The dollar was hemmed into a narrow trading range on Friday as traders’ focus shifted to U.S. President Donald Trump’s response to China’s passage of a national security law for Hong Kong. ( read original…
NEWS
Trump Is Offering to Mediate in the India-China Border Dispute. Here’s What to Know About the Escalating Tensions
Tensions along the 2,000 mile stretch have been high for decades, with the Indian government reporting more than 1,000 mostly minor incursions by Chinese troops between 2016-18. But hostilities have … ( read original story…
U.S.-China tension to push Asian shares lower in choppy trade
Asian shares were set to dip in choppy trade on Friday as worries about worsening U.S.-China ties offset the fillip from hopes massive government stimulus can jump-start the world economy. ( read original story …)
Asia Pacific stocks set to fall as investors watch market reaction to China’s security bill for Hong Kong
Futures pointed to a lower open for stocks in Japan and Austrlaia. Investor focus on Friday will likely be on U.S. President Donald Trump’s upcoming press conference, expected sometime on Friday … ( read original…
Trump likely to slap limited sanctions on China over Hong Kong crackdown
U.S. advisors are debating sanctions against China for its crackdown on Hong Kong, but Trump appears to be leaning toward a limited response. ( read original story …)
Hong Kong Ensnared in U.S.-China Showdown
The U.S. pronouncement that it no longer considers Hong Kong to. be independent from China paves the way for future sanctions, which could hurt … ( read original story …)
US technology chief warns China ‘twisting’ artificial intelligence to target critics, as America joins global pact
The chief technology officer of the United States on Thursday warned that China is “twisting” artificial intelligence (AI) in order to target government critics amid the coronavirus pandemic, as he … ( read original story …)
U.S. Warns That China’s Expulsion of Navy Near Disputed Islands Is a ‘Serious Threat’ to Sea Travel
The Chinese military accused the USS Mustin of “illegally” entering waters claimed by Beijing near the Paracel Islands, but the Navy told Newsweek the ship “upheld the rights, freedoms, and lawful … ( read original…
New security laws blur line between Hong Kong and mainland China
Beijing government says new laws on security and the national anthem will not infringe on Hong Kong’s freedoms. Japan and other democracies criticized the move. The Trump administration said it no … ( read original…
Senator sees U.S. sticking to trade deal with China despite pandemic concerns
U.S. Senate Finance Committee Chairman Chuck Grassley on Thursday said he did not expect President Donald Trump to walk away from a Phase 1 trade deal with China despite concerns over Beijing’s … ( read…
China Loosens Business Travel From Korea and Germany, Pressuring Other Countries
As businesses world-wide struggle to resume operations, two planeloads of German executives traveling to China in coming days are raising pressure on foreign rivals to resume international business … ( read original story …)
Australian government asks China for same reduction in trade barriers as US
Request emerges as experts warn of ‘collateral damage’ from Xi Jinping and Donald Trump deal to end trade war … ( read original story …)
China’s Surging Nationalism Has Claimed Hong Kong
China’s Surging Nationalism Has Claimed Ho… The moment that many people have dreaded may have finally come for Hong Kong after Beijing announced a bill on May 21 to “safeguard national security” in … ( read…
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