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Picture of Asian shares mixed after China stabilizes currency

Asian shares mixed after China stabilizes currency

People walk by an electronic stock board of a securities firm in Tokyo, Wednesday, Aug. 7, 2019. Asian shares were mostly lower Wednesday as markets calmed after China’s decision to stabilize its currency.

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Picture of China’s yuan falls below sensitive level of 7 to US dollar

China’s yuan falls below sensitive level of 7 to US dollar

FILE - In this June 10, 2019, file photo, a man walks past a money exchange shop decorated with different banknotes at Central, a business district of Hong Kong. China's yuan fell below the politically sensitive level of seven to the U.S. dollar on Monday, Aug. 5, 2019, possibly adding to trade tension with Washington. The currency weakened to 7.0177 in early trading following U.S. President Donald Trump's threat last week of tariff hikes on additional Chinese imports in a fight over Beijing's trade surplus and technology policies.

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Picture of Nintendo profit drops on exchange rate despite sales boost

Nintendo profit drops on exchange rate despite sales boost

A Super Mario figure is displayed at a showroom in Tokyo, Tuesday, July 30, 2019. Japanese video game maker Nintendo Co. has reported fiscal first quarter profit dipped to about half of what it was the previous year despite improved sales as an unfavorable exchange rate eroded earnings.

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Picture of Uber lays off 400 employees from global marketing team

Uber lays off 400 employees from global marketing team

FILE - This June 21, 2017, file photo shows the building that houses the headquarters of Uber, in San Francisco. Uber is laying off 400 employees in marketing, about a quarter of the marketing team's global workforce of 1,200 people. The move, announced Monday, July 29, 2019, follows a leadership shake-up in June when CEO Dara Khosrowshahi combined the company's marketing, communications and policy teams.

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Picture of Asian shares mostly fall as market eyes US-China trade talks

Asian shares mostly fall as market eyes US-China trade talks

An investor walks in front of stock trading boards at a private stock market gallery in Kuala Lumpur, Malaysia, Monday, July 29, 2019. Asian shares were mostly lower Monday as investors watched for developments in the trade conflict between the U.S. and China, with talks set to continue this week.

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Picture of Asian shares mixed as China reports economy slowed in 2Q

Asian shares mixed as China reports economy slowed in 2Q

Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Monday, July 15, 2019. Shares are mixed in Asia, led by gains in Chinese markets after the government reported that the economy grew at the slowest pace in a decade in the last quarter.

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Picture of Huawei calls on US to lift export restrictions

Huawei calls on US to lift export restrictions

People walk past a Huawei retail store in Beijing, Sunday, June 30, 2019. Once again, Presidents Donald Trump and Xi Jinping have hit the reset button in trade talks between the world's two biggest economies, at least delaying an escalation in tension between the U.S. and China that had financial markets on edge and cast a cloud over the global economy.

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Picture of ASEAN defense ministers discuss security proposals

ASEAN defense ministers discuss security proposals

ASEAN defense ministers pose for a group photo ahead of the ASEAN Defense Ministers' Meeting Thursday, July 11, 2019, in Bangkok, Thailand. They are, from left to right, are Brunei's Haji Awang Halbi bin Haji Mohd Yusof, Cambodia's Tea Banh, Indonesia's Ryamizard Ryacudu, Laos' Chansamone Chanyalath, Malaysia's Mohamad Sabu, Thailand's Prawit Wongsuwan, Myanmar's Sein Win, Philippines' Delfin Lorenzana, Singapore's Ng Eng Hen, Vietnam's Nguyen Chi Vinh and ASEAN secretary-general Lim Jock Hoi.

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Picture of Asian shares mostly retreat ahead of Fed statement

Asian shares mostly retreat ahead of Fed statement

An investor walks in front of stock trading boards at a private market gallery in Kuala Lumpur, Malaysia, Tuesday, July 9, 2019. Asian shares mostly fell Tuesday in quiet trading as investors waited for signs on what might be ahead for U.S. interest rates.

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Picture of Asian stocks sink after US jobs data hurt hopes of rate cut

Asian stocks sink after US jobs data hurt hopes of rate cut

A currency trader walks by the screens showing the foreign exchange rates at the foreign exchange dealing room in Seoul, South Korea, Monday, July 8, 2019. Asian stocks tumbled Monday after relatively strong U.S. employment data tempered hopes the Federal Reserve might cut interest rates.

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