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Asian stocks, yuan fall as Sino-U.S.trade war deepens- China…

SYDNEY (Reuters) – U.S. stock futures and Asian shares fell on Monday on growing anxiety over whether the United States and China will be able to salvage a trade deal, after Washington sharply hiked tariffs and Beijing vowed to retaliate. The United States and... More »

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Two U.S. warships sail in disputed South China Sea

WASHINGTON (Reuters) – The U.S. military said two of its warships sailed near islands claimed by China in the South China Sea on Monday, a move that could anger Beijing at a time of tense relations between the world’s two biggest economies. The South China Sea... More »

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Global shares, oil drop after Trump tariff threat

SHANGHAI (Reuters) – Global financial markets reeled on Monday after U.S. President Donald Trump unexpectedly jacked up pressure on China to reach a trade deal in the midst of negotiations, saying he would hike U.S. tariffs on Chinese goods this week. Equity m... More »

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U.S. prepares to end Iran oil waivers, triggering price spike

WASHINGTON/SINGAPORE (Reuters) – The United States is expected to announce on Monday that buyers of Iranian oil need to end imports soon or face sanctions, a source familiar with the situation told Reuters, triggering a 3 percent jump in crude prices to their ... More »

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Pan claims first tour win by one stroke over Kuchar

(Reuters) – Taiwan’s Pan Cheng-tsung held steady when it counted and won his first PGA Tour tournament with a one-stroke victory over Matt Kuchar as world number one Dustin Johnson stumbled badly on the back nine at the RBC Heritage in South Carolina on Sunday... More »

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In astrophysics milestone, first photo of black hole expected

WASHINGTON (Reuters) – Scientists are expected to unveil on Wednesday the first-ever photograph of a black hole, a breakthrough in astrophysics providing insight into celestial monsters with gravitational fields so intense no matter or light can escape. The U.... More »

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Asia shares, bonds count on Fed to be accommodative

SYDNEY (Reuters) – Asian shares pulled ahead on Monday while bonds were in demand globally on mounting speculation the U.S. Federal Reserve will sound decidedly dovish at its policy meeting this week. Japan’s Nikkei .N225 advanced 0.59 percent, and MSCI’s broa... More »

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Stocks rally as U.S., China inch closer to trade deal

SYDNEY (Reuters) – Asian shares started the week on the front foot on signs the United States and China were close to striking a tariff deal to end their protracted trade war while the dollar eased as traders wagered Federal Reserve policy would remain accommo... More »

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China trade shock hits global stocks, commodities

LONDON (Reuters) – Global stock markets and commodities took a hit on Monday after a shock contraction in Chinese trade pointed to deepening cracks in the world’s second-largest economy and sparked fears of a sharper slowdown in global growth. Data from China ... More »

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Stock selloff snowballs on fresh fears for world growth

LONDON (Reuters) – Losses on global stocks snowballed on Monday, with European markets following Asian peers lower as fresh signs emerged of slowing growth worldwide and fears grew that simmering U.S.-China tensions would torpedo chances of a trade deal. Wall ... More »

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Explainer: How does extradition to the U.S. work?

(Reuters) – The arrest in Canada of a top Chinese technology executive for possible extradition to the United States has roiled markets and cast doubt on a recent U.S.-China trade truce. Huawei Technologies Co Ltd Chief Financial Officer Meng Wanzhou, who is a... More »

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Micron says China ban unfair but won’t hurt revenue

(Reuters) – Micron Technology Inc on Thursday played down the likely impact on its business of a temporary Chinese ban on some chip sales but said it would appeal a decision that has added to U.S.-China trade tensions. The firm’s estimate that the ban imposed ... More »

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China drags on Asia shares, politics on euro and peso

SYDNEY (Reuters) – A renewed slide in Chinese shares and a sobering set of factory surveys sucked Asian markets lower on Monday, while the euro and the Mexican peso were both jolted by political developments at home. E-Mini futures for the S&P 500 ESc1 followe... More »

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Chinese warships drill in waters near Taiwan

BEIJING (Reuters) – A formation of Chinese warships has been holding daily combat drills for more than a week in waters near Taiwan, China’s state media said on Tuesday, amid heightened tension between Beijing and the self-ruled island. The news comes as U.S. ... More »

