - 09:47
Asian shares seesawed in cautious trading on Thursday with China extending losses as investors worries about slowing global growth in the face of rising U.S. interest rates and trade tensions.

China evaluating impact from U.S. proposal to boost tech export control

Thu, 11/22/2018 - 09:43
China is evaluating the potential impact from a U.S. proposal to increase control over technology exports, and will take the necessary steps to uphold Chinese firms' legitimate interests, a spokesman at the commerce ministry said on Thursday.

Hold the phone: Cheaper mobile charges to complicate BOJ's inflation push

Thu, 11/22/2018 - 09:09
Japan's central bank is facing fresh challenges as it struggles to hit its ambitious inflation target, with planned cuts in mobile phone charges and education fees expected to weigh on consumer prices in coming years.

Nifty, Sensex edge higher as IT stocks bounce back

Thu, 11/22/2018 - 08:46
Indian markets rose marginally on Thursday in thin trading, helped by a recovery from previous session in IT stocks such as Tech Mahindra Ltd and HCL Technologies Ltd, while some stability in broader Asia also boosted the sentiment.

Tesla cuts China car prices to absorb hit from trade war tariffs

Thu, 11/22/2018 - 08:02
Tesla Inc is cutting the price of its Model X and Model S cars in China, the U.S. firm said on Thursday, in a shift in strategy that will see it take more of a hit from tariffs linked to a biting trade war between China and the United States.

Exclusive: Canada considering proposal to buy rail cars to move stranded crude - sources

Thu, 11/22/2018 - 07:30
Canada's federal government is considering a proposal from its main oil producing province of Alberta to share the cost of buying rail cars to move oil stuck in the region because of a lack of pipeline capacity, said two sources with direct knowledge of the matter.

Amazon re-opens U.S. store to Australian shoppers after backlash

Thu, 11/22/2018 - 07:06 Inc said on Thursday it would stop blocking Australians from shopping on its U.S. site after a customer backlash, unwinding a move which has tarnished the e-commerce giant's launch in the world's 12th-largest economy.

Danske whistleblower takes aim at U.S., UK over moneylaundering

Wed, 11/21/2018 - 11:16
Almost all the money that flowed through Danske Bank's Estonian branch passed through banks in the United States, the whistleblower who brought to light an alleged 200 billion euro ($228 billion) money laundering scandal said on Wednesday.

OPEC will work to stabilise markets at next meeting - Iraqi deputy minister

Wed, 11/21/2018 - 10:59
Iraqi Deputy Oil Minister Fayadh al-Nema said on Wednesday that OPEC will work to stabilise oil markets, crude prices and supplies at its next meeting.