- Straits Times Index3,238.86+0.22%
- Nikkei23,303.32+0.70%
- Hang Seng26,326.66+0.01%
- FTSE 1007,302.94+0.14%
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- S&P 5003,120.46+0.77%
- Dow28,004.89+0.80%
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- Crude Oil57.93+2.04%
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- Jakarta Composite Index6,128.35+0.48%
- PSE Index7,932.96-0.01%
AFP NewsHK activist urges Germany to halt Chinese army training
Hong Kong democracy activist Joshua Wong urged Germany Sunday to stop military training assistance to China after its troops appeared in the protest-hit Asian financial hub, a German daily reported. In a rare and highly symbolic troop movement, the plainclothes soldiers briefly left their Kowloon barracks
- Reuters
Maduro says dollar transactions in Venezuela are an 'escape valve'
The official currency, the bolivar, has depreciated more than 90% this year, while hyperinflation in the first nine months of the year clocked in at 4,680%, according to the central bank. The runaway inflation has reduced the purchasing power of the minimum wage, which together with food assistance,
- Reuters
HP rejects Xerox's $33.5 billion offer to buy the company
"In reaching this determination, the Board also considered the highly conditional and uncertain nature of the proposal, including the potential impact of outsized debt levels on the combined company's stock", HP said, adding it had also taken note of Xerox's annual revenue decline in
- Associated Press
HP rejects takeover offer from Xerox
HP Inc. says its board has rejected a roughly $33.5 billion takeover offer from Xerox. The Palo Alto, California-based company said Sunday that the cash and stock deal undervalues its business and its board cited concerns about “outsized” debt levels should the companies combine. HP, which makes computers
- Reuters
Renault to have CEO shortlist soon but not in rush - Sueddeutsche Zeitung
Renault will have soon drawn up a shortlist of candidates for chief executive officer but there is no rush, the French carmaker's chairman told a German newspaper. Renault ousted chief executive Thierry Bollore in October as the carmaker and its Japanese partner Nissan have tried to rekindle their
- Reuters
Renault to have CEO shortlist soon but not in rush: Sueddeutsche Zeitung
Renault will have soon drawn up a shortlist of candidates for chief executive officer but there is no rush, the French carmaker's chairman told a German newspaper. Renault ousted chief executive Thierry Bollore in October as the carmaker and its Japanese partner Nissan have tried to rekindle their
- Oilprice.com
U.S. Shale Growth To Flatline Within 2 Years
Despite U.S. shale growth hitting an all-time high earlier this year, the red flags are waving, with analysts suggesting that production could peak in less than 2 years
AFP NewsAramco declares $1.71 trillion valuation in blockbuster IPO
Saudi Arabia on Sunday put a value of up to $1.71 trillion on energy giant Aramco in what could be the world's biggest IPO, but missed Crown Prince Mohammed bin Salman's initial target of $2 trillion. Aramco said it would sell 1.5 percent of the company in a blockbuster initial public offering
- Oilprice.com
Megamerger Could Create The Next Deepwater Oil Giant
Offshore oilfield service companies Saipem and Subsea 7 could be considering a merger, a deal that would create a new deepwater drilling giant
- Yahoo Finance
Americans are choosing not to retire — but not for the reasons you think
According to a new survey, most Americans plan to continue working in retirement.
