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Parade of Democratic 2020 hopefuls push for momentum in Iowa

A cavalcade of Democratic presidential hopefuls on Friday tried to turn a few precious minutes before Iowa voters into the momentum needed to catapult their campaigns in the pivotal state.


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Posted 2019/08/10 03:31:16

IMF stands by yuan view; says China could need stimulus if trade war worsens

The International Monetary Fund on Friday stood by its assessment that the value of China's yuan was largely in line with economic fundamentals, but an IMF official said the fund was encouraging China to pursue a more flexible exchange rate with less intervention.


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Posted 2019/08/10 03:07:31

Trump roils markets with comments on China trade, Huawei

U.S. President Donald Trump on Friday said he was not ready to make a deal with China and even called a September round of trade talks into question, reviving concerns on financial markets that the bilateral dispute is unlikely to end anytime soon.


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Posted 2019/08/10 03:05:55

Timeline: Key dates in the U.S.-China trade war

Hopes for an early settlement of the yearlong U.S.-China trade war dimmed this week after the United States accused China of manipulating its currency, and U.S. President Donald Trump said he would not make a deal with Beijing for now.


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Posted 2019/08/10 03:05:55

Investors look for consumer pressure ahead of next tariffs

As President Donald Trump prepares to slap new tariffs on Chinese imports, investors are bracing for signs of pressure on U.S. consumers as top retailers begin reporting quarterly results next week and key consumer sentiment and retail sales data is released.


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Posted 2019/08/10 01:37:31

North Korea projectile appears to be short-range ballistic missile: South Korea

North Korea's latest projectile appears to be a short-range ballistic missile, South Korea said on Saturday.


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Posted 2019/08/10 00:57:16

U.S.-based experts suspect Russia blast involved nuclear-powered missile

U.S.-based nuclear experts said on Friday they suspected an accidental blast and radiation release in northern Russia this week occurred during the testing of a nuclear-powered cruise missile vaunted by President Vladimir Putin last year.


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Posted 2019/08/09 23:20:36

At least one North Korean projectile launched, appears to be short-range missile: U.S. official

At least one projectile was launched by North Korea and based on initial information it appeared to be similar to previous short-range missiles fired by Pyongyang, a U.S. official said on Friday, speaking on the condition of anonymity.


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Posted 2019/08/09 22:38:21

Gold gains as trade concerns weigh on global markets

Signs of further escalation of the U.S.-China trade war and weak UK economic data weighed on global markets on Friday, capping a volatile week that has pushed gold to its highest level in six years.


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Posted 2019/08/09 22:11:16

Wall Street ends down amid more trade woes, high volatility

U.S. stocks fell on Friday following renewed jitters over the U.S.-China trade war, capping a week of trading that saw big swings and high volume.


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Posted 2019/08/09 21:36:14

Trump says NRA could soften opposition to gun reforms after mass shootings

U.S. President Donald Trump suggested on Friday he could persuade the powerful National Rifle Association lobby group to drop its strong opposition to gun restrictions after recent mass shootings that have reignited the gun control debate.


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Posted 2019/08/09 19:46:42

After Trump rebuke, France says it speaks for itself on Iran

France does not need the permission of other states to try to defuse tensions with Iran, its foreign minister said on Friday after U.S. President Donald Trump accused President Emmanuel Macron of sending "mixed signals" to Tehran.


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Posted 2019/08/09 16:48:32

Malaysia files criminal charges against 17 Goldman Sachs executives

Malaysia filed criminal charges on Friday against 17 current and former directors at subsidiaries of Goldman Sachs Group Inc following an investigation into a multi-billion-dollar corruption scandal that led to the demise of state fund 1MDB.


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Posted 2019/08/09 16:48:25

Tame U.S. producer inflation supports case for another rate cut

U.S. producer prices increased moderately in July, lifted by a rebound in the cost of energy products, while underlying producer inflation retreated, which could allow the Federal Reserve to cut interest rates again next month.


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Posted 2019/08/09 16:46:43

Allegations of labor abuses dogged Mississippi plant years before immigration raids

Long before U.S. immigration authorities arrested 680 people at agricultural processing facilities in Mississippi this week, one of the five targeted companies faced allegations of serious labor violations including intimidation, harassment and exploitation of its largely immigrant work force, according to a federal lawsuit.


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Posted 2019/08/09 16:43:08

Gold gains as trade concerns weigh on global markets

Signs of further escalation of the trade war between the United States and China and weak economic data from the United Kingdom weighed on global markets on Friday, capping a volatile week that has pushed gold to its highest level in six years.


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Posted 2019/08/09 16:27:37

Bayer mediator dismisses report of $8 billion Roundup settlement

Bayer AG has not offered to pay billions of dollars to settle claims in the United States related to the Roundup herbicide, mediator Ken Feinberg said, dismissing a report to that effect which drove its shares as much as 11% higher.


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Posted 2019/08/09 16:18:17

Most Americans expect next mass shooting to happen in next three months: Reuters/Ipsos poll

Nearly half of all Americans expect another mass shooting will happen soon in the United States, according to a Reuters/Ipsos public opinion poll released on Friday, as the nation reels from rampages in California, Texas and Ohio.


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Posted 2019/08/09 15:50:44

Trade war escalation nudges U.S. closer to recession: Reuters poll

The recent escalation in the U.S.-China trade war has brought forward the next U.S. recession, according to a majority of economists polled by Reuters who now expect the Federal Reserve to cut rates again in September and once more next year.


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Posted 2019/08/09 15:29:08

China orders Cathay Pacific to suspend staff backing Hong Kong protests

China's aviation regulator on Friday demanded Hong Kong flag carrier Cathay Pacific Airways suspend personnel who have engaged in illegal protests in the city from staffing flights into its airspace from August 10.


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Posted 2019/08/09 14:41:57