Deutsche Bank denies report it prevented Trump transactions being flagged
Deutsche Bank denied a report that said some of its executives rejected the advice of the bank’s own anti-money laundering specialists and prevented some transactions involving entities controlled by President Donald Trump and his son-in-law, Jared Kus…
China’s farm stocks defy Sino-U.S. trade rout on local demand expectations
The fresh escalation in the long-running Sino-U.S. trade dispute prompted a sharp selloff in Chinese markets last week with the yuan and banking and tech stocks hit particularly hard though some sectors, like farming, managed to outperform.
Huawei CFO house arrest contrasts with Canadians detained in China
Huawei Chief Financial Officer Meng Wanzhou described her house arrest in Vancouver as “restricted to a limited space” even as she spent her past six months in a six-bedroom, multi-million dollar Canadian home.
Trade uncertainty darkens U.S. small caps outlook
Shares of smaller publicly listed U.S. companies have fallen more on recent U.S.-China trade tensions than larger corporations and could face an even rougher road as the year wears on unless the prospects for economic growth improve.
Asian shares steady after slump, oil jumps on Saudi comments
Asian shares steadied on Monday as investors caught their breath following another week of escalating U.S.-China trade tensions, with sentiment turning brighter after the United States said it would lift tariffs in North America.
Trump says tariffs making companies leave China, a deal can’t be ’50-50′
U.S. President Donald Trump said his tariffs on Chinese goods are causing companies to move production out of China to Vietnam and other countries in Asia, and added that any agreement with China cannot be a “50-50” deal.
Air New Zealand picks Boeing for wide-body jet order: sources
Air New Zealand Ltd has decided to buy wide-body planes from Boeing Co, people with direct knowledge of the matter said, ending an 18 month battle between the U.S. aircraft maker and European rival Airbus SE.
Trump says tariffs causing companies to move out of China
U.S. President Donald Trump said his tariffs on Chinese goods are causing companies to move production out of China to Vietnam and other countries in Asia, and added that any agreement with China cannot be a “50-50” deal.
Asian shares steady after steep losses; Saudi comments lift oil
Share markets in Asia got off to a steady start on Monday as investors tried to catch their breath following another week of escalating trade tensions between the United States and China.
USTR Lighthizer to meet Motegi for trade talks in Japan on May 24: sources
U.S. Trade Representative Robert Lighthizer will visit Japan on May 24 to meet Economy Minister Toshimitsu Motegi to accelerate trade talks ahead of a leaders’ summit a few days later, two sources with direct knowledge of the plan said on Monday.
