Andrew Gillan of Janus Henderson Investors says he likes markets in the Philippines and Indonesia, and explains why it's difficult to invest in Vietnam despite its...Investingread more
China has other "weapons" in its trade battle with the United States — and selling off its U.S. Treasury holdings will not be one of them, said Richard McGregor, senior fellow...China Economyread more
Deutsche Bank Wealth Management's global chief investment officer predicted the Federal Reserve will cut interest rates twice in the next 12 months, but chances of a four-time...US Economyread more
Google's services have been blocked in China for several years, but the company still has businesses there, as the tech giant seeks to sell products to Chinese firms in...Technologyread more
Netflix can sustain its lofty valuation only if global subscriber growth can support increasing content spending and debt.Technologyread more
Germany online bank N26 said it raised a huge $170 million in additional funding, valuing the six-year-old fintech start-up at $3.5 billion.Technologyread more
Stocks in Asia traded lower on Thursday afternoon. Australia's jobs data showed the net number of jobs created was far below expectations.Asia Marketsread more
The House voted to table a resolution to start impeachment proceedings against President Donald Trump introduced by Rep. Al Green.Politicsread more
A photo editing app has introduced a few new wrinkles to the faces of celebrities — and to the ongoing discussion around personal digital security, NBC reports.Technologyread more
Property price gains across the wider U.K. have been slowing since 2016, according to the U.K.'s Office for National Statistics.Real Estateread more
The International Monetary Fund on Wednesday said that the U.S. dollar was overvalued by 6% to 12%, based on near-term economic fundamentals, while the euro, Japan's yen and...World Economyread more
U.S.- report@ (Adds background of FedEx probe, U.S.-China tensions)
June 23 (Reuters) - FedEx Corp said an "operational error" caused a Huawei Technologies Co Ltd phone to not be delivered to the United States and the package delivery company apologised for the error, the Global Times reported on Sunday.
"FedEx can accept and transport all Huawei products except for any shipments addressed to listed Huawei entities on the U.S. Entity List," FedEx said in a statement cited by the newspaper http://bit.ly/2ZKOrjF.
Global Times is a tabloid published by the ruling Communist Party's People's Daily.
China launched an investigation into FedEx Corp earlier this month over parcels delivered to the wrong address, without giving details about the deliveries in question.
China's state news agency Xinhua had said back then that the investigation into FedEx over misdirected mail should not be regarded as retaliation against the U.S. company, amid worsening trade relations between China and the United States.
The United States and China have been engaged in a trade dispute for months on issues such as tariffs, subsidies, technology, regulations and cyber security, among others, with Washington putting Huawei on a blacklist last month citing national security.
FedEx did not respond immediately to a Reuters request for comment early on Sunday. (Reporting by Kanishka Singh in Bengaluru; Editing by Muralikumar Anantharaman)