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Yahoo

Business - Trump, Brexit uncertainty hit stocks and dollar, gold jumps


By Nigel Stephenson LONDON (Reuters) - Stocks, bond yields and the dollar fell on Tuesday, while gold rose as investors drew in their horns in response to comments on the dollar from U.S. President-elect Donald Trump and ahead of a speech on Brexit from British Prime Minister Theresa May. Trump`s remarks that the dollar is too strong and hurting U.S. competitiveness pushed the greenback down across the board, even against sterling, which is under heavy pressure as May is expected to confirm her `hard Brexit` stance later on Tuesday. Britain`s pound was higher on the day but still close to Monday`s three-month lows, while the Japanese yen hit a six-week high as investors sought shelter from the mounting political risk of a week that also includes Trump`s inauguration.


Tuesday, January 17, 2017  10:04

Yahoo

World - Asia traders wary before May speech, Trump inauguration


Asian investors moved warily Tuesday as they look ahead to a crucial week for two of the world`s top economies as Britain outlines its plans for leaving the EU and Donald Trump is sworn in as US president. Britain`s pound edged up but remains stuck near three-decade lows against the dollar after weekend reports Prime Minister Theresa May intends to push for a clean break from the EU, including the single market and customs union. Friday sees Trump`s inauguration, which many are eyeing with uncertainty.


Tuesday, January 17, 2017  09:06

Yahoo

World - Chinese Super League curbs spending on foreign stars


The Chinese Super League has shocked the soccer world by spending huge sums to attract star foreign players but new rules introduced for the start of the 2017 season will have a significant impact on the game in China, Asia and perhaps around the world.


Tuesday, January 17, 2017  02:41

Yahoo

World - Top Asian News 12:19 a.m. GMT


BEIJING (AP) — Donald Trump has offered views on U.S. relations with Asia that could indicate radical shifts in long-standing policy toward the region. From opposing free trade agreements to confronting China and questioning Japan-South Korea alliances, he appears set to be charting a course far different from previous administrations. Yet, in other areas, including North Korea, India and Pakistan, Trump appears ready to carry forward well-established U.S. policy. As Trump prepares to be sworn-in as president on Friday, here is a look at some of the stand-out issues and how developments might play out: ___ TRADE — Trump says he plans to scrap the 12-nation trade pact known as the Trans Pacific Partnership agreement, or TPP.


Tuesday, January 17, 2017  00:34

Yahoo

Business - Pound quivers near three-month low, stocks weak before May`s Brexit stance speech


By Shinichi Saoshiro TOKYO (Reuters) - The pound hovered near three-month lows versus the dollar on Tuesday and stocks were mostly weaker as investors waited for British Prime Minister Theresa May to lay out plans to exit the European Union amid fears Britain will lose access to the single market. Speadbetters forecast a slightly lower open for Britain`s FTSE , Germany`s DAX and France`s CAC . According to her office, May will say in a speech later in the day that Britain will not seek a Brexit deal that leaves it `half in, half out` of the EU.


Tuesday, January 17, 2017  06:21

Yahoo

Business - Asia stocks and pound weak, brace for May`s speech on Brexit stance


By Shinichi Saoshiro TOKYO (Reuters) - Asian stocks and the pound sagged on Tuesday as investors waited for British Prime Minister Theresa May to lay out plans to exit the European Union, which traders fear will see Britain lose access to the bloc`s single market. Britain will not seek a Brexit deal that leaves it `half in, half out` of the EU, May will say later in the day, according to her office, in a speech setting out her 12 priorities for upcoming divorce talks with the bloc. Growing uncertainty over the policies of Donald Trump have also hurt equities, which had rallied in many parts of the world thanks to speculation that the U.S. President-elect would enact bold stimulus and reflationary measures once in office.


Tuesday, January 17, 2017  02:53

Yahoo

Business - Asia stocks and pound sag, May speech awaited for Brexit stance


Asian stocks and the pound sagged on Tuesday ahead of a speech by British Prime Minister Theresa May that could have implications for broader risk sentiment. Media have reported that May, due to speak later on Tuesday, will lay out plan to exit the European Union that would see Britain lose access to the bloc`s single market. Growing uncertainty over the policies of Donald Trump have also hurt equities, which had rallied in many parts of the world thanks to speculation that the U.S. President-elect would enact bold stimulus and reflationary measures once in office.


Tuesday, January 17, 2017  00:37

Yahoo

Sports - Golf-Garcia hoping for Singapore slingshot to new campaign


By John O`Brien SINGAPORE, Jan 17 (Reuters) - Sergio Garcia enjoyed a hard-earned winter break after a hectic 2016 and the Spaniard is now fit, fresh and raring to go when he opens his campaign at the Singapore Open this week in a region where he has enjoyed plenty of success. Garcia has won five events in as many countries on the Asian Tour and Singapore could become a sixth should he navigate the demanding Serapong Course better than a field of rivals that includes three-times tournament winner Adam Scott and Ernie Els. `I`ve always felt comfortable coming to Asia, I`ve done very well here in the tournaments I have played,` the world number 15 told reporters at Sentosa Golf Club on Tuesday.


Tuesday, January 17, 2017  08:17

Yahoo

Sports - Garcia hoping for Singapore slingshot to new campaign


By John O`Brien SINGAPORE (Reuters) - Sergio Garcia enjoyed a hard-earned winter break after a hectic 2016 and the Spaniard is now fit, fresh and raring to go when he opens his campaign at the Singapore Open this week in a region where he has enjoyed plenty of success. Garcia has won five events in as many countries on the Asian Tour and Singapore could become a sixth should he navigate the demanding Serapong Course better than a field of rivals that includes three-times tournament winner Adam Scott and Ernie Els. `I`ve always felt comfortable coming to Asia, I`ve done very well here in the tournaments I have played,` the world number 15 told reporters at Sentosa Golf Club on Tuesday.


Tuesday, January 17, 2017  08:17

BBC

Asia-Pacific - Australia Day ad showing girls in hijabs removed after threats


An image showing two girls in hijabs and an Australian flag is taken down after unspecified threats.


Tuesday, January 17, 2017  08:04

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