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Updated: 1 hour 46 min ago

Asian shares slip on Fed hike, trade fears and soft China data

Wed, 06/13/2018 - 10:29pm
TOKYO (Reuters) - Asian shares eased on Thursday after the Federal Reserve raised interest rates and took a more hawkish tone in forecasting a slightly faster pace of tightening, while concerns about U.S.-China trade frictions kept investors on edge.

South Korea's Moon meets Pompeo, says world has escaped nuclear weapons threat

Wed, 06/13/2018 - 10:07pm
SEOUL (Reuters) - South Korean President Moon Jae-In said on Thursday the world had escaped the threat of war after this week's Singapore summit, echoing U.S. President Donald Trump's upbeat assessment of his meeting with North Korean leader Kim Jong Un.

After nine years of U.S. recovery, Fed sheds anxieties

Wed, 06/13/2018 - 8:46pm
NEW YORK (Reuters) - The Federal Reserve is guiding a U.S. economy that is as close to ideal as it could have dreamed a decade ago, when the darkest days of the recession forced it to take big risks to protect workers, banks and economies around the world from further devastation.

Asian shares down on Fed hike, Sino-U.S. trade anxiety

Wed, 06/13/2018 - 8:29pm
TOKYO (Reuters) - Asian shares edged down on Thursday after the Federal Reserve raised interest rates and took a more hawkish tone in forecasting a slightly faster pace of tightening for the rest of the year, while concerns about U.S.-China trade frictions kept investors on edge.

Trump says summit removed North Korean nuclear threat, but Democrats doubtful

Wed, 06/13/2018 - 7:12pm
SEOUL/WASHINGTON (Reuters) - U.S. President Donald Trump said on Wednesday that North Korea no longer posed a nuclear threat and his top diplomat offered a hopeful timeline for "major disarmament," despite skepticism at home that Pyongyang will abandon its nuclear weapons following this week's summit.

Los Angeles prosecutors reviewing sexual assault case against Sylvester Stallone

Wed, 06/13/2018 - 6:56pm
LOS ANGELES (Reuters) - Los Angeles prosecutors said on Wednesday that their sex crimes team was reviewing a case against "Rocky" actor Sylvester Stallone.

Comcast offers $65 billion to lure Fox from Disney bid

Wed, 06/13/2018 - 6:50pm
(Reuters) - Comcast Corp offered $65 billion on Wednesday to lure Twenty-First Century Fox Inc away from a merger with Walt Disney Co , setting up a bidding war between two of the largest U.S. media companies with its 20 percent higher offer.

United Nations condemns excessive Israeli force against Palestinians

Wed, 06/13/2018 - 5:25pm
UNITED NATIONS (Reuters) - The U.N. General Assembly condemned Israel on Wednesday for excessive use of force against Palestinian civilians and asked U.N. chief Antonio Guterres to recommend an "international protection mechanism" for occupied Palestinian territory.

'It's Trump's party now' and U.S. Republicans could pay in November

Wed, 06/13/2018 - 5:11pm
WASHINGTON (Reuters) - U.S. Representative Mark Sanford is the latest Republican to learn a tough lesson - challenging President Donald Trump can be political suicide.

U.S. Justice Dept targets discrimination against houses of worship

Wed, 06/13/2018 - 4:07pm
WASHINGTON (Reuters) - The U.S. Justice Department said on Wednesday it was planning to ramp up efforts to bring more civil rights lawsuits against municipalities that try to discriminate against houses of worship.

Trump says summit removed North Korean nuclear threat; Democrats doubtful

Wed, 06/13/2018 - 4:06pm
SEOUL (Reuters) - U.S. President Donald Trump said on Wednesday that North Korea no longer poses a nuclear threat and his top diplomat offered a hopeful timeline for a "major disarmament," despite skepticism at home that Pyongyang will abandon its nuclear weapons following this week's summit.

Apple to undercut popular law-enforcement tool for cracking iPhones

Wed, 06/13/2018 - 4:04pm
SAN FRANCISCO (Reuters) - Apple Inc said on Wednesday it will change its iPhone settings to undercut the most popular means for law enforcement to break into the devices.

Fed lifts rates amid stronger inflation, drops crisis-era guidance

Wed, 06/13/2018 - 3:42pm
WASHINGTON (Reuters) - The Federal Reserve raised interest rates on Wednesday, a move that was widely expected but still marked a milestone in the U.S. central bank's shift from policies used to battle the 2007-2009 financial crisis and recession.

Comcast offers to buy Fox media assets for $65 billion in cash

Wed, 06/13/2018 - 3:41pm
(Reuters) - Comcast Corp offered $65 billion on Wednesday for Twenty-First Century Fox Inc media assets, emboldened by AT&T Inc prevailing over the Trump administration's attempt to block a merger with Time Warner Inc .

Elon Musk buys 72,500 of Tesla shares

Wed, 06/13/2018 - 3:25pm
(Reuters) - Tesla Inc Chief Executive Officer Elon Musk bought 72,500 shares of the company's common stock, a regulatory filing http://bit.ly/2t4K2sY showed on Wednesday.

Exclusive: Half of Americans back Trump's handling of North Korea - Reuters/Ipsos poll

Wed, 06/13/2018 - 2:06pm
WASHINGTON/NEW YORK (Reuters) - Just over half of all Americans say they approve of how President Donald Trump has handled North Korea, but only a quarter think that his summit this week with Kim Jong Un will lead to the denuclearization of the Korean peninsula, according to a Reuters/Ipsos opinion poll released on Wednesday.

Fed raises rates amid stronger inflation, drops crisis-era guidance

Wed, 06/13/2018 - 1:11pm
WASHINGTON (Reuters) - The Federal Reserve raised interest rates on Wednesday, a move that was widely expected but still marked a milestone in the U.S. central bank's shift from policies used to battle the 2007-2009 financial crisis and recession.

Exclusive: Half of Americans approve of Trump's handling of North Korea - Reuters/Ipsos poll

Wed, 06/13/2018 - 1:00pm
WASHINGTON (Reuters) - Just over half of all Americans say they approve of how President Donald Trump has handled North Korea, but only a quarter think that his summit this week with Kim Jong Un will lead to the denuclearization of the Korean peninsula, according to a Reuters/Ipsos opinion poll released on Wednesday.

Democrats fight for their future in tough statehouse races

Wed, 06/13/2018 - 12:28pm
TAMPA, Fla./NEW YORK (Reuters) - Democrats are making an all-out push to retake control of state legislatures across the United States this fall. But in the states most crucial to the party's future, they face grim odds, a Reuters analysis of election data has found.

Trump, Iran spar over oil prices ahead of OPEC meeting

Wed, 06/13/2018 - 12:23pm
WASHINGTON/LONDON (Reuters) - U.S. President Donald Trump and Iran exchanged sharp words over oil prices on Wednesday, with Trump blaming OPEC for high oil prices and Tehran accusing him of stoking volatility after he withdrew last month from a global nuclear arms deal with Iran.

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