THE DAILY REPORT
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GBP BOE Governor Carney Speech
Major Bloomberg & Reuters News
Fear of Trump Helps Bring Rivals China and Japan Closer Together
When Shinzo Abe took office six years ago, it would’ve been unthinkable for China’s leaders to roll out the red carpet for him. The Japanese prime minister can thank U.S. President Donald Trump for the turnaround
Abe heads to Beijing this week to celebrate the 40th anniversary of a peace-and-friendship treaty between the Asian powerhouses, which have a long history of bad blood due in part to Japan’s colonial invasions of China and atrocities committed during World War II. He’ll meet Chinese President Xi Jinping on Friday as part of the first bilateral visit by a Japanese leader in seven years
Wall St. extends recent fall but ends well off day's lows
U.S. stocks fell on Tuesday after worries about the earnings outlook added to recent selling pressure, though major indexes ended well off the day’s lows as investors snapped up beaten-down shares late in the session
Shares of Caterpillar tumbled 7.6 percent after the heavy-equipment maker maintained its 2018 earnings forecast, following forecast increases in the previous two quarters
(Times In AEST)
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