Business & Financial News, U.S & International Breaking News

Share markets turned mixed in Asia on Monday amid conflicting signals on the prospects for a truce in the Sino-U.S. trade dispute, while the Federal Reserve's newly-found concerns over the global economy constrained the dollar.

Nissan Motor Co Ltd Chairman Carlos Ghosn is to be arrested by Tokyo prosecutors for alleged violation of Japan's financial instruments and exchange act, the Asahi newspaper reported on Monday on its website.

Shares of cash-rich firms in Asia have weathered this year's sell-off in much better shape than key stock indexes, a Reuters analysis showed, reinforcing views that investments in companies with strong finances safeguard returns during market crises.

Oil prices rose by around 1 percent on Monday amid expectations that top exporter Saudi Arabia will push producer club OPEC as well as perhaps Russia to cut supply toward year-end.

Hector Beltran Leyva, a Mexican drug lord whose cartel earned a reputation as one of the country's most vengeful and ruthless, died late on Sunday in hospital of cardiac arrest after being transferred from jail with chest pain, Mexican authorities said.

The Chinese-speaking world's version of the Oscars, the Golden Horse Awards, has created a sharp political divide between film stars and directors as the annual event becomes a lightning rod for questions about Taiwanese independence.