Stocks should rally if the U.S. and China agree to new negotiations and a ceasefire in the trade war, but the economic impact of tariffs will continue.Market Insiderread more
The trade war between Beijing and Washington appears to have depressed Chinese property purchases in the United States. China's own actions may also be playing a role.Real Estateread more
Tesla CEO Elon Musk sent out another email to his employees, pushing them to aim for a record number of vehicle deliveries to end the second quarter of 2019.Technologyread more
More than 300 companies are talking to government officials in Washington about how detrimental the trade war is.Marketsread more
Democrats want Mueller's testimony on his probe into Russian interference in the 2016 election and Trump's efforts to influence it.Politicsread more
The Senate is expected to pass its own version of the border aid legislation, while the Trump administration has threatened to veto both bills.Politicsread more
Some 4 million people have fled the South American country since 2015 amid an economic meltdown.World Politicsread more
Japanese designer Undercover posted on its Instagram account a photo of protesters with the slogan "no extradition to China," the Financial Times reported.China Politicsread more
Powell stresses the central bank's independence in a speech that comes amid continuous pressure from the White House to cut interest rates.The Fedread more
Stocks in Asia were tepid on Wednesday afternoon after U.S. Federal Reserve Chairman Jerome Powell tempered expectations for a potential interest rate cut.Asia Marketsread more
The purchase confirms Apple's continued interest in self-driving car software, and it will bolster Apple's engineering ranks with additional employees who can build autonomous...Technologyread more
European shares closed mixed, off session lows on Wednesday, as investors reacted to earnings and hopes that the Greek debt dispute would be resolved.
The pan-European Euro Stoxx 600 Index crept higher in the afternoon to end around 0.4 percent higher.
LVMH shares closed around 7.8 percent higher, after reporting growth in its fourth-quarter sales numbers. The news boosted rival Christian Dior, which ended around 5.5 percent higher.
In addition, shares of GlaxoSmithKline (GSK) jumped up to 3.5 percent on Wednesday, as the British pharmaceutical giant forecast a return to growth in its key respiratory business. Its shares ended the day around 1.7 percent up.
Greek banks soared on Wednesday on hopes that a new deal on the country's debt could soon be struck. The country's finance minister, Yanis Varoufakis, has proposed a debt swap that will replace outstanding debt with new growth-linked bonds. Varoufakis and Greek premier, Alexis Tsipras, are currently trying to persuade other European leaders to show leniency towards Greece.
The top three performers on the Greek benchmark index were banks, with Bank of Piraeus heading up the list, closing up by a staggering 21 percent.
Outside of Europe, the People's Bank of China (PBOC) cut the minimum amount it requires banks to hold as reserves, in an effort to boost growth in the country. The move, effective Thursday, is the first such cut since May 2012.
This briefly helped boost mining stocks in Europe, which have heavy exposure to the world's second-biggest economy.
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