China and the U.S. are rekindling trade talks ahead of a meeting next week between Presidents Donald Trump and Xi Jinping at the G20 summit in Japan, cheering financial markets with hope that an escalating trade war would abate.
Some U.S. insurers are turning to Wall Street's financial wizards for relief from the liabilities of their long-term care (LTC) policies, posing a challenge for regulators worried about how new industry players will tackle the risks involved.
U.S. President Donald Trump on Tuesday stood by claims he made about five men who were wrongly convicted for the brutal rape of a female jogger in New York City's Central Park 30 years ago.
Developing countries, not rich Western nations, are bearing the brunt of the world's refugee crisis and are hosting most of the record 70.8 million displaced people who have fled war and persecution, the United Nations said on Wednesday.
U.S. President Donald Trump repeated on Tuesday that immigration authorities would next week target migrants in the country illegally in large-scale arrests, but still gave no details about the planned action.
Asian shares hit five-week highs on Wednesday as investors wagered the Federal Reserve would follow the lead of the European Central Bank and open the door to future rate cuts at its policy meeting later in the day.
Permafrost at outposts in the Canadian Arctic is thawing 70 years earlier than predicted, an expedition has discovered, in the latest sign that the global climate crisis is accelerating even faster than scientists had feared.
| STOCKS | BONDS | CURRENCIES | COMMODITIES |
|---|
|
| Name | Yield | Change |
|---|---|---|
| US 10YR |
+2.065
|
+0.007 |
| DE 10YR |
-0.314
|
+0.009 |
| JP 10YR |
-0.146
|
-0.017 |
| Name | USD | EUR | JPY |
|---|---|---|---|
| USD | 1 | 1.1193 | 0.0092 |
| EUR | 0.8932 | 1 | 0.0082 |
| JPY | 108.2400 | 121.1600 | 1 |
| Index | Last | Chg |
|---|---|---|
| Gold |
1,346.60
USD
|
+0.00
Exp: Jun 19
|
| Copper |
2.71
USD
|
+0.00
Exp: Jun 19
|
| Crude Oil |
54.07
USD
|
+0.17
Exp: Jun 19
|
Securities house Euroclear said on Wednesday it would push ahead with building a pilot blockchain-based platform for issuing and settling commercial paper transactions used by companies to grease the wheels of the economy.
Reuters provides several ways to securely and confidentially share information and materials with our journalists.
LEARN MORE ››Recent attacks on cargo vessels have put the focus on a shipping lane responsible for about a fifth of the world's oil exports. But in reality, this place is a powder keg for a much larger confrontation between Iran and the United States, and the precedent for conflict stretches back decades. Matthew Larotonda reports.
