Billionaire investor Carl Icahn said on Monday Apple Inc's (AAPL.O) stock was "still dramatically undervalued" and that it should be trading at $240, nearly double its current price.
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China releases guidelines for economic reform priorities in 2015
Chinese policymakers on Monday announced guidelines for reform priorities in 2015, ranging from streamlining administrative procedures to boosting the yuan's global role, as Beijing steps up efforts to open up the country's capital markets.
Investors stick to bets even as dollar and bonds slip
The dollar's four-week decline and a slump in bond prices has upset some assumptions about where global financial markets are heading, but haven't deterred most investors from staying faithful to their bets.
Athens sees EU deal soon, Greeks' approval of government stance dwindles
Greece's labor minister said on Tuesday Athens would soon conclude a deal with its foreign creditors that could unlock further loans to the cash-starved country.
Euro, bond yields tumble as ECB hints at faster buying pre-summer
The euro tumbled on Tuesday and the region's stocks and bonds jumped after the European Central Bank suggested it may speed up its 1 trillion euro bond-buying campaign slightly to account for lower market liquidity in high summer.
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Oil slipped on Monday as a rallying dollar and concerns of growing oversupply weighed on the market after Saudi Arabia reported its highest crude exports in nearly a decade.
The Dow Jones industrial average and S&P 500 ended at record highs on Monday, helped by a rally in Apple as well as tepid economic data suggesting the Federal Reserve may wait to raise interest rates.
Chinese private car hire app Yidao Yongche has hinted at a tie-up with Uber Technologies Inc, the controversial $40 billion U.S. taxi-hailing firm which has repeatedly hit regulatory roadblocks in China, the world's largest smartphone market.
Swedish podcasting platform Acast has raised $5 million from Sweden's Bonnier Growth Media as it targets further expansion in Europe and the United States, it said in a statement on Monday.
China has approved close to 250 billion yuan ($40.30 billion) of railway and subway projects, the country's top economic planner said on Monday, as Beijing ramps up efforts to support growth amid a wider slowdown in the world's second-largest economy.
Goldman Sachs has cut its long-term crude oil price forecasts and recommended investors sell shares in two major oil companies, saying that improved U.S. shale efficiency and higher production from OPEC will more than cover future demand.
Greece's government will pay public-sector wages and pensions in May but needs an agreement with creditors by the end of the month, its spokesman said on Monday, amid growing fears the country is on the verge of bankruptcy.
European shares fell on Monday, weighed down by worries over a looming cash crunch in Greece, while the dollar rebounded after concern over the U.S. economy drove the currency to four-month lows on Friday.
The dollar clawed its way higher on Monday, recovering from almost four-month lows reached late last week on another surprisingly bad round of U.S. economic data.
