Stocks edge higher but post monthly loss; yuan weakens as tariffs loom
NEW YORK (Reuters) – Hopes for a thaw in the U.S.-China trade war helped a gauge of global stocks rise…
U.S. and China will meet in September, Trump says, but tariff hikes remain
WASHINGTON (Reuters) – Trade teams from China and the United States continue to talk and will meet in September, but…
Best Buy’s sales forecast falls short as tariffs loom
(Reuters) – Best Buy Co Inc (BBY.N) blamed planned U.S. tariffs on Chinese imports and uncertainty about future consumer behavior…
Trade war dims outlook for U.S. business operations in China: survey
WASHINGTON (Reuters) – U.S. companies doing business in China are still making profits there, but 81% say escalating trade tensions…
China hopes U.S. will create conditions necessary for September trade talks
BEIJING (Reuters) – China and the United States are discussing the next round of face-to-face trade talks scheduled in September,…
Huawei under probe by U.S. prosecutors over new allegations: WSJ
FILE PHOTO: FILE PHOTO: A Huawei company logo is pictured at the Shenzhen International Airport in Shenzhen, Guangdong province, China…
China discussing September trade talks with U.S.: commerce ministry
FILE PHOTO: U.S. dollar and China yuan notes are seen in this picture illustration June 2, 2017. REUTERS/Thomas White/Illustration/File Photo…
China to fight back against U.S. tariff move: People’s Daily
FILE PHOTO: Containers are seen at Yantian port in Shenzhen, Guangdong province, China July 4, 2019. Picture taken July 4,…
Kudlow does not expect China to retaliate against latest U.S. tariffs
FILE PHOTO: White House chief economic adviser Larry Kudlow talks with reporters on the driveway outside the West Wing of…
Trump regrets not raising tariffs on China higher, White House says
BIARRITZ, France (Reuters) – President Donald Trump wishes he had raised tariffs on Chinese goods even higher last week, the…
Japan, U.S. reach framework trade pact, no U.S. concessions seen – Nikkei
TOKYO (Reuters) – The United States and Japan have reached the broad framework of a trade agreement, Japan’s Nikkei business…
Trump presses U.S. companies to close China operations
WASHINGTON (Reuters) – President Donald Trump said on Friday he was ordering U.S. companies to look at ways to close…
Oil spills into U.S.-China trade war, prices slump
NEW YORK (Reuters) – China said on Friday it would impose tariffs on U.S. crude oil imports for the first…
Fed’s Mester sees downside risk from escalating trade war
JACKSON HOLE, Wyo. (Reuters) – Cleveland Federal Reserve President Loretta Mester said on Saturday she sees “big downside risk” from…
Fed’s commitment to act upstaged by Trump’s furor
JACKSON HOLE, Wyo. (Reuters) – Federal Reserve Chair Jerome Powell said the central bank would “act as appropriate” to keep…
UK PM Johnson to tell Trump to de-escalate trade tensions
BIARRITZ, France (Reuters) – British Prime Minister Boris Johnson said on Saturday he would tell President Donald Trump at this…
China warns U.S. to stop ‘wrong’ trade actions or face consequences
FILE PHOTO: U.S. and Chinese flags are seen in front of a U.S. dollar banknote featuring American founding father Benjamin…
Trump heaps another 5% tariff on Chinese goods in latest tit-for-tat escalation
WASHINGTON/BEIJING (Reuters) – U.S. President Donald Trump on Friday lashed back at a new round of Chinese tariffs by heaping…
Exclusive: Daimler to make Mercedes Benz-branded heavy trucks in China – sources
SHANGHAI (Reuters) – German auto maker Daimler AG (DAIGn.DE) plans to build Mercedes Benz-branded heavy trucks in China by revamping…
U.S. imposes sanctions on three Chinese accused of fentanyl trafficking
WASHINGTON (Reuters) – The U.S. Treasury on Wednesday imposed sanctions on three Chinese men accused of illegally trafficking fentanyl, acting…
Trump says he had to ‘take China on,’ regardless of short-term impact on U.S. economy
WASHINGTON (Reuters) – President Donald Trump on Tuesday said he had to confront China over trade even if it caused…
Oil prices climb after Saudi oilfield attack, but recession worries drag
SINGAPORE (Reuters) – Crude oil prices rose on Monday following a weekend attack on a Saudi oil facility by Yemeni…
Exclusive: U.S. set to give Huawei another 90 days to buy from American suppliers – sources
SINGAPORE/WASHINGTON (Reuters) – The U.S. Commerce Department is expected to extend a reprieve given to Huawei Technologies that permits the…
Deere to slash costs after trade war hits earnings
CHICAGO (Reuters) – Deere & Co. (DE.N) on Friday announced a review of costs after a combination of the U.S.-China…
Dollar firms, global stocks soar on ECB rate cut expectations
NEW YORK (Reuters) – U.S. and European stocks surged on Friday on expectations the European Central Bank will cut interest…
Trump says he is having dinner Friday with Apple CEO Cook
BEDMINSTER, N.J. (Reuters) – U.S. President Donald Trump said he was having dinner on Friday with Chief Executive Officer Tim…
U.S. removes some Chinese furniture, modems from planned 10% tariffs
FILE PHOTO: Containers are seen at the Yangshan Deep Water Port in Shanghai, China August 6, 2019. REUTERS/Aly Song WASHINGTON…
Take Five: Fed in a hole
(Reuters) – FILE PHOTO: Federal Reserve Board building on Constitution Avenue is pictured in Washington, U.S., March 19, 2019. REUTERS/Leah…
China says pig herd shrinks by 32% in July amid swine fever outbreak
