Asian stock markets extended gains on Wednesday, tracking an overnight jump on Wall Street as a U.S.-brokered ceasefire between Israel and Iran helped lift investor sentiment.
Oil prices rose in Asian trade on Wednesday, seeing some gains after falling sharply in the last two sessions with focus squarely on whether a U.S.-brokered ceasefire between Israel and Iran will hold.
The euro zone economy flatlined for a second month in June, barely expanding as the bloc's dominant services industry showed only a small sign of improvement and manufacturing displayed none at all, a survey showed on Monday.
China's auto industry has inflated car sales for years through a burgeoning government-backed grey market that registers new cars right off the assembly line and then ships them overseas as "used" vehicles.
Investing.com-- Asian stock markets saw sharp gains on Tuesday, led by South Korea and Hong Kong, after U.S. President Donald Trump announced a tentative ceasefire between Israel and Iran, lifting investor risk appetite.
Oil prices fell sharply to their lowest in more than a week on Tuesday as U.S. President Donald Trump said a ceasefire has been agreed between Iran and Israel, alleviating worries of supply disruptions in the Middle East - a major oil-producing region.