Asian indexes close mixed as oil struggles

Saudi Arabia, the de-facto leader of OPEC, is preparing for the IPO of Saudi Aramco next year and "cannot afford prices below $50," she said. Most Australian energy stocks made gains even though oil stocks in South Korea and Japan remained in negative ... ( read original story ...)

Oil Tries to Rebound from Ten-Month Lows

Saudi Arabia is likely feeling the pressure of struggling oil prices not only because as the leader of OPEC it is spearheading the production cuts, but because Saudi Aramco, a national petroleum and natural gas company, is planning for its IPO next year ... ( read original story ...)

Chinese shares swing lower, led by financials

But fresh worries about financials helped hit the brakes on the post-MSCI good ... Korea’s Samsung 005930, +1.01% added 1%, helping push the Kospi SEU, +0.54% index up 0.5%. In Taiwan, the tech-heavy Taiwan Taiex Y9999, +0.48% rose 0.5%, hitting ... ( read original story ...)

Taipei 2017 Torch Relay begins in Turin

The Taipei 2017 Summer Universiade Torch was officially lighted in the Italian city of Turin. The flame is set to burn until August 30, the date of the Universiade's Closing Ceremony at the Taipei Stadium in Taiwan. The Italian city was chosen as the venue ... ( read original story ...)

Taiwan’s Foxconn says Toshiba deal ‘not over’

The head of Taiwan's tech giant Foxconn said Thursday its pursuit of Toshiba "is not yet over", a day after the Japanese firm announced it preferred another group of bidders to acquire its prized chip business.AFP | June 22, 2017, 12:59 IST Taiwan ... ( read original story ...)