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  • China preparing plan to increase access for foreign companies: WSJ
    China is planning to replace an industrial policy with a new program that promises greater access for foreign companies, the Wall Street Journal reported on Wednesday, in a move to resolve trade tensions with the United States.
  • Germany seeks to assist potential bank merger: Bloomberg
    Germany is holding high-level talks to facilitate a possible merger of the nation's two largest private banks - Deutsche Bank and Commerzbank - Bloomberg reported on Wednesday.
  • Wall Street climbs 1 percent on trade optimism
    U.S. stocks rose 1 percent on Wednesday, boosted by technology stocks, as a report about China planning to increase access for foreign firms added to optimism fuelled by President Donald Trump's upbeat comments on trade.
  • U.S. not swayed by WTO reform proposals
    Proposals for reforming the World Trade Organization fail to deal with problems raised by the United States, U.S. Ambassador Dennis Shea told the WTO's General Council on Wednesday.

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