U.S. stocks opened lower on Monday after a strong showing last month, as investors turned cautious amid country-wide protests over race and a flare-up in tensions between Washington and Beijing. ( read original story …)
Featured Posts Title
NIH hosts lecture making the case that COVID-19 came from a Chinese lab
US intel softens on China threat, says no Taiwan invasion planned by 2027 despite military buildup
Skycamp’s Journey to Becoming a Global Leading Star Dome Glamping Manufacturer: An In-Depth Industry Analysis
Three men charged with illegally smuggling advanced AI chips into China
Tim Cook’s China visit reinforces country’s importance to Apple as global frictions rise
Beijing’s Big Problem: An Incredible Shrinking Economy
Super Micro co-founder engaged in backdoor scheme to divert Nvidia chips to China, US government says
Recent Posts
Wall St. dips amid U.S. protests, China tensions
Gold gains on weaker dollar, US-China tensions
Gold rose to a more than one-week high on Monday as the dollar weakened and jitters over rising tensions between Washington and Beijing, as well as protests in U.S. cities, boosted demand for the ……
Hong Kong and Shenzhen stocks surge more than 3% as China’s May factory activity expands
Stocks in Asia Pacific were higher on Monday as data releases showed China’s factory activity expanding in May. ( read original story …)
Stock futures steady amid U.S. protests, simmering China tensions
Futures tracking the S&P 500 index were trading flat on Monday following a strong showing in May, as investors turned cautious after protests erupted across the country over race, and simmering … ( read original…
Hong Kong stocks climb as investors brush aside US-China friction
Hong Kong’s battered stock market enjoyed its best day in more than two months as investors shrugged off Donald Trump’s announcement from Friday, saying they had feared harsher measures from the US … ( read…
China reportedly says Trump’s plan to sever ties with WHO shows U.S. has become ‘addicted to quitting’
Since his inauguration, Trump has espoused the need for his administration to take an “America First” approach to foreign policy. ( read original story …)
Stocks Rise Despite U.S.-China Tensions: Live Market Updates
Stocks in London and Paris were about 1 percent higher in midday trading Monday, though markets in Germany and a number of other countries were closed for a holiday. Asian markets rose strongly, paced ……
China asks state firms to halt purchases of U.S. soybeans, pork, say sources
China has asked its state-owned firms to halt purchases of soybeans and pork from the United States, two people familiar with the matter said, after Washington said it would eliminate special U.S. ( read original…
Sanction Chinese banks for Beijing’s repression in Hong Kong
If President Trump doesn’t make China pay dearly for squashing home rule, it could inaugurate the Chinese Century. ( read original story …)
China central bank issues guidelines on boosting support to small firms
China’s central bank on Monday issued comprehensive guidelines on increasing financial support to small and medium-sized firms, asking banks to shift business focus from property and local government … ( read original story …)
Semiconductor Manufacturing International plans China IPO – prospectus
Hong Kong-listed chip-maker Semiconductor Manufacturing International Corp aims to raise about 20 billion yuan ($2.80 billion) selling shares in Shanghai, the company said in a prospectus on Monday. ( read original story …)
Trump’s China Trade Strategy Is Dying Even If His Deal Holds Up
When President Donald Trump on Friday announced new measures aimed at punishing China for both its role in the Covid-19 pandemic and the new phase in Beijing’s crackdown on Hong Kong, he left one big…
Here’s Why VF Corporation Stock Could Gain Only 10% Post Covid-19 Crisis
Comparing the trend in VF Corporation stock (which owns brands such as Vans, Timberland, and The North Face) over recent months with its trajectory during and after the Great Recession of 2008, we … (…
