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Trade asian news

Ruxandra Iordache - Dan Murphy - Oil market 'oversold'? Analysts and traders pin crude's price plunge on demand, trading strategies - cnbc.com

Oil market 'oversold'? Analysts and traders pin crude's price plunge on demand, trading strategies

Oil prices defied the announcement of extended supply cuts from the OPEC+ alliance with brisk declines, with analysts and traders faulting certain trading strategies and the demand picture for the downturn.  

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Wang Yi - Recep Tayyip Erdogan - Turkey urges Chinese authorities to protect the cultural rights of minority Muslim Uyghurs - apnews.com - China -  Beijing - region Xinjiang - Turkey

Turkey urges Chinese authorities to protect the cultural rights of minority Muslim Uyghurs

ANKARA, Turkey (AP) — Turkey’s foreign minister has urged Chinese authorities to protect the cultural rights of minority Muslim Uyghurs in China’s western Xinjiang province and allow them to “live their values,” a Turkish official said Wednesday.

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Narendra Modi - Karen Gilchrist - European markets close lower as positive momentum falters; UniCredit down 4% - cnbc.com - India - county Pacific - Germany - Denmark - Italy

European markets close lower as positive momentum falters; UniCredit down 4%

European markets closed lower Tuesday, as positive momentum from the past few days faltered.

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Alex Sherman - Chris Maccarthy - David Ellison - Shari Redstone - Bob Bakish - Paramount leadership team outlines job cuts, streaming JV plans at annual meeting - cnbc.com -  Redbird

Paramount leadership team outlines job cuts, streaming JV plans at annual meeting

The current leadership of Paramount Global presented a go-forward plan at the company's annual shareholder meeting Tuesday in the event a sale of the company doesn't happen.

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India’s stock market dips as expectations of Modi landslide recede - aljazeera.com - India -  Mumbai

India’s stock market dips as expectations of Modi landslide recede

Selloff comes after polls predicting large majority for National Democratic Alliance sent stocks to all-time highs.

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Alex Travelli - India’s Stock Market Tumbles on Close-Run Election Result - nytimes.com - India -  Mumbai

India’s Stock Market Tumbles on Close-Run Election Result

Traders in Mumbai started the day with a shock as India began tallying votes from a seven-week election and it became clear that the government of Narendra Modi was not doing nearly as well as expected. By the end of trading on Tuesday, the markets were down 6 percent, nearly wiping out the year’s gains.

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Yoon Suk Yeol - South Korea's Yoon approves vast gas and oil exploration - asia.nikkei.com - South Korea -  Seoul

South Korea's Yoon approves vast gas and oil exploration

SEOUL (Reuters) -- South Korean President Yoon Suk Yeol gave the green light on Monday to conduct exploratory drilling for potentially vast oil and gas prospects found off the east coast of the nation that is one of the world's largest energy importers.

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Nikkei staff writer - 3 reasons thriving Komatsu still trails Caterpillar in market value - asia.nikkei.com - Japan -  Tokyo

3 reasons thriving Komatsu still trails Caterpillar in market value

TOKYO -- Komatsu is on a roll. The Japanese construction machinery maker has posted two straight years of record profits, while its share price recently hit an all-time high.

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