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The broad-based S&P 500 was down 0.5 percent to 2,121.65, while the tech-rich Nasdaq composite Index lost 0.5 percent to 5,190.73 (AFP Photo/Drew Angerer) / MANILA BULLETIN

S&P 500 hits all-time high on trade talk optimism

By Agence France-Presse Wall Street stocks surged to new heights on Tuesday amid renewed optimism the US is working towards defusing the spiraling trade confrontations.…

The Turkish lira had a much better day, but the road to recovery will be long (AFP / MANILA BULLETIN)

Equities enjoy breather as Turkish lira rebounds

By Agence France-Presse Turkey's lira recovered steadily Tuesday, taking the pressure off stock markets although a boost from early bargain-hunting fizzled out, leaving most European…