The unwillingness of the top four U.S. banks to lend cash combined with a burst of demand from hedge funds for secured funding could explain a recent spike in U.S. money market rates, the Bank for International Settlements said.
Britain's biggest retailer, Tesco , has signaled a further retreat from its once lofty global ambitions by starting a review of its remaining Asian businesses, which could result in a sale of those Thai and Malaysian operations.
Japan's markets watchdog will likely recommend soon that the financial regulator fine Nissan Motor Co Ltd about 2.4 billion yen ($22 million) over false reporting on its financial statement, public broadcaster NHK reported on Sunday.
China's exports in November shrank for the fourth consecutive month, underscoring persistent pressures on manufacturers from the Sino-U.S. war but growth in imports may be a sign that Beijing's stimulus steps are helping to stoke demand.
China's iron ore imports fell for a second straight month in November, customs data showed on Sunday, as lower shipments from top miners in Australia and Brazil overshadowed firm demand for the steelmaking ingredient at mills.
U.S. and Mexican negotiators are "very close" to finalizing the United States-Mexico-Canada Agreement, a Washington-based source familiar with the talks said on Saturday, after a top Mexico official said the two sides had made progress on the trade deal.
China's trade surplus with the United States for November stood at $24.60 billion, Reuters calculation based on Chinese customs data showed on Sunday, easing from the previous month's surplus of $26.45 billion.
Institutional Shareholder Services said on Friday it recommends shareholders vote against a plan by the chairman of Hudson's Bay Co to take the Saks Fifth Avenue owner private after the bid was topped by an offer from Catalyst Capital Group Inc.
Swedish mobile telecoms company Ericsson has agreed to pay over $1 billion to resolve probes into corruption, including the bribing of government officials, the U.S. Department of Justice said on Friday.
Carmaker Fiat Chrysler has lodged an appeal with Europe's top court against an EU order to pay 30 million euros ($33 million) in Luxembourg back-taxes, seeking to overturn a lower tribunal ruling backing EU antitrust regulators.
Tesla Inc boss Elon Musk emerged victorious on Friday from a closely watched defamation trial as a federal court jury swiftly rejected the $190 million claim brought against him by a British cave explorer who Musk had branded a "pedo guy" on Twitter.
Mexico's deputy foreign minister for North America, Jesus Seade, said on Friday that negotiators made "good progress" to close the United States-Mexico-Canada Agreement (USMCA) trade deal, but many elements remained to be resolved.