Newly issued shares in SoftBank's mobile phone business made a disappointing debut on Wednesday, with shares in Japan's biggest ever IPO plunging by more than 10 per cent in the first few minutes after the market open.

Japanese export growth flatlined in November as exports to Asia declined, while a rise in imports fell short of estimates.

Donald Trump’s charitable foundation, which prosecutors allege served mainly to further his interests, is to be dissolved in another sign of the legal pressure bearing down on the US president.

Citigroup could lose as much as $180m on an Asian hedge fund’s ill-fated currencies trade, a result that will see Sanjay Madgavkar, Citi’s global head of foreign exchange prime brokerage, is leave the company, according to a person familiar with the situation.

Parcel delivery company FedEx on Tuesday slashed its full-year outlook, sending shares lower as it warned of “ongoing deceleration in global trade” and European weakness.

US stocks crawled higher on Tuesday, closing well off their session highs, as falling oil prices capped the market’s comeback following a two-day slide.

US crude prices on Tuesday fell to their lowest level in 16 months as twin fears about weaker demand and concerns about oversupply pummeled oil prices.

Blue Apron shares fell below the $1 mark for the first time on Tuesday, underscoring the market’s waning confidence in the meal-kit delivery service’s ability to revive the sharp slowdown in business.

US stocks turned negative by Tuesday afternoon as falling oil prices dragged on energy shares.

French bank Natixis has said its revenues in the fourth quarter will be 10 per cent lower than the same quarter last year, due to deteriorating market conditions in Asia.

A group of MPs have called for Lloyds Bank chief executive António Horta-Osório to resign over the bank’s handling of a fraud that affected scores of small business customers.

If Wall Street’s performance so far this December were a Christmas movie, it would probably be more Die Hard* or The Nightmare Before Christmas than Trading Places or It’s a Wonderful Life.

Having enjoyed years of tranquility, Wall Street has seen a surge in volatility this year that is “likely to persist”, according to folks at Credit Suisse.

The US Department of Justice has finalised a new federal rule banning “bump stocks,” a device used to fire continuous rounds from semi-automatic rifles.

Hundreds of thousands of UK citizens living in EU countries have no certainty that their UK state pension will continue to be uprated each year under a ‘no deal’ Brexit, according to guidance issued by the government on Tuesday.

Barclays has been fined $15m by US regulators over its chief executive Jes Staley’s attempts to uncover the identity of a whistleblower in 2016.

One of the top lieutenants of Glencore chief executive Ivan Glasenberg has been fined C$2.45m ($1.8m) and banned from serving as a company director for four years, after the company’s subsidiary in the Congo was found to have issued misleading financial statements.

Royal Bank of Scotland has appointed Katie Murray as its new chief financial officer, paving the way for it to become the UK’s first major bank to have women in its top two executive positions after the current chief executive steps down after 2019.

Boeing has become the latest to shower its investors with cash after the US aerospace group announced plans to boost its dividend by 20 per cent and upsize its share buyback programme to $20bn.

US stocks rebounded with the S&P 500 rising from a 14-month lows ahead of the Federal Reserve’s latest monetary policy decision and despite persistent concerns about global growth.

Natural and man made disasters have caused economic losses of $155bn and claimed over 11,000 lives in 2018, according to new estimates from Swiss Re, the insurance company.

US futures were pointing higher on Tuesday, giving the S&P 500 a shot at recovering from its 14-month low.

The rate of US new home construction rose by the most in three months in November, providing some good news for those who have been concerned about a slowdown in the US housing market.

Addiction treatment specialist Indivior said on Tuesday it expected to meet its full-year sales guidance provided a competitor did not win permission to sell a generic version of one of its key drugs before 2019.