[ad_1] SAN FRANCISCO/NEW YORK (Reuters) – Facebook Inc revealed plans on Tuesday to launch a cryptocurrency called Libra, the latest development in its effort to expand beyond social networking and move into e-commerce and global
ECB will ease policy if inflation doesn’t pick up: Draghi
[ad_1] SINTRA, Portugal (Reuters) – The European Central Bank will ease policy again if inflation does not rise back to its target, ECB President Mario Draghi said on Tuesday, reinforcing expectations for even more stimulus
South Korea fires up on renewables, to close more coal plants
[ad_1] SEOUL (Reuters) – As renewable energy powers up in South Korea, coal-fired generation, long the bedrock of the country’s electricity supply, is being tapped to give up room. Vehicles move on a road on
Gold rises as dollar weakens ahead of U.S. Fed meeting
[ad_1] (Reuters) – Gold prices rose on Tuesday, as the dollar retreated from multi-week highs ahead of the U.S. Federal Reserve’s two-day monetary policy meeting. FILE PHOTO: An employee sorts gold bars in the Austrian
Sensex, Nifty volatile ahead of U.S. Fed meeting
[ad_1] BENGALURU (Reuters) – The Sensex and the Nifty edged higher on Tuesday ahead of the U.S. Federal Reserve’s two-day interest rate meeting later in the day, while crude prices softened on concerns around global
Alibaba reshuffles management; CFO Wu to oversee strategic investment unit
[ad_1] FILE PHOTO: The Alibaba group logo is seen at the high profile startups and high tech leaders gathering, Viva Tech, in Paris, France, May 16, 2019. REUTERS/Charles Platiau/File Photo SHANGHAI (Reuters) – China’s Alibaba
Brazil leader signs law allowing foreign carriers to operate domestic flights
[ad_1] Brazil’s President Jair Bolsonaro reacts during a ceremony at Planalto Palace in Brasilia, Brazil June 17, 2019. REUTERS/Adriano Machado BRASILIA (Reuters) – Brazilian President Jair Bolsonaro on Monday signed a bill into law allowing
China’s May home prices up 0.7% m/m, touch ahead of April; rise 10.7% y/y
[ad_1] FILE PHOTO: A woman rides a tricycle carrying a child near a residential compound in Beijing’s Tongzhou district, China, February 25, 2016. REUTERS/Jason Lee/File Photo BEIJING (Reuters) – China’s new home prices rose 0.7%
Oil prices hold steady amid Mideast tensions, weak economic data
[ad_1] TOKYO (Reuters) – Oil prices steadied on Tuesday, caught between rising tensions in the Middle East and signs that economic growth is being hit by trade tensions between the United States and China. FILE
Asia stocks capped ahead of Fed, oil on defensive
[ad_1] TOKYO (Reuters) – Investor caution ahead of the Federal Reserve’s interest rate meeting capped Asian stocks on Tuesday, while crude oil prices retreated as global growth worries overshadowed supply concerns stemming from recent Middle