President Donald Trump said Friday that he will nominate former Federal Reserve official Kevin Warsh to be the next chair of the Fed, a decision likely to result in sharp changes to the powerful agenc...

U.S. President Donald Trump on Friday said he had picked former Federal Reserve governor Kevin Warsh as the next head of the Federal Reserve, when Chair Jerome Powell steps down in May.

MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) fluctuated between gains and losses and was recently down 0.2%, extending the previous day's declines as it headed for its be...