Dollar drops on North Korea fears, offsetting wage data boost
NEW YORK (Reuters) - The U.S. dollar tumbled on Friday on a report that North Korea is preparing to test a long-range missile, overturning earlier gains after the government’s jobs report for September showed an unexpected rise in wages.
Saudi says 'flexible' on Russian idea to extend oil cuts to end-2018
MOSCOW (Reuters) - Saudi Arabia made no firm pledge on Thursday to extend a deal between OPEC, Russia and other producers on cutting supplies but said it was “flexible” regarding Moscow’s suggestion to prolong the pact until the end of 2018.
Special Report: Chaos and hackers stalk investors on cryptocurrency exchanges
Dan Wasyluk discovered the hard way that trading cryptocurrencies such as bitcoin happens in an online Wild West where sheriffs are largely absent.
Commerce Secretary Ross tells China to guarantee fairness for U.S. firms
U.S. Commerce Secretary Wilbur Ross said China needed to “guarantee fair and reciprocal treatment for U.S. firms” as he tried to strike an upbeat tone on a visit to Beijing amid trade tensions between the two countries.
China Unicom's $12 billion ownership-reforms plan mired in confusion
Telecoms group China Unicom's $11.7 billion ownership-reforms plan, billed as a model case for revitalizing Chinese state firms with private capital, remained under a cloud on Friday, with confusion about fundraising details persisting.
Exclusive: China's CEFC in early talks to buy Rosneft stake - sources
CEFC China Energy, which has grown from a niche oil trader to a sprawling energy conglomerate, is in talks to acquire a stake in Russian state oil giant Rosneft (ROSN.MM), three people with direct knowledge of the discussions said.
Alibaba beats on earnings as e-commerce remains core revenue driver
Alibaba, China's top e-commerce firm, beat analyst estimates with a 56 percent rise in first-quarter revenue, driven by strong online sales.
World stocks shrug off slowing China trade growth to hit record
Global stocks inched up to a new record high on Tuesday, shrugging off weaker-than-expected Chinese trade data that clouded an otherwise bright outlook for global growth.
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