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Shares roar higher on U.S.-China trade deal hopes

November 2, 2018 - 5:57am
World share markets roared higher on Friday as hopes built that the United States and China were starting to repair their badly damaged trade relations.
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Biles makes history with fourth all-around gymnastics world title

November 2, 2018 - 5:55am
Two falls on an "off day" did not prevent Simone Biles from becoming the first woman to win four all-around titles at the gymnastics world championships on Thursday.
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Trump, Xi upbeat on trade after phone call; U.S. targets more Chinese firms

November 2, 2018 - 5:12am
U.S. President Donald Trump and Chinese President Xi Jinping, who spoke by telephone on Thursday, expressed optimism about resolving their trade dispute ahead of a high-stakes meeting at the end of November in Argentina.
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Bayer CEO says would consider glyphosate settlement depending on costs

November 2, 2018 - 5:10am
Bayer AG's chief executive said this week the company might consider settling lawsuits over Monsanto's glyphosate-containing weed-killers depending on how high court costs rise, but stressed it remained focused on defending the combined company against claims they cause cancer.
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Japan aims to open door wider to blue-collar workers

November 2, 2018 - 4:54am
Prime Minister Shinzo Abe's cabinet approved draft legislation on Friday to open the door to more overseas blue-collar workers in sectors grappling with labor shortages, a controversial policy shift in immigration-shy Japan.
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U.S. indicts Chinese, Taiwan firms for targeting Micron trade secrets

November 2, 2018 - 4:42am
The U.S. Justice Department on Thursday unveiled an indictment against two companies based in China and Taiwan and three individuals, saying they conspired to steal trade secrets from U.S. semiconductor company Micron Technology Inc relating to its research and development of memory storage devices.
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Exclusive: Sri Lanka risks EU trade concessions if any back-sliding on rights

November 2, 2018 - 4:03am
The European Union will consider stripping Sri Lanka of its duty-free access if it backs off commitments on rights, the EU ambassador said, amid worries stoked by the president's replacing of the elected premier by a wartime nationalist.
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Global shares rally, dollar eases as Trump report fans U.S.-China trade deal hopes

November 2, 2018 - 3:16am
Asian shares rocketed to three-week highs on Friday while the dollar softened on a report that U.S. President Donald Trump is taking steps to resolve a damaging trade war with China that has cast a pall over the global economy and financial markets recently.
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China says Xi-Trump call was quite positive

November 2, 2018 - 2:33am
China's foreign ministry said on Friday that the previous day's telephone call between Chinese President Xi Jinping and U.S. President Donald Trump was quite positive.
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Exclusive: Sri Lanka risks EU trade concessions over political slide back - envoy

November 2, 2018 - 2:20am
The European Union will consider stripping Sri Lanka of its duty-free access if it backs off commitments on rights, the EU ambassador said, amid worries stoked by the president's replacing of the elected premier by a wartime nationalist.
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Asian shares jump, yuan firms as Trump report fuels hopes of U.S.-China trade deal

November 2, 2018 - 1:50am
Asian shares jumped to three-week highs on Friday and U.S. equity futures rebounded on a report that U.S. President Donald Trump has asked officials to draft terms for a potential trade deal with China following a phone call with leader Xi Jinping.
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Indonesia hunts sea bed for crashed Lion Air jet's second black box

November 2, 2018 - 1:39am
Indonesian divers on Friday resumed a search for a second black box amid the sunken wreckage of a nearly new aircraft that slammed into the sea off Jakarta this week, killing all 189 people on board.
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Why India's Modi wants to increase control over the central bank

November 2, 2018 - 12:32am
An incendiary speech by a top Reserve Bank of India (RBI) official last Friday blew the lid off an increasingly toxic dispute between the central bank and the government of Prime Minister Narendra Modi over monetary policy and who controls the institution's reserves.
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U.S. job growth seen accelerating; strong annual wage gain expected

November 2, 2018 - 12:25am
U.S. job growth likely rebounded in October, with wages expected to have recorded their largest annual gain in 9-1/2 years, pointing to further labor market tightening that could encourage the Federal Reserve to raise interest rates again in December.
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49ers cheerleader takes knee during national anthem

November 2, 2018 - 12:16am
A San Francisco 49ers cheerleader was pictured kneeling during the United States national anthem at a National Football League game on Thursday.
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