Currencies

President Trump talks up dollar in Davos

Trump said he ultimately wants the dollar to be strong, lifting the greenback and contradicting comments made by Treasury Secretary Steven Mnuchin one day earlier.

Business Highlights

___ Dollar tumbles after US treasury chief welcomes weaker value DAVOS, Switzerland (AP) — The U.S. treasury chief has welcomed a weaker value in the dollar, breaking with a past commitment by the U.S. government to back a strong dollar.

Asian shares mixed on renewed jitters over trade friction

U.S. stocks are mixed in early trading Tuesday as consumer-focused companies like Netflix and Amazon climb while household goods makers including Johnson & Johnson and Procter & Gamble sink following disappointing quarterly reports.

Easing stance, South Korea to adopt real-name crypto trading

South Korea plans to require local banks to launch a real-name system for crypto currency trading that will make the up-to-now anonymous transactions be traceable as the country seeks to curb speculation and criminal activities.