• 10 things you need to know in markets today

    2 monthes ago - By Business Insider

    Good morning! Here's what you need to know in markets on Monday.
    1. Asian shares stumbled in holiday-thinned trading on Monday as China's decision to cancel talks with the United States reinforced fears of a protracted trade war. China added $60 billion of US products to its import tariff list, retaliating against US duties on $200 billion of Chinese goods that came into effect on Monday.
    2. US cable giant Comcast scored a big win in the scramble for media assets by beating Rupert Murdoch, and his backer Disney, in the battle for Sky with an eye-watering $40 billion bid. It was a "great...
    Read more ...

     

  • Asian shares fall on reports China-US trade talks put off

    Asian shares fall on reports China-US trade talks put off

    2 monthes ago - By Chron

    BANGKOK - Shares have fallen in Asia after China reportedly rebuffed a plan for talks with the U.S. on resolving their dispute over trade and technology. The slow start to the week followed a mixed close Friday on Wall Street, where an afternoon sell-off erased modest gains for the S&P 500 that had the benchmark index on track to eke out its own record high for much of the day.
    KEEPING SCORE: Hong Kong's Hang Seng index fell 1.5 percent to 27,540.81 and Australia's S&P ASX 200 edged 0.1 percent lower to 6,189.40. India's Sensex gave up 0.8 percent to 36,537.71. Shares rose in Singapore but...
    Read more ...

     

  • China accuses U.S. of 'trade bullyism' as both sides impose fresh tariffs

    2 monthes ago - By Reuters

    The United States and China imposed fresh tariffs on each other's goods on Monday, as the world's biggest economies showed no signs of backing down from an increasing bitter trade dispute that is expected to knock global economic growth.
    Read more ...

     

  • US-China trade war: New tit-for-tat tariffs targeting $260bn in bilateral trade go into effect

    2 monthes ago - By RT

    The Sino-American trade conflict has entered a new stage, after the latest tit-for-tat tariff hikes, targeting in total some $260 billion-worth of bilaterally traded goods, has officially come into effect.
    Read more ...

     

  • Asian shares wobble on fear of long U.S.-China trade war; oil rallies

    2 monthes ago - By Reuters

    Asian shares stumbled in holiday-thinned trading on Monday as China's decision to cancel talks with the United States reinforced fears of a protracted trade war with neither side willing to back down.
    Read more ...