On Thursday, it was announced that the global oil market share held by OPEC has decreased to 30%. The decline has occurred due to increase of production in Iran and Venezuela.
The German private sector has continued to underperform this month as the manufacturing recession hampered, while the services sector's activity eased slightly, marking a possibility that the EU biggest economy is moving towards recession.
The Italian President Sergio Mattarella is seeking political parties to agree on a deal to establish a new government during the next couple of days to avoid early elections, an official source reported on Thursday.
Splunk, the data analytics software developer, announced its acquisition of the privately-owned cloud software firm SignalFx in a cash0and-stock deal valued at around $1.05B, sending Splunk's shares 7.4% up to $137.99.
South Korea's senior official stated on Thursday that North Korea and the United States were expected to resume their denuclearisation negotiations in the nearest time, raising hopes for a progress in talks after a stalemate.
On Thursday, crude oil prices edged higher after a decline in the US crude inventories. Brent crude futures were up $60.36 a barrel by 0242 GMT, while the US WTI crude rose to $55.78 per barrel.
The US Dollar held gains against a basket of major currencies on Thursday after the US Federal Reserve's policy minutes tempered interest rate cut expectations.
According to the US nonpartisan Congressional Budget Office, higher tariffs are expected to reduce real income for the average US household and would shave 0.30% from the US gross domestic by 2020.
The US Securities and Exchange Commission voted 3-2 on Wednesday to release new guidance on shareholder proxy advisers.
FitBit Inc has signed a contract with Singapore's government to supply its fitness trackers and other services to about 1M of the country's citizens free of charge, but on a condition that new users will pay 10 Singapore dollars a month for one year, in the company's health initiative that starts in October.
Noble Group Holdings plans to rebuild its LNG and core energy businesses, as the company aims to develop rare earths, seeking a new life as the Asia-focused commodity trader, Reuters reported on Wednesday.
On Wednesday, Amazon.com has launched its world's largest campus located in India, underscoring the company's expansion plans in one of its rapidly growing overseas markets.
The Chinese auto giant Geely Automobile Holdings reported on Wednesday its net profit dropped 40% in the first half due to continuous downturn in the largest auto market in the world, expecting an uncertain forecast for car demand until the next year.
Alibaba Group Holding, China's largest e-commerce company, has postponed its up to $15B Hong Kong listing due to rising political unrest in the country, sources reported on Wednesday.
Goldman Sachs is seeking a majority control of the China joint venture ahead of the Asian country's plan to allow international companies full control, the bank stated on Wednesday.
On Wednesday, representatives of South Korea and Japan announced the need to repair ties that were hurt by trade and wartime compensation disputes.
On Friday, the Central Bank of Sri Lanka will make an interest rate announcement. The bank is expected to keep rates unchanged.
On Wednesday, crude oil price benchmarks fluctuated above $60 per barrel. The surge was attributed to a decline in US oil inventories.
During Wednesday's European trading session, European stock indices surged. The move was attributed to upcoming monetary and fiscal stimulus programs.
On Wednesday, it was announced by Reuters that Alibaba is postponing its intended $15 billion stock listing in Hong Kong.
On Wednesday, European stocks rebounded from yesterday's trading session sharp falls after Renault SA and Fiat Chrysler Automobiles agreed to continue merger talks.
Citigroup and BNP Paribas declined to comment about their possible involvement in the US criminal lawsuit against the Chinese Huawei Technologies Chief Financial Officer.
On Wednesday, Olaf Scholz, the German Finance Minister stated he saw no sign of Italian political upheaval triggering the Euro zone crisis.
The US President Donald Trump has cancelled his visit to Denmark planned for the beginning of September after the Danish Prime Minister Mette Frederiksen rebuffed the idea of buying Greenland.