china-gains,-auto-sector-lift-asian-shares,-but-sentiment-fragile Most Popular News 

China gains, auto sector lift Asian shares, but sentiment fragile

© Reuters. Pedestrians are reflected on an electronic board showing stock prices outside a brokerage in Tokyo By Andrew Galbraith SHANGHAI (Reuters) – Asian shares rose on Tuesday, lifted by gains in China and as auto firms climbed on merger news, but broad uncertainties over trade and economic growth kept investor enthusiasm in check. European equity markets were expected to open higher. In early European trade, pan-region were up 0.39% at 3,365, German were up 0.39% at 12,112, futures were up 0.5% at 7,299.5, and France’s were up 0.41% at…

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asian-equities-buoyed-by-china,-auto-merger-but-gains-capped Most Popular News 

Asian equities buoyed by China, auto merger but gains capped

© Reuters. Pedestrians are reflected on an electronic board showing stock prices outside a brokerage in Tokyo By Andrew Galbraith SHANGHAI (Reuters) – Asian shares edged up on Tuesday lifted by gains in China and as auto firms climbed on merger news, but broad uncertainties over trade and economic growth kept a lid on gains. MSCI’s broadest index of Asia-Pacific shares outside Japan gained 0.31%, and U.S. rose 0.19% to 2,837.25. Chinese blue-chips rose 1.02% a day after data showed Chinese industrial firms’ profits shrank in April, which is expected…

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explainer:-will-china-dump-us.-bonds-as-a-trade-weapon?-not-so-fast Most Popular News 

Explainer: Will China dump U.S. bonds as a trade weapon? Not so fast

© Reuters. FILE PHOTO: Worker gestures as a crane lifts goods for export onto a cargo vessel at a port in Lianyungang, Jiangsu By Richard Leong (Reuters) – The trade war between Beijing and Washington has stoked concern in financial markets that China might opt to weaponize its holdings of more than $1.1 trillion worth of U.S. Treasuries in retaliation for the tariffs the Trump administration has imposed on Chinese imports. Often referred to as the “nuclear option,” choosing to dump so large a pool of assets would likely destabilize…

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asian-equities-buoyed-by-china,-auto-merger-but-gains-capped Most Popular News 

Asian equities buoyed by China, auto merger but gains capped

© Reuters. Pedestrians are reflected on an electronic board showing stock prices outside a brokerage in Tokyo By Andrew Galbraith SHANGHAI (Reuters) – Asian shares edged up on Tuesday lifted by gains in China and as auto firms climbed on merger news, but broad uncertainties over trade and economic growth kept a lid on gains. MSCI’s broadest index of Asia-Pacific shares outside Japan gained 0.31%, and U.S. rose 0.19% to 2,837.25. Chinese blue-chips rose 1.02% a day after data showed Chinese industrial firms’ profits shrank in April, which is expected…

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asian-stocks-rise-despite-trump’s-comments-that-says-us.-“not-ready-for-a-deal” Most Popular News 

Asian Stocks Rise Despite Trump’s Comments That Says U.S. “Not Ready For a Deal”

© Reuters. Investing.com – Asian equities rose in morning trade on Tuesday as traders mulled U.S. President Donald Trump’s comments that said Washington is not ready to make a trade deal with China. China’s and the gained 0.6% and 0.3% respectively by 10:30 PM ET (02:30 GMT). Hong Kong’s also rose 0.3%. Citing people familiar with the matter, Bloomberg reported that e-commerce giant Alibaba Group Holdings Ltd ADR (NYSE:) is considering a potential that could raise $20 billion after its record-breaking 2014 New York IPO. Japan’s rose 0.4%. South Korea’s…

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oil-mixed-as-china’s-economy-weakens,-but-opec-cuts-still-support-crude Most Popular News 

Oil mixed as China’s economy weakens, but OPEC cuts still support crude

© Reuters. FILE PHOTO: Pump jacks operate at sunset in an oilfield in Texas By Henning Gloystein SINGAPORE (Reuters) – Oil prices were mixed on Tuesday, pressured by a weakening economy, especially in China, yet still supported by ongoing supply cuts from producer club OPEC and U.S. sanctions against Iran and Venezuela. Front-month futures, the international benchmark for oil prices, were at $69.90 at 0106 GMT. That was 21 cents, or 0.3%, below the last session’s close, when Brent rose 2.1%. U.S. West Texas Intermediate (WTI) crude futures were at…

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japan-says-trump-signaled-hope-of-trade-deal-progress-with-august-‘announcement’ Most Popular News 

Japan says Trump signaled hope of trade deal progress with August ‘announcement’

© Reuters. U.S. President Trump speaks during a news conference with Japan’s Prime Minister Abe at Akasaka Palace state guest house in Tokyo TOKYO (Reuters) – Japan’s Economy Minister Toshimitsu Motegi said on Tuesday U.S. President Donald Trump’s comment signaling an announcement on trade in August likely reflected his hope of quick progress in bilateral trade negotiations. “When you look at the exact wording of his comments, you can see that the president was voicing his hopes of swift progress in talks toward something that is mutually beneficial,” Motegi told…

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china-dreams-on-hold:-heartland-city-feels-chill-of-economic-slowdown Most Popular News 

China dreams on hold: heartland city feels chill of economic slowdown

© Reuters. Fisherman Sun Lianxi stands in a boat as he drops his net into the waters of the Yellow River on the northern outskirts of Zhengzhou By Philip Wen, Stella Qiu and Yawen Chen ZHENGZHOU, China (Reuters) – For the last decade, the city of Zhengzhou has been getting a taste of the Chinese dream. Fueled by investment, including large subsidies from the central government in Beijing, the provincial capital of the inland province of Henan has boomed. Once an impoverished city of 10 million set between the Yellow…

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microsoft,-facebook-to-help-tame-internet-ahead-of-canada’s-election,-official-says Most Popular News 

Microsoft, Facebook to help tame internet ahead of Canada’s election, official says

© Reuters. FILE PHOTO: Stickers bearing the Facebook logo are pictured at Facebook Inc’s F8 developers conference in San Jose By Kelsey Johnson and David Ljunggren OTTAWA (Reuters) – Microsoft Corp (NASDAQ:) and Facebook Inc (NASDAQ:) have agreed to help boost the security of Canada’s October election by removing fake accounts and cracking down on bots, a top government official said on Monday. Last month the Liberal government of Prime Minister Justin Trudeau complained that the world’s major social media companies were not doing enough to help combat potential foreign…

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canada-takes-a-first-step-towards-ratifying-trade-deal-with-us.,-mexico Most Popular News 

Canada takes a first step towards ratifying trade deal with U.S., Mexico

© Reuters. FILE PHOTO: The flags of Canada, Mexico and the U.S. are seen on a lectern before a joint news conference on the closing of the seventh round of NAFTA talks in Mexico City By Kelsey Johnson and Steve Scherer OTTAWA (Reuters) – Canada took a first step toward ratifying a new North American trade agreement on Monday just three days ahead of U.S. Vice President Mike Pence’s trip to Ottawa to discuss passage of the treaty. Foreign Minister Chrystia Freeland presented what is known as a “ways and…

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