August 9, 2019

IMF stands by yuan view; says China could need stimulus if trade war worsens

The International Monetary Fund on Friday stood by its assessment that China’s yuan valuation was largely in line with economic fundamentals, but an IMF official said […]
August 9, 2019

U.S. still evaluating requests from firms to sell to China’s Huawei: officials

The U.S. Commerce Department is continuing to evaluate requests by U.S. companies to sell certain equipment to Chinese telecoms company Huawei Technologies Co Ltd, a White […]
August 9, 2019

White House’s Navarro says still expecting next round of China trade talks

White House trade adviser Peter Navarro said on Friday the United States was still planning to hold another round of trade talks with Chinese negotiators. Powered […]
August 9, 2019

Peru suspends permit for Southern Copper’s $1.4 billion Tia Maria project

Peru has suspended a construction permit it recently gave to Southern Copper Corp for its $1.4 billion Tia Maria copper project while officials can re-evaluate its […]
August 9, 2019

Wall Street end down amid more trade woes, high volatility

U.S. stocks fell on Friday following renewed jitters over the U.S.-China trade war, capping a week of trading that saw big swings and high volume. Powered […]
August 9, 2019

Wall Street drops as Trump comments fan trade worries

Wall Street’s main indexes slipped on Friday after President Donald Trump said the United States and China were pursuing trade talks but he was not ready […]
August 9, 2019

Investors embrace ESG investing but don’t target gun stocks

Two new BlackRock Inc funds that exclude gun makers are off to slow starts as socially-minded investors embrace other products addressing a wide range of issues […]
August 9, 2019

Exclusive: PSA, Dongfeng to drop two China auto plants, halve workforce – document

Peugeot maker PSA Group and partner Dongfeng Group have agreed to cut thousands of jobs in China and drop two of their four shared assembly plants, […]
August 9, 2019

Oil rises on European stock draw despite demand slowdown forecast

Oil prices rose more than 2% on Friday supported by a drop in European inventories and expectations of more OPEC output cuts despite the International Energy […]
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