Analysts say the partial U.S.-China trade deal doesn't touch on thorny issues plaguing both sides, and warn talks could break down again.World Economyread more
Economists polled by Reuters had expected Chinese exports denominated in the U.S. dollar to fall by 3% and imports to decline by 5.2% in September, compared to a year ago.China Economyread more
The U.S. had plans to hike duties on at least $250 billion in Chinese goods to 30% from 25% on Tuesday. Despite the partial trade deal, some banks on Sunday wrote that tariff...Marketsread more
The industry has pulled in $322 billion over the past six months, the fastest pace since the second half of 2008.Marketsread more
A technical recession occurs when there are two consecutive quarters of economic contraction.Asia Economyread more
"Deepfakes" are being used to depict people in fake videos they did not actually appear in, and can potentially affect elections, diplomacy and how markets move, experts say.Technologyread more
Chinese President Xi Jinping warned on Sunday that any attempt to divide China will be crushed.China Politicsread more
Syria's Kurds said Syrian government forces agreed Sunday to help them fend off Turkey's invasion.World Newsread more
U.S. President Donald Trump said that both sides reached a "very substantial phase one deal" that will address intellectual property and financial services concerns and...Asia Marketsread more
Hagibis dropped record amounts of rain for a period in some spots, according to meteorological officials, causing more than 20 rivers to overflow.Asia Newsread more
A spokesperson for the U.S.-backed Syrian Democratic Forces (SDF) has issued a stark warning to the international community.World Newsread more
European equities finished sharply higher on Tuesday, with investors reacting to corporate earnings and focusing on comments by a member of the European Central Bank (ECB).
Benoit Coeure, a member of the European Central Bank's Executive Board, moved to reassure investors on Tuesday morning. He said that the ECB would front-load its asset purchase scheme and said he was concerned about the pace of a recent bond market selloff.
In individual stocks news, Anglo-Dutch multinational publishing firm Reed Elsevier saw its shares climb by as much as 3 percent due to an analyst upgrade from Goldman Sachs.
In other stocks news, Vodafone shares closed more than 3 percent down after posting full-year results.
Across the Atlantic, U.S. stocks traded in a narrow range on Tuesday, trying to build on positive momentum from Europe after a record close on Monday, while investors kept an eye on rising bond yields and the strengthening dollar.
On the data front, U.K. inflation data for April showed that consumer prices fell into deflationary territory for the first time since 1960. Meanwhile, a second reading of euro area inflation confirmed it was flat in April compared to the year before.
German investor sentiment fell sharply in May from the month before, according to a closely-watched survey published on Tuesday.
Concerns about Greece continue to rumble, with the country locked in debates with its international bailout supervisors over a cash-for-reforms deal.
Nonetheless, the Athens Composite index rallied to close around 2.6 percent higher on Tuesday.
"For all the talk of so-called red lines among the various parties involved in the Greece debt talks, markets still remain remarkably sanguine about the prospects of some form of deal between Greece and its creditors in the coming days," Michael Hewson, the chief market analyst at CMC Markets, said in a note.
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