Bloomberg PetroChina Co. reported steady net income in the first quarter as higher exploration and production earnings countered a slump in refining. Net income rose 1 percent from a year ago to 10.26 billion yuan ($1.5 billion), the company said in a statement to the Hong Kong stock exchange, using international accounting standards. Despite international oil prices averaging 5 percent …

Bloomberg Investors are running out of reasons to chase the bull market in Chinese stocks. After adding as much as $2.5 trillion to share values and outpacing gains everywhere else in the world, the rally in China is starting to look tired. Headwinds include an uninspiring earnings season, as well as the likelihood that Beijing will pursue a less aggressive …

Bloomberg The decline in US stocks deepened as disappointing results from Alphabet Inc weighed on technology companies amid heightened angst over US-China trade talks. The S&P 500 Index fell from a record high, while the Nasdaq-100 Index was poised for its biggest drop in more than a month. Pfizer Inc surged on better-than-estimated results. Treasuries rose on the eve of …