Tencent wants to gain foothold in US market

Source: Dukascopy Bank SA
Chinese Internet colossus Tencent Holdings Ltd stated on Monday that it wants to list its unit responsible for online music in the American market, making an IPO worth around $4B.
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Mon, 09 Jul 2018 05:05:42 GMT

Oil prices up amid tight market

Crude oil prices increased by another 0.4% on Monday morning, reaching $74.09 a barrel, as investors concentrated on dense market conditions after the latest American crude inventories release, which dropped to its lowest level in three years.

Mon, 09 Jul 2018 04:11:15 GMT

New Zealand to buy four Boeing P-8 aircraft

The Defence Minister of New Zealand Ron Mark announced on Monday a decision to acquire four Boeing P-8 aircraft worth $1.6B, using the US government as an intermediary.

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