Currencies whipsaw on mixed trade signals, yuan rebounds

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Currencies whipsaw on mixed trade signals, yuan rebounds

Currencies whipsawed on Thursday as news suggesting division, then detente in U.S.-China trade talks sparked volatility, with riskier Asian currencies ultimately rallying over a sinking dollar. Investors, parsing headlines for any clues that tensions weighing …
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GM's Mexican factories sticking point in talks

DETROIT – The talks to resolve the longest auto industry strike in decades have taken place in downtown Detroit for 24 straight days. But the biggest issue on the table now revolves around what happens in Mexico. The United Auto Workers union, whose …
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Technology Changing Every Industry (Radio)

Stephen Lee, Founding Principal, Logan Capital Management, joined Bryan Curtis and Selina Wang on Daybreak Asia. He explains why investors
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Vodafone Idea, Bharti Airtel shares rise up to 18% after Reliance Jio levies IUC charge on subscribers

Bharti Airtel and Vodafone Idea stocks rose in trade today after Mukesh Ambani-led Reliance Jio said it would charge its subscribers for voice calls made to rival networks. Now, Jio customers will have to pay interconnect usage charge (IUC) of 6 paise per …
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'Endless wrangling over Brexit' takes toll on UK property market

The flow of homes coming on to the market across Britain is at its weakest level in three years as “endless wrangling about Brexit” continues, according to a new report from surveyors. But the market is holding up well in Scotland, with “solid” price gains, the …
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