Author: KMFSLLP

The massive U.S. market rotation into value stocks over the last two weeks is finally giving value fund managers a reason to be hopeful after years of underperformance.

Saudi Aramco is pressing ahead with its listing plans this week, although some investors and analysts doubt it can now meet its timeline as it has not said when oil output will be restored after attacks on its facilities.

JPMorgan has upgraded its outlook for Europe's top oil and gas companies, forecasting sharp growth in shareholder returns while striking a downbeat note on the pace of a transition to low-carbon energy.

The European Parliament backed Christine Lagarde on Tuesday as the next president of the European Central Bank, paving the way for her to become the first woman to hold the post.

Philippine stocks fell on Tuesday as soaring crude oil prices stoked fears that the oil importing nation's trade deficit could widen further, while Singapore slipped after data showed exports contracted for a sixth straight month in August. Crude oil prices jumped nearly 15% on Monday as...

Warburg Pincus-backed ARA Asset Management Ltd, one of the largest Asian real estate fund managers, is exploring a dual stock market listing, including one in Singapore, in the next two to three years, group CEO and co-founder John Lim said.

Corey Lewandowski, President Donald Trump's former campaign manager and close confidant, is due to testify in Congress on Tuesday despite a White House effort to prevent him from talking about Trump's alleged efforts to impede the federal probe into Russian meddling in the 2016 presidential election.

Self-driving truck startup TuSimple said on Tuesday it raised an additional $120 million from investors to be used to expand long-haul services for truck fleets and jointly develop an autonomous commercial vehicle with truck makers and suppliers.

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* Also rejects sale of Sony Financial (Adds detail from letter to shareholders)

* Shares down 5% (Adds CEO, detail, background, analyst, share reaction)