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Xiaomi gets no lift from giant rally

HONG KONG: If the rising tide of investor optimism in China (and tech shares) is supposed to lift all equity boats, then at the moment Xiaomi Corp appears to be adrift.


Liu and Mnuchin talk trade for the first time in months

Chinese Vice-Premier may visit Washington soon


End of an era in banking

The 1MDB blip should not obliterate Nazir’s role in CIMB and the capital markets


OPEC, Russia rebuff Trump's call for immediate boost to oil output

ALGIERS: OPEC's leader Saudi Arabia and its biggest oil-producer ally outside the group, Russia, ruled out on Sunday any immediate, additional increase in crude output, effectively rebuffing U.S. President Donald Trump's calls for action to cool the market.


Tech stocks sour, sending European shares to two-month low

LONDON: Slumping technology stocks after a global cyber attack and depressed crude oil prices cast a cloud over European shares on Wednesday, sending them to their lowest in two months.


'Axis of love': Saudi-Russia detente heralds new oil order

The first formal meeting between Rosneft boss Igor Sechin and Saudi Aramco chief Amin Nasser broke new ground. Sources said the CEOs discussed possible ways of cooperating in Asia, such as Indonesia and India, as well as in other markets.