China’s ZTE expected to take last step to lift ban: U.S. official
(Reuters) – ZTE Corp (000063.SZ) is expected to deposit $400 million in an escrow account in a U.S. bank in the “next couple of days,” the last step the Chinese…
German carmakers join American farmers on front line of U.S.-China trade war
WASHINGTON/FRANKFURT/BEIJING (Reuters) – An increasingly shrill exchange of words between the United States and China that is threatening to trigger a global trade war has claimed another victim – Germany’s…
Media stocks, techs boost S&P; Nasdaq hits record high
(Reuters) – A jump in technology and media stocks lifted the S&P 500 on Wednesday and pushed the Nasdaq to a record high, but the Dow remained under pressure from…
UN Security Council split over N. Korean satellite launch
The UN Security Council has failed to adopt a resolution condemning North Korea’s launch of what it said was a rocket carrying a satellite on Sunday, Russias … source
Trump threatens almost all imports from China as Beijing fires back
WASHINGTON/BEIJING (Reuters) – China has underestimated President Donald Trump’s resolve to move forward with tariffs unless Beijing changes its “predatory” trade practices, a top U.S. trade advisor said on Tuesday,…
Wall Street falls, Dow gives up 2018 gains on trade war fears
NEW YORK (Reuters) – U.S. stocks fell on Tuesday as a sharp escalation in the trade dispute between the United States and China rattled the markets, though the three major…
ZTE, U.S. suppliers shares tank after Senate puts Trump reprieve in doubt
HONG KONG (Reuters) – Shares of ZTE Corp and its American business partners took a hit on Tuesday after the U.S. Senate’s passage of a defense bill set up a…
New head of FDIC plans to review financial health rating system
WASHINGTON (Reuters) – The newly appointed head of the Federal Deposit Insurance Corporation (FDIC) said on Tuesday said she plans to review the decades-old system for measuring lenders’ financial health,…
President Khama accuses the US government of encouraging elephant poaching
Botswana’s President Ian Khama on Friday accused the US government of encouraging elephant poaching following its recent decision to reverse a ban on … source
Trump news conference aggressive,confrontational, extraordinary
Donald Trump’s first news conference in six months has been described as a ‘trainwreck,’ ‘jaw-dropping,’ ‘lame’ and ‘strange.’ Trump ‘fake news’ conference is … source