SYDNEY (Reuters) – Asian shares took a sudden lurch lower on Tuesday as a ripple of risk aversion swept markets, though analysts could find no obvious trigger for the move. Investors look at computer screens showing stock information at a brokerage house in Shanghai, China January 16, 2020. REUTERS/Aly Song Safe-haven bonds and the yen
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WASHINGTON (Reuters) – The International Monetary Fund on Monday trimmed back its 2020 global growth forecasts due to sharper-than-expected slowdowns in India and other emerging markets but said a U.S.-China trade deal was another sign that trade and manufacturing activity may soon bottom out. FILE PHOTO: Workers erect scaffolding at a construction site of a
FILE PHOTO: Pump jacks operate at sunset in Midland, Texas, U.S., February 11, 2019. REUTERS/Nick Oxford TOKYO (Reuters) – Oil prices jumped on Monday after two large crude production bases in Libya began shutting down amid a military blockade, setting the stage for crude flows from the OPEC member to be cut to a trickle.
FILE PHOTO: A logo of the upcoming mobile standard 5G is pictured in Hanover, Germany March 31, 2019. REUTERS/Fabian Bimmer/File Photo PARIS (Reuters) – European industrial policy chief Thierry Breton will dismiss claims that relying on European companies to build a 5G network would delay its rollout, weighing in on an increasingly tense debate in
FILE PHOTO: A Lufthansa Airbus A380-800 aircraft lands at Frankfurt Airport in Frankfurt, Germany April 29, 2019. REUTERS/Ralph Orlowski/File Photo BERLIN (Reuters) – German cabin crew union UFO said on Saturday it was planning further strikes at Lufthansa (LHAG.DE) to increase pressure on management after talks with Germany’s largest airline and two potential mediators did
FILE PHOTO: The logo and ticker for Nokia are displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., May 21, 2018. REUTERS/Brendan McDermid/File Photo (Reuters) – Finland’s Financial Supervisory Authority (FSA) has started an investigation into Nokia’s (NOKIA.HE) sharp profit warning in October which sent its
FILE PHOTO: James P. Gorman, chairman & CEO of Morgan Stanley, testifies before a House Financial Services Committeeon Capitol Hill in Washington, U.S., April 10, 2019. REUTERS/Aaron P. Bernstein/File Photo NEW YORK (Reuters) – Morgan Stanley (MS.N) said on Friday that its board lowered Chief Executive Officer James Gorman’s total compensation for 2019 to $27
FILE PHOTO: A Tesla Model S steering wheel is on display at the Canadian International AutoShow in Toronto, Ontario, Canada, February 13, 2019. REUTERS/Mark Blinch WASHINGTON (Reuters) – The National Highway Traffic Safety Administration (NHTSA) said Friday it will review a petition asking the agency to formally investigate 500,000 Tesla Inc models over sudden unintended
BEIJING (Reuters) – China is expected to report on Friday that economic growth slowed to its weakest in nearly three decades in 2019 amid a bruising trade war with the United States, and more stimulus steps are expected this year to help avert sharper slowdown. FILE PHOTO: A teller counts yuan banknotes at a China
FILE PHOTO: Grounded Southwest Airlines Boeing 737 MAX 8 aircraft are shown parked at Victorville Airport in Victorville, California, U.S., March 26, 2019. REUTERS/Mike Blake/File Photo (Reuters) – Southwest Airlines Co (LUV.N) said on Thursday it would extend cancellations of 737 MAX flights through June 6, as the grounding of the Boeing Co (BA.N) jet
NEW YORK/SINGAPORE (Reuters) – U.S. energy exports to China, mostly crude oil and natural gas, will climb as the world’s two largest economies struck a trade agreement after a more than year-long tariff war, executives and traders said on Wednesday. FILE PHOTO: A liquified natural gas (LNG) tanker leaves the dock after discharge at PetroChina’s
LONDON (Reuters) – World stocks eased off record highs on Wednesday and U.S. and German bond yields slipped, as euphoria over a U.S.-China trade deal was tempered by U.S. Treasury Secretary Steven Mnuchin saying tariffs on Chinese goods would remain in place for now. The 18-month trade spat should enter a quieter phase as U.S.
FILE PHOTO: U.S. Treasury Secretary Steve Mnuchin speaks about sanctions against Turkey at a news briefing at the White House in Washington, U.S., October 11, 2019. REUTERS/Yuri Gripas WASHINGTON (Reuters) – The first phase of a U.S.-China trade agreement will be fully enforceable, including a pledge by China to refrain from manipulating its currency, U.S.
WASHINGTON (Reuters) – China has pledged to buy nearly an additional $80 billion of manufactured goods from the United States over the next two years, plus over $50 billion more in energy supplies, according to a source briefed on a trade deal to be signed on Wednesday. FILE PHOTO: Chinese and U.S. flags are set
TOKYO (Reuters) – The yen plumbed an eight-month low while the yuan climbed to its highest level since July on Tuesday, after the U.S. Treasury Department reversed its decision in August to designate China as a currency manipulator. FILE PHOTO: South Korean won, Chinese yuan and Japanese yen notes are seen on U.S. 100 dollar
LONDON (Reuters) – World stock markets were flat on Monday, hovering just below record levels ahead of the expected signing of a Phase 1 China-U.S. trade deal, although markets have yet to see details of the agreement. After rising in early trade, European shares were last down 0.2% by midday. Germany’s DAX fell 0.3%, France’s