Asia rises as stimulus hopes lift Chinese stocks amid trade row

Asian stocks rose across the board on Wednesday as expectations that Beijing would implement stimulus to soften the economic blow from the Sino-U.S. trade war helped Chinese shares rally.

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Posted on Wed, 19 Sep 2018 01:48:40 -0400

Kavanaugh accuser wants FBI investigation before she will testify

A woman who has accused President Donald Trump's Supreme Court nominee, Brett Kavanaugh, of sexual assault decades ago wants her allegations to be investigated by the FBI before she appears at a U.S. Senate hearing, her lawyers said on Tuesday.

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Posted on Wed, 19 Sep 2018 01:25:02 -0400

North Korea's Kim says to scrap missile sites, visit Seoul

North Korea agreed on Wednesday to "permanently" abolish its key missile facilities in the presence of foreign experts, and said it is willing to close its main nuclear complex if the United States takes unspecified "reciprocal action".

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Posted on Wed, 19 Sep 2018 01:19:36 -0400

AstraZeneca plots China robot offensive to counter price cuts

With smart cancer diagnostics, one-stop-shop diabetes kits and AI systems to improve ambulance pick-ups for patients with chest pain, AstraZeneca aims to move from simply supplying drugs to become a broad healthcare provider in China.

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Posted on Wed, 19 Sep 2018 01:08:52 -0400

Bayer's Monsanto asks U.S. court to toss $289 million glyphosate verdict

Bayer AG unit Monsanto on Tuesday asked a California judge to throw out a $289 million jury verdict awarded to a man who alleged the company's glyphosate-based weed-killers, including Roundup, gave him cancer.

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Posted on Wed, 19 Sep 2018 01:00:41 -0400

Trump hails 'exciting' agreements by North Korea's Kim

U.S. President Donald Trump welcomed developments on Wednesday at an inter-Korean summit in the North Korean capital of Pyongyang as "very exciting".

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Posted on Wed, 19 Sep 2018 00:36:49 -0400

North, South Korea agree to pursue joint 2032 Olympic Games bid

The two Koreas have agreed to pursue a bid to co-host the 2032 Olympic Games, they said in a joint statement on Wednesday following a summit between North Korean leader Kim Jong Un and South Korean President Moon Jae-in.

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Posted on Wed, 19 Sep 2018 00:36:49 -0400

Asian firms' confidence sinks to near three-year low on trade war fears: Thomson Reuters/INSEAD poll

Confidence among Asian companies slumped to the weakest in almost three years in the third quarter as businesses feared blowback from a worsening global trade war, a Thomson Reuters/INSEAD survey showed.

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Posted on Wed, 19 Sep 2018 00:12:09 -0400

China to penalize $60 billion of U.S. imports in tit-for-tat move

China and the United States plunged deeper into a trade war on Tuesday after Beijing added $60 billion of U.S. products to its import tariff list in retaliation for President Donald Trump's planned levies on $200 billion worth of Chinese goods.

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Posted on Tue, 18 Sep 2018 23:16:16 -0400

China's Premier Li says unilateral trade actions will not resolve problems

China's Premier Li Keqiang said on Wednesday that multi-lateralism should be upheld, and that unilateral trade actions will not solve any problems.

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Posted on Tue, 18 Sep 2018 23:16:00 -0400

North Korea to allow international inspections for nuclear dismantlement, if U.S. takes reciprocal measures

North Korea agreed to allow international inspectors to observe a "permanent dismantlement" of its key missile facilities, and will take additional steps such as closing its main Yongbyon nuclear complex if the United States takes reciprocal measures, South Korea's President Moon Jae-in said on Wednesday.

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Posted on Tue, 18 Sep 2018 23:11:49 -0400

Two Koreas to sign joint statement after summit: Seoul

Leaders of North and South Korea plan to sign a joint statement on inter-Korean relations after their summit on Wednesday in the North's capital Pyongyang, Seoul officials said.

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Posted on Tue, 18 Sep 2018 23:07:30 -0400

Judiciary Committee chairman says 'no reason to delay' Ford testimony

Senate Judiciary Committee Chairman Chuck Grassley said on Tuesday there is no reason to delay the testimony of Christine Bassley Ford, and an invitation for her to appear before the committee on Monday stands.

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Posted on Tue, 18 Sep 2018 23:05:26 -0400

Carolinas deluged by floods as Florence moves on

Rivers and waterways, swollen after Florence's historic deluge, rose dangerously across the Carolinas on Tuesday, closing roads, inundating communities, hindering rescue and repair efforts and preventing evacuees from returning home.

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Posted on Tue, 18 Sep 2018 22:51:54 -0400

Lawyer says director Peter Jackson might testify against Weinstein in Judd's lawsuit

"The Lord of the Rings" director Peter Jackson has spoken with actor Ashley Judd's legal team and could furnish "powerful" testimony supporting her defamation and sexual harassment suit against film producer Harvey Weinstein, her attorney said on Tuesday.

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Posted on Tue, 18 Sep 2018 22:43:00 -0400

Hog deaths, manure flooding from Florence seen surpassing 2016 hurricane

North Carolina estimated on Tuesday that 3.4 million poultry birds and 5,500 hogs died in Hurricane Florence, exceeding the number killed in the state's last major hurricane two years ago.

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Posted on Tue, 18 Sep 2018 22:32:57 -0400

Over 267,000 customers without power in Carolinas after Florence

More than 267,000 U.S. homes and businesses, mostly in North Carolina and South Carolina, were still without power on Tuesday after Hurricane Florence hit the North Carolina coast on Friday, power companies said.

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Posted on Tue, 18 Sep 2018 22:24:54 -0400

Trump says FBI should not probe allegations against top court pick

U.S. President Donald Trump said on Tuesday that the FBI should not investigate a California professor's allegations of sexual assault against Trump's pick for U.S. Supreme Court, Brett Kavanaugh, adding that he wants his nominee confirmed quickly.

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Posted on Tue, 18 Sep 2018 21:38:50 -0400

Wall Street bounces back as investors shrug off trade tensions

Wall Street rebounded on Tuesday in a broad-based rally as investors brushed aside intensifying trade rhetoric between the United States and China.

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Posted on Tue, 18 Sep 2018 21:36:15 -0400

China will use trade war with U.S. to replace imports: state media

China is not afraid of "extreme measures" the United States is taking in their trade war and will use it as an opportunity to replace imports, promote localization and accelerate the development of high-tech products, state media said.

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Posted on Tue, 18 Sep 2018 20:33:14 -0400