Trade dispute

FRANKFURT, Germany | ECB’s Draghi: Trade war chief worry for global economy

FRANKFURT, Germany — The European Central Bank pushed forward Thursday with its plan to gradually phase out its monetary stimulus, saying it is confident in the region’s growth. But its president, Mario Draghi, warned that the United States’ trade dispute with several major powers has become a key economic concern. The chief monetary authority for … Continue reading FRANKFURT, Germany | ECB’s Draghi: Trade war chief worry for global economy

Stocks drift in early trading as traders watch trade talks

Stocks veered lower in morning trading on Wall Street Thursday as losses in banks and energy companies offset gains elsewhere in the market. Homebuilders also declined following new data showing sales of new U.S. homes slumped in July. Technology stocks moved higher, adding to recent gains. Investors had their eye on trade as the U.S. … Continue reading Stocks drift in early trading as traders watch trade talks

TOKYO | Asian shares gain despite doubts over US-China trade talks

TOKYO — Asian shares were mostly higher Tuesday amid doubts about the prospects for resolving the trade dispute between the U.S. and China. KEEPING SCORE: Japan’s benchmark Nikkei 225 gained 0.3 percent in morning trading to 22,273.82 and South Korea’s Kospi added 0.9 percent to 2,268.16. Hong Kong’s Hang Seng climbed 0.5 percent to 27,729.63, … Continue reading TOKYO | Asian shares gain despite doubts over US-China trade talks

TOKYO | Stocks mostly rise on hope for progress on China trade talks

TOKYO  — Asian stocks are mostly higher Monday as investors welcomed signs of progress in resolving the trade dispute between the U.S. and China. The Wall Street Journal reported the countries hope to have a resolution by November. KEEPING SCORE: Japan’s benchmark Nikkei 225 inched down 0.3 percent in early trading to 22,204.30. Australia’s S&P/ASX … Continue reading TOKYO | Stocks mostly rise on hope for progress on China trade talks

BEIJING | China’s economic growth holds steady amid trade dispute

BEIJING | April 16, 2018 (AP)(STL.News)   China’s economic growth held steady in the quarter ending in March amid a worsening trade dispute with U.S. President Donald Trump, buoyed by growth in e-commerce and factory output. The world’s second-largest economy expanded by 6.8 percent over a year earlier, in line with the quarter ending in December … Continue reading BEIJING | China’s economic growth holds steady amid trade dispute

NEW YORK | Stocks turn higher; trade tensions keep investors guessing

NEW YORK | April 9, 2018 (AP)(STL.News) U.S. stocks are edging higher Monday after concerns about growing trade tensions between the U.S. and China sent stocks lower last week. Technology companies like Apple and Microsoft are recovering some of their recent losses and so are industrial companies. Banks are rising along with interest rates. Gene therapy developer … Continue reading NEW YORK | Stocks turn higher; trade tensions keep investors guessing

FRANKFURT, Germany | Markets tell themselves trade dispute will turn out OK

FRANKFURT, Germany|April 5, 2018 (AP)(STL.News)Global stock markets rebounded Thursday from sharp losses triggered by escalating trade tensions between the U.S. and China — the world’s two largest economies — as traders banked on conciliatory statements from U.S. officials. KEEPING SCORE: In Europe, Britain’s FTSE 100 surged 1.3 percent to 7,124 and Germany’s DAX jumped 1.9 … Continue reading FRANKFURT, Germany | Markets tell themselves trade dispute will turn out OK

BEIJING | The Latest: US business group concerned over trade dispute

BEIJING|April 4, 2018 (AP)(STL.News) The Latest on U.S.-China trade tensions (all times local): 7:00 p.m. The chairman of the American Chamber of Commerce in China says Beijing’s potential retaliation in an escalating dispute with Washington is a concern for every U.S.  company doing business in China. William Zarit told The Associated Press in an interview … Continue reading BEIJING | The Latest: US business group concerned over trade dispute