Worries over the trade impasse also hit China’s currency, which was dragged lower by heavy corporate demand for the greenback. Prior to the market open, the People’s Bank of China (PBOC) lowered the … (…
FINANCE
Trump fact check: A ‘fog of misinformation’ on the trade dispute with China, AP finds
The burden of Trump’s tariffs on imports from China and other countries falls entirely on U.S. consumers and businesses that buy imports, said a study in March by economists from the Federal Reserve … (…
Why Trump’s trade war with China could quickly send stocks down more than 10%
A 10% correction could be what we are looking at,” veteran strategist Matt Maley at Miller Tabak said on Yahoo Finance’s The First Trade Monday. Maley contends that still high stock valuations coupled … (…
China to slap tariffs on U.S. goods despite Trump warning
China’s finance ministry said it plans to set import tariffs ranging from 5% to 25% on 5,140 U.S. products on a revised $60 billion target list. It said the tariffs will take effect on June…
China to impose tariffs on $60 billion of U.S. goods
HONG KONG (Reuters) – China plans to impose tariffs on $60 billion worth of U.S. goods, the finance ministry said on Monday, after the United States escalated a bitter trade war with a tariff hike…
Trade row deepens as China ups tariffs on $60B in U.S. goods
BEIJING — Deepening a trade battle and sending financial markets spinning, China announced Monday it was raising tariffs on $60 billion of U.S. goods in retaliation for the latest hike in U.S. … ( read…
Sun Life CEO Dean Connor on growth in China (despite Huawei) and new benefits that cover transgender procedures
When Sun Life Financial Inc. reported its latest quarterly results last … But tensions over the Vancouver arrest of Huawei’s CFO have chilled Canada-China relations. Has that made it more difficult … ( read original…
Trade war: Investors brace for China retaliation to US tariffs – business live
Soybeans being unloaded at the port in Nantong, in China’s eastern Jiangsu province. Photograph: STR/AFP/Getty Images Soybean prices have slumped to their lowest level since the 2008 financial crisis, … ( read original story …)
Why We Think Beijing Tong Ren Tang Chinese Medicine Company Limited (HKG:3613) Could Be Worth Looking At
By this I mean, I look at stocks holistically, from their financial health to their future outlook. In the case of Beijing Tong Ren Tang Chinese Medicine Company Limited (HKG:3613), it is a … (…
Why We Think Beijing Tong Ren Tang Chinese Medicine Company Limited (HKG:3613) Could Be Worth Looking At
By this I mean, I look at stocks holistically, from their financial health to their future outlook. In the case of Beijing Tong Ren Tang Chinese Medicine Company Limited (HKG:3613), it is a … (…
Gulf Widens in U.S.-China Trade Talks as Trust Eroded
Both the U.S. and China have worked hard since the end of discussions on … The ongoing uncertainty means more turmoil for financial markets: Stocks in Asia fell along with U.S. equity futures, the ……
Gulf Widens in U.S.-China Trade Talks as Trust Eroded
Both the U.S. and China have worked hard since the end of discussions on … The ongoing uncertainty means more turmoil for financial markets: Stocks in Asia fell along with U.S. equity futures, the ……
China lowers yuan mid-point to 3-1/2-mth low
SHANGHAI, May 13 (Reuters) – China’s central bank lowered its official yuan midpoint to a fresh 3-1/2-month low of 6.7954 per dollar on Monday, amid growing concerns over escalation of the Sino-U.S. … ( read…
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