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U.S. urges China to account for the ‘ghosts’ of Tiananmen

BEIJING (Reuters) – The United States urges China to make a full public account of those killed, detained or who went missing during a crackdown on student-led pro-democracy protests in and around Beijing’s Tiananmen Square in 1989, Secretary of State Mike Pom... More »

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Shares fall on Italian turmoil, euro near 6-1/2 month lows

SYDNEY (Reuters) – Asian shares fell on Tuesday and the euro hovered near 6-1/2 month lows as early elections loomed in Italy, but a revival in diplomatic talks with North Korea and a retreat in oil prices from recent highs supported sentiment. MSCI’s broadest... More »

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Asia stocks pull back after soft China data- oil higher

TOKYO (Reuters) – Asian stocks pulled back on Tuesday, brushing off a firmer lead from Wall Street, as investors turned cautious after soft Chinese economic data and awaited fresh developments on U.S.-China trade talks and North Korea. Crude oil prices held ne... More »

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Asia shares mostly higher, U.S. crude powers past $70

SYDNEY (Reuters) – Most Asia markets firmed on Monday after a tame reading on U.S. wages lessened the risk of faster rate hikes by the Federal Reserve, although Sino-U.S. trade tensions and a looming deadline for an Iranian nuclear deal lurked in the backgroun... More »

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Chip designer Mediatek gets Taiwan nod to export goods to ZTE

TAIPEI (Reuters) – Taiwanese chip designer Mediatek Inc has received an export permit from the government to sell components to ZTE Corp, a Chinese telecoms equipment maker subjected to restrictions in the United States. The U.S. government last month banned A... More »

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Asia stocks ease, dollar off highs before U.S. payrolls

SINGAPORE (Reuters) – Asian shares stepped back on Friday while the dollar ran into some profit-taking after a strong week of gains as financial markets turned their attention to looming U.S. payrolls data for fresh catalysts. Investors were cautious after a l... More »

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World stocks set for positive April as big ticket M&As return

SYDNEY (Reuters) – World stocks are set to notch up a positive month for the first time since January, as a slew of positive earnings from U.S. technology firms and marquee M&A deals help soothe memories of February tremors. A seemingly successful Korean summi... More »

Asian stocks rise after U.S. tech shares bounce

SINGAPORE (Reuters) – Asian shares rose on Friday after U.S. equities were buoyed by a rebound in technology stocks, while markets in Seoul were underpinned by optimism as leaders of North and South Korea held their first summit in over a decade. MSCI’s broade... More »

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TSMC to invest $14 billion in R&D at Hsinchu facility

TAIPEI (Reuters) – Taiwan Semiconductor Manufacturing Co (2330.TW), the world’s largest contract chipmaker, is planning a T$400 billion ($13.50 billion) investment to expand its research and development capacity for future technologies, a company spokeswoman s... More »

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U.S. air force says trains in vicinity of South China Sea

TOKYO (Reuters) – U.S. Air Force B-52 bombers have carried out training in the vicinity of the South China Sea and the southern Japanese island of Okinawa, the Air Force said on Friday, in what a Chinese newspaper linked to China’s drills near Taiwan. The U.S.... More »

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Stocks stumble as U.S. yields near the 3 percent barrier

LONDON (Reuters) – World stocks slipped on Monday ahead of a blizzard of earnings from the world’s biggest firms and as wary investors watched U.S. bond yields approach peaks that have triggered market spasms in the past. The yield on 10-year U.S. Treasuries U... More »

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Stocks jump as Xi calms jitters over U.S.-China trade row

SINGAPORE (Reuters) – U.S stock futures rallied, Asian equities bounced and the safe haven yen fell on Tuesday, as Chinese President Xi Jinping promised to lower import tariffs on products including cars, helping soothe investor jitters over an escalating U.S.... More »

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Asia stocks start new quarter on front foot, dollar steady

TOKYO (Reuters) – Asian stocks began the new quarter on Monday with modest gains following a strong performance by global equities last week, while the dollar held steady ahead of key economic indicators. MSCI’s broadest index of Asia-Pacific shares outside Ja... More »

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China boosts defense spending amid military modernization

Zhang Yesui, a spokesman for National People’s Congress (NPC), addresses reporters ahead of China’s annual session of parliament at the Great Hall of the People in Beijing, China March 4, 2018. REUTERS/Damir Sagolj BEIJING (Reuters) – China on Monday unveiled ... More »

