[ad_1] U.S. and Chinese flags are seen in front of a U.S. dollar banknote featuring American founding father Benjamin Franklin and a China’s yuan banknote featuring late Chinese chairman Mao Zedong in this illustration picture
Asian stocks’ valuations hit a four-month low in May: Refinitiv data
[ad_1] Investors look at computer screens showing stock information on the first trading day after the week-long Lunar New Year holiday at a brokerage house in Shanghai, China, February 15, 2016. REUTERS/Aly Song/File Photo (Reuters)
Australia’s Telstra planning to cut 10,000 contractor jobs in two years
[ad_1] SYDNEY (Reuters) – Australia’s biggest telecommunications provider Telstra Corp Ltd plans to cut a quarter of its contractors in two years, its CEO said on Tuesday, a reduction of 10,000 people on its payroll
Sensex, Nifty edge lower ahead of RBI rate decision; rupee gains
[ad_1] BENGALURU (Reuters) – Indian shares inched lower on Tuesday, retreating from Monday’s record close, as investors awaited the central bank’s policy meet outcome later this week. People watch a large screen displaying India’s benchmark
Australia’s weak consumer spending bolsters case for rate cuts
[ad_1] SYDNEY (Reuters) – Australian retailers began the second quarter of the year on a gloomy note as sales fell in April in a sign of rising strain on the broader economy just hours before
RBI seen cutting rates, may turn accommodative after dismal GDP
[ad_1] MUMBAI (Reuters) – A worrying slowdown in India’s economy makes a cut in the Reserve Bank of India’s benchmark interest rate highly likely this week, but analysts say policymakers should also find ways to
Asian shares edge up but growth worries cap gains
[ad_1] SHANGHAI (Reuters) – Shares in Asia inched higher and safe-haven assets gave up some overnight gains on Tuesday, as investors paused for breath after a volatile Wall Street session, but deeper concerns about growth
Japan, U.S. to hold working-level trade talks June 10-11
[ad_1] FILE PHOTO: A worker adjusts the U.S. flag before Japanese Prime Minister Shinzo Abe addresses media following a meeting with President-elect Donald Trump in Manhattan, New York, U.S., November 17, 2016. REUTERS/Andrew Kelly TOKYO
Mexico draws red line on asylum before talks on Trump’s tariff threat
[ad_1] WASHINGTON/MEXICO CITY (Reuters) – Mexico said on Monday it would reject a U.S. idea to take in all Central American asylum seekers if it is raised at talks this week with the Trump administration,
U.S. moving toward major antitrust probe of tech giants
[ad_1] WASHINGTON (Reuters) – The U.S. government is gearing up to investigate whether Amazon, Apple, Facebook and Google misuse their massive market power, sources told Reuters on Monday, setting up what could be an unprecedented,