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...
Brazilian superstar Neymar will undergo surgery on his fractured foot in Brazil as early as Thursday, ruling the world’s most expensive footballer out of Paris Saint-Germain’s do-or-die Champions League clash with Real Madrid. The 26-year-old suffered a hairline fracture of the fifth metatarsal in his right foot as well as a twisted ankle late in PSG’s 3-0 win over Marseille in Ligue 1 on Sunday. PSG said Wednesday that Rodrigo Lasmar, the surgeon with the Brazilian national squad, will carry out the operation with several Brazilian media outlets reporting that the surgery would take place as early as Thursday. Radio Tupi said Neymar, his father and surgeon Lasmar left Paris Wednesday night for Belo Horizonte’s Mater Dei Hospital where the operation is set for Thursday according to O Globo newspaper, one of Brazil’s leading dailies. Website UoL also reported the surgery would take place in the southeastern Brazil city but said it was scheduled for Sunday. On Tuesda...