The bitter trade dispute between China and the US is increasingly spilling into the military domain, with a risky incident in the South China Sea highlighting the dangers of souring relations.

EU finance ministers on Tuesday vowed to crack down on money laundering in the wake of a $235 billion Danske bank scandal that shone a negative light on supervision standards in Europe.

Canadian dairy farmers have castigated Prime Minister Justin Trudeau's government for yielding to U.S. demands for greater access to Canada's protected milk and cheese market as part of a new continental trade pact, but auto workers were pleased.

Saudi Arabia has given a $200 million cash infusion to Yemen's Central Bank to shore up its reserves after the war-torn country's currency went into freefall over the past few weeks.

The state-run Saudi Press Agency says the "donation" will help "achieve stability of the Yemeni economy and boost the local currency."

Oil prices held around four-year highs Tuesday after another blistering rally, supporting energy firms, but most markets were in retreat as traders brushed off a positive lead from Wall Street and the US-Mexico-Canada trade deal.

U.S. President Donald Trump on Monday said tensions with Canadian Prime Minister Justin Trudeau were over after announcing a new trade deal with Mexico and Canada to replace the quarter-century-old NAFTA accord.

President Donald Trump on Monday hailed the 11th-hour trade deal struck between the United States, Mexico and Canada to replace the quarter-century old NAFTA accord, calling it the biggest in U.S. history.

Prime Minister Justin Trudeau on Monday hailed a continental trade deal reached with the United States, along with Mexico, as "profoundly beneficial" to Canadians.

Canada and the US reached a deadline deal on a new free trade pact that will include Mexico, the governments announced late Sunday, after more than a year of talks to revamp a pact President Donald Trump had labeled a disaster.

Long-delayed reforms to the global trading system have sparked an increase in tensions among major economies, and derailed the economic benefits most often felt by the poor, according to a new report released Sunday.