Trade tensions

SINGAPORE | World stocks slip as traders brace for Fed rate increase

SINGAPORE — World markets were mostly lower on Tuesday, tracking losses on Wall Street as traders braced for an interest rate hike by Federal Reserve. KEEPING SCORE: In Europe, Germany‘s DAX was 0.1 percent lower at 10,765.49 and France’s CAC 40 slipped 0.4 percent to 4,781.19. Britain’s FTSE 100 index fell 0.6 percent to 6,732.66. … Continue reading SINGAPORE | World stocks slip as traders brace for Fed rate increase

NEW YORK | Stocks rise on trade hopes but lose much of morning gains

NEW YORK — U.S. stock indexes rose Tuesday on hopes that trade tensions between the world’s largest economies may ease, though much of the big gains from the morning had evaporated by midday. The S&P 500 index jumped as much as 1.4 percent in early trading, following even bigger gains in Europe, but it lost … Continue reading NEW YORK | Stocks rise on trade hopes but lose much of morning gains

NEW YORK | Stocks veer back upward on hopes for US-China trade talks

NEW YORK — Stock markets around the world jumped Tuesday on hopes that trade tensions between the world’s largest economies may ease after U.S. and Chinese officials spoke on the phone. The S&P 500 index jumped more than 1 percent at the start of trading, following even bigger gains in Europe. It’s the latest big … Continue reading NEW YORK | Stocks veer back upward on hopes for US-China trade talks

NEW YORK | Tech giants plunge again, pushing market into red for year

NEW YORK — Stocks dropped again Tuesday as losses mounted for the world’s largest technology companies. Retailers also fell, and energy companies plunged with oil prices as the market sank back into the red for the year. Oil prices tumbled another 6.6 percent as Wall Street reacted to rising oil supplies and concerns that global … Continue reading NEW YORK | Tech giants plunge again, pushing market into red for year

NEW YORK | US stocks take sharp losses as tech, internet companies drop

NEW YORK  — Stocks are tumbling Monday as technology and internet companies continue to take steep losses. The Dow Jones Industrial Average briefly fell 500 points. Retailers and industrial stocks also fell. Apple and Microsoft dropped almost 4 percent while internet retailer Amazon and aerospace company Boeing each fell 5 percent. High-dividend stocks like real … Continue reading NEW YORK | US stocks take sharp losses as tech, internet companies drop

NEW YORK | Tech stock take US indexes lower; oil prices sink again

NEW YORK — Renewed losses for technology companies are taking U.S. stock indexes slightly lower Monday morning. Internet companies are also down, while energy companies are falling along with the price of oil. High-yielding defensive stocks including real estate and utility companies are rising. Nissan’s stock sank after the company accused its chairman of serious … Continue reading NEW YORK | Tech stock take US indexes lower; oil prices sink again

TOKYO | Asian shares mostly up cheered by Wall Street buying spree

TOKYO  — Asian shares were mostly higher Monday after a buying spree on Wall Street kept up investor optimism into a new week, despite continuing worries about trade tensions. KEEPING SCORE: Japan’s benchmark Nikkei 225 rose 0.5 percent to 21,784.87, while Australia’s S&P/ASX 200 fell 0.7 percent to 5,693.30 in early trading. South Korea’s Kospi … Continue reading TOKYO | Asian shares mostly up cheered by Wall Street buying spree

TOKYO | Japan’s exports recover but reports trade deficit in October

TOKYO  — Japan is reporting a trade deficit in October but is seeing a recovery in exports after getting slammed by natural disasters in September. Japan’s Ministry of Finance said Monday exports grew 8.2 percent from the same month the previous year. In September, exports fell 1.2 percent from the previous year in the first … Continue reading TOKYO | Japan’s exports recover but reports trade deficit in October

Retailers, tech companies weigh on US stocks; Oil prices up

U.S. stock indexes declined in midday trading Friday as losses in retailers and internet and technology companies outweighed gains elsewhere in the market. Health care companies and utilities were among the big gainers. Energy stocks rose as crude oil prices headed higher for the third day in a row. KEEPING SCORE: The S&P 500 index … Continue reading Retailers, tech companies weigh on US stocks; Oil prices up

PARIS | French minister warns of new Cold War from US/China tensions

PARIS — French Finance Minister Bruno Le Maire warned that the trade dispute between the United States and China could escalate into a fresh Cold War. Le Maire made the alarm-sounding comments at a Friday conference in Paris on the World Trade Organization’s future. He said there’s a “real risk” that a Cold War between … Continue reading PARIS | French minister warns of new Cold War from US/China tensions

