July 6, 2018

Instant View: U.S. triggers China tariffs, fuels fears of escalating trade war

The United States and China slapped tit-for-tat duties on $34 billion worth of each other’s imports on Friday, with Beijing accusing Washington of triggering the “largest-scale […]
July 6, 2018

China blames U.S. for ‘largest-scale trade war’ as tariffs kick in

The United States and China slapped tit-for-tat duties on $34 billion worth of each other’s imports on Friday, with Beijing accusing Washington of triggering the “largest-scale […]
July 6, 2018

Venezuela’s domestic airline industry suffers amid economic crisis

Venezuela’s domestic airline industry is struggling to maintain operations due to hyperinflation and shortages of spare parts, according to an industry association, making it increasingly hard […]
July 6, 2018

Oil slips below $77, weighed down by Saudi output boost, trade tensions

Oil slipped below $77 a barrel on Friday, under pressure as higher Saudi production and trade tensions between the United States and China offset support from […]
July 6, 2018

Wall Street edges higher as strong jobs data offsets trade worries

U.S. stocks edged higher on Friday on stronger-than-expected job growth in June, offsetting concerns from a trade war between the United States and China. Powered by […]
July 6, 2018

Dollar falls after U.S. nonfarm payrolls report, tariffs kick in

The dollar hit three-week lows on Friday after data showed the U.S. economy created more jobs than expected in June, but a closely-watched inflation gauge – […]
July 6, 2018

Dollar weakens as U.S. tariffs kick in; U.S. jobs data eyed

The dollar fell on Friday as the United States and China slapped tariffs on the other’s imports, but a muted reaction in currency markets suggested the […]
July 6, 2018

Airbus upbeat on prospect for A400M export contract this year

Airbus said on Friday it was optimistic it could sign a first export contract for its troubled multi-nation A400M military transport plane this year, and expressed […]
July 6, 2018

Trump’s $500 billion trade threat makes China’s already battered investors shiver

Six months of wrangling over trade tariffs with the United States has wiped out about a fifth of China’s stock market value and driven its currency […]
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