U.S. stocks are drifting, and financial markets worldwide are holding relatively steady as the wait continues for more updates on President Donald Trump’s tariffs and how much they’re affecting the …
FINANCE
Trump trade war has caused these 3 consumer companies to aggressively rethink China
They are picking up the nuts and bolts from their legacy China operations and moving to relatively smooth trade partners such as India and Thailand. The goal: Protect profits and protect the stock …
Trump isn’t Beijing’s only trade headache, as the EU targets Chinese medical devices
Chinese companies are now blocked from bidding for public procurement tenders for medical devices for contracts valued over $5.7 million.
Citigroup Appoints New China Banking Head
Citigroup Inc. (NYSE:C) confirmed the appointment of Wenjie Zhang as its new country officer and China banking head. He is taking over following Luke Lu’s exit in November last year. He will fill the …
China’s factory output suffers sharpest decline since 2022
Caixin revealed that China’s manufacturing activity dropped to its lowest level since September 2022, while official PMI contracted for a second month in May.
Cash-strapped Beijing drinkers turn to unlicensed ‘home bars’
The proliferation of illicit bars is a reminder that the world’s second-largest economy was already suffering from weak consumption even before the tariff war.
Online broker Tiger to double Hong Kong headcount, targets offshore China wealth
HONG KONG (Reuters) -Tiger Securities plans to double its headcount in Hong Kong over the next two to three years as the online brokerage targets a bigger share of the growing offshore Chinese wealth …
China’s Rare Earths Grip Gives Xi Leverage in US Trade Duel
After the US and China agreed in Geneva to lower tariffs from astronomical heights, tensions are now surging over access to chips and rare earths. And Beijing increasingly appears to have an edge.Most …
Trump tariffs live updates: China responds to Trump accusing the US of violating the trade truce
China responded to President Trump on Monday, accusing the US of violating their trade agreement and has vowed to protect its interests, making it less likely that Trump will get the leadership call …
Trump accused China of violating the Geneva deal and revoked student visas. China has threatened to retaliate.
China has angrily responded to Trump’s accusation that the country has violated the 90-day trade truce, and says it will protect its interests.
Stock Market Today: Dow Futures Fall; China Says U.S. Has ‘Seriously Undermined’ Trade Truce
Trump’s tariffs and the trade war continue to impact global markets. Follow along for live updates on the Dow, S&P 500 and Nasdaq.
China says US is ‘provoking frictions’ as tensions flare despite trade truce
China has accused the United States of “provoking new economic and trade frictions” as it responded to US President Donald Trump’s claims that Beijing had violated a trade truce agreed by the two …
Citi Names Bank of America Veteran Zhang as New China Country Head
HONG KONG (Reuters) – Citigroup said on Monday it had appointed Wenjie Zhang as its new country officer and banking head for China, after the exit of its former China head in November. Zhang was…
