China fast tracks new foreign investment law as U.S. talks loom
China’s parliament will vote in March on a new foreign investment law that will ban forced technology transfer and illegal government “interference” in foreign business practices, the official Xinhua News agency reported in Wednesday.
Apple relief steadies Asian stocks, investors await Fed, U.S.-China talks
Asian equities steadied on Wednesday as investors awaited Federal Reserve policy guidance and the outcome of high level trade talks between the United States and China, while drawing relief from Apple Inc’s earnings.
Oil prices rise on Venezuelan supply concerns following U.S. sanctions
Oil prices rose on Wednesday as concerns about supply disruptions following U.S. sanctions on Venezuela’s oil industry outweighed downward pressure from a darkening outlook for the global economy.
Oil dips as gloomy economic outlook outweighs Venezuela supply concerns
Oil prices dipped on Wednesday amid a cloudy outlook for the global economy, but traders said declines were reined in by worries over disruptions to supply from U.S. sanctions on Venezuelan fuel exports.
U.S., China face deep trade, IP differences in high-level talks
The United States and China launch a critical round of trade talks on Wednesday amid deep differences over Washington’s demands for structural economic reforms from Beijing that will make it difficult to reach a deal before a March 2 U.S. tariff hike.
Factbox: Tariff wars – duties imposed by Trump and U.S. trading partners
U.S. President Donald Trump has rattled the world trade order by imposing unilateral tariffs to combat what he calls unfair trade practices by China, the European Union and other major trading partners of the United States.
Apple lowers some iPhone prices outside U.S. to offset strong dollar
Apple Inc plans to cut the price of some of its flagship iPhones for only the second time in the device’s 12-year history, pegging its retail value to past prices in local currencies outside the United States instead of the rising U.S. dollar.
Oil stable as economic outlook weighs, Venezuela concerns support
Oil prices were stable on Tuesday, pressured by a cloudy outlook for the global economy but supported by worries over disruptions to supply from U.S. sanctions on Venezuelan exports.
Asian shares inch up after Apple earnings, CEO comments
U.S. stock futures and Asian equities eked out modest gains on Wednesday as investors seized on Apple Inc’s earnings and comments from its chief that U.S.-China trade tensions were easing, sending the iPhone maker’s shares soaring in after-hours trade…
iPhone suppliers rise after Apple’s quarterly report
** Shares of Apple suppliers up in extended trade after Apple’s quarterly results and guide prove not as bad as some expected
