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Trump threatens to renew trade attack on China U.S. President Donald Trump has threatened to renew trade attack on China after he called the nation “cheaters”. “No one has manipulated or taken advantage of the United States ...
Oil dips as prospects dim for U.S.-China trade deal Oil prices dipped on Wednesday as prospects for a trade deal between Washington and Beijing dimmed, weighing on the outlook for the global economy and energy demand. U.S. President Donald ...
Toshiba Corp reported its second quarter profit, the company’s highest profit in over two years. The company is set to buy out three of its subsidiaries as it moves forward from a management crisis and accounting scandals. Toshiba reported ...
TOKYO- Japanese shares sunk lower on Wednesday after US President Donald Trump’s speech brought disappointment to investors as he disclosed very little information about the trade deal. In line with this, Hong Kong’s political ...
China’s e-commerce giant Alibaba Group is set to launch a Hong Kong share sale that is anticipated to raise $15 Billion as early as Thursday, according to the two sources knowledgeable of the discussions. As Alibaba executives prepare ...
Hong Kong prepared for more tumults on Wednesday as the mass protests continue to spread violence around the city-state, paralyzing some transport links, schools, and businesses. Demonstrators scuffled with the police through the night at ...
MOSCOW-Russia planned to cut the share of US dollar in its National Wealth Fund as it is currently eyeing on investing in other foreign currencies including Chinese Yuan, Russian Deputy Finance Minister Vladimir Kolychev said on Wednesday. The ...
LONDON-European bonds plummeted on Tuesday on expectations that US President Donald Trump will yet again hold his decision on whether to implement tariffs on European autos. This dampened investors’ appetite regarding government debt. ...
The EU Commission planned to propose new rules on bank capital within the European Union by June, according to the EU finance commissioner. The idea is to introduce a reform that was globally agreed on two years ago. The new rules named Basel ...
“I’d like to make a deal, but it’s got to be the right deal.” This is what U.S. President Donald Trump said in light of the ongoing negotiations between his country and China to seal a trade deal and eventually end ...
Alibaba Group Holding Inc. reported sales of 158.31 billion yuan ($22.63 billion) for the first nine hours of its annual Singles’ Day shopping festival. The sales were 25%, or 126.72 billion yuan higher than the previous year. The annual ...
Oil prices fell amid resurfacing doubts on trade deal between the US and China, as well as excess supplies affecting the market. The contract climbed 1.3% last week while Brent crude dropped 0.9%, or 55 cents, placing it at $61.96 per barrel. ...
China’s auto industry shifts focus to rural car sales China’s auto industry executives met with government officials over the weekend in order to seek ways to promote higher car sales in rural areas, according to sources familiar ...
Hong Kong regulator fines UBS $51 million for overcharging clients Swiss Bank UBS was fined HK$400 million ($51.09 million) by Hong Kong’s securities regulator for overcharging around 5,000 clients for the past decade. The Hong Kong ...
TOKYO-Japan’s stock index reached 13-month high record last Friday brought by economic optimism. This followed after months of inactivity over conflicting data about Sino-US trade deal progress. The Nikkei rallied up to 0.26% at 23,391.87 ...
World billionaires’ wealth fell for the first time in a decade due to geopolitical unrest and fluctuating equity markets. According to the Union Bank of Switzerland (UBS), the world’s richest people experienced a decline in their ...
European shares began its session with weak footing last Friday compromising its performance throughout the week. This followed after US-China trade pact uncertainty left investors doubtful over the possibility of the said trade pact signing. ...
Washington and Beijing agree to retract existing tariffs Washington and Beijing had both agreed to retract existing tariffs on each sides’ goods on Friday. Gao Feng, spokesperson for China’s Commerce Ministry said that “both ...
Vietnam to inspect Chinese smartphones for disputed maps Vietnam will inspect all smartphones imported from China which includes Huawei and Xiaomi models according to the Tuoi Tre newspaper reports that cite Ngyuen Hung Anh, head of Vietnam ...
Shinzo Abe, Japan’s prime minister, ordered his cabinet to design a package of stimulus measures to beef up the economy and build infrastructure to cope with large natural disasters, according to a Japanese government spokesman. Chief ...
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