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SINGAPORE: Private bankers are being flooded with inquiries from investors in Hong Kong who are worried about the long term effects of the political crisis in the Chinese city.
LONDON: British businesses have turned gloomier about the economy as the country's political crisis deepens, bucking an improvement in sentiment earlier this year, according to a survey published by an employers group on Friday.
LONDON/PARIS:Boris Johnson, the favorite to succeed Theresa May as Britain's prime minister, said on Sunday he would withhold payment of the country's European Union exit bill to try and get a better deal - a move that drew an immediate rebuke from France.
LONDON: British Prime Minister Theresa May's new Brexit offer to UK lawmakers retains the Northern Irish backstop and does not add anything new on customs arrangements, The Telegraph newspaper reported late on Sunday.
A fortnight ago, markets were going great guns, with the S&P 500 hitting record high, even as there was increasing evidence that global trade and many economies were slowing. Last week the markets took a sharp turn as the White House twittered that tariffs would once again be escalated for US-China trade.
SYDNEY: Asian share markets were subdued on Friday amid thin holiday trade although the dollar found support as investors pared expectations for a U.S. rate cut this year while oil prices loitered near one-month lows on oversupply fears.
SINGAPORE: Oil prices slipped on Friday, extending a steep fall from the previous session on surging U.S. output and an expected supply increase from producer club OPEC and putting crude on track for a second week of declines.
SINGAPORE: Oil prices fell on Thursday, pulled down by record U.S. crude production that led to a surge in stockpiles.