China says confident it can clinch trade deal with U.S. as doubts grow
China said on Wednesday that Beijing and Washington will push forward with trade negotiations in the next 90 days and it is confident that an agreement can be reached, as doubts grow over whether the two sides can resolve their deep differences.
Stocks fall as declining U.S. yields, trade woes knock sentiment
Asian stocks fell on Wednesday, dragged by Wall Street’s tumble as sharp declines in long-term U.S. Treasury yields and resurgent trade concerns stoked investor worries about global economic growth.
Trump threatens tariffs if can’t reach ‘real deal’ with China
U.S. President Donald Trump threatened on Tuesday to place “major tariffs” on Chinese goods imported into the United States if his administration is unable to reach an effective trade deal with Beijing.
SoftBank’s Vision Fund to hire China team, set up mainland office: sources
The SoftBank-led Vision Fund is hiring an investment team to be based in China as the $100 billion investment giant expands in one of the world’s most vibrant tech markets, two people with direct knowledge of the move told Reuters.
DoubleLine’s Gundlach says Treasuries point to economy ready to weaken
Jeffrey Gundlach, chief executive officer of DoubleLine Capital, said the U.S. Treasury yield curve inversion on short-end maturities was signaling the “economy is poised to weaken.”
Trump panel wants to give USPS right to hike prices for Amazon, others
The United States Postal Service should have more flexibility to raise rates for packages, according to recommendations from a task force set up by President Donald Trump, a move that could hurt profits of Amazon.com Inc and other large online retailer…
DoubleLine’s Gundlach says Treasuries point to an economy ready to weaken
Jeffrey Gundlach, chief executive officer of DoubleLine Capital, said on Tuesday that the U.S. Treasury yield curve inversion on short-end maturities was signaling that the “economy is poised to weaken.”
Two key Canada-to-U.S. oil pipelines hit by disruptions
Two major pipelines carrying oil from Canada to the United States were hit by weather-related disruptions on Tuesday, the latest hit to Canada’s oil industry just days after the Alberta government announced forced cuts in crude production.
U.S. Treasury secretary says investors on edge over trade talks
Investors who pushed equity prices sharply lower on Tuesday are grappling with uncertainty over whether U.S. President Donald Trump will strike a deal to avert an escalation of America’s trade war with China, the U.S. Treasury secretary said on Tuesday…
Global stocks dive on growth concerns, doubts over trade truce
Global stocks tumbled on Tuesday as a flattening Treasury yield curve sparked recession warnings, while optimism sharply waned that the United States and China would quickly resolve their trade dispute.
