Macron says it is not France’s aim to block Huawei
French President Emmanuel Macron said it was not the aim of France to block Huawei, nor to launch any form of technological war, a day after the U.S. government moved to blacklist the Chinese telecoms giant.
Brokers brave China’s FX market crackdown in hunt for household high rollers
Lured by hopes that China’s retail investors could become major players in global currency markets, foreign brokers are brazenly chasing business in a gray area of the country’s online trading sector, even as Beijing vows to wipe out such activities.
Airbus CEO says all planemakers would lose from trade war
Airbus Chief Executive Guillaume Faury warned on Thursday that any further escalation of trade tensions would damage aerospace companies globally, including arch-rival Boeing.
Oil prices rise for third session on Mideast tensions
Oil prices rose on Thursday for the third day in a row as fears of supply disruptions amid heightened tensions in the Middle East overshadowed swelling U.S. crude inventories.
U.S. sanctions on Huawei send stocks reeling; yields fall
European stocks fell, government bond yields slipped and the Japanese yen firmed on Thursday after the U.S. government hit Chinese telecoms giant Huawei with severe sanctions, further straining Sino-U.S. trade ties.
China says opposes unilateral sanctions against its entities, as U.S. blacklists Huawei
China strongly opposes other countries imposing unilateral sanctions on Chinese entities, a Commerce Ministry spokesman said on Thursday in response to the latest U.S. restrictions on telecom giant Huawei Technologies Co.
China says there has to be good faith for meaningful talks with U.S.
China’s Foreign Ministry said on Thursday that there has to be good faith for meaningful talks with the United States, amid an on-going trade war between the two countries.
China says will protect rights of its businesses
China’s Foreign Ministry said on Thursday that the country will take necessary measures to safeguard the rights and interests of its businesses, after the United States hit Chinese telecoms giant Huawei Technologies Co Ltd with severe sanctions.
Oil edges up for third session on Mideast tensions
Oil prices pushed higher on Thursday for a third day in a row, as fears of supply disruptions amid heightened tensions in the Middle East overshadowed an unexpected rise in U.S. inventories.
Opting out: Some of China’s ‘996’ tech tribe quit, seek less stress
For over six years Qi Yaqian was a proud member of China’s so-called 996 tech tribe, working nights and weekends at Nuomi, a group deals website.
