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Oil skids after Saudi cuts prices, China slows imports

Oil prices were trading down more than 1% on Monday after hitting their lowest since July, as Saudi Arabia made the deepest monthly price cuts for supply to Asia in five months and optimism about demand recovery cooled amid the pandemic. Brent crude LCOc1 was at $42.11 a barrel, down 55...

Typhoon hits South Korea after sparking landslides in Japan

A powerful typhoon lashed South Korea on Monday after smashing into southern Japan with record winds and heavy rains that left four people missing in a landslide. Half a million people were without power after Typhoon Haishen roared past Japan's southern-most main island of Kyushu, ripping...