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…
Trump administration announces $16 billion farm aid plan to offset trade war losses
WASHINGTON (Reuters) – The Trump administration on Thursday unveiled a $16 billion farm aid package to offset losses from a…
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,…
U.S., China exchange barbs over Huawei as trade tensions flare
WASHINGTON/BEIJING (Reuters) – The United States and China had a heated exchange on Thursday, with U.S. Secretary of State Mike…
China says U.S. needs to fix ‘wrong actions’ as Huawei ban rattles supply chains
BEIJING (Reuters) – China said the United States needs to correct its “wrong actions” in order for trade talks to…
Fed’s patience on interest rates to last ‘for some time’
WASHINGTON (Reuters) – U.S. Federal Reserve officials at their last meeting agreed that their current patient approach to setting monetary…
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…
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…
China rebuffs Trump claim U.S. tariffs are making firms leave
BEIJING (Reuters) – Foreign investors remained enthusiastic about China, the foreign ministry said on Tuesday, following U.S. President Donald Trump’s…
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…
Trump and Xi to meet after defiant China hits U.S. with new tariffs
WASHINGTON/BEIJING (Reuters) – U.S. President Donald Trump said on Monday he would meet Chinese President Xi Jinping next month as…
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…
China, U.S. to hold more trade talks as Trump ratchets up tariff threat
BEIJING/WASHINGTON (Reuters) – China and the United States have agreed to hold more trade talks in Beijing, Vice Premier Liu…
Trump says talks with China to continue as trade war escalates
WASHINGTON (Reuters) – U.S. President Donald Trump said on Friday that trade talks with China would continue even after Washington…
China, U.S. agree to hold more trade talks: Vice Premier Liu He
(Reuters) – China and the United States have agreed to hold more trade talks in Beijing, Vice Premier Liu He…
First day of U.S.-China trade talks ends; Trump’s tariff hike set to take effect
WASHINGTON (Reuters) – Top U.S. and Chinese trade negotiators concluded the first of two days of talks on Thursday to…
China Vice Premier says hopes to engage in rational, candid talks with U.S.: Xinhua
Chinese Vice Premier Liu He leaves the office of the U.S. Trade Representative in Washington, U.S., May 9, 2019. REUTERS/James…
Trump readies more China tariffs as make-or-break trade talks start
WASHINGTON/BEIJING (Reuters) – U.S. President Donald Trump said on Thursday he was taking steps to authorize new tariffs on $325…
Stocks slip, dollar drifts after Fed cools rate cut bets
LONDON (Reuters) – The dollar nursed overnight gains while Europe’s share markets struggled early on, after the U.S. central bank…
U.S. Fed sees no strong case for hiking or cutting rates
WASHINGTON (Reuters) – The U.S. Federal Reserve on Wednesday held interest rates steady and signaled little appetite to adjust them…
China’s Xi touts more than $64 billion in Belt and Road deals
BEIJING (Reuters) – President Xi Jinping on Saturday hailed deals worth more than $64 billion signed during China’s Belt and…
Europe wants to sign Belt and Road MOU as a group: German minister
BEIJING (Reuters) – Major European Union countries want to sign a memorandum of understanding on China’s Belt and Road initiative…
Venezuela congress to weigh 2020 PDVSA bond payment next week
CARACAS (Reuters) – Venezuela’s opposition-controlled National Assembly expects to vote on making a $71 million bond interest payment when it…
World Bank board elects U.S. Treasury’s Malpass as next president
WASHINGTON (Reuters) – David Malpass, U.S. President Donald Trump’s nominee to lead the World Bank, won unanimous approval from the…
Trump picks former presidential candidate Cain for Fed board
(Reuters) – U.S. President Donald Trump plans to nominate former pizza chain executive and Republican presidential candidate Herman Cain for…
Mixed data offer glimmers of hope for slowing U.S. economy
WASHINGTON (Reuters) – U.S. retail sales unexpectedly fell in February, but a rebound in factory activity in March and strong…
Fed done raising interest rates; significant chance of cut in 2020: Reuters poll
BENGALURU (Reuters) – The U.S. Federal Reserve is done raising interest rates until at least the end of next year,…
The Fed is prodding Americans to buy more on credit
WASHINGTON (Reuters) – The Federal Reserve’s decisive statement this week that interest rates are unlikely to rise this year sends…
Beneath Fed’s positive spin, an embrace of a tepid future
