China’s Premier Li says unilateral trade actions will not resolve problems
China’s Premier Li Keqiang said on Wednesday that multi-lateralism should be upheld, and that unilateral trade actions will not solve any problems.
Global stocks, U.S. bond yields rise as trade row fails to dent confidence
Asian stocks rose and U.S. Treasury yields hovered near four-month highs on Wednesday, as investors looked past the latest escalation in the U.S.-China trade conflict, seen by some market participants as less severe than expected.
China will use trade war with U.S. to replace imports: state media
China is not afraid of “extreme measures” the United States is taking in their trade war and will use it as an opportunity to replace imports, promote localization and accelerate the development of high-tech products, state media said.
Danske Bank set to shed light on Russian money flows to Europe
Danske Bank will on Wednesday lift the lid on how billions of euros from Russia and ex-Soviet states flowed through its accounts in Estonia, the latest scandal to highlight Europe’s inability to tackle alleged money-laundering.
Exclusive: Indian police scrutinize major law firm in PNB fraud probe after documents moved
India’s largest law firm, Cyril Amarchand Mangaldas (CAM), is being scrutinized by federal agents after they seized documents related to the $2 billion fraud at state-run Punjab National Bank from CAM’s premises in February, a lawyer representing the government and a police source told Reuters.
U.S. senators seek punishment if China’s ZTE violates deal
Republican and Democratic U.S. senators introduced a bill on Tuesday that would reimpose sanctions on China’s ZTE Corp if it does not fully comply with U.S. laws and an agreement with the Trump administration that ended stiff restrictions on the tele…
WeWork tops JPMorgan as No. 1 New York tenant as coworking booms
WeWork Cos said it surpassed JP Morgan , the biggest U.S. bank, as the largest tenant of Manhattan office space, a milestone highlighting growing demand for flexible leases.
Wall Street bounces back as investors shrug off trade tensions
Wall Street rebounded on Tuesday in a broad-based rally as investors brushed aside intensifying trade rhetoric between the United States and China.
Global stocks rise as no harm seen in trade row, dollar gains
Global equity markets rallied on Tuesday as the latest tit-for-tat U.S.-Chinese trade dispute was seen as barely denting world growth, while U.S. Treasury yields rose in anticipation the Federal Reserve will hike interest rates this year and next.
U.S. Justice Department probes Musk statement on taking Tesla private
Tesla Inc said on Tuesday the U.S. Department of Justice was investigating Chief Executive Elon Musk’s public statements in August that he was considering taking the electric car maker private, the latest and biggest threat to Musk’s leadership.
