Business
Xiaomi puts indefinite delay on CDRs in blow to China's plans for tech listings
HONG KONG Chinese smartphone maker Xiaomi Corp said on Saturday there is no time frame for a mainland share offering, casting doubt on Beijing's efforts to lure foreign-listed Chinese tech giants back home.
Recent Business News
OPEC agrees modest hike in oil supply after Saudi and Iran compromise
VIENNA OPEC agreed on Friday on a modest increase in oil production from next month after its leader Saudi Arabia persuaded arch-rival Iran to cooperate, following calls from major consumers to curb rising fuel costs. | Video
South Korean steelmaker POSCO names head of Posco Chemtech as candidate for next leader
SEOUL South Korean steelmaker POSCO on Saturday selected Choi Jeong-woo, the head of affiliate Posco ChemTech, as its final candidate to lead the company.
Big Oil eyes U.S. minority groups to build offshore drilling support
WASHINGTON The largest U.S. oil and gas lobby group is seeking to convince Hispanic and black communities to support the Trump administration's proposed expansion of offshore drilling, arguing it would create high paying jobs, including for storm-displaced Puerto Ricans.
Bitcoin falls to four-month low in persistent bearish trend
NEW YORK Bitcoin dropped to a more than four-month low on Friday, continuing a downtrend after more negative headlines such as Japan's financial regulator ordering six digital currency exchanges to make improvements on their anti-money laundering systems.
VW may seek damages from ex-CEO Winterkorn over dieselgate
FRANKFURT Volkswagen is reviewing whether to seek damages from former Chief Executive Martin Winterkorn, who was at the helm when it emerged the carmaker had cheated on emissions tests, supervisory board member Stephan Weil told a newspaper.
Keeping Score podcast
Markets
- U.S.
- Europe
- Asia
- Sectors
| DOW | 24,580.89 |
+
119.19 |
+0.49% |
| S&P 500 | 2,754.88 |
+
5.12 |
+0.19% |
| NASDAQ | 7,692.82 |
-20.14 |
-0.26% |
| TR US Index | 246.47 |
+
0.40 |
+0.16% |
Sector Summary
| Energy |
+2.67%
|
| Basic Materials |
+1.09%
|
| Industrials |
+0.29%
|
| Cyclical Goods & Services |
-0.06%
|
| Non-Cyclical Goods & Services |
+0.85%
|
| Financials |
+0.12%
|
| Healthcare |
+0.37%
|
| Technology |
-0.41%
|
| Telecoms |
+0.69%
|
| Utilities |
+0.63%
|