The declines come just days before China celebrates the Lunar New Year, a typically strong season for traveling and consumer spending.
Tesla Inc's stock jumped nearly 5 per cent on Wednesday, closing at a record $492.14 per share and elevating its market capitalization to almost $89 billion, or $2 billion larger than the sum of General Motors' and Ford's respective market caps of $50 billion and $37 billion.
Saudi Aramco opened at 34 riyals ($9.06), its lowest since it began trading on Dec. 11, putting the market value of the company at around $1.8 billion, down from a peak of $2.06 trillion on Dec 12.
The report raises further questions about how China will meet a target of spending billions of dollars more on US agricultural goods as the two countries look to reach an initial agreement to calm an extended trade war.
Iranian Major-General Qassem Soleimani, head of the elite Quds Force and top Iraqi militia commander Abu Mahdi al-Muhandis were killed early on Friday in a US air strike on their convoy at Baghdad airport, the Pentagon said.
The Nikkei share average ticked down 0.20% to 23,782.87 while the broader Topix lost 0.39% to 1,721.42, with 34 shares declining for every 10 gainers. Nissan Motor fell 3.1% to a low last seen in September 2011 after Jun Seki, its vice chief operating officer and a former contender for CEO, said he was leaving the firm to become the president of Nidec Corp.
The deal presented to Trump by trade advisers Thursday included a promise by the Chinese to buy more US agricultural goods, according to the people familiar with the matter.
Bitcoin slumped to a six-month low on Friday after China's central bank launched a fresh crackdown on cryptocurrency
The National Bureau of Statistics said Friday the revision reflects more complete measures of the services sector and assets. It raises the possibility China’s communist leaders will attain their target of doubling the country’s GDP between 2010 and 2020.
With a Hong Kong listing in sight, Alibaba will challenge Tencent Holdings Ltd. for the title of the largest listed corporation in the city.
Aramco will sell just 1.5 per cent of its shares on the local stock exchange, about half the amount that had been considered, and seek a valuation of between $1.6 trillion and $1.71 trillion.
A majority of rich investors expect a significant drop in markets before the end of next year, and 25 per cent of their average assets are currently in cash, according to a survey of more than 3,400 global respondents.
OPEC's production of crude oil and other liquids is expected to decline to 32.8 million barrels per day (bpd) by 2024, the group said in its 2019 World Oil Outlook published on Tuesday.
With no major economic data scheduled in Asia on Wednesday, traders will be left to ponder whether Britain will hold a general election to break the impasse.
This will be the royal couple's first official visit to Pakistan. They will try to meet as many people as possible during the trip, the British embassy said.
The US consumer and economy are in a "good place," and the US labor market is "very healthy," Clarida said. At the same time, risks include slowing global growth, uncertainty over trade, and persistent low inflation overseas, all of which impact the US economy.
Oil prices surged on Monday, with global benchmark Brent crude posting its biggest intra-day percentage gain since the Gulf War in 1991, after the attack on Saturday shut over 5% of global supply.
A global commission — which includes billionaire Bill Gates and former UN chief Ban Ki-moon — has called on nations to invest now to protect against the effects of climate change.
Interest rate moves by central banks across a group of 37 developing economies showed a net fourteen rate cuts last month - the largest number since policy makers ramped up measures to kickstart economic growth in the wake of the financial crisis.
Since the Trump administration began to talk of imposing tariffs on Chinese exports in early 2018, the currency is down roughly 10%. The drop has picked up speed in August, with the yuan down about 4%.