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
"The Champagne should probably be kept on ice, at least until the two presidents put pen to paper," said state-owned media China Daily.Traderead 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.K. and EU are gearing up for what could be the busiest week in British politics since June 2016.Europe Politicsread 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
Oct 8 (Reuters) - Bank of England Governor Mark Carney said on Tuesday that the physical impact of climate change will not be evenly distributed, adding that the BoE will be the first regulator to stress test its financial system against various "climate pathways".
"The Bank will be the first regulator to stress test its financial system against different climate pathways, including the catastrophic business-as-usual scenario and the ideal but still challenging transition to net zero by 2050 consistent with the UK's legislated objective", Carney said in a speech in Tokyo.
The test is aimed at making the financial system more responsive to changes in climate and to the government's climate policies, the BoE governor said.
(Reporting by Kanishka Singh in Bengaluru Editing by Shri Navaratnam)