trade battle

BEIJING | Global stocks mostly lower as investors await US tariff hike

BEIJING — Major global stock markets were mostly lower Tuesday after Wall Street‘s gains as investors waited for a new U.S. tariff hike in a trade battle with China. KEEPING SCORE: In early trading, Germany’s DAX lost 0.1 percent to 11,971.94 and London’s FTSE 100 fell 0.3 percent to 7,258.47. France’s CAC 40 was little-changed … Continue reading BEIJING | Global stocks mostly lower as investors await US tariff hike

NEW YORK | Stocks fall again on trade war, rate worries

NEW YORK— U.S. stock indexes fell Friday after President Donald Trump said he may intensify his trade battle with China. A strong jobs report also pushed investors to gird for higher interest rates. The S&P 500 bounced between modest gains and losses in an up-and-down day, but its most decisive move was downward after Trump … Continue reading NEW YORK | Stocks fall again on trade war, rate worries

SEOUL, South Korea | South Korea’s central bank cuts outlook on trade battle

SEOUL, South Korea — South Korea’s central bank cut its forecast on the country’s economy Thursday, citing mounting uncertainties from the U.S.-China trade battle. The Bank of Korea said it lowered its growth outlook on Asia’s fourth-largest economy to 2.9 percent this year, compared with its earlier forecast of 3 percent growth. The bank said … Continue reading SEOUL, South Korea | South Korea’s central bank cuts outlook on trade battle

BEIJING | China auto sales growth weakens in June amid trade battle

BEIJING  — China’s auto sales decelerated in June, adding to economic pressure on Beijing amid a worsening trade battle with Washington, an industry group reported Wednesday. Sales of SUVs, sedans and minivans rose 2.3 percent in the most populous auto market, down from May’s 7.9 percent growth, according to the China Association of Automobile Manufacturers. … Continue reading BEIJING | China auto sales growth weakens in June amid trade battle