Asia stocks up on Sino-U.S. trade hopes, sterling nurses losses
Asian stock markets edged ahead on Wednesday as U.S. President Donald trump sounded upbeat about a trade deal with China, while sterling struggled with talk of an imminent party coup against British Prime Minister Theresa May.
Trump says would intervene in arrest of Chinese executive
U.S. President Donald Trump said on Tuesday he would intervene with the U.S. Justice Department in the case against a Chinese telecommunications executive if it would help secure a trade deal with Beijing.
Exclusive: Trump says China buying ‘tremendous amount’ of U.S. soybeans
U.S. President Donald Trump said on Tuesday that China was buying a “tremendous amount” of U.S. soybeans and that trade talks with Beijing were already underway by telephone, with more meetings likely among U.S. and Chinese officials.
DoubleLine’s Gundlach says S&P 500 likely to go below February 2018 lows
Jeffrey Gundlach, chief executive of DoubleLine Capital, said Tuesday on an investor webcast that the Standard & Poor’s 500 Index is likely to go below its February 2018 lows.
SoftBank plans Nvidia stake sale soon, could make about $3 billion: Bloomberg
SoftBank Group Corp is planning to sell its stake in Nvidia Corp early next year as the U.S. chipmaker’s shares slide, Bloomberg reported, citing people familiar with the matter.
Exclusive: Trump says he could intervene in U.S. case against Huawei CFO
U.S. President Donald Trump said on Tuesday he would intervene in the Justice Department’s case against a top executive at China’s Huawei Technologies [HWT.UL] if it would serve national security interests or help close a trade deal with China.
Asia stocks cautious, pound pummeled by politics
Asian markets faced a fraught session on Wednesday as conflicting reports deepened confusion over Sino-U.S. trade, while sterling was battered by talk of an imminent party coup against British Prime Minister Theresa May.
Canadian court grants bail to CFO of China’s Huawei
A Canadian court on Tuesday granted bail to a top executive of Chinese telecoms giant Huawei Technologies Co Ltd while she awaits a hearing for extradition to the United States, a move that could help placate Chinese officials angered by her arrest.
DoubleLine’s Gundlach says S&P 500 likely to go below its February 2018 lows
Jeffrey Gundlach, chief executive of DoubleLine Capital, said Tuesday on an investor webcast that the Standard & Poor’s 500 Index is likely to go below its February 2018 lows.
Colombia’s Grupo Aval says will cooperate with U.S. investigation
Grupo Aval , Colombia’s largest financial conglomerate, said on Tuesday it had received an inquiry from the United States Justice Department related to an investigation into a highway project where one of its subsidiaries partnered with Brazilian const…
