Stocks cheered by Trump trade talk; sterling plagued by politics
Asian stock markets rallied on Wednesday as U.S. President Donald trump sounded upbeat about a trade deal with China, while sterling struggled with the risk of an imminent party coup against British Prime Minister Theresa May.
Former Malaysian PM Najib, 1MDB ex-CEO face fresh corruption charges
Malaysian prosecutors on Wednesday filed new graft charges against former prime minister Najib Razak and the former chief executive of scandal-linked state fund 1MDB, in the latest cases over alleged theft of billions of dollars from the fund.
Hyundai Motor unveils sweeping executive reshuffle, shares surge
South Korean conglomerate Hyundai Motor Group shook up its executive ranks on Tuesday and appointed its first foreign head of research and development, raising expectations of a smooth transition of power at the family-run business empire.
Canada frees CFO of China’s Huawei on bail; Trump might intervene
A top executive of Chinese telecoms giant Huawei Technologies Co Ltd was granted bail by a Canadian court on Tuesday, 10 days after her arrest in Vancouver at the request of U.S. authorities sparked a diplomatic dispute.
Exclusive: Trump says Fed shouldn’t hike rates, but calls Powell ‘a good man’
President Donald Trump said on Tuesday it would be a mistake if the Federal Reserve raises interest rates when it meets next week, as it is expected to do, continuing his criticism of the U.S. central bank.
Stocks run with Sino-U.S. trade hopes; sterling hamstrung by politics
Asian stock markets rallied on Wednesday as U.S. President Donald trump sounded upbeat about a trade deal with China, while sterling struggled with the risk of an imminent party coup against British Prime Minister Theresa May.
Highlights: Key quotes from the Reuters interview with Trump
Here are highlights from the Reuters interview with U.S. President Donald Trump on Tuesday.
Exclusive: Trump says China ‘back in the market’ for U.S. soybeans
President Donald Trump said on Tuesday that China was buying a “tremendous amount” of U.S. soybeans and that trade talks with Beijing were already under way by telephone, with more meetings likely among U.S. and Chinese officials.
Canada court grants bail to Huawei CFO; Trump might intervene
A top executive of Chinese telecoms giant Huawei Technologies Co Ltd wanted by the United States to answer to fraud accusations was granted C$10 million ($7.5 million) bail by a Canadian court on Tuesday, a move that could help soothe Chinese anger ove…
Exclusive: Trump says it would be foolish for Fed to raise rates next week
President Donald Trump said on Tuesday it would be a mistake if the Federal Reserve raises interest rates when it meets next week, as it is expected to do, continuing his criticism of the U.S. central bank.
