[ad_1] (Reuters) – U.S. stocks fell on Tuesday as data showed factory activity shrank for the first time since 2016 in August, renewing fears that a drawn-out trade war between the United States and China
Gold, silver surge after weak U.S. data compounds slowdown fears
[ad_1] (Reuters) – Gold rose more than 1% on Tuesday after weak manufacturing data from the United States reinforced fears of an economic downturn, while uncertainties over U.S.-China trade ties and Brexit further boosted bullion’s
Oil sinks as manufacturing reports renew global economy worries
[ad_1] NEW YORK (Reuters) – Oil prices fell on Tuesday, with U.S. crude futures down more than 3%, weighed by manufacturing data that raised concerns about a weakening global economy, while the U.S.-China trade dispute
Trump warns China against dragging its feet in trade talks
[ad_1] FILE PHOTO: U.S. President Donald Trump speaks with reporters on the South Lawn of the White House in Washington, U.S., before his departure to Camp David, August 30, 2019. REUTERS/Yuri Gripas WASHINGTON (Reuters) –
Exclusive: Sri Lanka to overshoot 2019 fiscal deficit target despite spending cuts – sources
[ad_1] COLOMBO (Reuters) – Sri Lanka could overshoot its budget deficit target by much as 100 basis points this year, pushing its fiscal deficit to its highest in three years, as spending cuts have failed
Pound slides below $1.20 as election threat adds to Brexit jeopardy
[ad_1] LONDON (Reuters) – Sterling slumped below $1.20 on Tuesday to its weakest in three-years, as Prime Minister Boris Johnson’s implicit ultimatum to lawmakers to back him on Brexit or face an election sent investors
Palm slides to two-week low as U.S. soyoil, slowing demand growth weighs
[ad_1] KUALA LUMPUR (Reuters) – Malaysian palm oil futures fell over 2% at the close of trade on Tuesday, pressured by weaker export growth and losses in soyoil on the Chicago Board of Trade. A
High Court rejects AB InBev’s plea to put New Delhi ban on hold
[ad_1] NEW DELHI (Reuters) – An Indian court on Tuesday rejected a request from Anheuser-Busch to stay a three-year sales ban imposed by New Delhi city authorities, dealing another setback for the world’s largest brewer
Global stocks stumble toward two-month lows as U.S. data looms
[ad_1] LONDON (Reuters) – Global stocks slipped toward a recent two-month low on Tuesday, as U.S.-China trade tensions drove investors to the relative shelter of gold, the Japanese yen and government debt. FIL PHOTO: Passersby
Global Forex: Euro slides to 28-month low as ECB stimulus eyed; pound sinks
[ad_1] LONDON (Reuters) – The euro touched a 28-month low against the dollar on Tuesday as investors priced in deeper negative interest rates for longer in the euro zone. Boards displaying buying and selling rates