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Stocks climb on US-China trade optimism, Treasuries edge up

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Bloomberg US equity-index futures advanced with European stocks while Asian shares rose modestly as investors weighed hopes for high-level trade talks next month between America and China against mixed economic data from around the globe. The pound rose after a court ruling key to Brexit. Contracts on the three main US equity benchmarks all pointed to a firm open after ...

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Managers: Philippine stock index to surge above key 8,000 level

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Bloomberg Some of the Philippines’ top money managers see central bank easing and low inflation pushing the nation’s equity benchmark back above the key 8,000 level. The Philippine Stock Exchange Index has retreated 5.8 percent since riding a bull market to as high as 8,365.29 on July 15. The gauge has breached the 8,000 mark about a dozen times this ...

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FAA chief stresses need for better plane design, piloting

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Bloomberg The top US aviation regulator briefed his counterparts from around the world on the grounded Boeing Co 737 Max, reminding them that improvements in both aircraft design and piloting are needed for safety. Newly installed FAA Administrator Steve Dickson pledged in his opening statement to continue sharing information as the agency assesses Boeing’s proposed fixes for a flight-control system ...

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