The Trump administration notified Huawei suppliers, including chipmaker Intel, that it is revoking certain licenses to sell to the Chinese company and intends to reject dozens of other applications to supply the telecommunications firm, people familiar with the matter told Reuters.
Asian share markets retreated from highs on Monday as disappointing news on U.S. consumer spending tempered risk sentiment ahead of a closely-watched reading on the health of the Chinese economy.
A South Korean court will sentence Samsung Electronics Co Ltd heir Jay Y. Lee on a bribery charge on Monday, a ruling likely to have ramifications for his leadership of the tech giant as well as South Korea's views toward big business.
Oil prices fell on Monday, extending losses that last week ended a rally driven by production cuts and strong Chinese demand, with the market's recovery outlook being called into question as coronavirus infections rise.
Google said on Sunday that antitrust claims in a Texas lawsuit were "misleading," responding in a blog post as state attorneys general plan suits against the Alphabet Inc unit.
Facebook Inc said on Saturday it will ban advertisements for weapon accessories and protective equipment in the United States with immediate effect until at least two days after U.S. President-elect Joe Biden's inauguration on Jan. 20.
Canada's Industry Minister François-Philippe Champagne spoke to Alimentation Couche-Tard founder Alain Bouchard and assured him of support for Canadian businesses, after the company dropped plans to buy European retailer Carrefour SA, the minister said in a tweet on Sunday.
| S&P » | 3,768.25 | -0.72% |
| Dow » | 30,814.26 | -0.57% |
| FTSE 100 » | 6,735.71 | -0.97% |
| Nikkei 225 » | 28,305.20 | -0.75% |
| US 10YR |
+1.087
|
+0.000 |
| DE 10YR |
-0.542
|
+0.000 |
| JP 10YR |
+0.050
|
+0.019 |
| USD / EUR » | 0.8280 | +0.06% |
| USD / GBP » | 0.7362 | +0.05% |
| USD / JPY » | 103.6900 | -0.12% |