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European shares rose on Wednesday, with banks leading the gains as investors awaited the U.S. Federal Reserve's first economic projection since the COVID-19 pandemic set off a recession in February.

Fujairah Oil Industry Zone on Wednesday published, via industry information service S&P Global Platts, the following weekly inventory data for oil products for the week ended June 8. Volumes are in thousands of barrels. Figures in brackets represent volume change from prior week calculated by Reuters. Week Light Middle Residual Total Distillates Distillates Fuels 2020

Asia's stock markets edged up to a fresh three-month high on Wednesday, with the dollar again under pressure but sentiment was largely cautious ahead of the U.S. Federal Reserve's next move.

Hong Kong police arrested 53 people during protests on Tuesday evening that saw hundreds of activists take to the streets, at times blocking roads in the heart of the global financial hub, before police fired pepper spray to disperse crowds.

The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.

Singapore kicked off a global rush to develop contact tracing apps for the novel coronavirus when the city-state launched an apparently new system in March.

Japanese shares clawed back lost ground to end the morning trade almost flat on Wednesday as investors rushed to buy growth and start-up stocks on continued hopes of a swift recovery from an economic contraction sparked by the coronavirus crisis.

CrossFit Inc founder Greg Glassman stepped down as chief executive on Tuesday, days after he apologized for his tweet on the killing of an unarmed black man as it drew criticism and led to footwear brand Reebok ending its tie up with the fitness regimen.

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Asian stock markets eked out a 10th consecutive session of gains on Wednesday, but momentum ebbed as doubts about the global recovery from the pandemic returned ahead of the U.S. Federal Reserve meeting.

Bon Appetit's editor-in-chief, Adam Rapoport, resigned late Monday after a 16-year-old picture of him with brownface resurfaced online and drew harsh criticism, coupled with a subsequent claim of discriminatory pay at the Conde Nast-owned U.S. food magazine by a staff editor.

Canadian IT and consultancy company CGI Inc said on Tuesday former Bank of Canada governor Stephen Poloz has joined its board.

The U.S. dollar is unlikely to make significant moves higher in the near term because of the ballooning budget deficit, Jeffrey Gundlach, the billionaire chief executive of DoubleLine Capital, said on a webcast presentation on Tuesday.

Hong Kong police arrested 53 people during protests on Tuesday evening that saw hundreds of activists take to the streets, at times blocking roads in the heart of the global financial hub, before police fired pepper spray to disperse crowds.

The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.

The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.

* U.S.-listed Chinese firms highlight risk from tight regulations

Chicago soybeans rose on Wednesday with prices supported by solid demand from the world's biggest importer China.

Asian equities slipped on Wednesday after most U.S. stocks pared gains made during their recent rally, although the Nasdaq benchmark reached its second straight day at a record high as oil prices rose.