Europe markets close higher with Fed in focus; UK net borrowing higher than expected
LONDON — European stock markets closed higher Wednesday, rebounding after snapping a long winning streak on Tuesday.
Trade asian news
Putin meets China’s No. 2 as Moscow-Beijing relations deepen
MOSCOW (AP) — Russian President Vladimir Putin met with Chinese premier Li Qiang Wednesday, hailing growing trade relations as Moscow becomes increasingly dependent on Beijing for political and economic support.
Nonfarm payroll growth revised down by 818,000, Labor Department says
The U.S. economy created 818,000 fewer jobs than originally reported in the 12-month period through March 2024, the Labor Department reported Wednesday.
India’s Modi visits Poland for top-level security and trade talks en route to war-torn Ukraine
WARSAW, Poland (AP) — Indian Prime Minister Narendra Modi is visiting Poland for top-level security and trade talks before heading to neighboring Ukraine, which is at war with India’s strategic partner, Russia.
Macao leader says he will not seek another term due to health reasons, 2 months before the election
HONG KONG (AP) — Macao leader Ho Iat Seng announced Wednesday he would not seek another term due to health reasons, less than two months before the election for the top official of the casino city.
Japan Tobacco to buy U.S. tobacco maker Vector Group for $2.4bn
TOKYO (Reuters) -- Japan Tobacco (JT) agreed to acquire Vector Group, the fourth largest tobacco company in the United States, the Japanese company said on Wednesday, in an equity transaction estimated at around $2.4 billion.
Macao leader Ho Iat Seng says he will not seek second term
HONG KONG (AP) -- Macao leader Ho Iat Seng announced Wednesday he would not seek another term due to health reasons, less than two months before the election for the top official of the casino city.
Hong Kong Exchange's first-half profit sinks amid weak market sentiment
HONG KONG -- The Hong Kong Exchange said Wednesday that its bottom line fell during the first half of the year, amid weak market sentiment, although there were also signs of a turnaround.