US shares regained some of its lost positions on Wednesday, as gains in bank and energy stocks led the pullback.
Hyundai Motor flagged another year of tepid growth in car sales after a slow 2018, indicating that trade protectionism added uncertainty, while the main markets such as China and the US remained sluggish.
The manufacturing sector of Mexico contracted for the second straight month in December, affected by declining business sentiment, a survey revealed.
A significant part of new car sales in Norway were related to electric cars, reaching a new record, as the country strives to end fossil-fuelled car's sales by 2025.
The EZ manufacturing activity barely grew at the end of last year in a wide slowdown, according to the survey, showing a scant sign for optimism in the begging of 2019.
Wednesday's trading session in the US started with a decline by the top stock indices. The losses ranged from 1.15% to 1.93%.
On Wednesday, it was revealed that the growth of the Canadian manufacturing sector in December was the slowest during a two year period.
On Wednesday, the Brazilian President Jair Bolsonaro gave Brazil's Ministry of Agriculture power to decide on lands claimed by the indigenous people.
After brutal 2018, global stocks market began the New Year on a decline, bond yields and crude oil prices edged lower, while the Yen strengthened on Wednesday.
On Wednesday, the Japanese currency strengthened sharply across the board, as global economic growth concerns curb risk appetite.
On Wednesday, crude oil prices hit about $53 per barrel, as the pressure of oversupply and economic worries weaken demand.
On Wednesday, the Foreign Secretary of the United Kingdom announced that the Prime Minister of the country will manage to push her Brexit deal through parliament.
The Chinese car sharing company Didi announced on Wednesday that the company will launch new credit and crowdfunding services.
The Markit PMI for the manufacturing sector in Germany was released on Wednesday. It revealed that growth has slowed down in the sector.
On Wednesday, it was announced that Indian state owned fuel retail companies are no longer setting a one rupee cut on prices that was mandated by the government.
Despite financial media stating that growth slowdown fears caused a decline of European stocks, Asian stock indices surged on Wednesday.
European stock indices started the year with a decline. Financial media blamed fears of a slowdown of global growth.
Philippine inflation is seen easing to its six-month low in the previous month on slowing fuel and food prices, raising the possibility for the country's central bank to leave the policy rates unchanged for 2019.
Playtech, the gambling software company, is set to pay €28M under the settlement with Israel's tax authorities after its accounts' audit for the 2008-2017 years, the firm stated on Wednesday.
Israel Aerospace Industries, the state-owned defence contractor, has launched talks with the local drone producer Aeronautics, seeking to make an investment in the company.
Britain's Ophir Energy has entered talks with Indonesia's Medco Energi unit over a potential all-cash acquisition offer, having a market valuation worth $321.41M.
Zijin Mining Group, China's gold miner, is planning to sell about $1.2B worth of Shanghai new shares to the Chinese investors to fund its acquisition of the Canadian firm Nevsun Resources.
On Monday, the Israeli banking regulator stated it was set to approve the Bank Leumi's credit card unit, Leumi Card, sale to Warburg Pincus, after finding the deal "fit and proper".
On Monday, Faraday Future, China's electric vehicle developer, announced it had clinched a new restructuring deal with its main investor Evergrande Health Industry Group's unit, ending a legal dispute and clearing the way for raising funds.