If the Trump administration wins some concessions from China in the latest trade dispute, it could be a boost to U.S.-based multinationals. “The upside could be big because business as usual wasn’t getting the job done in opening up the market in China,” said Daniel Rosen, founder and China director of research and consulting firm […]

Shares slump almost 50% as investors fret over firm’s outlook U.S. actions may have ‘materially adverse’ impact on company The giant aluminum producer owned by Russian billionaire Oleg Deripaska plunged 50 percent in Hong Kong trading after U.S. sanctions cast doubt on the future of the company’s banking and trading relationships. Prices of the metal, vital for […]

The U.N. secretary-general and the Singaporean foreign minister voiced concerns about global trade tensions and rising protectionism during back-to-back meetings in Beijing on Sunday. Following remarks from his Chinese counterpart, Singaporean Foreign Minister Vivian Balakrishnan vowed to “double-down” on free trade and economic liberalization in tandem with China. “This is a time in the world […]

Stocks tumbled Friday as trade tensions between the United States and China heated up. The Dow closed down 572 points, a drop of 2.3%, after President Trump threatened to escalate a confrontation with China over trade. It fell as much as 767 points earlier in the day. The S&P 500 and the Nasdaq each declined […]

NEW YORK (Reuters) – Crude prices and global equity markets fell on Friday after U.S. President Donald Trump upped the ante in a trade dispute with China that added to investor jitters about the potential impact the heated rhetoric may have on the world economy. MSCI’s gauge of worldwide stock indexes fell 0.65 percent, and […]

The Dow on Wednesday rebounded from a more than 500-point plunge to close 231 points higher in another rocky trading day, as Wall Street bet that tariff threats and tough talk on trade from China and the Trump administration was likely a negotiating tactic and that the sides would eventually reach a deal to avoid a trade war. The Dow Jones […]

The Trump administration published a list Tuesday of Chinese exports that could soon be subject to a steep 25 percent tariff. The list covers some $50 billion worth of Chinese goods in sectors such as aerospace, robotics, IT and machinery. President Trump directed his trade advisers to develop the list last month, as a way to punish China for […]

* Tariff exemptions talks in coming weeks, NAFTA round due * May 1 deadline set for metal tariffs exemptions * Japan tankan, euro zone inflation, U.S. jobs data due BRUSSELS, March 29 (Reuters) – A full-scale global trade war has not broken out yet – but that hasn’t stopped the market from fretting about one […]

NEW YORK (Reuters) – The dollar slid on Monday as China raised tariffs on U.S. goods in an escalating spat between the world’s two biggest economies, and stocks on Wall Street tumbled, led by a rout in technology shares, after U.S. President Donald Trump again attacked Amazon.com. China bumped up tariffs by as much as […]

This is based on a survey of 1,000 students that did not include any questions about the amount they invested — many could be buying small amounts. It’s also important to note that the survey didn’t appear to ask about the students’ motivation for buying cryptocurrencies. The students could actually have been using the digital […]