Britain's Treasury chief is expected to outline plans to ensure the nation's financial services industry can thrive after the U.K. leaves the European Union when he delivers a speech to top business executives Thursday night

Global markets are mixed amid trade tension between the U.S. and China

China has accused the U.S. of using pressure tactics and blackmail in its threats to impose tariffs on hundreds of billions of dollars of Chinese imports

Asian shares are mostly up due to fading concerns of a possible trade war since a US tariff threat against China so far hasn't materialized

Xiaomi, a Chinese star built on selling ultra-low-priced smartphones, is preparing for a big initial public offering with goals of expanding beyond Asia and beyond hardware