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World markets dive as Trump sparks trade, North Korea worries

Global stocks sank Wednesday after US President Donald Trump said he was not satisfied with talks that are aimed at averting a trade war with China. Equities were also dented by poor eurozone economic data, and as Trump cast doubt on a planned summit with North Korean leader Kim Jong Un. “Trump (is) continuing to drive uncertainty over global trade,” said analyst Joshua Mahony at trading firm IG. “European markets are following their Asian counterparts lower, as a pessimistic tone from Trump is compounded by downbeat economic data,” he added. Markets had surged Monday after US Treasury Secretary Steven Mnuchin and Chinese Vice Premier Liu He said they had agreed to pull back from imposing threatened tariffs on billions of dollars of goods, and continue talks on a variety of trade issues. However, Trump has declared that he was “not satisfied” with the status of the talks, fuelling worries that the world’s top two economies could still slug out an economically pain...
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Tevez sheds bulk in bid to win over Chinese critics.



Carlos Tevez has lost several kilos in weight and wants to prove himself to sceptical Chinese fans who have booed him and labelled him “very homesick boy”, his club Shanghai Shenhua said on Thursday.
The former Argentina international has endured a turbulent 10 months in China since arriving to a hero’s welcome from Boca Juniors, missing around half the matches this season injured or unavailable.
In September new Shenhua manager Wu Jingui called the 33-year-old, one of the highest-paid players in the world on a reported 730,000 euros a week, overweight and ordered him to shape up.
Tevez, known by his detractors in China as “very homesick boy” because of his previous behaviour in jetting back to Argentina in times of trouble, appears to have taken note and has been putting in extra training to lose the bulk.
And with the first leg of the FA Cup against rivals Shanghai SIPG two weeks away, the former Manchester United and Juventus forward has gone from 78 kilos (170 pounds) at the start of the year to 72 kilos now, a Shenhua spokesman said, confirming reports in Chinese media that Tevez wants to prove his doubters wrong.
Tevez played all 90 minutes of Sunday’s 5-1 home rout of Yanbian Funde, scoring just his fourth Chinese Super League (CSL) goal this season.
The season-ending FA Cup final takes place over two legs this month and Tevez has previously hinted that he would look to quit China when the season finishes.

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