Renewed U.S.-China trade spat boosts safety demand for yen

Renewed U.S.-China trade spat boosts safety demand for yen

FILE PHOTO: U.S. Dollar and Japan Yen notes are seen in this picture illustration June 2, 2017. REUTERS/Thomas White/Illustration/File Photo June 19, 2018 By Tomo Uetake TOKYO (Reuters) – The dollar fell against the yen in early Asian trade on Tuesday after U.S. President Donald Trump’s threats of more tariffs on China raised worries about an escalating trade war between the world’s two largest economies. The Japanese yen <JPY=> strengthened to 110.02 against the dollar,…

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Chinese ambassador calls on Australia to drop ‘Cold War mentality’

Chinese ambassador calls on Australia to drop ‘Cold War mentality’

China’s Ambassador to Australia Cheng Jingye looks on after speaking at an Australia China Business Council (ACBC) Canberra Networking Day event at Parliament House in Canberra, Australia, June 19, 2018. AAP/Mick Tsikas/via REUTERS June 19, 2018 By Colin Packham and Tom Westbrook CANBERRA/SYDNEY (Reuters) – China’s ambassador to Australia said on Tuesday “less bias and bigotry” was needed to repair bilateral relations amid concerns over Chinese influence in Australia and its use of loans to…

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Tesla’s Musk alleges ‘extensive’ employee sabotage

Tesla’s Musk alleges ‘extensive’ employee sabotage

FILE PHOTO: SpaceX founder Elon Musk listens at a press conference following the first launch of a SpaceX Falcon Heavy rocket at the Kennedy Space Center in Cape Canaveral, Florida, U.S., February 6, 2018. REUTERS/Joe Skipper June 18, 2018 By Salvador Rodriguez SAN FRANCISCO (Reuters) – Tesla Inc <TSLA.O> Chief Executive Elon Musk accused an employee of “extensive and damaging sabotage” to the company’s operations in an email sent on Monday to company employees. Musk…

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Wendy’s under fire after employee films mouse amid buns

Wendy’s under fire after employee films mouse amid buns

FILE PHOTO: The logo of Wendy’s is on display in Tbilisi, Georgia, July 13, 2016. REUTERS/David Mdzinarishvili/File Photo June 18, 2018 By Alana Wise NEW YORK (Reuters) – A Wendy’s <WEN.O> restaurant in Oklahoma is under fire after an employee video showing a mouse inside a bag of hamburger buns was widely shared online. The Facebook video was filmed at a Wendy’s restaurant in Catoosa, Oklahoma, the employee, Sky Frame, said in a post. It…

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Syrian, Iraqi forces say U.S. bombs military border positions, U.S. denies

Syrian, Iraqi forces say U.S. bombs military border positions, U.S. denies

FILE PHOTO: Popular Mobilisation Forces (PMF) march during a military parade in Daquq, nearby Kirkuk, Iraq August 5, 2017. REUTERS/Ako Rasheed/File Photo June 18, 2018 By Angus McDowall BEIRUT (Reuters) – Syrian state media said on Monday that U.S.-led coalition aircraft had bombed a Syrian army position near the Iraqi border, causing deaths and injuries, but the U.S. military denied it was responsible. The attack took place in al-Harra, southeast of the town of Albu…

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South Korea, U.S. agree to suspend joint military drills scheduled for August: Yonhap

South Korea, U.S. agree to suspend joint military drills scheduled for August: Yonhap

FILE PHOTO: The South Korean and American flags fly next to each other at Yongin, South Korea, August 23, 2016. Courtesy Ken Scar/U.S. Army/Handout via REUTERS June 18, 2018 SEOUL (Reuters) – South Korea and the United States have agreed to delay a joint military exercise called the “Ulchi Freedom Guardian,” South Korea’s Yonhap news agency said on Tuesday. The two countries were widely expected to announce the suspension of “large-scale” military drills this week…

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Wall Street ends modestly lower but energy shares rise

Wall Street ends modestly lower but energy shares rise

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S. June 13, 2018. REUTERS/Brendan McDermid June 18, 2018 By Chuck Mikolajczak NEW YORK (Reuters) – The Dow and S&P fell modestly on Monday, ending well off session lows, as gains in energy shares helped curb declines stemming from trade war concerns after China’s retaliation to U.S. tariffs. U.S. President Donald Trump said last week he was pushing ahead…

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Five hurt in Malmo shooting; not terrorism-related, say police

Five hurt in Malmo shooting; not terrorism-related, say police

Police stand next to a cordon after a shooting on a street in central Malmo, Sweden June 18, 2018. TT News Agency/Johan Nilsson/via REUTERS June 18, 2018 STOCKHOLM (Reuters) – Five people were wounded in central Malmo on Monday night in a shooting incident that Swedish police said was not terrorism-related. All five were taken to hospital, and police were questioning witnesses after sealing off the area where the shooting took place. No arrests had…

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Canada mulls auto firms aid in response to U.S. tariffs threat

Canada mulls auto firms aid in response to U.S. tariffs threat

FILE PHOTO: Canadian Minister of Innovation Science and Economic Development, Navdeep Bains, introduces Blackberry CEO John Chen (not pictured) at the North American International Auto Show in Detroit, Michigan, U.S., January 15, 2018. REUTERS/Rebecca Cook June 18, 2018 By David Ljunggren OTTAWA (Reuters) – Canada is considering all options, including providing financial aid to the auto industry, to cope up with possible U.S. tariffs, a senior federal minister said, even as officials expressed doubt Washington…

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Fed’s Bostic: Economy in ‘pretty good place’ to let rate rises continue

Fed’s Bostic: Economy in ‘pretty good place’ to let rate rises continue

FILE PHOTO: Atlanta Federal Reserve Bank President, Raphael Bostic speaks with Reuters in an interview at Stanford UniversityÕs Hoover Institution in Stanford, California, U.S., May 4, 2018. REUTERS/Ann Saphir/File Photo June 18, 2018 By Howard Schneider SAVANNAH, Ga. (Reuters) – The U.S. economy “appears to be in a pretty good place” that should let the Fed continue its steady program of raising interest rates, Atlanta Federal Reserve bank president Raphael Bostic said on Monday, though…

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