Oil plummets, on track for biggest weekly drop in 2019
NEW YORK (Reuters) – Oil prices plunged on Thursday, losing about 5% as trade tensions dampened the demand outlook, putting the crude benchmarks on course for their biggest daily and…
Global shares slide on fear trade spat is now a tech cold war
NEW YORK (Reuters) – World shares skidded further on Thursday and oil prices slid more than 5% as investors worried the China-U.S. trade spat was turning into a technology cold…
Fed officials say trade tensions could threaten growth
(Reuters) – The recent ratcheting up of U.S.-China trade tensions is creating uncertainties for businesses and could threaten economic growth, four Federal Reserve policymakers said on Thursday. FILE PHOTO: A…
China ready for further U.S. trade talks, ambassador says
WASHINGTON (Reuters) – Chinese Ambassador to the United States Cui Tiankai said on Tuesday that Beijing was ready to resume trade talks with Washington, but blamed the U.S. side for…
China ready for further U.S. trade talks, ambassador says
WASHINGTON (Reuters) – Chinese Ambassador to the United States Cui Tiankai said on Tuesday that Beijing was ready to resume trade talks with Washington, but blamed the U.S. side for…
IMF’s Lagarde says U.S.-China trade war could be risk for world economic outlook
Christine Lagarde, Managing Director and Chairwoman of the International Monetary Fund, delivers a speech during a high-level forum on debt at the Finance ministry in Paris, France, May 7, 2019.…
Walmart’s first-quarter U.S. comparable sales rose, e-commerce slows
FILE PHOTO: Walmart’s logo is seen outside one of the stores in Chicago, Illinois, U.S., November 20, 2018. REUTERS/Kamil Krzaczynski/File Photo (Reuters) – U.S. retailer Walmart Inc on Thursday reported…
China April industrial output cools, retail sales growth falls to 16-year low as trade risks rise
BEIJING (Reuters) – China on Wednesday reported surprisingly weaker growth in industrial output and retail sales for April, reinforcing expectations that Beijing needs to roll out more stimulus measures as…
Japan Finmin Aso: Sino-U.S. trade war won’t trigger economic crisis
FILE PHOTO: Japanese Finance Minister Taro Aso delivers a speech during a high-level forum on debt at the Finance ministry in Paris, France, May 7, 2019. REUTERS/Benoit Tessier TOKYO (Reuters)…
China still ‘cautiously optimistic’ on U.S. trade talks despite new tariffs
BEIJING/WASHINGTON (Reuters) – China and the United States have agreed to hold more trade talks in Beijing, Vice Premier Liu He said as U.S. President Donald Trump ordered his trade…