SINGAPORE/LONDON/NEW YORK () -Global markets were volatile while the dollar rebounded on Tuesday in choppy trading in the first few hours of Donald Trump's new presidency after he announced plans for trade tariffs on neighbouring countries. Trump was quoted saying his team was thinking of tariffs around 25% on Canada and Mexico which could be

By Takaya Yamaguchi and Makiko Yamazaki TOKYO () -Japan is closely watching currency market positions, including those built on speculative bets, because volatility in exchange rates is undesirable, its top currency diplomat Atsushi Mimura said on Tuesday. "We're definitely watching out for speculative positions on a daily basis as excessive volatility or disorderly currency movement

(This Jan.17 story has been republished to fix a formatting error, with no changes to text) BEIJING () - China's economy grew 5% last year, matching the government's target, but in a lopsided fashion, with many people complaining of worsening living standards as Beijing struggles to transfer its industrial and export gains to consumers. The

By David Lawder, Andrea Shalal and Jarrett Renshaw WASHINGTON () -President Donald Trump did not immediately impose tariffs on Monday as previously promised but said he was thinking about imposing 25% duties on imports from Canada and Mexico on Feb. 1 over illegal immigrants and fentanyl crossing into the U.S. As he was sworn into

By Jihoon Lee SEOUL () - South Korea's acting president Choi Sang-mok said on Tuesday he hoped for bilateral relations with Washington to develop more reciprocally under the Trump administration, citing concerns about how U.S. policies might hit Asia's fourth-largest economy. "The government will strive to further strengthen policy cooperation with the United States and

By Rahul Trivedi BENGALURU () - The South Korean economy barely grew last quarter as political chaos weighed on consumer spending, according to a poll of economists who expect the Bank of Korea to cut interest rates next month following a surprise hold last week. Asia's fourth-largest economy grappled with uncertainty from President Yoon Suk

By David Shepardson () - New Jersey Governor Phil Murphy on Monday asked President Donald Trump to reexamine the federal government's approval of New York City's first-in-the-nation congestion pricing program that began on Jan. 5. Murphy, a Democrat, said the program is a "disaster for New Jersey commuters and must receive the close look it

BRUSSELS () - European Union finance ministers agreed on Monday to stay united in their approach to the new U.S. administration and that a more competitive EU economy was the best protection from potential transatlantic economic challenges, EU diplomats said. At an informal dinner, the EU's 27 finance ministers also agreed that deeper ties with

LONDON/NEW YORK () - The dollar extended its slide while crude prices curtailed their losses after U.S. President Donald Trump said on Monday he would tariff and tax countries to enrich Americans, overhaul the trade system and declare a national energy emergency. COMMENTS: EUGENE EPSTEIN, HEAD OF TRADING AND STRUCTURED PRODUCTS, NORTH AMERICA, MONEYCORP NE,W

By Jan Strupczewski BRUSSELS () - The return of U.S. President Donald Trump to the White House is a wake-up call for European Union countries to fix their economies and become more competitive, the EU's senior financial officials said on Monday as Trump was sworn in for a second term. The 27-nation EU became increasingly