New home sales tumble from near 9-1/2-year high
WASHINGTON New U.S. single-family home sales tumbled from near a 9-1/2-year high in April, but the housing recovery likely remains intact amid a tightening labor market.
SEOUL South Korean exports fell 5.9 percent in September in annual terms, revised customs data showed on Monday, matching earlier estimates.
September imports were revised down by 1.7 percent in annual terms, slightly better than the 2.3 percent drop initially projected.
The resulting trade balance was narrower at $6.9 billion than the estimated $7.11 billion.
(Reporting by Cynthia Kim; Editing by Eric Meijer)
WASHINGTON U.S. President Donald Trump wants lawmakers to slash healthcare and food assistance programs for the poor as they cut $3.6 trillion in government spending over 10 years, according to the White House's budget proposal for next year.
SINGAPORE/VIENNA President Donald Trump's proposal to sell half of the U.S. strategic oil reserve highlights a decline in the biggest oil user's reliance on imports - and a weaning off OPEC crude - as its domestic production soars.