- Reuters
UK PM sets out immigration plans as Conservatives hit two-year poll high
British Prime Minister Boris Johnson set out plans on Sunday to end preferential treatment for European Union migrants, as opinion polls showed his Conservative Party has the highest level of support since 2017 ahead of next month's election. The Dec. 12 election was called to break the deadlock
- Engadget
mTiny robot review: Screen-free coding for kids
My five- and seven-year-old constantly fight over who gets the iPad first. We have one, and they get to use it in tiny doses, usually when I'm at my wit's end. Their favorite app? ScratchJr, MIT's go-to coding tool for kids. They like to code. No. They love to code, like the good little 21st-century
Reuters VideosAramco IPO range values Saudi oil giant at up to $1.7 trillion
It's the world's most profitable company- and it could be the world's biggest IPO. Saudi Aramco was valued at $1.7 trillion on Sunday (November 17), based on the IPO price range set by the oil giant. That's below the $2 trillion touted by Crown Prince Mohammed
- Reuters
French lottery operator IPO draws retail investors - minister
The initial public offering (IPO) of French lottery operator Francaise des Jeux (FDJ) has proved a "popular success", drawing subscriptions from retail investors worth 1 billion euros ($1.10 billion), the finance minister said on Saturday. The government began the sale of its majority stake
- Reuters
Croatian police fire on illegal migrants near Slovenian border
Croatian police fired on a group of illegal migrants trying to reach neighboring Slovenia late on Saturday, leaving one man critically injured, officials in the northern Adriatic town of Rijeka said. Croatian Interior Minister Davor Bozinovic told reporters that the group was probably trying to cross
- Reuters
Turkish authorities capture Syria bomb attack suspect
Turkish authorities have captured a Syrian Kurdish YPG fighter suspected of a car bomb attack in the northern Syrian town of Al-Bab a day earlier, which killed 18 people and wounded 30 others, Turkey's defense ministry said on Sunday. The ministry said on Saturday that the car bomb was carried out
- Yahoo Finance
Fracking pioneer Aubrey McClendon 'may have been running a Ponzi scheme, but he believed'
From Yahoo Finance comes a podcast about the rise and fall of Aubrey McClendon an American businessman who died by suicide after being indicted in 2016, and the problematic financial foundation of fracking.
Australian Minister and Senator Comment on ACY Securities.
Read our 1-on-1 interview with Justin Pooni and discover why ACY Securities is one of the hottest multi-asset brokers in Australia right now.
FOMC minutes, retail earnings — What to know in the week ahead
Investors will be monitoring the Federal Open Market Committee (FOMC) October meeting minutes and retail earnings this week.
- FX Empire
AUD/USD and NZD/USD Fundamental Weekly Forecast – Trade Deal Optimism Likely to Underpin Aussie, Kiwi
Aussie and Kiwi traders are going to continue to make adjustments to their positions in reaction to the chances of further rate cuts by the RBA and RBNZ, respectively. However, most eyes will be on the progress of the trade talks.
- Reuters
French lottery operator IPO draws retail investors - minister
The initial public offering (IPO) of French lottery operator Francaise des Jeux (FDJ) has proved a "popular success", drawing subscriptions from retail investors worth 1 billion euros ($1.10 billion), the finance minister said on Saturday. The government began the sale of its majority stake
- The Guardian
Saudi Aramco valuation falls below $2tn target
Saudi Aramco valuation falls below $2tn targetWorld’s most profitable company names IPO share price bracket, valuing itself at up to $1.7tn The Saudi Aramco oil facility in Abqaiq, Saudi Arabia. Photograph: Maxim Shemetov/Reuters
- FX Empire
USD/JPY Fundamental Weekly Forecast – Unless US-China Officials are Lying, the Week Begins with ‘Cautiously Bullish’ Tone
Hopes that the United States and China may soon end their trade war after a pair of high-ranking White House officials drove down demand for the safe-haven Japanese Yen on Friday. This move could continue this week if the optimism prevails.
- Reuters
Russia flags possible 2019 summit on eastern Ukraine
A summit between France, Germany, Russia and Ukraine to try to resolve the conflict in eastern Ukraine is possible this year but no date has been agreed, a Kremlin aide said on Sunday. France said on Friday that the so-called Normandy summit will take place in Paris on Dec. 9, but Moscow has not confirmed
- Reuters
UK Conservatives: No more preferential treatment for EU migrants after Brexit
British Prime Minister Boris Johnson's Conservatives said on Sunday they would end preferential treatment for European Union migrants from January 2021 if they win an election next month. The level of immigration and concerns over the pressure this puts on public services was a major driver behind
