China third-quarter GDP grows 6%, slowest pace in almost three decades
China’s economic growth slowed more than expected to 6.0% year-on-year in the third quarter, the weakest pace in almost three decades, hit by soft factory production amid a bruising Sino-U.S. trade war and lackluster demand at home.
Instant View: China third-quarter GDP grows 6.0% year-on-year, misses expectations
China’s economic growth slowed more than expected to 6.0% year-on-year in the third quarter, the weakest pace in at least 27-1/2 years, as demand at home and abroad faltered amid a bruising Sino-U.S. trade war.
Six warning lights flashing for China’s slowing economy
China’s $13 trillion economy is slowing and indicators showing that range from freight shipments to factory power generation and from employment to expenditures on entertainment.
China market regulator chief met with Apple CEO Tim Cook
China’s market regulator chief Xiao Yaqing met with Apple Inc’s Chief Executive Tim Cook in Beijing on Thursday, the regulator said on Friday.
Oil prices steady, all eyes on data seen showing China GDP growth slowdown
Oil prices were stable on Friday ahead of data that analysts say could show China, the world’s largest oil importer, just recorded its weakest quarter of economic growth in nearly three decades, dragged down by a trade dispute with the United States.
Asian stocks track Brexit deal cheer but China caution prevails
Asian stocks edged higher on Friday, tracking the global lift in sentiment after the UK and the European Union struck a long-awaited Brexit deal, but concern about the Chinese economy is likely to cap gains with data expected to show weaker growth.
Judge summons drug company CEOs to discuss opioid settlement: source
The chief executives of the three largest U.S. drug distributors and a drugmaker have been summoned to appear before a federal judge to discuss a proposal to resolve thousands of lawsuits alleging they fueled the U.S. opioid crisis, a person familiar w…
Goldman wants traders to be more like dealmakers and coders
Over the past decade or so, Goldman Sachs Group Inc has watched its annual trading profits fall 84%, as post-financial crisis regulations upended Wall Street. Now, bank executives are hoping they have figured out the key to a turnaround: asking traders…
UAW will keep GM strike going while members vote on new contract
The United Auto Workers union said on Thursday workers at General Motors Co will stay off the job while they vote on a proposed contract that delivers higher pay for full-time workers and better terms for temporary workers, but allows the automaker to …
Ex-U.S. biotech executive fined for lying to auditors, charges dropped against CFO: SEC
The former chief business officer of U.S. biotechnology company Osiris Therapeutics Inc has agreed to pay a $40,000 civil penalty for lying to auditors, the Securities and Exchange Commission said on Thursday.
