July 11, 2018

China says will hit back after U.S. proposes fresh tariffs on $200 billion in goods

China accused the United States of bullying and warned it would hit back after the Trump administration raised the stakes in their trade dispute, threatening 10 […]
July 11, 2018

U.S. House Speaker Ryan: tariffs not the way to go in China trade dispute

U.S. House of Representatives Speaker Paul Ryan said on Wednesday tariffs are not the right tool to use in the trade dispute with China, although Beijing […]
July 11, 2018

Exclusive: Trump, Pfizer CEO Ian Read spoke about drug pricing – source

U.S. President Donald Trump called Pfizer Chief Executive Ian Read on Tuesday and discussed the company’s July 1 price hikes for 10 to 15 minutes, communicating […]
July 11, 2018

Bullish central bank news lifts euro, Canadian dollar

The euro rose to a daily high on Wednesday after a report that European Central Bank policymakers were split over when the central bank would raise […]
July 11, 2018

U.S. says the ‘reckoning’ over China trade is too big for WTO

A “reckoning” over China’s unfair trade policies is urgent and is too big for the World Trade Organization to handle, U.S. ambassador Dennis Shea told a […]
July 11, 2018

Murdoch’s Fox ups Sky bid to $32.5 billion, all eyes on Comcast

Rupert Murdoch’s 21st Century Fox has raised its offer for Britain’s Sky in an agreed deal valuing the pay-TV group at $32.5 billion, seeing off rival […]
July 11, 2018

U.S. threat of more tariffs on China hits yuan, Aussie

The Chinese yuan skidded toward an 11-month low and the Australian dollar fell on Wednesday after the Trump administration threatened 10 percent tariffs on $200 billion […]
July 11, 2018

U.S. ratchets up China trade war, threatens tariffs on $200 billion of goods

The Trump administration raised the stakes in its trade dispute with China on Tuesday, saying it would slap 10 percent tariffs on an extra $200 billion […]
July 11, 2018

Exclusive: JD.com’s finance unit raises $2 billion, doubles valuation – sources

JD.com Inc’s finance arm has raised at least 13 billion yuan ($1.96 billion) in fresh equity from Chinese investors, doubling its valuation ahead of an expected […]
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