WASHINGTON – U.S. President Donald Trump on Tuesday floated a plan to fine ZTE Corp (000063.SZ) (0763.HK) and shake up its management as his administration considered rolling back more severe penalties that have crippled the Chinese telecommunications company. Trump’s proposal ran into immediate resistance in Congress, where Republicans and Democrats accused the president of bending […]

WASHINGTON – U.S. and Canadian state securities regulators announced Monday they have launched dozens of investigations into cryptocurrency scams. The North American Securities Administrators Association announced the wide-ranging series of probes on Monday, dubbed “Operation Crypto-Sweep.” The investigations, some of which have already concluded, are aimed at unregistered securities offerings and initial coin offerings that […]

WASHINGTON  – The U.S. trade war with China is “on hold” after the world’s largest economies agreed to drop their tariff threats while they work on a wider trade agreement, U.S. Treasury Secretary Steven Mnuchin said on Sunday. Mnuchin and U.S. President Donald Trump’s top economic adviser, Larry Kudlow, said the agreement reached by Chinese […]

WASHINGTON  – China has agreed to significantly increase its purchases of U.S. goods and services, the two countries said on Saturday, but made no mention of a $200 billion target the White House had touted earlier. Beijing and Washington agreed they would keep talking about measures under which China would import more energy and agricultural […]

WASHINGTON  – President Donald Trump has personally pushed the postmaster general to double the rates the U.S. Postal Service charges Amazon.com and other companies to ship packages, the Washington Post reported on Friday, citing three unnamed sources. Postmaster General Megan Brennan resisted Trump’s suggestion in private conversations in 2017 and 2018, telling him that package […]

Trump, speaking to reporters at the White House, said China had “ripped off” the United States for too long and that he told Chinese President Xi Jinping that “we just can’t do that anymore.” But he praised the efforts of U.S. and Chinese officials to try to rebalance the relationship through trade talks. “Will that […]

If you’re not an oil analyst, the oil market may seem like a lot to keep up with. Most investors follow either West Texas Intermediate or Brent crude prices. Oil prices are influenced by three major factors: supply, demand and geopolitics President Donald Trump recently made headlines for pulling out of the Iran nuclear deal. Speculation about what would […]

SAN FRANCISCO – Twitter Inc (TWTR.N) on Tuesday revised its strategy for fighting abusive internet “trolls,” saying it would use behavioral signals to identify harassers on the social network and then limit the visibility of their tweets. San Francisco-based Twitter, known for freewheeling discussions since it was founded in 2006, has been trying to rid […]

U.S. stocks rose on Monday on signs of easing trade tensions between the United States and China after President Donald Trump softened his stance on Chinese technology company ZTE Corp. Trump on Sunday pledged to help ZTE (000063.SZ) “get back into business, fast” nearly a month after the United States banned American companies from selling […]

A Curacao court has authorized ConocoPhillips (COP.N) to seize about $636 million in assets belonging to Venezuela’s state oil company PDVSA due to the 2007 nationalization of the U.S. oil major’s projects in Venezuela. The legal action was the latest in the Caribbean to enforce a $2 billion arbitration award by the International Chamber of […]