Oil prices rise as Sino-U.S. trade tensions show signs of easing
Oil prices rose on Thursday, buoyed by a drawdown in U.S. crude stockpiles and indications that China is taking concrete steps to put a trade war truce with Washington into action.
SoftBank to shun Huawei in favor of Ericsson, Nokia equipment: Nikkei
SoftBank Group Corp plans to replace 4G network equipment from China’s Huawei Technologies Co Ltd with hardware from Nokia and Ericsson, Nikkei reported on Thursday, without citing sources.
U.S. solar takes hit from Trump tariffs but is cheaper than ever: report
U.S. solar installations fell 15 percent in the third quarter as the Trump administration’s tariffs on overseas-made panels forced developers to put off large projects, according to a report commissioned by the industry’s primary trade group.
Asian shares surge as US-China trade thaw seen, sterling wobbles
Asian equity markets surged on Thursday on signs of easing Sino-U.S. trade tensions and expectations that China will step up efforts soon to support its cooling economy.
Japan rules out asking private firms to avoid telecoms gear that could be malicious
Japan’s government has no plan to ask private companies to avoid buying telecommunications equipment that could have malicious functions, such as information leakage, its top spokesman, Yoshihide Suga, said on Thursday.
Oil prices climb amid signs of easing U.S.-China trade tensions
Oil prices rose on Thursday, buoyed by a drawdown in U.S. crude inventories and signs that China is taking more concrete steps to put a trade war truce with Washington into action.
Hyundai Motor Group to provide suppliers with $1.5 billion in funding
South Korea’s Hyundai Motor Co plans to provide funding worth 1.7 trillion won ($1.5 billion) to stabilize management of its suppliers, the company said in a statement on Thursday.
Chinese state media urges Canada to defy U.S., free Huawei executive
Canada should distance itself from U.S. “hegemonism” and grant unconditional freedom to Meng Wanzhou, a top executive of China’s Huawei detained in Vancouver on Washington’s request, state-owned tabloid Global Times said in a Thursday editorial.
U.S. oil prices inch up amid stockpile drop, signs of easing trade tensions
U.S. oil prices edged up on Thursday, buoyed by a drawdown in inventories and by signs of easing trade tensions between Washington and Beijing.
Asian shares, sterling up on pause in Brexit, trade fears
Asian shares and the pound moved higher on Thursday as investors breathed a sigh of relief after British Prime Minister Theresa May survived a no-confidence vote, and as China appeared to be taking more steps to meet U.S. demands to open its markets.
