Organizers claimed that nearly 2 million Hong Kong protesters took to the streets Sunday in a rally to demand the city's top official resign a day after she suspended — but...China Politicsread more
African swine fever, which has already ravaged pig herds in China and pushed up food prices there, could also drive up inflation in the other emerging markets, according to...Asia Economyread more
Consumer goods giant Unilever has taken the unusual step of having some of its marketing staff read their own DNA profiles to see whether finding out about their heritage has...Marketing.Media.Moneyread more
Stocks in Asia traded mixed on Monday as investors await a U.S. Federal Reserve meeting set to happen later in the week stateside.Asia Marketsread more
In the survey, 66% of Democratic primary voters say they'd be enthusiastic or comfortable about Biden as their nominee to take on President Trump in the 2020 election. Just...Politicsread more
Heavy rains caused unprecedented delays in planting this year and contributed to record floods across the central United States.Agricultureread more
Target's registers were down on Saturday for several hours preventing customers from checking out.Retailread more
Although Cook did not mention companies by name, his commencement speech in Silicon Valley's backyard mentioned data breaches, privacy violations, and even made reference to...Technologyread more
U.S. ambassador to Israel David Friedman called the gesture a "birthday present" to Trump, who turned 73 on Friday.Politicsread more
The outlook for Germany's economy and political stability are more uncertain than ever, writes Michael Ivanovitch.World Economyread more
The agreement, which is on the framework for the plan of adjustment, provide for more than a 60% average haircut for all $35 billion, a 36% haircut on pre-2012 general...Bondsread more
The dollar dropped on Friday after a disappointing jobs number signaled a weakening labor market.
The economy added 75,000 jobs in May. Economists polled by Dow Jones were expecting 180,000 jobs in May.
The dollar index fell 0.47% to $96.59.
The dollar was headed on Friday for its worst week since December. The prospects of the Fed's reacting to an escalating China-U.S. trade row by cutting rates has dragged the dollar to a two-month low this week and helped the euro rise above $1.13.
On Friday, however, the euro relinquished all its gains from Thursday after a policy review by the European Central Bank that was less dovish than expected.
The ECB on Thursday ruled out raising rates in the next year and even opened the door to buying more bonds as a global trade war and Brexit drag the euro zone economy down.
But the market been expecting a stronger hint of rate cut, and consequently the euro and euro zone bond yields rose, putting more pressure on the dollar.
The euro was down 0.55% to $1.1337 but still set for a weekly gain of 0.9%, its best weekly performance against the dollar since late September last year, when it rose nearly 1.1%.
The Mexican peso rose when President Donald Trump said on Friday that Mexico may be able to avert tariffs on its goods by purchasing American agricultural products.
President Trump tweeted the news.
The Mexican currency was up 0.46% at $19.60.