The U.S. will likely emerge the winner in a "cold currency war" that is heating up, an expert said.Currenciesread more
These box office numbers do not include the cost of production or marketing costs. They also don't count the billions in merchandising that Disney has made over the last...Entertainmentread more
Tariffs are the only instrument left for addressing China's systematic and excessive surpluses on its U.S. trades, writes Michael Ivanovitch.US Economyread more
In its latest attempt to build market credibility, China on Monday launched the Science and Technology Innovation Board, or "STAR Market," on which 25 companies were listed.China Economyread more
When Cathy Hsu and Tony Hsieh wanted to build an English language app for Chinese children, they decided to follow Facebook and Google's lead.Start-upsread more
Stocks in Asia traded lower on Monday afternoon, as a Nasdaq-style technology board on the Shanghai Stock Exchange marked its debut.Asia Marketsread more
Instagram began tests that hide "like" counts on posts. That means influencers who market products on Instagram will have to rely on different metrics to show success.Technologyread more
Peter Neupert worked for Microsoft and Amazon-backed Drugstore.com, where he got to know Jeff Bezos. He now advises start-ups.Technologyread more
The firing of the tear gas was the latest confrontation between police and protesters who have taken to the streets for over a month to fight a proposed extradition bill and...China Politicsread more
Last week shows that oil prices are not the indicator for Middle East tensions they once were, and worries about global demand and growing U.S. production has changed that...Market Insiderread more
Facebook Vice President David Marcus is the face of the company's Libra digital currency, but the original driving force was a 26-year-old female corporate-development...Technologyread more
U.S. government debt prices held lower on Monday as investors digested the auction of $24 billion in 3-year notes at a high yield of 0.765 percent.
The bid-to-cover ratio, an indicator of demand, was 2.69, well below a recent average of 2.92. The ratio was the weakest since July 2009.
Indirect bidders, which include major central banks, were awarded 44.7 percent, below a recent average of 50.3 percent. Direct bidders, which includes domestic money managers, bought 15.8 percent, above a recent average of 11.9 percent.
The yield on the 3-year Treasury note, which moves inversely to its price, sat higher at 0.7611 percent. The yield on the 10-year Treasury note was higher at 1.4346 percent, while the yield on the 30-year Treasury bond was lower at 2.1449 percent.
The benchmark S&P 500 index hit a new all-time intraday high, breaking a previous record set May 20, 2015.
It comes as global stocks jumped on the back of Friday's nonfarm payrolls figures which came in at 287,000, much higher than consensus estimates of 175,000.
Markets were also contemplating further stimulus in Japan, after Prime Minister Shinzo Abe's ruling coalition won Upper House elections by a landslide. Analysts said the result was likely to make it far easier to push through his economic agenda.
The yield on Dutch government bonds turned negative for the first time Monday morning, falling to minus 0.004 percent as Brexit jitters continued to send investors towards safe-haven sovereign bonds.
Back in the U.S, Treasury auctions Monday will include $37 billion worth of 13-week notes, and $32 billion worth of 26-week notes.
No major data are expected.