• World shares skid as Huawei CFO arrest revives trade jitters

    5 monthes ago - By Chron

    TOKYO - World financial markets took another plunge Thursday on concerns that the arrest of a senior official at Chinese telecoms equipment maker Huawei could hinder progress in China-U.S. trade talks.
    The price of oil also fell even though OPEC was expected to agree on a production cut to support the energy market.
    KEEPING SCORE: The DAX in Germany fell 2.4 percent to 10,933 and France's CAC 40 dropped 2.2 percent to 4,836. The FTSE 100 in Britain lost 2.2 percent to 6,767. U.S. futures also augured a downbeat start for Wall Street after markets were closed Wednesday to mourn the death of...
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  • Global stocks slump on China executive arrest, oil spills into OPEC

    5 monthes ago - By Reuters

    Global stock markets slumped for a third day running on Thursday as the arrest of a top executive of Chinese tech giant Huawei in Canada for extradition to the United States fed fears of fresh tensions between the two economic superpowers.
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  • 10 things you need to know before the opening bell

    10 things you need to know before the opening bell

    5 monthes ago - By Business Insider

    Here is what you need to know.
    Canada arrested Huawei's CFO, and the US is seeking her extradition. Meng Wanzhou, the CFO of the Chinese technology company Huawei, was arrested on suspicion of violating the US's trade sanctions on Iran, adding a new chapter to the US-China trade war.
    Stocks are getting rocked. Hong Kong's Hang Seng led the losses in Asia, and Britain's FTSE trails in Europe. The S&P 500 is set to open down 1.66% near 2,655.
    Bonds are rallying. Buying has pushed the 10-year yield down more than 2 basis points to 2.89%, but the yield curve is slightly steeper with the spread...
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  • Global Stocks Plunge, Suggesting a Grim Day on Wall Street

    5 monthes ago - By NY Times

    Markets around the world fell sharply on Thursday after the arrest of a Huawei executive threatened to upend an fragile trade truce between the United States and China.
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  • European stocks fall sharply on arrest of Huawei executive

    5 monthes ago - By eFinancial News

    The arrest of a high-profile Huawei executive aggravated fears of US-China trade tensions
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  • Arrest Shakes Huawei as Global Skepticism of Its Business Grows

    5 monthes ago - By NY Times

    Britain, New Zealand, Australia and other countries have grown increasingly worried about potential security risks related to the Chinese telecom giant.
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  • Why the Arrest of Huawei's CFO Has Helped Send Stock Markets Into a Tailspin

    5 monthes ago - By Fortune

    Asian indices plummeted today-Nikkei 225 down 1.9%, Hang Seng down 2.5%, Shanghai Composite down 1.7%-and Europe's Stoxx 600 is down 1.9% at the time of writing. The main catalyst for the continuation of this week's selloff was the arrest in Canada of Sabrina Meng Wanzhou , the chief financial officer of Huawei and the daughter of company founder Ren Zhengfei.
    Meng faces extradition to the U.S., where investigators are probing Huawei's alleged non-compliance with sanctions on Iran. Is the timing of the arrest deliberate? That's an open question at this point-but either way, it could not be...
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  • Asian stocks sink after US orders arrest of senior Huawei executive in Canada

    5 monthes ago - By RT

    Major Asian stock markets plunged as much as 2.5 percent on Thursday after a senior Chinese executive was arrested in Canada, and is now facing extradition to the US. Investors fear an escalation of the US-China trade war.
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  • Global market rout continues as Huawei CFO's arrest heightens geopolitical tensions

    Global market rout continues as Huawei CFO's arrest heightens geopolitical tensions

    5 monthes ago - By Business Insider

    Global stock market rout continues as geopolitical tensions heighten following arrest of Huawei CFO.
    Sabrina Meng Wanzhou, one of the Chinese tech giant's most senior staff, was arrested for allegedly attempting to evade newly-implemented US sanctions.
    The news added to already existing market worries about the state of global trade, and pushed all major European and Asian share indexes sharply lower.
    Oil is also sliding ahead of a meeting between OPEC member states later on Thursday.
    You can follow the latest market movements with Markets Insider.
    Global stock markets continue to drop...
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