TODAY

REUTERS:US investment in Malaysia up sharply as trade row with China drags on. Malaysia approved US investment worth US$5.62 billion (RM23.6 billion) in the first half of the year compared with US$113 million the previous year, the government said today, a possible sign of a diversion of US business as a trade row with China drags on. Economists say Vietnam and Malaysia are likely to be the biggest beneficiaries, though countries such as India are also trying to attract companies such as Apple, Foxconn and Wistron Corp.

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CNBC: Dow rises more than 150 points as Hong Kong tensions ease. Stocks rose on Wednesday as tensions in Hong Kong between the government and protesters eased after the withdrawal of a controversial bill.

WSJ: U.S. Stocks Rise Amid Global Rally. U.S. stocks rose Wednesday, following rallies in global markets as political developments eased fears of instability in Hong Kong and a messy Brexit.

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