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Tesla, IBM and Microsoft plan to attend AI conference, display technologies.
WASHINGTON: Federal Reserve officials viewed their interest-rate cut last month as insurance against headwinds from the trade war and low inflation – reasons that look even sharper as they move toward their meeting in September.
Hong Kong: Hong Kong stocks are poised for their worst quarter since 2015 and corporate earnings are unlikely to save them.
KUALA LUMPUR: Blue chips snapped their recent losing streak on Thursday but it was not the best performance investors hoped for due to some late selling of selected stocks.
OSLO: Oil and gas companies working in Norway have slightly cut their 2019 investment forecasts since May, a survey by the country's statistics agency (SSB) showed on Thursday.
SHANGHAI: China’s Geely Automobile Holdings Ltd said its first-half net profit skid 40% amid a sustained downturn in the world’s biggest auto market, and it forecast an uncertain outlook for vehicle demand for the rest of the year.
HONG KONG: Hong Kong-based Bank of East Asia Ltd (BEA) posted a 75% slump in first-half net profit after it wrote down loans in mainland China because of a downturn in commercial property markets outside China’s top cities.
COPENHAGEN (Reuters) - President Donald Trump's proposal for the United States to buy Greenland from Denmark has met with surprise and a sharp rebuff from Copenhagen, with Prime Minister Mette Frederiksen calling the idea "absurd".
PARIS (Reuters) - Brexit Britain's overtures to U.S. President Donald Trump risk further complicating the search for common ground this weekend at a Group of Seven summit already clouded by transatlantic rifts over trade, Iran and climate change.
NEW DELHI: A global glut in natural gas is threatening to undermine a US$4bil investment by Reliance Industries Ltd. aimed at boosting profits at the world’s largest oil refining complex.