Change at the top: ZTE said outgoing chairman Zhao Xianming had resigned from the post "in order to improve the company's management by differentiating the role of chairman and president".
MarketWatch: Wall Street ended mixed after a choppy session on Wednesday as investors focused on President Donald Trump's struggle to push through a healthcare bill and snapped up stocks after a steep drop the day before. The DJIA declined 0.03% to end at 20,661.3 points, the S&P 500 gained 0.19% to 2,348.45 and the Nasdaq added 0.48% to 5,821.64. - Reuters
* The Trump Trade could start looking more like a Trump Tantrum if the new US administration's healthcare bill stalls in Congress, prompting worries on Wall Street about tax cuts and other measures aimed at promoting economic growth. Investors are dialling back hopes that US President Donald Trump will swiftly enact his agenda, with a Thursday vote on a healthcare bill a litmus test which could give stock investors another reason to sell. - Reuters
Energy
Oil prices slipped on Wednesday to their lowest since late November, with Brent testing the US$50 per barrel support, after data showed record high US crude inventories rising faster than expected, raising doubts over the viability of Opec-led output cuts. Brent crude shed 32 cents, or 0.6%, to settle at US$50.64 a barrel. - Reuters
Forex summary
*The ringgit lost 0.08% to 4.4315 per US$
*It lost 0.10% to 4.7792 versus euro
*Down 0.16% to 5.5273 per pound sterling
*Down 0.14% to 3.1644 per Singapore dollar
*0.32% lower to 3.3934 per Aussie
*0.21% higher at 3.9749 per 100 yen
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