Markets

NEW YORK: World stock markets plunged on Monday (Aug 5) as Beijing parried US President Donald Trump's latest tariff announcements by moving to let the China yuan currency devalue and halting purchases of US agricultural products. The rebuttal sparked Wall Street's worst selloff of the year and ...

Global stocks extended their already substantial losses and the offshore yuan hit an all-time low on Tuesday after Washington designated Beijing a currency manipulator in a rapid escalation of the U.S.-China trade war.

Japan's Fair Trade Commission is investigating Apple Inc over its pressure on Japanese parts makers and whether it abused its position of power in violation of antimonopoly rules, the Mainichi newspaper reported on Tuesday.

WASHINGTON: The US government has determined that China is manipulating its currency and will engage with the International Monetary Fund to eliminate unfair competition from Beijing, US Treasury Secretary Steven Mnuchin said in a statement on Monday (Aug 5). The move brings already tense US ...

It's 10 o'clock at night, and Benjamin Arnold's day is just beginning. The former Goldman Sachs trader is gearing up to trade equities in Asia from his small office thousands of miles away in Park City, Utah.

Sharper losses could be in store for Wall Street.

Automotive supplier Bosch expects sales to stagnate this year, its chief executive told a German newspaper, blaming the worsening outlook in the car industry that has also hurt the company's rivals.

William Ackman's Pershing Square Capital Management has sold its positions in Automatic Data Processing and United Technologies and built a new position in a company whose name has not been disclosed, a source familiar with the matter said on Monday.

The summer sell-off is finally here - and not all U.S. investors are rattled by it.

FEDERAL Reserve Chairman Jerome Powell has not been shy about saying what he's trying to do: prolong the economy's expansion so that it creates more jobs for those who, in the past, have often felt left out. The Fed increasingly sees itself as a social agency dedicated...