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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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Wenger charged by FA over West Brom outburst.

Arsenal manager Arsene Wenger has been charged by the Football Association (FA) over his conduct following the 1-1 draw with West Bromwich Albion on Sunday English football’s governing body announced Tuesday.
The 68-year-old Frenchman reacted furiously to referee Mike Dean’s decision to award a penalty to West Brom in the 89th minute for handball by Calum Chambers.
 
The FA said the charge against Wenger was for his conduct in the match officials’ dressing room after the final whistle — he has till 1800GMT on Friday to respond to the charge.
Wenger did not sound repentant earlier on Tuesday at his press conference on the eve of their game with Chelsea.
“It was very disappointing,” Wenger said.
“What is more frustrating for me is it happened many times this season — at Stoke, Watford, Man City, now West Brom.
“It is a concerning coincidence for me.
“That is why as well I was not at all happy with the movement the referee made as to why he gave the penalty. It did not correspond at all with what happened.
“On that front it’s a bit worrying. He saw what he wanted to see.”

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