Global financial markets tumbled on Monday after U.S. President Donald Trump unexpectedly jacked up pressure on China to reach a trade deal, saying he would hike U.S. tariffs on Chinese goods this … ( read…
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Amid Beijing-Tokyo rift, Trump dials ‘friend’ Sanae Takaichi hours after overnight call with Xi
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‘Takaichi cannot retract her statement and Beijing knows that’: Why China-Japan spat unlikely to be resolved soon
Trump wades into China and Japan’s escalating dispute over Taiwan
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China launches Shenzhou 22 spacecraft to assist in return of 3 stranded astronauts
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Stocks, commodities tumble after Trump vows China tariff hike
Global stocks, commodities tumble after Trump vows China tariff hike
SHANGHAI (Reuters) – Global financial markets tumbled on Monday after U.S. President Donald Trump unexpectedly jacked up pressure on China to reach a trade deal, saying he would hike U.S. tariffs on … ( read…
Yahoo Finance morning wrap for Monday
Is the US-China trade war over? Not quite … Buffett gave his annual address to shareholders of his investment company Berkshire Hathaway. Yahoo Finance has the exclusive live-streaming rights. Catch … ( read original story…
The Huawei feud isn’t the only reason canola exports to China are tanking
Speaking to reporters in Ottawa last week, Trade Minister Jim Carr cast the financial aid as part of an effort to “navigate the challenging period with China.” It is true that China has banned two…
Air New Zealand’s $100m struggle in China
“China sees aviation as tools of the state,” Luxon told delegates at the 2019 China Business Summit in Auckland today. “We compete with large-scale state-backed businesses that can make losses flying … ( read original…
China cbank says to cut reserve requirements for small and medium banks
As Amazon starts to roll out one-day shipping to its most loyal customers, it already has a logistics network spanning much of the U.S. BEIJING, May 6 (Reuters) – China’s central bank said on Monday…
China central bank says to cut reserve requirements for small and medium banks
BEIJING (Reuters) – China’s central bank said on Monday it will lower the reserve requirement ratio for small and medium-sized banks effective on May 15, marking the latest policy support measure by … ( read…
Central bank dovishness means stocks have a reason to keep rising
Specifically, the combination of diffused U.S.-China trade tensions and a policy-induced stabilization … Notably, the “sweet spot” of supportive central bank policies and tame inflation should help … ( read original story …)
China sets yuan mid-point at weakest level in 2-1/2 months
SHANGHAI, May 6 (Reuters) – China’s central bank lowered its official yuan midpoint to 6.7334 per dollar on Monday, the weakest level in 2-1/2 months, after U.S. President Donald Trump threatened to … ( read…
China April services sector expands further on strong export sales: Caixin PMI
BEIJING, (Reuters) – – Activity in China’s services sector further improved in April, with export sales rising at a record pace, a private business survey showed on Monday, although the longer … ( read original…
Explainer: Who pays Trump’s tariffs – China and other exporters or U.S. customers?
4. Seek to source supplies from outside China. So some Chinese companies are losing business. 5. Pass the tariff costs on to customers by increasing retail prices. Most importers could use a mix … (…
Millionaires migrate to Australia and Canada from China and U.K. to seek business and avoid tax
The world’s wealthy are increasingly on the move. About 108,000 millionaires migrated across borders last year, a 14 percent increase from the prior year, and more than double the level in 2013 … ( read…
China’s war on healthcare costs lures Sun Pharma to scale up business
Sun Pharmaceutical Industries is scouting for a partner in China to help it win a larger piece of the worlds second-largest drug market, where the government is on a mission to drive down healthcare ……
