Dollar eases in Asian trade on expectations of Fed pause

The dollar fell versus other major currencies for a fourth straight session on Tuesday, as investors grew increasingly convinced the Federal Reserve will not raise interest rates this year amid uncertainties over the U.S. eco

Dollar, Asian trade, Federal Reserve, Jerome Powell, Fed hiked rates, US economy News

North Korean leader Kim Jong Un visiting China January 7-10 with wife, top officials, says report

North Korean leader Kim Jong Un is visiting China between January 7-10, North Korean state media said on Tuesday.

Kim Jong Un, Kim Jong Un china visit, north korea, ri saol ju, china News

Oil rises; lifted by OPEC cuts, steadying stock market

Oil prices edged higher on Monday, rebounding further from 1-1/2-year lows reached in December, on support from OPEC production cuts and steadying equities markets.

Oil prices, OPEC, crude futures, Brent crude futures, OPEC oil supply, Goldman Sachs News

Sushma Swaraj, Japanese FM Taro Kono hold strategic dialogue; vow to strengthen ties

The two leaders also exchanged views on regional and global issues of common interest, the MEA said.

Sushma Swaraj, Taro Kono, india japan ties, Ministry of External Affairs, Narendra Modi, G-20 Summit News

Softbank to invest additional $2 billion in WeWork: Sources

SoftBank Group Corp will inject another $2 billion in WeWork Cos Inc this year, bringing the Japanese conglomerate's total investment in the office space provider to more than $10 billion, according to two people familiar wit

Industry News

Donald Trump has ‘made no decision’ whether to declare emergency over border wall, says Mike Pence

U.S. President Donald Trump has not made a decision on whether to declare a national emergency over his demand for border wall funding and the White House counsel's office is studying the matter, Vice President Mike Pence sai

Donald Trump, Mike Pence, White House, US border with Mexico, Democrats News

Amazon and Netflix push Wall Street higher Inc and Netflix fueled a second straight session of gains on Wall Street on Monday, as the resumption of U.S.-China trade talks helped ease concerns that have pummeled the market in recent months.

Amazon, Netflix,  Wall Street, US jobs data,  US China trade talks, China, Nasdaq Composite  News

White House says Donald Trump position unchanged as Syria withdrawal plans slow

The White House sought to make the case on Monday that President Donald Trump had not changed his position on withdrawing U.S. troops from Syria, a day after his national security adviser outlined conditions for a withdrawal

White House, Donald Trump, Syria, US troops, United States, Mike Pompeo, jim mattis News

Trade talk optimism boosts stocks; rate outlook hits dollar

An index of world stocks rose on Monday, adding to Friday's strong gains, on optimism about the outcome of trade talks between Washington and Beijing.

stocks, Federal Reserve, OPEC production, MSCI, Wall Street, US China trade talks, Nasdaq News

Donald Trump plans televised address, visit to Mexico border

President Donald Trump announced on Monday he would make a prime-time address and visit the U.S.-Mexico border this week as the partial federal government shutdown entered its 17th day after a funding impasse over his demand

Donald Trump, Mexico border, White House, Sarah Sanders, Trump administration, Democrats News

Apple supplier AMS develops sensors that can be put behind phone’s screen

Apple supplier AMS has developed a light and infrared proximity sensor that can sit behind a smartphone's screen, reducing the area required for such sensors and so allowing for a larger display, AMS said on Monday.

Apple, AMS, iPhones, OLED display technology, 3D facial recognition features, TCS3701 News

North Korea’s Kim Jong Un to visit China for fourth summit, reports newspaper

South Korea's Yonhap news agency, citing an unspecified source familiar with North Korea issues, said a North Korean train possibly carrying a "high-level" official had crossed the border into China.

World News

US destroyer sails in disputed South China Sea amid trade talks

Trump has imposed tariffs to pressure Beijing to change its practices on issues ranging from corporate espionage to market access and industrial subsidies. China has retaliated with tariffs of its own.

Defence News

Dollar slides on bets of Fed pausing US rate hikes

Even after last week's strong U.S. jobs data for December, market watchers believe the world's biggest economy is losing momentum.

Markets News

Wall Street big wigs plan new exchange to challenge NYSE, Nasdaq

Morgan Stanley, Fidelity Investments, Citadel Securities LLC and a host of other financial companies have agreed to jointly launch a new low-cost bourse that will compete with the New York Stock Exchange and Nasdaq.

Markets News

Gold rises, palladium hits record high as Fed shift hopes hurt dollar

Gold tends to gain when interest rate hike expectations ease because lower rates reduce the opportunity cost of holding non-yielding bullion.

Commodities News

Wall Street rebounds on robust jobs report, dovish Jerome Powell remarks

Wall Street rebounded on Friday to close at its highest in two weeks after a strong jobs report and assurances from Federal Reserve Chairman Jerome Powell that the central bank would be patient and flexible in steering the co

Markets News

Dollar slide: US currency weak on Powell views, China easing

The dollar index, a gauge of its value versus six major peers, stood at 96.12 early on Monday , down 0.07 percent.

Markets News

Wall Street week ahead: Fund managers pin hopes on emerging markets

After emerging market stocks led global equity markets lower in a brutal 2018, some US-based fund managers are betting that the asset class may have the largest rebound in the new year.

Markets News

Oil prices up: Crude oil rises on trade talks and supply cuts, but economic slowdown looms

Oil prices rose by more than 1 percent on Monday, lifted by optimism that talks could soon resolve the trade war between the United States and China, while supply cuts by major producers also supported the market. Brent crude

Commodities News

Earthquake of magnitude 6.6 strikes Indonesia: US Geological Survey

The quake hit at a depth of 60.5 km, it said. A

Earthquake, Earthquake in indonesia, indonesia earthquake magnitude, indonesia earthquake today, latest news on indonesia earthquake  News

Malaysia’s king steps down from throne, says palace statement

Malaysia's king Sultan Muhammad V abdicates the throne.

World News

Ind vs Aus: India force rare Australia follow-on in Sydney test

Australia will resume on six without loss on Monday, still without a century in the series and 316 runs adrift of India's mammoth first innings effort of 622-7 declared.

Sports News

Samsung, Huawei supply majority of own modem chips, says report

The two largest smart phone makers in the world supply a majority of their own modem chips to help their devices connect to wireless data networks, according to evidence presented at an antitrust trial for chip supplier Qualc

samsung, huawai, technology, us News

Huawei punishes employees who tweeted New Year greetings using an iPhone

China's Huawei Technologies has punished two employees for New Year greetings sent on the smartphone maker's official Twitter account using an iPhone, an internal memo showed.

Industry News

Apple likely to face more troubles as Qualcomm enforces ban on iPhone sales in Germany

The German case is Qualcomm's third major effort to secure a ban on Apple's lucrative iPhones over patent infringement allegations after similar moves in the United States and China, and is part of a global patent spat betwee

Industry News

Chinese researcher asked to cancel conference on how Apple’s Face ID can be hacked

Apple's facial recognition uses a combination of cameras and special sensors to capture a three-dimensional scan of a face that allows it to identify spoofs with photographs or determine if the user is asleep or otherwise not

Industry News
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