Asian investors fought Friday to grind out gains at the end of a painful week for markets as they welcomed signs US lawmakers will avert a government shutdown but remained fearful over Donald Trump’s trade war.Equities have been pummelled in recent weeks and gold pushed to a record high by concerns about a US recession …
Most Asian markets rise on hopes for bill to avert US shutdown Read More »
A new graft scandal rocked the European Parliament after police carried out raids Thursday in Belgium and Portugal, detaining multiple suspects in a probe into suspicions of corruption under the guise of lobbying for the benefit of Chinese tech giant Huawei.The new investigation comes more than two years after the “Qatargate” scandal, in which a …
EU parliament roiled by graft probe linked to China’s Huawei Read More »
Global stock markets slid on Thursday, especially on Wall Street, as US President Donald Trump launched a new volley in his trade war, while gold hit a new record high.Worries about a potential US government shutdown by the weekend also worried investors, while Russian President Vladimir Putin’s limited backing of a possible ceasefire in Ukraine …
US Secretary of State Marco Rubio met his Canadian counterpart Thursday as part of the highest-level US visit to Washington’s northern neighbor since threats launched by President Donald Trump, whose trade war and bid for a Ukraine ceasefire dominated a Group of Seven meeting.Canada, the current president of the club of powerful economies, is gathering …
Rubio meets Canadian FM as Ukraine, trade war dominate G7 Read More »
Belgian police on Thursday raided several addresses in the country as part of a probe into alleged corruption “under the guise of commercial lobbying”, prosecutors said.Several people were held for questioning over their “alleged involvement in active corruption within the European Parliament, as well as for forgery and use of forgeries,” the federal prosecutor’s office …
Belgium carries out raids in EU parliament corruption probe Read More »
The directors of Canadian convenience store giant Alimentation Couche-Tard (ACT) said on Thursday they were seeking a “friendly” buyout of 7-Eleven but lamented a lack of progress towards a deal.Seven & i, the Japanese parent company of 7-Eleven — the world’s biggest convenience store brand — rebuffed an ACT takeover offer worth nearly $40 billion …
Couche-Tard bosses make case in Tokyo for 7-Eleven buyout Read More »
US Secretary of State Marco Rubio is set to meet his Canadian counterpart at a G7 gathering Thursday, but discussion of American annexation threats has been ruled off-limits at talks expected to be dominated by efforts to agree a ceasefire in Ukraine. Rubio arrived in the town of Charlevoix on the banks of the St. Lawrence …
Ukraine ceasefire bid, trade war to dominate as G7 diplomats meet Read More »
Rules on deep-sea mining in international waters must be driven by “sound science” and built on consensus, the head of the body charged with regulating the divisive practice said Thursday.Deep-sea mining in international waters involves taking minerals like nickel, cobalt and copper — crucial for renewable energy technology — from the sea floor.But researchers and …
‘Sound science’ must guide deep-sea mining: top official Read More »
Asian investors struggled Thursday to build on much-needed gains on Wall Street as a below-forecast read on US inflation was offset by ongoing concerns about President Donald Trump’s trade war.With governments around the world trying to figure out how to respond to the US president’s tariffs agenda and threats of further measures, equity markets have …
Asian stocks wobble as US inflation fails to ease trade worries Read More »
A savvy negotiating tactic? A wild fantasy? A greed for natural resources?US President Donald Trump’s fixation with annexing Canada is so singular as to defy any easy explanation.”I think it’s one of those things where Trump thinks it would be nice to pull it off, but he understands that it is less than a remote …
