TOKYO Asian shares withered on Tuesday and the yen firmed against the backdrop of rising tensions on the Korean Peninsula, and as investors awaited fresh signals about the U.S. monetary policy outlook.
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BEIJING U.S. Commerce Secretary Wilbur Ross told China there was a need for it to "guarantee fair and reciprocal treatment for U.S. firms", during a visit to Beijing, where he tried to strike an upbeat tone amid trade tensions between the two countries.
OTTAWA The top U.S. negotiator at talks to modernize the NAFTA trade pact on Monday dismissed questions about why his team had so far failed to produce specific proposals on key issues, saying "I don't see a problem."
SINGAPORE This year looks set to be the "tipping point" for electric cars, Arnoud Balhuizen, chief commercial officer at BHP , said on Tuesday, adding that the impact for raw materials producers would be felt first in the metals markets and only later in oil.
WARSAW U.S. bank JPMorgan Chase plans to hire more than 3,000 people in its new global operations center in the next three years, Polish Development Ministry said on Tuesday.
SYRACUSE, N.Y./GRAND RAPIDS, Mich. A debate within the Federal Reserve over the outlook for U.S. inflation burst into public view just days after a rate-setting meeting in Washington, with one central banker saying inflation weakness is fading and another suggesting he's nervous it won't.
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