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Asian stocks tumble as Trump sparks global trade war fears

Investors look at computer screens showing stock information at a brokerage house in Shanghai, China February 9, 2018. REUTERS/Aly Song TOKYO (Reuters) – Stock markets in Asia extended Wall Street’s overnight rout on Friday, with investors spooked by the spect... More »

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China warns Taiwan playing with fire over U.S. bill

FILE PHOTO – A demonstrator holds flags of Taiwan and the United States in support of Taiwanese President Tsai Ing-wen during an stop-over after her visit to Latin America in Burlingame, California, U.S., January 14, 2017. REUTERS/Stephen Lam BEIJING/TAIPEI (R... More »

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Asian shares extend global recovery as volatility subsides

TOKYO (Reuters) – Asian shares gained on Monday, joining a global recovery for equity markets as sentiment improved gradually from a recent shakeout that was sparked by fears of creeping inflation and higher borrowing costs. MSCI’s broadest index of Asia-Pacif... More »

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Stocks try a tentative bounce, bonds fret on U.S. inflation

A visitor is seen as market prices are reflected in a glass window at the Tokyo Stock Exchange (TSE) in Tokyo, Japan, February 6, 2018. REUTERS/Toru Hanai SYDNEY (Reuters) – Asian share markets found a semblance of calm on Monday as S&P futures extended their ... More »

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Stocks punished as inflation shadow spooks bonds

A man walks past an electronic board showing Japan’s Nikkei average outside a brokerage in Tokyo, Japan February 5, 2018. REUTERS/Toru Hanai SYDNEY (Reuters) – Asian shares fell the most in over a year on Monday as fears of resurgent inflation battered bonds, ... More »

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Hon Hai aims to invest $342 million in AI, industrial internet

FILE PHOTO – The logo of Foxconn, the trading name of Hon Hai Precision Industry, is seen on top of the company’s headquarters in New Taipei City, Taiwan on March 29, 2016. REUTERS/Tyrone Siu/File Photo HONG KONG (Reuters) – Foxconn, one of Apple’s main suppli... More »

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Ford China chief in abrupt departure, a blow to recovery hopes

FILE PHOTO – Key Safety Systems Chief Executive Officer Jason Luo listens to a question during an interview with Reuters in Tokyo, Japan October 5, 2016. REUTERS/Issei Kato/File Photo BEIJING (Reuters) – Ford Motor Co said its China chief, Jason Luo, has stepp... More »

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Asia shares extend bull run, dollar crawls off lows

Asian shares extended their bull run on Monday amid upbeat corporate earnings and strong global economic growth, while the dollar tried to bounce even as the White House continued to complain of "unfair" trade practices by competitors. More »

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Tennis: Kerber back in quarter-finals club after tough year

Tennis – Australian Open – Rod Laver Arena, Melbourne, Australia, January 22, 2018. Angelique Kerber of Germany celebrates winning against Hsieh Su-Wei of Taiwan. REUTERS/Thomas Peter MELBOURNE (Reuters) – Former champion Angelique Kerber was driven to distrac... More »

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Tennis: American Keys storms into last eight at Melbourne Park

Tennis – Australian Open – Rod Laver Arena, Melbourne, Australia, January 22, 2018. Madison Keys of the U.S. celebrates winning her match against Caroline Garcia of France. REUTERS/Edgar Su MELBOURNE (Reuters) – Madison Keys blew French eighth seed Caroline Ga... More »

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Euro hits three-year high as Europe leads global optimism

The German share price index, DAX board, is seen at the stock exchange in Frankfurt, Germany, January 10, 2018. REUTERS/Staff/Remote LONDON (Reuters) – The euro hit a fresh three-year high on Monday as optimism around growth buoys expectations of tighter polic... More »

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Asian shares step back from 2007 peak, oil at three-year high

Men exchange greetings in front of an electronic board displaying the Nikkei average outside a brokerage in Tokyo, Japan January 4, 2018. REUTERS/Kim Kyung-Hoon TOKYO (Reuters) – Asian shares flinched from testing their 2007 record peak on Wednesday, as invest... More »

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Euro zone factory growth surges to record- more uneven in Asia

