joe mcdonald

BEIJING | Asian stocks mixed after Wall Street skids, China slows

BEIJING — Asian stock markets were mixed Friday after Wall Street declined on losses for tech and industrial stocks and Chinese economic growth slowed. KEEPING SCORE: Tokyo’s Nikkei 225 index fell 0.8 percent to 22,487.21 and India’s Sensex lost 1.3 percent to 34,338.69. Hong Kong’s Hang Seng picked up 0.5 percent to 25,571.54 and the … Continue reading BEIJING | Asian stocks mixed after Wall Street skids, China slows

BEIJING | Asian stocks tumble after Wall Street skids, China slows

BEIJING — Asian stock markets sank Friday after Wall Street declined on losses for tech and industrial stocks and Chinese economic growth slowed. KEEPING SCORE: Tokyo’s Nikkei 225 index fell 1.1 percent to 22,411.33 and Seoul’s Kospi shed 0.3 percent to 2,141.06. The Shanghai Composite Index was flat at 2,485.99 and Hong Kong’s Hang Seng … Continue reading BEIJING | Asian stocks tumble after Wall Street skids, China slows

BEIJING | China trade surplus with US widens to record $34.1B

BEIJING— China’s trade surplus with the United States widened to a record $34.1 billion in September as exports to the American market rose by 13 percent over a year earlier despite a worsening tariff war. Exports to the United States rose to $46.7 billion, down from August’s 13.4 percent growth, customs data showed Friday. Imports … Continue reading BEIJING | China trade surplus with US widens to record $34.1B

BEIJING | Global stocks decline on US interest rate concern

BEIJING  — Global stocks declined Monday on investor concerns about more possible U.S. interest rate hikes. KEEPING SCORE: Germany’s DAX fell 0.6 percent to 12,040.26 and France’s CAC 40 lost 0.6 percent to 5,325.91. London’s FTSE 100 retreated 0.3 percent to 7,298.96. On Friday, the DAX lost 1.1 percent, the CAC 40 dropped 1 percent … Continue reading BEIJING | Global stocks decline on US interest rate concern

BEIJING | Asia stocks decline after China injects cash into economy

BEIJING— Asian stocks declined Monday after China injected extra money into its cooling economy. KEEPING SCORE: The Shanghai Composite Index lost 3.0 percent to 2,738.04 and Hong Kong’s Hang Seng was off 0.9 percent at 26,345.90. Seoul’s Kospi lost 0.4 percent 2,258.72 and Sydney’s S&P-ASX 200 shed 1.2 percent to 6,113.60. Japanese markets were closed … Continue reading BEIJING | Asia stocks decline after China injects cash into economy

BEIJING | China manufacturing weakens amid US tariff battle

BEIJING— China’s export orders shrank in September as a tariff battle with Washington over technology escalated, adding to downward pressure on the world’s No. 2 economy, two surveys showed Sunday. The reports add to signs Chinese trade, which had held up despite U.S. President Donald Trump’s tariff hikes, might be weakening. That adds to pressure … Continue reading BEIJING | China manufacturing weakens amid US tariff battle

BEIJING | Global stocks mixed on US-China trade worries

BEIJING  — Global stock markets were mixed Tuesday after a Chinese envoy said Beijing cannot negotiate its trade dispute with the United States while Washington “holds a knife” of tariff hikes to its neck. KEEPING SCORE: In early trading, France’s CAC 40 gained 0.2 percent to 5,486.71 while London’s FTSE 100 shed 2 points to … Continue reading BEIJING | Global stocks mixed on US-China trade worries

BEIJING | China official says talks impossible with ‘US holding knife’

BEIJING — China cannot hold talks with Washington on ending their escalating trade dispute while the United States “holds a knife” to Beijing’s neck by imposing tariff hikes, a Chinese official said Tuesday. The warning came after the Chinese government released a report that accused President Donald Trump of bullying other countries. It dampened hopes … Continue reading BEIJING | China official says talks impossible with ‘US holding knife’