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Futures rise following turbulent week; U.S. inflation in focus

(Reuters) - U.S. stock index futures rose on Monday after a rough week when elevated bond yields pressured rate-sensitive stocks, with all eyes...

Analysis-Yuan loses core support as firms leave China

By Samuel Shen and Tom WestbrookSHANGHAI/SYDNEY (Reuters) - Since China opened to foreign investment in 1978 under Deng Xiaoping, global firms have ploughed...

Saudi Arabian oil giant Aramco reports $30B in Q2 profits, down nearly 40% from last year

DUBAI, United Arab Emirates (AP) — Saudi state-run oil giant Aramco said Monday that it made $30 billion in profit in the second...

Record Number of China LGFVs Overdue on Short Debt

(Bloomberg) -- China’s local government financing vehicles are showing more signs of stress, with a record number missing payments on a popular type...

Paytm Founder to Take Control From Ant Without Paying Any Cash

(Bloomberg) -- Paytm founder Vijay Shekhar Sharma will acquire a 10.3% stake from China’s Ant Group Co., in an unusual transaction that will...

China’s exports likely contracted further in July, imports downturn seen slowing: Reuters poll

By Joe CashBEIJING (Reuters) - China's exports likely contracted further in July, as manufacturers in the world's second-largest economy struggled for buyers in...

Exclusive-Credit Suisse Hong Kong investing banking job cuts, targeting 80%, start this week -sources

By Selena LiHONG KONG (Reuters) -Around 80% of Hong Kong-based investment banking staff at Credit Suisse will be laid off and the cuts...

Trucker Yellow Goes Bankrupt After Debt, Labor Woes Pile Up

(Bloomberg) -- Yellow Corp. filed for bankruptcy and will remain shuttered after the trucking firm’s long-running financial woes were compounded by a dispute...

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