Shares in the red as nervous markets await Fed
SYDNEY (Reuters) - Asian share markets slipped into the red on Monday as caution gripped investors in a week in which the Federal Reserve is likely to hike U.S. interest rates and perhaps signal that as many as three more lie in store for the rest of the year.
Ten years after crash, Americans still have not fallen back in love with stocks
NEW YORK (Reuters) - Luke Thomas, 44, an information technology field manager who lives in Miami, began investing in the U.S. stock market in his early 20s, attracted by the prospect of learning “how to grow a little bit of money into a lot,” he said.
Forty-five U.S. trade groups urge Trump to avoid tariffs against China
WASHINGTON (Reuters) - Forty-five U.S. trade associations representing some of the largest companies in the country are urging President Donald Trump not to impose tariffs on China, warning it would be "particularly harmful" to the U.S. economy and consumers.
Oil prices fall as increased U.S. drilling points to higher output
SINGAPORE (Reuters) - Oil prices fell on Monday as increased drilling in the United States pointed to more output, raising concerns about a return of oversupply.
U.S. tariffs, China trade tensions overshadow G20 finance meeting
Buenos Aires (Reuters) - Worries about the potential for a U.S.-China trade war and frustration over U.S. President Donald Trump's steel and aluminum tariffs threatened to dominate a gathering of finance leaders this week amid strengthening growth.
China's new home price growth slows as big cities decline
(Reuters) - China's new home price growth slowed in February from the previous month as a raft of government curbs aimed at tempering speculative demand softened prices in the biggest cities, although strength seen in smaller centers remained intact.
Dollar steady as Fed dot plot thickens; yen edges higher
TOKYO/SINGAPORE (Reuters) - The dollar held steady against a basket of major peers on Monday as traders braced for new Federal Reserve Chair Jerome Powell's first monetary policy meeting this week, and as the increased threat of trade protectionism kept markets on edge.
China's Yi Gang nominated as new central bank governor: parliament delegates
BEIJING (Reuters) - Yi Gang, a vice governor of the People's Bank of China (PBOC), has been nominated to replace Zhou Xiaochuan as the head of the Chinese central bank, parliament delegates told Reuters on Monday.
Exclusive: Regulator shopping in vogue as China's shadow banks evade Beijing's grip
SHANGHAI/BEIJING (Reuters) - Some of China's biggest shadow banking groups are shopping for regulators in far-flung regions to help pass deals unlikely to be approved by more savvy regulators closer to home, according to multiple sources with direct knowledge of the situation.
Japan exports slow on Lunar New Year holidays, uptrend intact
TOKYO (Reuters) - Japan's exports rose for a 15th straight month in February but slowed sharply from the prior month as shipments stalled because of Lunar New Year holidays - an event analysts dismissed as a one-off blip in the context of solid overseas demand.