Reuters

SINGAPORE (Reuters) - The dollar steadied on Wednesday as traders pared back on riskier bets in emerging markets while waiting on an interest rate decision in Canada and on U.S. services data.

The Swiss franc and yen were also beneficiaries of the sentiment, with the yen receiving an extra boost after Bloomberg News reported the Bank of Japan was likely to mull cuts to bond buying at its policy meeting next week.

The yen eased 0.2% to... (continue reading...)

(Reuters) - X Corp. Chief Executive Officer Linda Yaccarino's head of business operations, Joe Benarroch, is leaving the company, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.

Benarroch held significant sway as an adviser to Yaccarino, including overseeing corporate communications, WSJ said, citing his former employees.

X did not immediately respond to a Reuters' request for comment.

NEW YORK (Reuters) - Oil prices extended losses slightly from the previous session in early Asian trading on Wednesday after an industry report showed builds in U.S. crude and fuel stockpiles, adding to concerns around demand growth.

Brent crude futures fell 14 cents, or 0.2%, to $77.38 a barrel by 0005 GMT. U.S. West Texas Intermediate crude futures fell 18 cents, or 0.3%, to $73.07 a barrel.

Both contracts fell nearly a dollar in... (continue reading...)

TOKYO (Reuters) - Japan's service activity extended robust gains in May, a private sector survey showed on Wednesday, amid persistent inflationary pressures that have boosted expectations for another interest rate hike this year.

The final au Jibun Bank Service purchasing managers' index (PMI) dipped to 53.8 last month from 54.3 in April.

The index has remained above the 50-mark that separates contraction from expansion since September... (continue reading...)

By Lisa Baertlein

LOS ANGELES (Reuters) - Privately held SEKO Logistics said U.S. Customs and Border Protection (CBP) has conditionally reinstated its participation in two vital international trade programs, but still has not identified the violations that led to the suspensions.

The Illinois-based customs broker, which is seeking unconditional reinstatements, said on Tuesday that CBP has yet to provide any evidence or examples of... (continue reading...)