News

* FTSE China A50 -1.3 pct, BNY Mellon ADR China Select Index -0.7 pct

Most Southeast Asian stock markets trod water on Tuesday, with investors awaiting U.S. Federal Reserve Chairman Jerome Powell's first congressional testimony for any clues on the pace of interest rate hikes. Powell is likely to reiterate the Fed's stance towards gradual monetary policy tightening, and market...

Critics question if UK fintech can maintain defences against crime amid rapid growth

North East faces risks from disruptive exit but can also see opportunities

China's new home prices accelerated to their fastest pace in almost two years in June, with buyer demand in bigger cities resilient in the face of fresh curbs against speculation, a sign more restrictions may be needed.

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Australian shares fell on Tuesday as a sharp decline in oil prices and weaker commodities piled pressure on material and energy firms.

China's new home prices rose 1 percent in June from a month earlier, up from an increase of 0.7 percent in the previous month, Reuters calculated from National Bureau of Statistics (NBS) data published on Tuesday.

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Federal Communications Commission Chairman Ajit Pai said on Monday he had "serious concerns" about Sinclair Broadcast Group Inc’s proposed $3.9 billion acquisition of Tribune Media Co, a surprise move which could potentially scuttle the deal and sent shares of both companies tumbling.

Hedge funds raised their bets last week on a flatter U.S. yield curve and a stronger dollar. Their bond bet shows signs of coming good as the yield curve moves towards inversion, but their FX wager? Not so much.

Netflix Inc's subscriber growth fell short of Wall Street expectations on Monday, sending shares of the normally high-flying stock down 14 percent on fears that the company's rapid expansion is slowing.