BEIJING (Reuters) – China’s pig herd shrank by 32.2% in July from the same month a year ago, its agriculture…
China’s economy worsens in July, industrial growth at 17-year low as trade war escalates
BEIJING (Reuters) – China’s economy stumbled more sharply than expected in July, with industrial output growth cooling to a more…
China’s Tencent cautious after surge in quarterly profit
HONG KONG (Reuters) – China’s Tencent Holdings (0700.HK), the world’s largest gaming company by revenue, warned on Wednesday of a…
Stocks, oil tank on growing signs of global slowdown
NEW YORK (Reuters) – Equity markets tanked and oil prices fell sharply on Wednesday after a closely watched bond indicator…
Oil slumps more than 4% on weak global economic data, U.S. crude build
NEW YORK (Reuters) – Oil prices sank more than 4% on Wednesday after global demand fears were revived by weak…
Trade tensions and a weaker yuan drive Chinese crypto demand, market players say
LONDON/NEW YORK (Reuters) – Trade tensions between the United States and China and a weakening yuan are boosting demand for…
China cuts 2019/20 corn use forecast by 2 million tonnes due to African swine fever
Corn kernels are seen at a corn harvester on a farm in Zhenjiang, Jiangsu province, China October 25, 2017. REUTERS/Stringer…
Farm equipment maker Deere’s dealers reel from trade war, bad weather
CHICAGO (Reuters) – When China announced this week that it had stopped buying U.S. agricultural products and might impose additional…
Gold gains as trade concerns weigh on global markets
NEW YORK (Reuters) – Signs of further escalation of the U.S.-China trade war and weak UK economic data weighed on…
Exclusive: PSA, Dongfeng to drop two China auto plants, halve workforce – document
BEIJING/PARIS (Reuters) – Peugeot maker PSA Group (PEUP.PA) and partner Dongfeng Group (0489.HK) have agreed to cut thousands of jobs…
U.S. still evaluating requests from firms to sell to China’s Huawei: officials
FILE PHOTO: The Silicon Valley office of Huawei and its U.S. subsidiary Futurewei Technologies Inc. in Santa Clara, California, U.S.,…
Trump roils markets with comments on China trade, Huawei
WASHINGTON (Reuters) – U.S. President Donald Trump on Friday said he was not ready to make a deal with China…
IMF stands by yuan view; says China could need stimulus if trade war worsens
WASHINGTON (Reuters) – The International Monetary Fund on Friday stood by its assessment that the value of China’s yuan was…
Timeline: Key dates in the U.S.-China trade war
(Reuters) – Hopes for an early settlement of the yearlong U.S.-China trade war dimmed this week after the United States…
Russia reports ASF outbreak near its border with China
MOSCOW (Reuters) – An outbreak African Swine Fever (ASF) has been detected at a small farm in Russia’s Primorsk region…
African swine fever hits sixth pig farm in Bulgaria
SOFIA (Reuters) – Bulgaria’s veterinary authorities said on Friday they would cull 8,253 pigs after detecting an outbreak of African…
Bulgaria to compensate owners who cull pigs to help stamp out swine fever
FILE PHOTO: A pig rests at a farm near the village of Belotincy, 140 km (90 miles) from the capital…
Fifth Bulgarian pig farm hit by African swine fever
SOFIA (Reuters) – Bulgarian authorities said on Wednesday that they would cull another 17,000 pigs after detecting an outbreak of…
Greece bans pork imports from Bulgaria due to African swine fever
SOFIA (Reuters) – Greece has banned imports of pork from its northern Balkan neighbor Bulgaria due to outbreaks of African…
Third Bulgarian pig farm hit by African swine fever
SOFIA (Reuters) – Bulgarian veterinary authorities said on Friday they will cull 30,000 pigs after detecting an outbreak of African…
China detects African swine fever in pigs transported to Liaoning: Xinhua
BEIJING (Reuters) – China detected African swine fever virus in live pigs being transported to the northeastern Liaoning province, the…
Apple pays $1 billion for Intel unit in push for chip independence
(Reuters) – Apple Inc (AAPL.O) took a major step toward supplying its own smartphone chips by purchasing the majority of…
U.S. to pay farmers up to $16 billion for trade war losses, South to benefit
WASHINGTON/CHICAGO (Reuters) – The U.S. government will pay American farmers hurt by the trade war with China between $15 and…
CNOOC halts field work at western Uganda project over Ebola fears
KAMPALA (Reuters) – Oil producer China National Offshore Oil Corp said on Thursday it had halted field work at its…
White House’s Kudlow hopeful on U.S.-China trade talks, agriculture buys
WASHINGTON (Reuters) – White House economic adviser Larry Kudlow on Tuesday called it a good sign that top U.S. officials…
China’s agri ministry emphasizes need to ensure stable hog market
BEIJING (Reuters) – China’s agriculture ministry said on Tuesday that it would work to ensure the country’s pork supplies and…
Trump meets with tech CEOs on Huawei
U.S. President Donald Trump at the White House in Washington, U.S., July 22, 2019. REUTERS/Jonathan Ernst WASHINGTON (Reuters) – U.S.…
LG Display to invest $2.6 billion in OLED panel plant in South Korea
FILE PHOTO: A man walks out of the headquarters of LG Display in Seoul, October 20, 2011. REUTERS/Jo Yong-Hak/File Photo…
Alibaba and the $15 billion question: Amid Hong Kong’s protests, when to list?
HONG KONG (Reuters) – Hong Kong’s political unrest is posing a dilemma for Alibaba Group Holding Ltd (BABA.N) on the…