Chinese state media slams Trump for ‘extortion’ in trade dispute
Chinese state media on Monday lashed out at U.S. President Donald Trump’s trade policies in an unusually personal attack, even as they sought to reassure investors about the health of China’s economy as growth concerns roiled its financial markets.
Asian stocks cheer move by China’s central bank, but trade war weighs
Stocks across Asia advanced on Monday as China’s efforts to stop sharp declines in its currency and capital flight supported wider sentiment in the region, although the escalating Sino-U.S. trade conflict has capped gains.
Oil prices rise after Saudi output dips, U.S. drilling stalls
Oil prices rose on Monday after Saudi crude production registered a surprising dip in July and as American shale drilling appeared to plateau.
China state media attacks Trump on trade in unusually harsh terms
China’s state media on Monday lashed out at the policies of U.S. President Donald Trump in an unusually direct attack, accusing him of “starring in his own carefully orchestrated street fighter-style deceitful drama”.
Oil prices edge up after Saudi output dips, U.S. drilling stalls
Oil prices edged up on Monday as Saudi crude production took a surprising dip in July and American shale drilling seemed to plateau.
Asian stocks gain on move by China’s central bank, but trade war weighs
Asian stocks rose on Monday after China’s central bank took steps to try to drag the yuan away from 14-month lows, but the tit-for-tat conflict over Sino-U.S. trade hung heavily on markets.
CBS entertainment chief defends network amid Moonves allegations
The president of CBS Entertainment said on Sunday that the broadcast network is committed to a safe workplace following a “tough week” clouded by allegations of sexual misconduct against Chief Executive Leslie Moonves.
Munich Re to back away from coal-related business: CEO
Munich Re , the world’s biggest reinsurer, will stop investing in bonds and shares of companies that generate more than 30 percent of their sales with coal-related business, its chief executive said, caving to pressure from investors.
Indonesia lobbies U.S. to maintain special tariff treatment
Indonesia lobbied visiting U.S. Secretary of State Mike Pompeo to keep the Southeast Asian nation on a list of countries that receive preferential trade terms, its foreign and trade ministers said on Sunday.
Huawei in British spotlight over use of U.S. firm’s software
Huawei Technologies is facing increased scrutiny in Britain because it is using an aging software component sold by a firm based in the United States, one of the countries where lawmakers allege its equipment could facilitate Chinese spying, sources to…