SINGAPORE | World markets subdued on trade, Brexit tensions

SINGAPORE— World markets were subdued on Friday as trade tensions and political risks surrounding Britain‘s exit from the European Union kept investor cautious. KEEPING SCORE: France’s CAC lost 0.2 percent to 5,021 while Germany’s DAX was down 0.1 percent at 11,344. Britain’s FTSE 100 shed 0.3 percent to 7,016. Wall Street was set for a … Continue reading SINGAPORE | World markets subdued on trade, Brexit tensions

SINGAPORE | World markets mixed on trade, Brexit tensions

SINGAPORE — World markets were mixed on Friday as trade tensions and political risks surrounding Britain’s exit from the European Union weighed on sentiment. KEEPING SCORE: France’s CAC lost 0.6 percent in early trading to 5,063.51 while Germany’s DAX was up 0.5 percent at 11,413.54. Britain’s FTSE 100 gained 0.3 percent to 7,058.10. Wall Street … Continue reading SINGAPORE | World markets mixed on trade, Brexit tensions

SINGAPORE | Asia shares mixed on uncertainty over trade tensions

SINGAPORE — Shares were mixed in early trading in Asia on Friday on revived concerns over the prospects for a breakthrough in trade tensions between the U.S. and China. KEEPING SCORE: Japan’s Nikkei 225 index lost 0.4 percent to 21,717.57 and the Hang Seng in Hong Kong gave up 0.5 percent to 25,967.01. South Korea’s … Continue reading SINGAPORE | Asia shares mixed on uncertainty over trade tensions

WASHINGTON | US panel warns against government purchase of Chinese tech

WASHINGTON  — A congressional advisory panel says the purchase of internet-linked devices manufactured in China leaves the United States vulnerable to security breaches that could put critical infrastructure at risk. In its annual report on Wednesday, the U.S.-China Economic and Security Review Commission warns of dangers to the U.S. government and private sector from a … Continue reading WASHINGTON | US panel warns against government purchase of Chinese tech

HELSINKI | Danish shipper: US-China trade war hits container trade

HELSINKI  — Danish shipping group A.P. Moller-Maersk is warning that trade tensions between the United States and China could weigh on business. The company said a brewing trade war between the two had created uncertainty and could “reduce global container trade by 0.5 to 2.0 percent during 2019-2020”. Maersk’s share price was down 1 percent … Continue reading HELSINKI | Danish shipper: US-China trade war hits container trade

SINGAPORE | Southeast Asian summit puts focus on trade tensions, trends

SINGAPORE  — The potential damage to the global trade brought on by President Donald Trump‘s tariffs battle with Beijing is looming as leaders of Southeast Asian nations, China, the U.S. and other regional economies meet in Singapore this week. Newly imposed tariffs on billions of dollars’ worth of each other’s exports resulting from a battle … Continue reading SINGAPORE | Southeast Asian summit puts focus on trade tensions, trends

SINGAPORE | World markets mixed as investors monitor earnings

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. Investors are looking to new company earnings for further clues. KEEPING SCORE: The CAC 40 in France was up 0.8 percent at 5,006 and Germany’s DAX … Continue reading SINGAPORE | World markets mixed as investors monitor earnings

SINGAPORE | Asian shares mostly higher on strong Japan factory data

SINGAPORE — Asian markets have bounced back from their retreat after the report of strong preliminary manufacturing data in Japan. KEEPING SCORE: Japan’s Nikkei 225 index jumped 0.5 percent to 22,130.30 as a private survey suggested a recovery in manufacturing in October. The Shanghai Composite index, which closed more than 2 percent lower on Tuesday, … Continue reading SINGAPORE | Asian shares mostly higher on strong Japan factory data

Banks, health care companies weigh on US stock indexes

Major U.S. stock indexes were mostly lower in midday trading Monday as losses in banks and health care companies outweighed gains elsewhere. Energy companies also fell along with the price of crude oil. Technology companies rebounded after an early tumble. Smaller companies were doing better than the rest of the market. Toy makers slumped after … Continue reading Banks, health care companies weigh on US stock indexes

BEIJING  | China’s growth slows as officials try to reassure investors

BEIJING  — China reported economic growth sank to a post-global crisis low as finance officials launched a media blitz Friday to shore up confidence in its sagging stock market. Growth in the quarter that ended in September slipped to 6.5 percent over a year earlier from the previous quarter’s 6.7 percent, official data showed. It … Continue reading BEIJING  | China’s growth slows as officials try to reassure investors

