Asia News Headlines
Google to invest $550 million in China e-commerce giant JD.com
(Reuters) - Google will invest $550 million in Chinese e-commerce powerhouse JD.com, part of the U.S. internet company's efforts to expand its presence in fast-growing Asian markets and battle rivals including Amazon.com.
UPDATE 1-Soccer-Buzz kill: Gnats swarm players during Tunisia v England game
VOLGOGRAD, Russia, June 18 (Reuters) - England and Tunisia players swatted away swarms of gnats that flew into their eyes and mouths during their opening World Cup game in Russia's riverside city of Volgograd on Monday.
Pompeo says China trade policies 'predatory'
WASHINGTON (Reuters) - U.S. Secretary of State Mike Pompeo on Monday slammed China's trade practices as "predatory economics 101" and said statements by Beijing in recent weeks that it was moving to open its economy were "a joke."
UPDATE 2-Saudi Arabia dismisses entertainment chief
RIYADH, June 18 (Reuters) - Saudi Arabia dismissed a senior figure in its fast-changing entertainment sector on Monday, state-owned TV said, removing an official responsible for bringing shows, festivals and concerts to the conservative kingdom under sweeping economic and social reforms.
Global stocks fall on U.S.-China trade spat, oil rises
NEW YORK (Reuters) - Global stocks ended lower on Monday as investors eyed an escalating trade dispute between the United States and China while oil prices rose on bets that an OPEC production increase would be smaller than expected.
UPDATE 8-Syrian, Iraqi forces say US bombs military border positions, US denies
BEIRUT, June 18 (Reuters) - Syrian state media said on Monday that U.S.-led coalition aircraft had bombed a Syrian army position near the Iraqi border, causing deaths and injuries, but the U.S. military denied it was responsible.
Fujifilm sues Xerox for well over $1 billion after aborted merger
NEW YORK (Reuters) - Fujifilm Holdings Corp sued Xerox Corp on Monday for well over $1 billion, faulting the printer and copier company for succumbing to pressure from activist investors Carl Icahn and Darwin Deason in calling off a proposed merger.
UPDATE 6-Arab coalition bombs Houthis around Hodeidah airport, urges them to withdraw
ADEN, June 18 (Reuters) - Arab coalition aircraft bombarded Houthi fighters dug in at the airport of Yemen's main port Hodeidah on Monday as a senior alliance official said he hoped U.N. diplomacy could coax the Iran-aligned movement to cede the city to "save the population."
Vienna under consideration as site for next Trump-Putin meeting -sources
WASHINGTON, June 18 (Reuters) - The Austrian capital, Vienna, is under consideration as the site of a potential summit between U.S. President Donald Trump and Russian President Vladimir Putin, two sources familiar with the discussions said on Monday.
Oil rises ahead of OPEC, China tariffs loom over U.S. prices
NEW YORK (Reuters) - Oil prices rose on Monday in volatile trade as market participants lowered their expectations for how much OPEC might increase production and investors assessed the impact of a trade dispute between the United States and China.
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