[ad_1] SYDNEY (Reuters) – Asian shares turned mixed on Wednesday while rising Treasury yields lifted the dollar as markets wondered if the world’s most powerful central banker would confirm or confound expectations for U.S. policy
U.S., Chinese negotiators hold ‘constructive’ phone talks on trade
[ad_1] WASHINGTON/NEW YORK (Reuters) – U.S. and Chinese trade officials held a “constructive” phone conversation on Tuesday, White House economic adviser Larry Kudlow said, marking a new round of talks after the world’s two largest
Oil rises more than 1% after U.S. stockpile drop; Brent nears $65
[ad_1] TOKYO (Reuters) – Oil prices gained more than 1% in early trade on Wednesday, led by U.S. crude after an industry group reported that U.S. stockpiles fell for a fourth week in a row,
Appetizing prospects: Uber founder takes aim at South Korea’s shared kitchen market
[ad_1] SEOUL (Reuters) – Chef Youm Jung-phil plans to close his restaurant in Seoul’s affluent Gangnam district this month, worn down by the rising cost of labor and rent as well as declines in the
Doubts over Deutsche Bank turnaround plan dent shaky shares
[ad_1] LONDON/FRANKFURT (Reuters) – Deutsche Bank DKBGn.DE shares extended losses on Tuesday on investor doubts that its chief executive can revive the lender by shrinking the investment bank and returning to its roots as banker
Japan, South Korea raise stakes in dispute over forced labour
[ad_1] TOKYO/SEOUL (Reuters) – Japan and South Korea raised the stakes on Tuesday in a dispute that threatens to disrupt global supplies of smartphones and chips, with South Korea denouncing Japanese reports it had transferred
Stocks drop as trade dims earnings outlook; Mexican peso tumbles
[ad_1] NEW YORK (Reuters) – A gauge of stock markets around the world fell on Tuesday as trade tensions weighed on the outlook for corporate earnings, while Mexico’s peso tumbled after the country’s finance minister
Huawei says Brazil on target with 5G tests, but falling behind neighbours
[ad_1] SAO PAULO (Reuters) – China’s Huawei Technologies Co Ltd expects to lead 5G development in Brazil, but sees some challenges for the country to catch up with other Latin American markets in deploying the
White House official optimistic on U.S.-Mexico-Canada trade deal
[ad_1] WASHINGTON (Reuters) – White House economic adviser Larry Kudlow on Tuesday said he was optimistic that U.S. House of Representatives leader Nancy Pelosi would allow a vote on a new North American trade agreement
Fed’s Quarles vows more transparency around stress tests to come
[ad_1] BOSTON (Reuters) – Federal Reserve Vice Chair Randal Quarles said Tuesday the Fed will continue to give banks more information about its annual stress tests, and will push ahead with a plan to create