The dollar stood at 111.91 yen in Asian trade, slightly slipping from 112.00 yen in New York overnight. File
As optimism grows that the United States and China are nearing a trade deal, Japan kicks off its own negotiations with Washington from Monday, hoping to resolve some of the issues «very quickly.» US Trade Representative Robert Lighthizer and Japan›s Economy Minister Toshimitsu Motegi
The Bank of Japan (BOJ) told investors for the first time on Thursday it would keep interest rates at super-low levels for at least one more year, seeking to dispel uncertainty over its commitment to ultra-loose policies as the economy comes under fresh pressure.
President Donald Trump sent Asian and European stock markets plunging on Monday by threatening to hike tariffs on $200 billion of Chinese goods in a bid to speed up stuttering trade talks between the economic superpowers. Equities in Asia, Europe and the US were a sea of red as Trump›s remarks rekindled fears of a trade war with potentially devastating consequences for world growth.
In line with global markets, Indian equities on Monday logged steep falls as US President Donald Trump threatened to impose fresh trade tariffs worth $200 billion on Chinese goods. The US move is being seen as an unexpected and a major escalation in trade tensions between the two big economies.
China is digging in for a tough period of deteriorating ties with the United States, fanning the flames of patriotism with Korean War films, a viral song on the trade war, and editorials lambasting Washington.
United Airlines is canceling more than 2,400 flights during the busy summer travel season as Boeing’s 737 Max jets remain grounded. Chicago-based United Airlines had already pulled flights on the 737 Max
Fiat Chrysler and Renault are in talks on a comprehensive global tie-up that could address some of the main weaknesses of both carmakers, two sources with knowledge of the discussions told Reuters.