May 22, 2019

China says opposes U.S. trying to smear Chinese firms

China’s Foreign Ministry said on Wednesday that China opposes the United States smearing Chinese companies, after media reports that the U.S. administration is considering Huawei-like sanctions […]
May 22, 2019

In Fed policy review, labor may finally win out over inflation

At 2.3 percent, Minneapolis’ jobless rate seems impossibly low, even with national unemployment at a 50-year trough. Powered by WPeMatico
May 22, 2019

Oil prices drop on swelling U.S. stockpiles, but markets remain tense

Oil prices fell on Wednesday after industry data showed an increase in U.S. crude inventories and as Saudi Arabia pledged to keep markets balanced. Powered by […]
May 22, 2019

Fed may cut rates if inflation keeps disappointing: Bullard

Further weakness in inflation could prompt the U.S. Federal Reserve to cut interest rates, even if economic growth maintains its momentum, James Bullard, President of the […]
May 22, 2019

U.S. could blacklist Chinese surveillance tech firm Hikvision: NYT

The U.S. administration is considering limits to Chinese video surveillance firm Hikvision’s ability to buy U.S. technology, the New York Times reported on Tuesday, deepening worries […]
May 22, 2019

Shares in China’s Hikvision slump after report of U.S. blacklisting

Shenzhen-listed shares in Chinese video surveillance firm Hikvision Digital Technology Co Ltd opened 10% lower on Wednesday after reports that the U.S. may blacklist the firm. […]
May 21, 2019

China ready for further U.S. trade talks, ambassador says

Chinese Ambassador to the United States Cui Tiankai said on Tuesday that Beijing was ready to resume trade talks with Washington, but blamed the U.S. side […]
May 21, 2019

Nordstrom first quarter results disappoint, cuts 2019 forecast

Nordstrom Inc on Tuesday cut its forecast for full-year sales and profit after reporting lackluster first-quarter results, blaming softer trends and “executional issues” related to its […]
May 21, 2019

Global stocks rally as U.S. eases Huawei restrictions

The dollar rose and global equity markets advanced on Tuesday, led by chipmakers and companies exposed to Asia, after the United States temporarily eased trade restrictions […]
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