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By Nichola Saminather | SINGAPORE SINGAPORE Asian shares inched lower on Tuesday as caution reigned ahead of a potentially tense meeting between U.S. President Donald Trump and his Chinese counterpart Xi Jinping later this week. The dollar lost ground after investors sold stocks overnight and looked to safe havens as political uncertainty overshadowed positive U.S. economic data and solid growth in global manufacturing. European markets were also […]

Benjamin J. Rhodes, who was a foreign policy adviser to President Barack Obama, wrote on Twitter: “Kushner in Iraq before the National Security Advisor or Secretary of State. Totally normal.” Continue reading the main story That was not the only way the trip broke with usual government practice: On Sunday evening, as word of Mr. Kushner’s trip began to spread, the White House incorrectly told reporters on […]

By David Morgan | WASHINGTON WASHINGTON Top White House officials met moderate and conservative Republicans in the U.S. House of Representatives on Monday in an effort to revive a plan to repeal and replace Obamacare. Key members of the administration, including Vice President Mike Pence, invited a group of moderate Republicans known as the “Tuesday Group” to the White House. Pence then went to Capitol Hill to […]

By Robin Emmott and Gabriela Baczynska | BRUSSELS BRUSSELS International donors are set to pledge billions more dollars for Syrian refugees at a two-day conference from Tuesday that the European Union says must also help prepare for an eventual end to more than six years of war in Syria. With millions displaced within Syria and in neighbouring countries, the United Nations has appealed for $8 billion this […]

An American of Iranian descent arrested in Iran in July and sentenced to 18 years’ imprisonment on dubious charges has been released on bail after he went on a hunger strike, rights activists reported on Monday. The American, Robin Shahini, who is 46 or 47, was released about two weeks ago, just before the start of Nowruz, the Persian New Year, according to the Center for Human […]

By Greg Torode and Michael Martina | HONG KONG/BEIJING HONG KONG/BEIJING China is steadfastly opposed to the deployment of advanced U.S. anti-missile radars in South Korea because it does not know whether the defences, intended for North Korean missiles, are capable of tracking and countering Beijing’s own nuclear programme, experts say. Beijing’s resistance to the THAAD (Terminal High Altitude Area Defence) anti-missile system put up south of […]

By Michelle Nichols | UNITED NATIONS UNITED NATIONS U.S. Secretary of State Rex Tillerson will chair a United Nations Security Council meeting on North Korea on April 28 to discuss how the body can combat Pyongyang’s banned nuclear and missile programs, U.S. Ambassador Nikki Haley said on Monday. North Korea has been under U.N. sanctions aimed at impeding the development of its nuclear and missile programs since […]

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By Julia Edwards Ainsley | WASHINGTON WASHINGTON The U.S. Department of Homeland Security announced steps on Monday to prevent the fraudulent use of H1B visas, used by employers to bring in specialised foreign workers temporarily, which appeared to fall short of President Donald Trump’s campaign promises to overhaul the programme. Trump had promised to end the lottery system for H1B visas, which gives each applicant an equal […]

That big hug was just what Mr. Sisi’s government sought, said Eric Trager, a scholar on Egypt at the Washington Institute for Near East Policy. “It wants to see the White House legitimate it, and set it on a new course.” Continue reading the main story The scene provided a powerful counterpoint to Mr. Sisi’s many critics, in Egypt and abroad, for whom he is known as […]

The annual Cesco Week gathering for the global copper industry starts Monday in Santiago. For the first time in five years, attendees arriving in the Chilean capital can reflect on a copper price that is higher than at the previous year’s event. However, optimism that 2017 represents a turning point in the market should be tempered by the realisation that any sustained recovery in the copper price […]

Journalism has a trust problem. In the run-up to the 2016 election, a Gallup poll revealed Americans’ trust in the press had sunk to an all-time low, with just 32 percent surveyed they felt “a great deal” or “a fair amount” of trust in the mainstream media. Whether it’s criticism from the Trump administration, the failure of the media to correctly forecast the outcome of the 2016 […]

Morgan, Lewis & Bockius LLP has a lost client because of its work for another client: President Donald Trump. Wallace Global Fund, a left-leaning private foundation, has terminated its relationship with Morgan Lewis as a protest against Mr. Trump and the firm’s handling of his business conflicts. The fund’s decision was “out of profound disagreement […] (via WSJ)

