Shanghai to speed up efforts to cancel foreign investment curbs in auto making
Shanghai will accelerate efforts to cancel restrictions on foreign investment in the auto manufacturing sector, a government official said on Wednesday, a day after Tesla said it would build a wholly owned auto plant in the city.
Oil falls after Trump threatens to escalate trade war with new tariffs
Oil prices fell on Wednesday, with Brent dropping by more than $1 at one point, after U.S. President Donald Trump threatened to levy new trade tariffs on China.
Criminal case sheds light on Apple self-driving car technology
The criminal complaint filed Monday against an ex-Apple Inc employee for allegedly stealing self-driving car trade secrets from the Cupertino company provides a handful of new details about its work on the technology, experts said.
SoftBank’s Son says to carry on with deals despite trade jitters
SoftBank Group Corp CEO Masayoshi Son said on Tuesday he was optimistic that U.S. President Donald Trump’s escalation of trade disputes and heightened scrutiny of foreign investments would not affect the Japanese firm’s prolific dealmaking.
U.S. ramps up trade row with China, threatens new tariffs
The Trump administration raised the stakes in its trade dispute with China on Tuesday, saying it would slap 10 percent tariffs on an extra $200 billion worth of Chinese imports.
Stocks slide broadly as U.S. ups ante in trade conflict
U.S. threats of tariffs on an additional $200 billion worth of Chinese goods sent Asian stocks lower on Wednesday, with China’s markets leading the declines, as trade tensions between the world’s two biggest economies worsened.
China commerce ministry official says new U.S. tariff plan harms WTO system, globalization
China’s assistant commerce minister said on Wednesday that the latest proposed tariffs from the United States harms the World Trade Organization system and hurts globalization.
Global stocks slump, yen rises as U.S. raises stakes in trade conflict
U.S. tariffs on an additional $200 billion worth of Chinese goods sent Asian stocks tumbling on Wednesday, with China’s markets leading the declines, as trade tensions between the world’s two biggest economies continued to deteriorate.
Yuan, Aussie hit as U.S. threatens more tariffs on China
The dollar rose near an 11-month high against the Chinese yuan and the Australian dollar tumbled after the U.S. said it would slap tariffs on an extra $200 billion of imports from China, sharply escalating tensions between the world’s two biggest econ…
U.S. says to slap tariffs on extra $200 billion of Chinese imports
The Trump administration raised the stakes in its trade war with China on Tuesday, saying it would slap 10 percent tariffs on an extra $200 billion worth of Chinese imports.
