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Trade optimism lifts emerging markets, lira weakens with eyes on Syria

BEIJING, Oct 21 — Signs of progress in US-China trade talks lifted emerging stocks today and propelled an index of developing world currencies to an 80-day high, while Turkey’s lira weakened as all eyes remained on Ankara’s latest military…


Pound drops as Johnson faces battle to pass Brexit bill

HONG KONG, Oct 18 — Sterling fell today as investors fret over Boris Johnson’s chances of pushing his Brexit deal through parliament, while Asian markets were mostly down after data showed China’s economy expanded at its slowest pace in nearly…


US stocks gain on upbeat earnings, geopolitical news

NEW YORK, Oct 18 — Wall Street advanced yesterday as investor sentiment was buoyed by a string of corporate earnings beats and encouraging geopolitical developments. A broad-based rally led all three major US stock averages to moderate gains….


Europe’s Brexit deal cheers dampened by familiar snags

LONDON, Oct 17 — Confirmation of a new Brexit deal sent sterling to a five-month high on Thursday and hoisted European stocks to a year-and-a-half peak, before familiar doubts about British parliamentary support for the agreement hauled them back….


Emerging markets stocks rise on trade optimism; Turkish lira holds steady

NEW YORK, Oct 17 — Emerging market stocks rose for the sixth straight session today buoyed by lingering trade optimism, while the Turkish lira held steady ahead of a top-level meeting between Turkey and the United States regarding Syria. MSCI’s…


Trump says ‘warmer feelings’ in US-China trade talks

WASHINGTON, Oct 11 — President Donald Trump today said Chinese and American officials were working toward meaningful progress in trade talks, boosting hopes for a detente in the two sides’ damaging trade war. Trump’s tweet fed a stock rally,…


Trump to meet China envoy, lifting hopes for trade talks

WASHINGTON, Oct 10 ― President Donald Trump announced today he will meet with China's top trade envoy as the two sides pursue fraught negotiations that this week appeared headed for a dead end. In a tweet, Trump said he will meet tomorrow with…


Emerging market assets tread cautiously ahead of US-China trade talks

WASHINGTON, Oct 10 ― A soft dollar supported China's yuan and a swathe of emerging market currencies today after reports that Washington and Beijing may agree a partial trade deal, but investors were unsettled about the outcome of a crucial round…


Global stocks recover but disquiet over trade talks lingers

TOKYO, Oct 10 — Global stocks recouped early losses as news reports raised hopes that the United States and China would settle some economic disputes, but investors were kept on edge by an earlier report that trade talks due to begin today could…


Amid acrimony and low expectations, US-China trade talks to resume

WASHINGTON, Oct 10 — As they prepared to return to the negotiating table today, top Chinese trade officials faced a blitz of aggressive US maneuvers, with expectations for a grand bargain between both sides approaching zero. President Donald Trump…