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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...

Williams off to winning start in WTA return.

Serena Williams shook off the rust from a 15-month layoff due to pregnancy to win her opening match at the WTA Indian Wells event with a 7-5, 6-3 victory over Zarina Diyas.
The unseeded Williams was the top-ranked player in the world when she began her long layoff following her victory at the 2017 Australian Open, where she was already expecting daughter Alexis Olympia who was born in September.
After a couple of exhibitions and a Fed Cup doubles match, Williams said Thursday she is ready to hit with the big guns on the Tour again.
“I am not going to be there today or next week but I will get there and I do have my goals,” Williams said.
“At some point I need to jump and fly. It takes time to get back.”
Williams entered the court Thursday night to a loud ovation, with many in the half full stadium standing and applauding as she came out of the tunnel for just her third appearance in Indian Wells in the last 17 years.
After that it was a matter of gradually asserting herself by taking control of the rallies, and she got the first break of serve in the 11th game of the first set and secured the set in the next game on her third set point.
Her daughter was born on September 1 but Williams says throughout the postnatal period she tried to maintain a level of fitness.
Sitting in Williams’ box were her husband and Reddit co-founder Alexis Ohanian, mother Oracene, sisters Lyndrea and Isha, her agent, and her coach Patrick Mouratoglou. Older sister Venus watched from a seat in an upper-level box.
The 36-year-old American is the star attraction in Indian Wells, but behind her popularity this year was the mystery surrounding her match fitness and ball-striking ability.
The 23-time Grand Slam winner answered some of those questions Thursday by blasting four aces and winning 63 percent of her first-serve points.
“From zero to Serena I am with the S,” she said. “I have got a ways to go.
“It is a journey for me and I am just going to go for it.
“I wanted to stay fit and just be ready. I wasn’t ready to retire yet even though it would have been a great way to retire.”
– Venus clash ahead? –
Williams set up a second round match with 29th seeded Kiki Bertens. A win over Bertens could see her face Venus in the third round.
Venus, who is seeded eighth, enjoyed a first round bye and will play Romania’s Sorana Cirstea in her opening match.
Serena boycotted Indian Wells for 14 years after she was booed in the 2001 final. She returned in 2015 but had to pull out before her semi-final against Simona Halep with a knee problem.
In 2016, she lost in the final to Victoria Azarenka, 6-4, 6-4.
The birth of Williams’s daughter was followed by life-threatening complications that scuppered her plans to defend her title in Melbourne.
Williams says she now lives in fear of blood clots, a condition that surfaced during a harrowing postnatal ordeal in September. In an op-ed piece she wrote for CNN last month, the tennis legend lifted the lid on her near-death experience while giving birth after getting blood clots in her lungs.
“I think about the moment in the hospital and not even realizing how serious it was until later to be able to come through that. Going through that I know I am able to be strong win or lose,” she said.
Indian Wells features a star-studded women’s field in a tournament that looks wide open for the taking by any of the top 10 seeds, led by world number one Halep.
Like Williams, Azarenka ended a long layoff from a pregnancy by competing in the final match of the Indian Wells night session Thursday.
Azarenka, who needed a wildcard to get into the draw, cruised past Britain’s Heather Watson 6-4, 6-2.

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