Month of bond market milestones: How low can you go?
August has turned out to be another month of milestones for bond markets as an escalating trade conflict fans recession fears, pushing borrowing costs deeper and deeper into negative territory.
August has turned out to be another month of milestones for bond markets as an escalating trade conflict fans recession fears, pushing borrowing costs deeper and deeper into negative territory.
World stocks rose to a one-week high on cautious hopes for a rapprochement on trade between Beijing and Washington on Friday, though a perky dollar capped gains with China's yuan softening again, on track for its weakest month in 2-1/2 decades.
Oil gave back some of its recent gains on Friday, but was still headed for the biggest weekly increase since early July, boosted by a decline in U.S stocks, a looming hurricane in Florida and an easing of Sino-U.S. trade rhetoric.
Malaysia's flagship budget airline AirAsia Group Bhd slashed its plans for Airbus SE A330neo orders by nearly two-thirds to 12, but said it would order 30 of the new long-range A321XLR narrowbodies.
Japan's Toyota will not build cars at its British factory the day after Britain leaves the European Union as part of plans to handle any disruption from a potentially disorderly Brexit.
Megan Helsel, a kayaking wildlife specialist, has her dream job, and T'angelo Magee is making headway toward his, a commercial pilot. Both say work is central to their identity. Both are disabled.
Boeing Co needs to reorganize its engineering reporting lines company-wide and ensure higher ranking officials, including its CEO, get faster feedback about potential safety concerns from lower levels of the company, according to an internal review at the U.S. planemaker following two recent fatal crashes.
U.S. food company Campbell Soup Co said on Friday quarterly sales rose 2%, helped by demand for its soups and snacks.
By Rania El Gamal, Alex Lawler, Marwa Rashad and Hadeel Al Sayegh
China will exempt 16 Tesla Inc electric vehicle (EV) models from purchase tax, the Ministry of Industry and Information Technology said in a statement on its website.
Denmark's financial watchdog said on Friday it had reported Danske Bank to the police for overcharging customers, the latest blow to the lender as it tries to restore trust after involvement in a major money laundering scandal.
U.S. President Donald Trump, who is engaged in a trade war with Beijing, said on Friday that American automaker General Motors had opened major plants in China before he took office and should begin moving its operations back to the United States.
U.S. food company Campbell Soup Co reported better-than-expected fourth-quarter profit, benefiting from cost cuts, sending shares up 5% before the bell.
China will exempt Tesla Inc's electric vehicles (EV) from purchase tax, the Ministry of Industry and Information Technology (MIIT) said on its website.
U.S. stocks index futures rose on Friday, as investors took comfort from signals that the United States and China will resume trade talks.