By Steve Holland | WASHINGTON WASHINGTON U.S. President Donald Trump moved to reset U.S. relations with Egyptian President Abdel Fattah al-Sisi on Monday after the prior Obama administration’s strained ties, giving him firm backing and vowing to work together to fight Islamic militants. “I just want to let everybody know in case there was any doubt that we are very much behind President Sisi. He’s done a […]

A new sexual harassment lawsuit against Rupert Murdoch’s Fox News Channel has increased the pressure on the cable network with allegations that Bill Shine, its co-president, failed to protect a female contributor from retaliation by Roger Ailes after she spurned his unwanted advances. Julie Roginsky, a Fox News contributor and political consultant, alleged in a complaint filed in New York State supreme court that she was denied […]

Investors face a test of nerve as the second quarter beckons. The rally in US stocks and the dollar sparked by the election of Donald Trump is looking stretched, amid doubts about the president’s ability to deliver fiscal stimulus for the economy that can justify lofty equity valuations. The shifting mood has spurred money into emerging markets and European stocks, with EM currencies enjoying a stellar March […]

By Yashaswini Swamynathan U.S. stocks were flat on Monday, with investors awaiting the earnings season to justify high valuations, and, more immediately, the implications of President Donald Trump’s “very difficult” meeting with Chinese President Xi Jinping. Trump said in a tweet last Thursday that the meeting over the coming Thursday and Friday would be “a very difficult one” as the United States could not risk massive trade […]

One can count on smart and witty astrophysicist Neil deGrasse Tyson to throw someone a playful challenge every time. Take, for instance, his message for SpaceX founder Elon Musk during an “Ask Me Anything” session on Reddit Sunday. When asked about the recent Falcon 9 mission (its historic blastoff into space carrying a SES-9 satellite) and whether he would ever consider going to Mars via the Musk-owned company, […]

To Jeremy Grantham, co-founder and chief investment strategist of the Boston asset manager GMO, the earth’s changing temperature is an investment imperative as well as a question of ethics.  “The climate is moving much faster than people think, and the responses are going to move much faster as well”, he says, arguing that measures to help polluters announced last week by the administration of Donald Trump may […]

PARIS French presidential candidate Francois Fillon, an outsider to win after involvement in financial scandal, said on Monday he would order a parliamentary inquiry into allegations President Francois Hollande interfered in the justice system, if elected. Once the frontrunner, the conservative former prime minister’s poll ratings have slumped since allegations surfaced that he paid his wife and sons hundreds of thousands of euros of public money for […]

Monday 09:35 BST What you need to know ● Equities starting second quarter on the front foot● S&P 500 futures just 1.5 per cent off record and Euro Stoxx up 0.4 per cent ● Investors keeping a watch on national manufacturing surveys● Dollar little changed against peers and South African rand continues to slide● Brent and WTI crude hold above $50 a barrel, while gold soft——————- Hot […]

When the International Consortium of Investigative Journalists and more than 100 media partners began publishing the Panama Papers investigation on April 3, 2016, almost no country was untouched by its revelations. Governments in more than 70 countries have launched over 150 investigations, inquiries, audits and probes into the affairs of thousands of people and corporations linked to Panama Papers. Just last month, Malta’s tax office announced it […]

With so many respected newsrooms still adjusting to having the president call them “enemy of the American people,” next week’s announcement of the 2017 Pulitzer Prizes feels like a showdown. What will the winning journalism say about the press’ value to the public? We’re about to find out. Pulitzer selections reflect a closed-door, two-step process at New York’s Columbia University, which administers the prizes. Jurors from around […]

To Jeremy Grantham, co-founder and chief investment strategist of the Boston asset manager GMO, the earth’s changing temperature is an investment imperative as well as a question of ethics.  “The climate is moving much faster than people think, and the responses are going to move much faster as well”, he says, arguing that measures to help polluters announced last week by the administration of Donald Trump may […]

TOKYO Asian shares started the week on a steady footing on Monday after a bumper quarter as investors look to the shape of U.S. trade and economic policies and how they could affect global growth. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was little changed in early trade while Japan’s Nikkei .N225 rose 0.1 percent. Ex-Japan Asia MSCI had gained 12.3 percent in the last […]

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