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Updated: 5 hours 55 min ago

Fed chief Powell says 'sustained expansion' likely for U.S. economy

Wed, 11/13/2019 - 9:33am
U.S. central bankers see a "sustained expansion" ahead for the country's economy, with the full impact of recent interest rate cuts still to be felt and low unemployment boosting household spending, Federal Reserve Chair Jerome Powell said on Wednesday in remarks that brushed aside any worries of a looming slowdown.

Powell: Economy seen in sustained expansion

Wed, 11/13/2019 - 9:33am
U.S. central bankers see a "sustained expansion" ahead for the country's economy, with the full impact of recent interest rate cuts still to be felt and low unemployment boosting household spending, Federal Reserve Chair Jerome Powell said on Wednesday in remarks prepared for delivery to the Joint Economic Committee of Congress.

UK Labour's Corbyn: IS leader Baghdadi better captured alive

Wed, 11/13/2019 - 9:21am
It would have been the right thing to do to capture Islamic State leader Abu Bakr al-Baghdadi alive if it had been possible, the leader of Britain's opposition Labour Party, Jeremy Corbyn, said on Wednesday.

Wall Street slips on trade worries, Hong Kong unrest

Wed, 11/13/2019 - 9:18am
Wall Street edged lower on Wednesday as President Donald Trump's threat to "substantially" raise tariffs if China did not make a trade deal with the United States as well as escalating tensions in Hong Kong kept investors away from riskier assets.

Supreme Court leans toward Trump on ending 'Dreamers' immigrant program

Wed, 11/13/2019 - 8:42am
The Supreme Court's conservative majority signaled support on Tuesday for President Donald Trump's bid to kill a program that protects hundreds of thousands of immigrants - dubbed "Dreamers" - who entered the United States illegally as children, even as liberal justices complained that the move would destroy lives.

Asian airlines cancel annual gathering as Hong Kong violence escalates

Wed, 11/13/2019 - 8:37am
A group of Asian airlines canceled an annual gathering of their executives next week due to the "unpredictability" of the situation in Hong Kong, they said late on Wednesday.

Factbox: What Wednesday's impeachment witnesses have told House inquiry so far

Wed, 11/13/2019 - 8:18am
The top U.S. diplomat in Ukraine and a senior State Department official testify Wednesday at the first public hearing in the House of Representatives' impeachment probe into President Donald Trump.

Alibaba opens bookbuild for Hong Kong listing: sources

Wed, 11/13/2019 - 7:42am
Chinese e-commerce giant Alibaba Group has opened the trading books for its $13.4 billion Hong Kong listing, two sources with direct knowledge of the process told Reuters on Wednesday.

Catholic cardinal Pell gets last chance to overturn Australia sex offences conviction

Tue, 11/12/2019 - 10:56pm
Catholic cardinal George Pell will have one last chance to overturn his conviction for sexually assaulting two teenaged choirboys after the Australian High Court on Wednesday agreed to hear the former Vatican treasurer's appeal.

Regulators begin probe into Google-Ascension cloud computing deal -WSJ

Tue, 11/12/2019 - 10:54pm
A U.S. federal regulator has initiated an investigation into a cloud computing deal between Alphabet Inc's Google and Ascension Health [ASCNH.UL] which would give Google access to detailed health information of millions of patients, the Wall Street Journal reported on Tuesday.

Hong Kong readies for more chaos as violence spreads citywide

Tue, 11/12/2019 - 10:09pm
Hong Kong prepared for more clashes on Wednesday as anti-government protesters paralyzed parts of the Asian financial hub for a third day, with some transport links, schools and many businesses closing after an escalation of violence.

Highlights: Hong Kong on edge as violence spreads

Tue, 11/12/2019 - 10:08pm
Hong Kong prepared for more clashes on Wednesday as anti-government protesters planned to paralyze parts of the Asian financial hub for a third day, with some transport, schools and many businesses closing after an escalation of violence.

Asian shares slide on trade disappointment, HK unrest

Tue, 11/12/2019 - 10:01pm
Asian stocks and Wall Street futures fell on Wednesday, as growing worries that U.S.-China trade talks are stalling and concern about intensifying unrest in Hong Kong hurt demand for risky assets.

Republicans, Democrats draw battle lines over Trump impeachment inquiry hearings

Tue, 11/12/2019 - 10:00pm
Republicans and Democrats in Congress set battle lines on Tuesday ahead of televised hearings on the impeachment inquiry into President Donald Trump, drawing a vow from the Democrat leading the probe to thwart "sham investigations" into presidential hopeful Joe Biden's family.

Bolivian Senate head assumes interim presidency; Morales' loyalists object

Tue, 11/12/2019 - 9:36pm
The head of Bolivia's Senate, Jeanine Anez, took office as interim president on Tuesday as former leader Evo Morales pledged to keep up his political fight from exile in Mexico after resigning in what he has alleged was a coup.

A $5 billion bill and Japan tensions in focus as U.S. defense heads visit South Korea

Tue, 11/12/2019 - 9:23pm
A $5 billion demand to meet the cost of hosting American troops, and tensions between Seoul and Tokyo that threaten to undercut regional cooperation are set to top the agenda when senior U.S. defense officials visit South Korea this week.

Factbox: U.S. and South Korea's security arrangement, cost of troops

Tue, 11/12/2019 - 9:22pm
The 70-year security alliance between the United States and South Korea is under fresh focus as Washington seeks a sharply higher share of cost to be borne by Seoul for hosting U.S. troops as deterrence against North Korea.

U.S. Supreme Court divided on Mexican cross-border shooting dispute

Tue, 11/12/2019 - 9:09pm
Supreme Court justices appeared divided on whether to let foreigners bring civil rights lawsuits in U.S. courts as they considered a bid by a slain Mexican teenager's family to revive a lawsuit against the Border Patrol agent who shot him, with Justice Brett Kavanaugh emerging as a potential pivotal vote.

Factbox: What rules will the House use in televised impeachment hearings?

Tue, 11/12/2019 - 9:09pm
When millions of Americans watch the first televised hearing in the impeachment inquiry into U.S. President Donald Trump on Wednesday, they will see a different procedure than is ordinarily used for congressional committee hearings.

Explainer: What to expect from the televised Trump impeachment hearings this week

Tue, 11/12/2019 - 9:09pm
U.S. Democrats launch the public phase of their impeachment inquiry into President Donald Trump this week, with open, televised hearings set for Wednesday and Friday in the House of Representatives.