• China's ZTE shakes up board in bid for U.S. ban lift

    18 days ago - By Reuters

    SHENZHEN, China/HONG KONG - Chinese telecoms giant ZTE Corp announced a new board on Friday in a radical management shakeup as part of a $1.4 billion deal with the United States, moving it closer toward getting a devastating American supplier ban lifted.
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  • Best's Market Segment Report: Pressure Ramps Up on U.S.-Subsidized Multi-Peril Crop Insurance Market

    18 days ago - By A.M. Best

    The U.S. government-subsidized multi-peril crop insurance market has been under pressure in recent years, and any major cuts as a result of farm bill negotiations in the U.S. Congress could change ...
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  • China says U.S. should tell airlines to change websites in Taiwan row

    18 days ago - By Reuters

    BEIJING - China said on Friday that the United States should tell its airlines to change their websites to refer to self-ruled Taiwan as Chinese territory, after the United States said China had rejected requests for talks on the matter.
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  • How To Face The Next Bear Market With Confidence

    How To Face The Next Bear Market With Confidence

    18 days ago - By ETF Daily News

    We're about nine years into the economic recovery following the Great Recession. It's been an extraordinarily profitable period for the stock market-one of the best in U.S. history-and I hope you've participated.
    But every bull market ends with a bear market, and while no one knows for sure when that will be, it's probably safe to assume we're in the final stretch. In its June outlook of the U.S. economy, Spanish bank BBVA put the probability of a recession in the next 12 months at 16 percent, up from 5.2 percent in January. That's the highest figure since 2016, when financial markets grew...
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  • Chinese Market Weakness May Spread To U.S. This Summer

    Chinese Market Weakness May Spread To U.S. This Summer

    18 days ago - By ETF Daily News

    From Streetwise Reports : Technical analyst Clive Maund examines the Chinese stock market and the example it may be setting for the U.S. market.
    If there were any doubts that the Chinese stock market had entered a bear market, these were dispelled by the breach of key support at 3000 and plunge last week, which we can see to advantage on the 6-month chart for the Shanghai Composite index shown below. A tentative downtrend channel is drawn on this chart, but it is important to note that this drop could rapidly gather momentum and get a lot steeper now that the key 3000 level has been...
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