News

Wholesale business picks up slack as supermarket sales cool

Wholesale business picks up slack as store revenues cool

GAM Holding Chief Executive Alexander Friedman resigned on Tuesday, the Swiss asset manager said, as the company seeks to reverse billions in asset outflows that came on the heels of the suspension of a top manager.

* China trying to narrow gap with Western manufacturers (Recasts, updates with J-20 flight demonstration details)

U.S. President Donald Trump has taken credit for the stock market's gains during his nearly two years in the White House, and those claims are reasonable given the impact of tax cuts and pro-business policies on investor sentiment. The S&P 500 has risen 28 percent...

* Australian shares clock lowest volumes since early-Oct (Updates to close)

Shares in China extended losses on Tuesday amid concerns that a new technology board could put pressure on share valuations, and as Apple Inc suppliers in Hong Kong fell on a report that the company cancelled increased production for its iPhone XR.

Southeast Asian stock markets inched higher on Tuesday, drawing confidence from overnight gains on Wall Street, but risk sentiment was fragile across Asian markets ahead of the U.S. midterm congressional elections. The elections are widely seen as a referendum on Republican President Donald Trump's first two...

* U.S. sanctions against Iran's fuel exports started on Monday

Financiers fear UK and EU negotiators are closing in on an inadequate agreement