TOKYO Asian stocks sagged on Monday after top Federal Reserve officials kept the door open for an interest rate hike in September and investors braced for China economic data this week.
BEIJING - Not long ago, global markets were fixated on a nation in the throes of financial upheaval. Its equities markets were crumbling, its debts sky-high.
Oil halted its advance after the biggest two-day gain since 2009 as U.S. drilling activity sustained its increase. Futures slid as much as 1.6 percent in New York, poised for a third monthly decline.
Italian energy company Eni SpA said yesterday it had discovered a "supergiant" natural gas field off Egypt, describing it as possibly one of the largest in the world.
TOKYO Japan's Suzuki Motor Corp (7269.T) said on Sunday it would buy back the 19.9 percent stake it sold to Volkswagen AG (VOWG_p.