Asian shares advance as Chinese stocks extend recovery
Asian shares pulled ahead on Wednesday, as Chinese markets extended their recovery to hit eight-week highs on receding fears about the trade war as well as hopes China’s weighting in the global benchmark will be increased.
In a U.S. manufacturing hub, no illusions about tariffs and jobs
(This September 26 story corrects glass factory location in paragraph 12)
Fed likely to raise rates, possibly end ‘accommodative’ policy era
With the Federal Reserve widely expected to raise interest rates on Wednesday, financial markets are focused on whether signs of an acceleration in U.S. economic growth will prompt the central bank to ramp up the pace of monetary policy tightening.
Brent oil trades steady near four-year high while U.S. crude retreats
Oil benchmark Brent traded little changed on Wednesday after rising to its highest in nearly four years in the previous session while U.S. crude futures fell as United States’ officials tried to assure that the market would be well-supplied before sanc…
Asian shares gain as Shanghai stocks extend recovery
Asian shares inched up on Wednesday, as Chinese stocks extended their recovery to hit eight-week highs on receding fears about the trade war as well as hopes China’s weighting in the global benchmark will be increased.
Delta lifts U.S. groundstop after restoring computer systems
Delta Air Lines Inc said it has restored all its systems after a technology issue grounded some flights that had not yet taken off, briefly disrupting travel for its passengers across the country on Tuesday evening.
Oil prices drop, Brent moves further away from four-year high
Brent oil edged further away from a four-year high on Wednesday and U.S. crude fell, after the U.S. said it would ensure crude markets are well supplied before sanctions are re-imposed on Iran and as President Donald Trump criticized high prices.
Delta Air Lines grounds U.S. planes to address technical issue
Delta Air Lines Inc said it grounded U.S. flights that had not yet taken off to address a technology issue impacting some of its systems.
Asian shares hover below three-week high as Fed rate hike looms
Asian shares barely budged on Wednesday, lacking traction as U.S. bond yields edged near a seven-year peak ahead of a widely expected rate hike by the Federal Reserve and as international oil prices rose to four-year highs.
U.S. says Canada not making concessions needed for NAFTA deal
Canada is not making concessions needed to reach a deal with the United States for a trilateral NAFTA pact and is running out of time before Washington proceeds with a Mexico-only agreement, a top U.S. official said on Tuesday.
