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Imports also soar as high oil prices push up bill

Former Australian Prime Minister and Asia Society Global President & CEO says the US and China are in a "stability mode" where they have different national interests but no incentive to immediately ramp up political and trade tensions. (Source: Bloomberg)

Goldman CEO David Solomon said IPO and capital-markets activity remained healthy, while JPMorgan's Jamie Dimon said the bank is tightening some credit terms, as top Wall Street banks reported earnings that failed to impress investors. (Source: Bloomberg)

Saudi Aramco and its local partners have received the first crude cargo for their new refining complex in China, bringing the billion-dollar mega plant a step closer to production.

Passive investing has become the default. It’s not as neutral a choice as it seems.

MI5 chief lists Iran, Russia, AI and terrorists among threats to UK Reuters

The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.

US blockade keeps Iranian crude exports at zero in October, report says Reuters

Number of investors with more than £1mn in their account tops 7,700

Johnson & Johnson leaning toward spinning out hips-and-knees business - WSJ