flash-finance

Asian tech stocks slumped, as investors used Samsung Electronics Co.’s results to lock in profits on a stellar year-to-date chip rally, rotating into unloved sectors less prone to earnings shocks.

China’s central bank announced a slew of measures aimed at enhancing Hong Kong’s role in promoting overseas use of the yuan as well as boosting the city’s financial connectivity with the mainland.

China giveth and China taketh away. Beijing managed to do both these things at once in its response to the Strait of Hormuz oil shock. By massively reducing its imports of crude, it gave to the world, becoming the “invisible hand” that stopped prices from reaching $200 a barrel. But what if much of

Future of indebted group is a potentially expensive issue for UK’s presumptive next prime minister

Saudi oil price cut unlikely to convince sated Asia buyers, traders say Reuters

Solstice CEO says Wall Street misread ESI acquisition after 15% stock drop

Oil prices gain as focus shifts to supply recovery and demand Reuters

The European Central Bank is navigating an uncertain economic situation even as the US and Iran move closer to a lasting peace deal, according to Governing Council member Fabio Panetta.

Samsung profit soars 19 times but shares slump 9% on oversupply worries

Trading Day: Chips bounce back, oil eases Reuters