SAN FRANCISCO/WASHINGTON (Reuters) – Federal Reserve policymakers see a U.S. economy that is rapidly losing momentum. They predict inflation will…
Wall Street powers world stocks; dollar up on Brexit woes
NEW YORK (Reuters) – Wall Street led global stocks higher on Thursday on the back of upbeat economic data, while…
China says it welcomes delay on U.S. tariff increase
FILE PHOTO: U.S. Trade Representative Robert Lighthizer (7thR), Treasury Secretary Steven Mnuchin, Commerce Secretary Wilbur Ross, White House economic adviser…
A Fed pivot, born of volatility, missteps, and new economic reality
WASHINGTON (Reuters) – The Federal Reserve’s promise in January to be “patient” about further interest rate hikes, putting a three-year-old…
Exclusive: Fed’s Williams says new economic outlook necessary for rate hikes
NEW YORK (Reuters) – New York Fed President John Williams on Tuesday said he was comfortable with the level U.S.…
China, U.S. start high-level trade talks in Beijing: Xinhua
U.S. trade representative Robert Lighthizer leaves a hotel in Beijing for talks with Chinese officials, China, February 14, 2019. REUTERS/Thomas…
U.S.’ Mnuchin says ‘looking forward’ to China trade talks
U.S. Treasury Secretary Steven Mnuchin, a member of the U.S. trade delegation to China, leaves a hotel in Beijing for…
No evidence that Fed’s balance sheet is behind market swings: Mester
FILE PHOTO: Cleveland Fed President Loretta Mester takes part in a panel convened to speak about the health of the…
Fed to finalize plans to end balance sheet runoff ‘at coming meetings’: Mester
FILE PHOTO: Loretta Mester, president of the Federal Reserve Bank of Cleveland, speaks during an interview in Manhattan, New York,…
Take Five: Dogs and Pigs – World markets themes for the week ahead
(Reuters) – Following are five big themes likely to dominate the thinking of investors and traders in the coming week…
Oil tumbles 4 percent on growing U.S. supply, China trade worries
NEW YORK (Reuters) – Oil fell more than 3 percent on Monday, heading for its biggest one-day percentage drop in…
EU tax on big digital companies could be struck by March: French minister
FILE PHOTO – French Finance Minister Bruno Le Maire leaves following the weekly cabinet meeting at the Elysee Palace in…
U.S. consumer morale at two-year low; factory output surges
WASHINGTON (Reuters) – U.S. consumer sentiment tumbled in early January to its lowest level since President Donald Trump’s was elected…
China has ‘good faith’ to fix trade issues as talks with U.S. resume
BEIJING (Reuters) – China has the “good faith” to work with the United States to resolve trade frictions, the Foreign…
Southeast Asia wary of China’s Belt and Road project, skeptical of U.S.: survey
SINGAPORE (Reuters) – Southeast Asian countries should be cautious in negotiating with China on its flagship Belt and Road Initiative…
Trump: Weakness in China economy gives Beijing incentive for trade deal
U.S. President Donald Trump speaks to the media as he departs for Camp David from the White House in Washington,…
Trump says China woes help U.S. in trade talks, downplays Apple warning
WASHINGTON/BEIJING (Reuters) – President Donald Trump on Friday downplayed a revenue warning from Apple Inc that cited slowing sales in…
Wall St. rebounds on robust jobs report, dovish Powell remarks
NEW YORK (Reuters) – Wall Street rebounded on Friday to close at its highest in two weeks after a strong…
China warnings signal Trump’s trade war finally hitting home
ATLANTA/NEW YORK (Reuters) – Weak sales at Apple and Cargill, U.S. giants of technology and agriculture, may be the clearest…
Upbeat employment report underscores U.S. economic strength
WASHINGTON (Reuters) – U.S. employers hired the most workers in 10 months in December while boosting wages, pointing to sustained…
Trump downplays Apple woes, says China economy helps U.S. in trade talks
WASHINGTON/BEIJING (Reuters) – President Donald Trump on Friday downplayed a revenue warning by Apple Inc and said slowing economic growth…
U.S. oil edges up after tumbling to lowest since June 2017 on economy fears
SEOUL (Reuters) – Oil prices were mixed on Wednesday as the U.S. benchmark rebounded from steep losses in the previous…
Wall St. tumbles, S&P closes at lowest level in 14 months
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., December 14, 2018. REUTERS/Brendan…
Stock selloff snowballs as investors price in slowing world economy
LONDON (Reuters) – Losses on global stocks snowballed on Monday, with Wall Street set to follow Europe and Asia lower…
China’s November export, import growth shrinks, showing weak demand
BEIJING (Reuters) – China reported far weaker than expected November exports and imports, showing slower global and domestic demand and…