On Saturday, Trump said he would impose additional sanctions against Iran in a bid to prevent the country obtaining nuclear weapons.World Politicsread more
Tensions between the U.S. and Iran will likely escalate in the near future, a former adviser to the Iranian government said on Monday.Energyread more
Chinese vice commerce minister said Monday that Beijing would like the U.S. to cancel "inappropriate" actions against Chinese companies.China Economyread more
A decisive win for Turkey's main opposition party in a re-run of a mayoral election in Istanbul this weekend has prompted hopes for economic and political change.Europe Politicsread more
Sixteen Asia Pacific countries have been negotiating the Regional Comprehensive Economic Partnership since 2013, with India's reluctance to open up its markets a major...Asia Economyread more
The secretary of State said he was traveling to Saudi Arabia and the United Arab Emirates to make sure that the U.S. is "strategically aligned" with its allies.Politicsread more
Experts say Facebook's cryptocurrency project Libra has been a catalyst for the price of bitcoin going higher.Technologyread more
Goldman Sachs helped state firm 1MDB to raise $6.5 billion in 2012 and 2013, and collected higher-than-typical fees of $600 million for the deals.Financeread more
Value investing has become increasingly irrelevant thanks to central banks and technology, according to AB Bernstein.Investingread more
Indonesian Trade Minister Enggartiasto Lukita said all 16 countries negotiating a mega Asia-Pacific trade agreement should remain in the framework.World Economyread more
Stocks in Asia Pacific traded mixed on Monday afternoon, while oil prices continued to rise as tensions between the U.S. and Iran lingered after the latter shot down an...Asia Marketsread more
European stocks traded lower Wednesday after the U.S. and China resumed tough stances in their ongoing trade war.
The pan-European Stoxx 600 was down 0.26% during the session, oil and gas stocks leading losses with a 2.1% decline, while banks fell 1.1%. Media stocks were the strongest performer with a 0.7% gain.
U.S. President Donald Trump on Tuesday defended the use of tariffs as part of his trade strategy, while China vowed a tough response if Washington insists on escalating trade tensions as the world's two largest economies attempt to negotiate a deal.
Asian stocks slid Wednesday after Wall Street ended a 6-day winning streak overnight, with China's consumer price index rising 2.7% year-on-year. Hong Kong's Hang Seng index led losses with a 1.59% drop by the afternoon as protests continued over the contentious Chinese extradition law.
Back in Europe, both Mario Draghi, the president of the European Central Bank (ECB) and Christine Lagarde, the managing director of the International Monetary Fund (IMF) warned about the global trade dispute Wednesday.
In the U.K., Sterling edged towards a three-week high Wednesday as the main opposition Labour party announced plans to introduce parliamentary legislation to block the country exiting the European Union without a deal in place.
Senior lawmaker Nicky Morgan, chair of the Treasury Select Committee, requested information from influential British stockbroker Hargreaves Lansdown about its links to the Woodford Equity Income fund, which was suspended last week amid a raft of bad stock calls and investor withdrawals.
Shares of German publisher Axel Springer soared 11.5% after U.S. private equity firm KKR offered to buy out its minority shareholders.
At the other end of the European blue chip index, British American Tobacco (BAT) saw its shares fall almost 4% after warning on Wednesday of steeper declines in global cigarette sales.