BANGKOK | Asia shares sag after retreat on Wall St, weaker Japan data

BANGKOK— Shares fell Thursday in Asia after a retreat on Wall Street driven by sell-offs of technology shares, homebuilders and retailers. A report of weaker Japanese exports in September underscored uncertainties over the outlook for trade. KEEPING SCORE: Japan‘s Nikkei 225 index sank 0.7 percent to 22,687.66 and the Kospi in South Korea lost 0.7 … Continue reading BANGKOK | Asia shares sag after retreat on Wall St, weaker Japan data

NEW YORK | US stock indexes fall further as technology slump continues

NEW YORK— U.S. stocks are mixed Monday as technology companies continue to slump and the Commerce Department said retail sales remained sluggish in September. The S&P 500 and other major U.S. indexes are coming off their worst week since late March as investors worry about rising interest rates and trade tensions between the U.S. and … Continue reading NEW YORK | US stock indexes fall further as technology slump continues

WASHINGTON | Who’s Trump listen to on trade? Chinese ambassador at a loss

WASHINGTON  — China’s ambassador to the United States says he and other foreign diplomats in Washington are having a difficult time figuring out which trade advisers President Donald Trump listens to in his administration. Cui Tiankai (sway tee-yehn-KY’) was asked on “Fox News Sunday” about trade tensions between the economic powers and if he was … Continue reading WASHINGTON | Who’s Trump listen to on trade? Chinese ambassador at a loss

SINGAPORE | World markets claw back losses on possible Trump-Xi meet

SINGAPORE — Global stock indexes rose Friday after their recent sharp declines on hopes that U.S. President Donald Trump and his Chinese counterpart, Xi Jinping, will meet at the Group of 20 summit next month. The Wall Street Journal reported that the White House had informed officials in Beijing that it would go ahead with … Continue reading SINGAPORE | World markets claw back losses on possible Trump-Xi meet

SINGAPORE | Asian markets mixed on strong Chinese trade data

SINGAPORE — Asian stocks were mixed on Friday as better-than-expected Chinese trade data gave some markets a breather from worries about the impact of punitive tariffs. KEEPING SCORE: Japan‘s benchmark Nikkei 225 racked up more losses after falling almost 4 percent in the previous day. The index dropped 0.5 percent to 22,488.86. The Kospi in … Continue reading SINGAPORE | Asian markets mixed on strong Chinese trade data

NEW YORK | Stocks plunge again on wide selling; Dow drops another 545

NEW YORK — U.S. stocks sank more than 2 percent Thursday, the second day of steep declines around the globe driven by concerns about rising interest rates and trade tensions. The Dow Jones Industrial Average dropped 546 points after dropping 831 points Wednesday. The two-day loss of 5.3 percent is the biggest for Dow since … Continue reading NEW YORK | Stocks plunge again on wide selling; Dow drops another 545

SINGAPORE | Global markets tumble ahead of US data; tech stocks fall

SINGAPORE — European markets sank in early trading Thursday ahead of U.S. inflation data that may lift bond yields and possibly push interest rates higher. In Asia, losses on Wall Street overnight snowballed, triggering a slump in technology stocks. China’s benchmark hit a four-year low and Tokyo’s Nikkei 225 fell by an unusually wide margin … Continue reading SINGAPORE | Global markets tumble ahead of US data; tech stocks fall

NUSA DUA, Indonesia | World Bank head says trade tensions could worsen poverty

NUSA DUA, Indonesia  — World Bank President Jim Yong Kim says the trade tensions escalating between the U.S. and China could undo global progress in helping end extreme poverty. Speaking at the outset Thursday of the annual meeting of the World Bank and International Monetary Fund on the island of Bali in Indonesia, joined the … Continue reading NUSA DUA, Indonesia | World Bank head says trade tensions could worsen poverty

TOKYO | Asian shares mostly rise in muted trading amid growth fears

TOKYO — Asian shares were mostly higher in muted trading Wednesday amid continuing worries about trade tensions and slowing global economic growth. KEEPING SCORE: Japan’s benchmark Nikkei 225 added 0.2 percent to finish at 23,506.04, while Australia‘s S&P/ASX 200 inched up 0.1 percent to 6,049.80. South Korea’s Kospi lost 1.1 percent to 2,229.12. Hong Kong‘s … Continue reading TOKYO | Asian shares mostly rise in muted trading amid growth fears

SINGAPORE | World stocks mixed after IMF trims economic outlook

SINGAPORE — European and Asian markets are mixed after the International Monetary Fund lowered its outlook for the world economy, citing the impact of rising interest rates and trade tensions. KEEPING SCORE: Germany’s DAX lost 0.1 percent to 11,930.66 while the CAC 40 in France added 0.1 percent 5,306.00 on Tuesday. Britain’s FTSE 100 was … Continue reading SINGAPORE | World stocks mixed after IMF trims economic outlook