Trade dispute

SINGAPORE | World shares wobble ahead of US, Chinese economic data

SINGAPORE — Global markets were mixed Monday ahead of the release of economic data by the U.S. and China which could show the effects of a trade dispute between the world’s two biggest economies. KEEPING SCORE: Germany‘s DAX lost 0.6 percent to 11,465.63 in early trading while Britain’s FTSE 100 rose 0.4 percent to 7,130.04. … Continue reading SINGAPORE | World shares wobble ahead of US, Chinese economic data

BANGKOK | World stock markets rally on news of Trump-Xi talks

BANGKOK  — Stock markets charged ahead Friday after President Donald Trump and his Chinese counterpart, Xi Jinping, spoke by phone and reported progress in resolving trade tensions. Investors are looking ahead to U.S. jobs figures due later in the day. KEEPING SCORE: The CAC 40 in France jumped 1.3 percent to 5,150 and Germany’s DAX … Continue reading BANGKOK | World stock markets rally on news of Trump-Xi talks

SINGAPORE | World markets mixed on caution over costs from tariff hikes

SINGAPORE — World markets were mixed on Wednesday as traders mulled the impact of tariffs on corporate America after big industrial companies admitted that they were facing rising costs. KEEPING SCORE: The CAC 40 in France jumped 1 percent to 5,017.07 and Germany’s DAX added 0.4 percent to 11,318.25. Britain’s FTSE 100 picked up 0.4 … Continue reading SINGAPORE | World markets mixed on caution over costs from tariff hikes

SINGAPORE | Asian shares mostly fall on weak Japan data, US-China trade

SINGAPORE — Asian markets are mostly lower on jitters over the simmering U.S. trade dispute with China. KEEPING SCORE: Japan’s benchmark Nikkei 225 fell 0.8 percent to 24,088.63. Hong Kong‘s Hang Seng fell 0.4 percent to 27,017.75 after closing at a two-week low on Tuesday. Australia’s S&P/ASX 200 gained 0.3 percent to 6,143.70. Stocks fell … Continue reading SINGAPORE | Asian shares mostly fall on weak Japan data, US-China trade

GENEVA | Jack Ma says US-China trade war could last 20 years

GENEVA — Alibaba founder Jack Ma said Tuesday that the trade dispute between the U.S. and China could last 20 years. But he expressed hope that a solution could be reached as a trade war would “hurt everybody.” The Chinese e-commerce billionaire also questioned the focus among some on trade deficits, calling it a relic … Continue reading GENEVA | Jack Ma says US-China trade war could last 20 years

GENEVA | Jack Ma warns US-China trade war would ‘hurt everybody’

GENEVA— Alibaba founder Jack Ma says the trade dispute between the U.S. and China could “unfortunately” last 20 years. However, he expressed hope a solution could be reached as a trade war would “hurt everybody.” The Chinese e-commerce billionaire also questioned the focus among some on trade deficits, calling it a relic of the 20th … Continue reading GENEVA | Jack Ma warns US-China trade war would ‘hurt everybody’

FRANKFURT, Germany | BMW expects hit from trade dispute and emissions tests

FRANKFURT, Germany — German luxury automaker BMW said Tuesday that its profits and sales will fall short of its forecasts this year, saying that fear of international trade conflicts has weighed on pricing and citing the impact of new emissions tests on European markets. The profit warning — the second from a major German automaker … Continue reading FRANKFURT, Germany | BMW expects hit from trade dispute and emissions tests

NEW YORK | Global stocks dip on report US, China call off trade talks

NEW YORK — Global stocks are down Monday after the U.S. and China officially put new tariffs on each other’s goods. China also reportedly pulled out of a meeting to discuss trade. Oil prices are jumping after OPEC decided not to produce more oil. Several major deals were announced over the weekend. Cable and internet … Continue reading NEW YORK | Global stocks dip on report US, China call off trade talks