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Global Markets: Asian shares slip on trade worries, oil gives up some gains

TOKYO Asian shares fell on Monday on escalating trade tensions between the United States and major economies while oil prices gave up some of their hefty gains made after major oil producers agreed to a modest increase in production.

Recent Business News

U.S. plans limits on Chinese investment in U.S. technology firms

WASHINGTON The U.S. Treasury Department is drafting curbs that would block firms with at least 25 percent Chinese ownership from buying U.S. companies with "industrially significant technology," a government official briefed on the matter said on Sunday.

Tech, 8:37am IST

Saudi pledges 'measurable' oil supply boost as OPEC, Russia agree deal

VIENNA OPEC agreed with Russia and other oil-producing allies on Saturday to raise output from July, with Saudi Arabia pledging a "measurable" supply boost but giving no specific numbers.

Top News 23 Jun 2018

As trade war looms, China cuts some banks' reserve requirements to boost lending

BEIJING China's central bank said on Sunday it would cut the amount of cash that some banks must hold as reserves by 50 basis points (bps), releasing $108 billion in liquidity, to accelerate the pace of debt-for-equity swaps and spur lending to smaller firms.

Economy, 24 Jun 2018

UK ministers take aim at business over Brexit warnings

LONDON The British government and business leaders clashed in a deepening row over Brexit on Sunday after a senior minister accused companies of issuing "completely inappropriate" threats and undermining the prime minister.

24 Jun 2018

Meituan-Dianping files Hong Kong IPO, said to raise over $4 billion

HONG KONG/SHANGHAI China's Meituan-Dianping, an online food delivery-to-ticketing services platform, filed for a Hong Kong IPO on Monday, an offering that aims to raise more than $4 billion, three people with knowledge of the plans said.

Tech, 8:32am IST

Markets

  • Asia
  • U.S.
  • Europe
  • Sectors
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Sensex 35,713.13 + 23.53 +0.07%
Nikkei 22,428.92 -87.91 -0.39%
Hang Seng 29,227.49 -111.21 -0.38%
EUR/INR 79.337 +0.29%
USD/INR 68.082 +0.33%
GBP/INR 90.271 +0.29%
Gold 1,268.70 +1.30 +0.10%
Oil 68.36 -0.22 -0.32%
Corn 353.00 -4.25 -1.19%

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