U.S. ‘opening fire’ on world with tariff threats, says China
BEIJING (Reuters) – The United States is “opening fire” on the world with its threatened tariffs, China warned on Thursday, saying it will respond the instant U.S. measures go into…
Trade war worries drag world stocks lower, yuan steadies
LONDON (Reuters) – World stocks were dragged lower on Wednesday by growing anxiety ahead of Washington’s end of week deadline to impose tariffs on Chinese imports, while the yuan rebounded…
Exclusive: China presses Europe for anti-U.S. alliance on trade
BRUSSELS/BERLIN (Reuters) – China is putting pressure on the European Union to issue a strong joint statement against President Donald Trump’s trade policies at a summit later this month but…
Samsung’s second quarter profit seen flagging as smartphone innovation dries up
SEOUL (Reuters) – Samsung Electronics Co Ltd (005930.KS) is expected to post its smallest profit growth in more than a year in the second quarter, as lacklustre sales of its…
Asian shares, yuan on shaky ground on specter of Sino-U.S. trade war
TOKYO (Reuters) – Asian stocks were on shaky ground on Wednesday while the Chinese yuan stood near 11-month lows as the specter of a Sino-U.S. trade war haunted investors ahead…
China factory growth slows in June as trade tensions rise
BEIJING (Reuters) – Growth in China’s manufacturing sector slowed in June after a better-than-expected performance in May, official data showed, as escalating trade tensions with the United States fuel concerns…
Trump to use U.S. security review panel to curb China tech investments
WASHINGTON (Reuters) – U.S. President Donald Trump said on Wednesday he will use a strengthened national security review process to thwart Chinese acquisitions of sensitive American technologies, a softer approach…
Automakers warn U.S. tariffs will cost hundreds of thousands of jobs, hike prices
WASHINGTON (Reuters) – Two major auto trade groups on Wednesday warned the Trump administration that imposing up to 25 percent tariffs on imported vehicles would cost hundreds of thousands of…
Chinese telco Huawei lobbies hard to allay Australia’s security concerns
SYDNEY (Reuters) – Chinese telecom firm Huawei Technologies Co Ltd’s network equipment is “safe and secure”, its Australian chairman said on Wednesday, ramping up the company’s public lobbying against concerns…
Global stocks slide on intensifying trade row, dollar wobbles
TOKYO (Reuters) – World stocks extended a sell-off on Tuesday as an escalating trade fight between the United States and other major economies steered investors away from riskier assets, with…