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The United States on Monday removed the label of "currency manipulator" from China, a move experts said is "just recognizing reality" and will be welcomed by investors.

The US government has given additional four weeks for the public to comment on extending a temporary license that will allow US companies to continue doing business with Chinese tech giant Huawei.

The United States continues to tighten restrictions on China in the high-end technology sector. As of May, more than 300 companies and institutions in China had been included in the so-called entity list. At the same time, Chinese companies that want to invest in the US are subject to stringent and harsh scrutiny by the Committee on Foreign Investment in the United States.

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The US Securities and Exchange Commission warned investors about potential risk related to stocks of companies that claim a relationship to, or engagement with, ICOs.

The US seafood industry also urged USTR to avoid a tariff war with China. The National Fisheries Institute, Pacific Seafood Processors and the At-Sea Processors Association warned the USTR that any sanctions against China's seafood industry would "badly harm" US seafood exporters, harvesters and processors.

The U.S. Department of Transportation's Pipeline and Hazardous Materials Safety Administration (PHMSA) said it was sending a team to support the state's emergency response efforts.

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The US government produced satellite photos showing what officials said were at least 19 points of impact at two Saudi energy facilities, including damage at the heart of the kingdom's crucial oil processing plant at Abqaiq.

The US corn crop was rated 55 percent good or excellent at the start of the week, down from 58 percent a week earlier.

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The UK and Europe have been advocates of trade liberalisation and firm supporters of the multilateral system of trade. The leaders of the UK, France and Germany have expressed their concerns over US protectionism and stressed that WTO rules should be the basis for solving trade disputes. This clearly points to shared interests for China and Europe in safeguarding the multilateral trade regime.

The Typhoon, with an atmospheric pressure of 950 hectopascals at its center and packing powerful winds of up to 198 kph, hit the Shizuoka Prefecture region of central Japan on the main island of Honshu at around 3:00 am local time.