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”.
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.
Sembcorp Marine has clinched a more than US$1 billion engineering, procurement and construction contract to build three topsides for the Culzean Field development in the North Sea.
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.
(Repeats story from late on Monday). * June qtr growth 7 pct vs 7.5 pct in March qtr. * Matches China's growth in the same quarter.