FILE PHOTO: A container ship is seen at the shipping terminal Eurokai in the Port of Hamburg, Germany November 6, 2017. REUTERS/Fabian Bimmer/File Photo LONDON/HONG KONG (Reuters) – Euro zone factories ended 2017 growing at their fastest pace in more than two ... More »

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Catalan vote dents euro, upbeat U.S. data lifts stocks

FILE PHOTO: People walk past an electronic stock quotation board outside a brokerage in Tokyo, Japan, September 22, 2017. REUTERS/Toru Hanai/File Photo TOKYO (Reuters) – The euro dipped on Friday after Catalan separatists wanting to break away from Spain won a... More »

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Vivienne Tam scales fashion peaks with China Chic

Designer Vivienne Tam celebrates the successful completion of her Fall/Winter 2012 collection show during New York Fashion Week February 15, 2012. REUTERS/Carlo Allegri/File Photo NEW YORK (Reuters) – Some of us are fortunate to find a calling in life early on... More »

China, Taiwan spar over Chinese diplomat's invasion threat
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China, Taiwan spar over Chinese diplomat’s invasion threat

FILE PHOTO: A pro-China supporter adjusts a China national flag during a rally calling for peaceful reunification, days before the inauguration ceremony of President-elect Tsai Ing-wen, in Taipei, Taiwan May 14, 2016. REUTERS/Tyrone Siu BEIJING/TAIPEI (Reuters... More »

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Dollar gains on U.S. tax cut progress- Brexit deal eyed

A woman walks in strong wind caused by Typhoon Lan, past an electronic board showing the graphs of the recent movements of Japan’s Nikkei average outside a brokerage in Tokyo, Japan, October 23, 2017. REUTERS/Issei Kato SYDNEY (Reuters) – The U.S. dollar bounc... More »

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Markets ignore best European factory data in 17 years

A man looks at a stock quotation board outside a brokerage in Tokyo, Japan, April 18, 2016. REUTERS/Toru Hanai LONDON/MILAN (Reuters) – European shares fell on Friday despite strong euro zone factory data, after a delay to a keenly awaited U.S. tax reform bill... More »

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Global manufacturing buoyed as focus shifts to rate hikes

A manufacturer displays camera housing during the China Public Security Expo in Shenzhen, China October 30, 2017. Picture taken Octoberr 30, 2017. REUTERS/Bobby Yip LONDON/HONG KONG (Reuters) – Global manufacturing expanded at the fastest pace in years last mo... More »

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Dialog shares tank on report Apple to design own power chips

FILE PHOTO: The new iPhone X is pictured at the Apple Store Marche Saint-Germain in Paris, France, November 3, 2017. REUTERS/Benoit Tessier/File Photo FRANKFURT (Reuters) – Apple is designing its own power-management chips for use in iPhones as early as 2018, ... More »

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Asian shares off 10-year peak, China hits three-month low

Passersby are reflected in an electronic stock quotation board outside a brokerage in Tokyo, Japan, October 23, 2017. REUTERS/Issei Kato TOKYO (Reuters) – Asian shares hovered below their 10-year peak on Friday while mainland Chinese shares dropped to three-mo... More »

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Asia stocks wilt, German coalition impasse hits euro

People walk past an electronic board showing exchange rate between Japanese Yen and U.S. Dollar outside a brokerage at a business district in Tokyo, Japan August 9, 2017. REUTERS/Kim Kyung-Hoon TOKYO (Reuters) – Asian shares pulled back on Monday with investor... More »

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Asia stocks subdued as China data disappoints

Asian stocks put in a subdued performance on Tuesday as Chinese economic data disappointed and investors pondered whether a marked flattening in the U.S. yield curve might be a harbinger of a future slowdown there. More »

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Euro tumbles against dollar- Treasury yields up

The euro had its worst day against the dollar in 16 months on Thursday after the European Central Bank began weaning the euro zone off loose monetary policy, while U.S. Treasury yields rose slightly, hurt by weak demand at an auction of 7-year notes. More »

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North Korea likely behind Taiwan SWIFT cyber heist: BAE

Cyber-security firm BAE Systems Plc said on Monday it believes the North Korean Lazarus hacking group is likely responsible for a recent cyber heist in Taiwan, the latest in a string of hacks targeting the global SWIFT messaging system. More »