Von der Leyen nominated as first female Commission chief but faces resistance in parliament

OPEC agreed on Monday to extend oil supply cuts until March 2020 as the group’s members overcame their differences in order to prop up the price of crude amid a weakening global economy and soaring U.S. production

Semiconductor shares lead rally after Donald Trump signals softer stance on Huawei

5G will contribute almost US$900 billion to Asia's economy over the next 15 years, according to the Global System for Mobile Communications Alliance (GSMA) during the Mobile World Congress (MWC) held from June 26 to 28 in Shanghai

Shift comes despite threat of more US tariffs on Chinese electronics imports

US president says ‘no rush’ in dealing with Iran a day lashing out at allies

U.S. President Donald Trump made clear on Friday his priority at a summit of Group of 20 leaders was trade deals to boost the U.S. economy, as other leaders such as China’s Xi Jinping warned against protectionism and its threat to the global economy

Kazakh President Kassym-Jomart Tokayev said he’ll write off bad loans held by as much as a sixth of the central Asian country’s population, while signaling a sharp change in policy to end costly state bailouts of private banks

FSB chair Quarles calls for co-ordinated action on digital coins such as Libra

Delivery giant, caught in U.S.-China feud, says it cannot police shipments

China would like to make joint efforts with all parties to safeguard multilateralism and deal with global challenges at the upcoming G20 summit to be attended by President Xi Jinping, a senior diplomat said Monday

Facebook’s full-frontal assault on finance

Dollar weakens and bond yields drop, while commodities prices jump

Fed’s chairman did little to alter the impression that it was prepared to cut interest rates for the first time in more than a decade

US central bank’s stance contrasts with widespread market expectations of a cut