AB InBev’s Asia business files for Hong Kong IPO of at least $5 billion: sources
The Asia business of Anheuser-Busch InBev, the world’s largest brewer, filed on Friday a draft prospectus for an initial public offering (IPO), which two sources with knowledge of the matter said could be worth at least $5 billion.
First day of U.S.-China trade talks ends; Trump’s tariff hike set to take effect
Top U.S. and Chinese trade negotiators concluded the first of two days of talks on Thursday to rescue a trade deal that is close to collapsing as Washington prepares to go ahead with plans to hike tariffs on hundreds of billions of dollars of goods imp…
U.S. hikes tariffs on Chinese goods, China says to strike back
U.S. President Donald Trump’s tariff increase to 25% on $200 billion worth of Chinese goods took effect on Friday, and Beijing said it would strike back, ratcheting up tensions as the two sides pursue last-ditch talks to try salvaging a trade deal.
U.S. stock futures slip after tariff increase takes effect
U.S. stock futures fell and Asian shares pared gains on Friday after U.S. President Donald Trump’s tariff increase on $200 billion worth of Chinese goods took effect, ratcheting up tensions between the world’s two biggest economies.
China expresses regret over U.S. tariff hike, vows countermeasures
China on Friday said it “deeply regrets” the United States’ decision to increase tariffs on $200 billion worth of Chinese goods to 25% from 10%, adding without elaborating that it would take necessary countermeasures.
Chinese group sells Hamleys toy stores to India’s Reliance Industries
Hamleys, the world’s oldest toy retailer, is set to pass from Chinese to Indian control after Reliance Industries Ltd said it had agreed to buy the British high street icon in a deal worth $88.5 million.
U.S. stock futures fall as Trump’s tariff hike on China looms
U.S. stock futures turned negative and Asian shares pared gains on Friday as global investors waited nervously to see if Washington would suspend its plan to raise tariffs on Chinese imports at midday.
U.S.-China trade talks to continue on Friday: White House
U.S. Trade Representative Robert Lighthizer and U.S. Treasury Secretary Steven Mnuchin have agreed with Chinese Vice Premier Liu He to continue trade talks on Friday morning, a White House spokesman said on Thursday.
Asian shares pull up from two-month lows ahead of looming U.S. tariff hike
Asian shares inched up from two-month lows on Friday, hours ahead of the Trump administration’s plan to raise tariffs on Chinese imports, as investors waited to see if negotiators can salvage a deal and avoid a sharp escalation in the trade war.
U.S.-China trade talks will continue Friday morning: paper editor
U.S.-China trade talks in Washington will continue on Friday morning U.S. time, Hu Xijin, the editor-in-chief of Chinese state-run newspaper the Global Times, tweeted on Friday.
