President Donald Trump said Tuesday that he signed legislation to impose sanctions on China in response to its interference with Hong Kong’s autonomy. Trump also said in the White House Rose Garden … ( read…
FINANCE
Trump signs Hong Kong sanctions bill in blow for China
Signing the sanctions bill into law marks the Trump administration’s latest move to punish China for its new national security law. ( read original story …)
Fmr. Asian policy analyst says U.S.-China relationship now long-term competition
Dewardric McNeal, Longview Global managing director and former Asian policy analyst at the Department of Defense, joins “Closing Bell” to talk about the U.S. and China relationship. ( read original story …)
Trump ends special treatment for Hong Kong, rips Biden for weakness on China
President Donald Trump signed a bill and executive order Tuesday sanctioning Chinese officials and ending the special treatment of Hong Kong. ( read original story …)
Trump signs executive order to hold China accountable for actions against Hong Kong
President Trump on Tuesday announced two actions his administration has taken against China as tensions between Washington and Beijing continue to rise. ( read original story …)
China Tensions Rise, Big Bank Earnings
That was the message sent by markets on Tuesday, as all three major U.S. stock indices finished notably higher – despite the U.K. outright banning China communications powerhouse Huawei from making … ( read original…
China to further contain risks in shadow banking
China will further crack down on illegal activities in the shadow banking sector as part of efforts to contain financial risks, the country’s top banking authority said on Tuesday. The China Banking … ( read…
Futures rise with bank earnings in focus
U.S. stock index futures rose on Tuesday as investors geared up for quarterly earnings reports from the big U.S. banks to provide clues on corporate America’s expectations for the pace of an economic … (…
China posts first import growth since pandemic, exports also up
Exports also rose unexpectedly, up 0.5%, suggesting global demand is starting to pick up again as many countries begin to ease tough anti-virus measures that have pushed the world’s economy into its … ( read…
Britain bans China’s Huawei, handing US big win
Britain on Tuesday bowed to US pressure and approved the phased removal of Chinese telecoms giant Huawei from its 5G network despite warnings of retaliation from Beijing. The policy reversal hands a m … (…
Stock futures trade cautiously on bank earnings, China tensions
U.S. equity futures are trading between gains and losses heading into the Tuesday’s Wall Street session. GET FOX BUSINESS ON THE GO BY CLICKING HERE A trio of big financial names will report results … (…
China’s Hottest Stocks Sink as Beijing Cools Speculative Fervor
(Bloomberg) — Volatility is picking up in China’s most overheated stocks, a sign that this month’s $1.5 trillion rally is looking vulnerable. The ChiNext Index plunged as much as 3.5% Tuesday before … ( read…
China June exports unexpectedly rise as economies reopen, imports up
shrinking global demand and disruptions in supply chains are likely to pressure China’s trade outlook in the long term, Institute of Advanced Research at Shanghai University of Finance and … ( read original story …)
