On Tuesday, the US Dollar touched a sixteen month high level against a basket of currencies. Financial media named a global economic slowdown shown by lower than forecast earnings reports as the main reason for the event.
On Tuesday morning Asian stock indices surged higher. The surge of stock values was mainly attributed to the fact that a top Chinese trade delegation was preparing to visit the US.
The UK consumers constrained spending last month, payments company Visa stated, adding to signs that the country's economy was on track for weaker expansions in the final months of 2018.
Natural gas is anticipated to overtake coal as the second biggest energy source in the world after oil by 2030 amid a drive to diminish air pollution and the rise in LNG use, the International Energy Agency stated.
Total assets of the Bank of Japan rose to $4.87 trillion, the Central Bank's data revealed, surpassing the country's GDP for the first time.
Shares in Asia's assemblers ans suppliers for Apple, including Hon Hai Precision and Pegatron, dropped amid profit warnings that indicated weakness in sales of iPhones.
Foreign direct investment into the Philippines increased 31% to $7.4B from $5.7B in the first eight months of 2018, a government data shows.
The Chinese Vice President Wang Qishan meets with the president of the Massachusetts Institute of Technology L. Rafael Reif in Beijing to discuss cooperation in the technology sector.
Kenya plans to earn $100M in 2018 from tax recovery, Edward Karanja, the senior assistant commissioner of Kenya Revenue Authority, says.
China and Fiji signed a memorandum of understanding on cooperation within the framework of the Belt and Road Initiative, the Chinese Ambassador to Fiji Qian Bo says.
Ukraine plans to deepen cooperation in nuclear energy and other areas with the US, the Ukrainian Prime Minister Volodymyr Groysman says.
The Chinese Vice Premier Liu He meets with the German Foreign Minister Heiko Maas in Beijing to discuss bilateral relations.
On Monday, oil prices jumped by 1%, after Saudi Arabia said that OPEC and its partners seek to cut oversupply by 1 million barrels per day in the next year.
On Monday, the US Dollar rose to its highest level against a basket of major currencies in more than a year, as political risks reignited in Europe.
Jean-Claude Juncker, the EC President, was moderately concerned over Italy's relations with the EU after the Europaen Comission stated that Rome's budget draft for 2019 breached EU budget regulations.
Germany's business software firm SAP agreed to purchase Qualtrics International for $8B in cash with pre-empting a planned IPO by the US-based company specialized in tracking online sentiment.
On Monday, the Netherlands revived its passport and visa services in Pakistan after a brief halt that had been caused due to the circumstances beyond the Dutch government's control, according to the Netherlands' officials.
Group IB, Russia's cybersecurity firm, is set to launch a global headquarters located in Singapore until this year-end or in the beginning of 2019 amid the company's plans on international expansion.
Carl Icahn stated on Monday that VMWare should be valued at $300 a share, on the back of the activist investor's efforts to derail Dell's plans to go public.
On Monday, the Volkswagen CEO Herbert Diess stated that the carmaker was capable to build up to 50M of electric vehicles with the help of its battery procurement plans and EVs platform.
On Monday, Coty announced that Camillo Pane, its Chief Executive Officer, stepped down and would be replaced by the former head of Jacobs Douwe Egberts coffee company, Pierre Laubies.
Italy's FITD, the interbank deposit protection fund, is planning to help Banca Carige to fill its $451M hole in the capital base, sources with a knowledge reported on Monday.
According to a Sky News report, the Daily Mail owner is considering a bid for the Johnston Press' "i" newspaper, after the struggling publisher has announced it is selling itself.
European stock prices declined on Monday. Financial media blamed the lower than forecast earnings being announced by European companies.