Chinese state media yesterday announced a slew of confessions following probes into recent stock market gyrations, including from a detained reporter who admitted to spreading false information that caused “panic and disorder”.
Shoppers in the UK will now be able to spend up to �30 using contactless cards after the limit was increased. The limit per transaction for the so-called tap and pay cards, which do not require a PIN or a signature to authorise payment, was previously �20.
0132 GMT [Dow Jones] Crude-oil futures fell sharply in early Asian trade Tuesday, giving up most of its overnight gains in volatile trade even as traders braced for large price swings this week.
AP Moeller-Maersk won UK approval for a $4.5 billion ($6.3 billion) development plan for the Culzean natural gas field as the Danish company tries to ramp up output at its energy division.
The dollar retreated against the euro and the yen in August as rising concerns over global growth and inflation moved investors to push back expectations for higher U.S.