Deal expected to be announced this week
The yuan, for many years Asia's most-profitable carry trade when adjusted for volatility, has weakened 4.2% against the dollar in 2015
Higher demand estimate for 2020 still below current output; Group will need to pump 30.7 million barrels a day by then
The S&P BSE Sensex jumped 1 percent to 25,850.3, its highest close since December 3
Chinese investments in Korean companies soared 119 per cent this year to $1.9 billion
The Frankfurt-based bank flagged nearly $10 billion in total trades that may not have been vetted for money laundering as clients moved money out of Russia
The Sensex declined 0.6 per cent, to close at 25,590.65, after changing direction at least eight times
China, India carriers top performers as economies spur demand
Almost seven years in, current rally eclipses all but two; elongated bull market makes investors question sustainability
The Sensex has retreated in December only twice in the past decade
Yahoo paid $1.1 billion for Tumblr, the biggest acquisition in Mayer's shopping spree for dozens of startups
About 90 minutes after his news conference, he signed a $1.1 trillion spending package that averted a government shutdown
The provision waives the tax imposed on such investors under the 1980 Foreign Investment in Real Property Tax Act