Oil climbs, lifted by U.S.-China trade deal hopes, OPEC cutsOil prices rose on Thursday, buoyed by a potential breakthrough in the Sino-U.S. trade war and OPEC-led efforts to constrain supply, although trading was quiet as many markets were in holiday mode.
from Reuters: Business…Read More
Indian IPOs fall to four-year low as economy faltersIndian initial public offerings tumbled to a 4-year low by value in 2019 as the economy slowed, but some analysts are hoping for better in 2020 on the back of potential government reforms likely to boost stock markets.
f…Read More
Emerging market stocks were laggards in the past decadeDespite a strong start to this decade in 2010, emerging market stocks underperformed developed market peers and were weighed down by events such as the Chinese market sell-off, debt crises in Turkey and Argentina and the Sino…Read More
China Southern Air Holding sets up one billion yuan cargo companyChina Southern Air Holding, the parent of China Southern Airlines , has set up a cargo company with registered capital of 1 billion yuan ($143 million), as it looks to consolidate its air cargo assets through state-led reform…Read More
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