By Ankur Banerjee and Rocky Swift
TOKYO (Reuters) -A rally in Asian stocks ran out of steam and the dollar stuttered on Tuesday as resurgent worries about U.S. President Donald Trump's trade policies and their impact on the global economy kept risk sentiment in check.
European futures pointed to a weaker open while Chinese stocks were flat, failing to latch onto the strong Wall Street rally that followed a 90-day halt in the Sino-U.S. trade... (continue reading...)
By Rae Wee
SINGAPORE (Reuters) -The dollar retreated slightly on Tuesday but held most of its gains on lingering optimism over a tariff deal between the United States and China, which tapped the brakes on a trade war between the world's two largest economies.
Washington and Beijing on Monday announced an agreement to slash the massive tariffs they had imposed on each other for 90 days, sparking a relief rally across markets that swept up ... (continue reading...)
By Trixie Yap and Stephanie Kelly
(Reuters) -Oil prices eased on Tuesday from a two-week high, weighed down by concerns about rising supplies and some caution over whether the pause in the U.S.-China trade war indicated a longer-term deal was likely.
Brent crude futures dropped 11 cents, or 0.2%, to $64.85 per barrel by 0510 GMT. U.S. West Texas Intermediate (WTI) crude fell 8 cents, or 0.1%, to $61.87.
Both benchmarks closed... (continue reading...)
By Farah Master
HONG KONG (Reuters) -The United States will cut the low value "de minimis" tariff on China shipments, a White House executive order said on Monday, further de-escalating a potentially damaging trade war between the world's two largest economies.
The tariff relief comes in the wake of Beijing and Washington announcing a truce in their trade spat after weekend talks in Geneva, with both sides agreeing to unwind most of the... (continue reading...)
SEOUL (Reuters) - South Korea's Democratic Party candidate Lee Jae-myung is the frontrunner for the June 3 snap presidential election, vowing political and economic reforms to help the country recover from the shock of December's brief martial law.
Here are some of the main policy proposals put forward by Lee and his party:
ECONOMY
The Democratic Party has vowed to gradually increase budgets for research and development and... (continue reading...)
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US to cut 'de minimis' tariff on China shipments to 54% from 120%
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US to cut 'de minimis' tariff on China shipments to 54% from 120%
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US mission in Taipei says Trump's 'unification' comment was about US-China trade
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US mission in Taipei says Trump's 'unification' comment was about US-China trade
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US mission in Taipei says Trump's 'unification' comment was about US-China trade
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US mission in Taipei says Trump's 'unification' comment was about US-China trade
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US mission in Taipei says Trump's 'unification' comment was about US-China trade
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US mission in Taipei says Trump's 'unification' comment was about US-China trade
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US mission in Taipei says Trump's 'unification' comment was about US-China trade
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US mission in Taipei says Trump's 'unification' comment was about US-China trade
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US mission in Taipei says Trump's 'unification' comment was about US-China trade
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US mission in Taipei says Trump's 'unification' comment was about US-China trade
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US mission in Taipei says Trump's 'unification' comment was about US-China trade
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US mission in Taipei says Trump's 'unification' comment was about US-China trade
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US mission in Taipei says Trump's 'unification' comment was about US-China trade
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US mission in Taipei says Trump's 'unification' comment was about US-China trade
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US mission in Taipei says Trump's 'unification' comment was about US-China trade
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US mission in Taipei says Trump's 'unification' comment was about US-China trade
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US mission in Taipei says Trump's 'unification' comment was about US-China trade
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US mission in Taipei says Trump's 'unification' comment was about US-China trade
