Trump said he doesn't see a recession after the bond market spooked investors and the Dow suffered its worst day of the year last week.Marketsread more
Ahead of the deadline, U.S. President Donald Trump told reporters that Huawei was a national security threat.Technologyread more
Baidu is gearing up to release its second-quarter earnings on Monday with the market expecting a sharp decline in profit.Technologyread more
Americans now say they approve of free trade by 64%-27%, a margin of better than two to one. That's up from 57%-37% early in Trump's presidency, and 51%-41% near the end of...Politicsread more
Stocks in Asia edged up Monday afternoon as U.S. Treasury yields bounced higher after plunging last week.Asia Marketsread more
The problem with tanking equities lies elsewhere, writes Michael Ivanovitch, because traders see no end to America's unfolding trade disputes with Europe and China.World Economyread more
Beijing wants to use reforms to support a slowing economy.China Marketsread more
Trump said Cook made a "good case" that it would be difficult for Apple to pay tariffs, when Samsung does not face the same hurdle because much of its manufacturing is in...Technologyread more
The yield on the benchmark 10-year Treasury note briefly fell below the 2-year rate on Wednesday, a phenomenon in the bond market known as yield curve inversion, which is...Marketsread more
Despite aggressive strides, Waymo needs one thing before their self-driving cars become a seriously useful transportation system: people. We talked to the ones closest to it.Technologyread more
The hearing will now begin next Monday to allow time for the completion of a previous trial that revolves around former 1MDB unit SRC International, a Kuala Lumpur High Court...Asia Newsread 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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