International News
US close: Mixed performance on the Street as impeachment proceedings begin
US stocks turned in a mixed performance on Wednesday as investors eyed impeachment proceedings and continued to mull over Sino-US trade developments.
US approves sanctions on Russia-EU gas pipeline
The US Senate has approved a defense bill that will impose sanctions on companies working on Russia’s gas pipeline connecting to Germany.
Trump lashes out at Pelosi and Democrats ahead of impeachment vote
Trump lashed out at Nancy Pelosi and the Democrats who are calling for his impeachment ahead of the vote on Wednesday.
China and Russia suggest lifting UN sanctions on N.Korea
China and Russia proposed late on Monday that the UN Security Council lift some of its sanctions on North Korea, risking heightened tensions with Washington, a draft seen by Reuters on Tuesday revealed.
Asia report: Most markets lower as Brexit risks weigh
Most markets in Asia finished in the red on Wednesday, as investors in the region turned their attention to Europe, where the threat of a no-deal Brexit was once again rearing its ugly head.
US pre-open: Stocks seen muted ahead of impeachment proceedings
US stocks were set for a muted open on Wednesday as investors eyed impeachment proceedings and continued to mull over Sino-US trade developments.
German business sentiment improves more than expected - Ifo
German investor sentiment improved more than expected in December, according to a survey released by the Ifo institute on Wednesday.
Peugeot and Fiat Chrysler agree $50bn merger
Fiat Chrysler and PSA Peugeot have agreed a $50bn merger that will create the world’s fourth-largest car maker by volume.