Tag: US economy

  • US bank gains help lift share markets

    by levent

    Three of the biggest US banks reported strong profits on Friday, helping to lift US share markets after several days of steep declines. The Dow Jones Industrial Average and S&P 500 closed up more than 1%, while the Nasdaq leapt nearly 2.3%. The increases followed a rise on global markets. The gains at JP Morgan […]

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  • US-China trade war: China to respond ‘resolutely’

    by levent

    China will continue to hit back against the US if more tariffs are imposed, the country’s finance minster has said. In an interview with Reuters, Liu Kun said China would respond “resolutely” to the “unreasonable” US measures. On Thursday, the US imposed a second wave of tariffs on Chinese goodsworth $16bn (£12.4bn), and China immediately […]

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