• Starbucks' departing chairman backs China prospects, hints at Jack Ma tie-up

    4 monthes ago - By Reuters

    Starbucks Corp's outgoing Executive Chairman Howard Schultz said on Monday that a recent slowdown in China would be short-lived, seeking to salve investor concerns that the U.S. coffee chain is under pressure in the fast-growing market.
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  • Asian shares rise despite escalating US-China trade row

    4 monthes ago - By Chron

    TOKYO - Asian shares were mostly higher Monday after a weekend of relative quiet over the escalating trade standoff between the U.S. and China. Investors appear optimistic about the outlook for the global economy despite punitive tariffs imposed by Washington and Beijing on each other's exports.
    KEEPING SCORE: Japan's benchmark Nikkei 225 added 1.2 percent to finish at 22,052.18. Australia's S&P/ASX 200 edged up 0.2 percent to 6,286.00, while South Korea's Kospi gained 0.5 percent to 2,285.80. Hong Kong's Hang Seng rose 1.7 percent to 28,788.77, while the Shanghai Composite index jumped...
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