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Updated: 16 hours 48 min ago

U.S.-China trade deal touts financial sector wins, but there's a sense of deja vu

Thu, 01/16/2020 - 04:27
The long-awaited U.S.-China trade deal unveiled on Wednesday touted new wins for U.S. companies looking to access China's $40 trillion (31 trillion pounds) financial market, but many of the changes were already in the works even before the trade war ignited.

Trump takes time in China deal signing to lament his Fed chair pick, again

Thu, 01/16/2020 - 04:27
A funny thing happened on the way to the U.S.-China trade deal signing: President Donald Trump may have tipped his next pick for head of the Federal Reserve -- if he gets the chance.

Malaysia Airlines suspends taking delivery of Boeing 737 MAX jets due to grounding

Wed, 01/15/2020 - 10:40
Malaysia Airlines said on Wednesday it has suspended taking delivery of 25 Boeing Co 737 MAX jets, citing the plane's delayed return to service since it was grounded last year following two fatal crashes.

U.S. to maintain tariffs on Chinese goods until Phase 2 deal - Mnuchin

Wed, 01/15/2020 - 10:37
The United States will maintain tariffs on Chinese goods until the completion of a second phase of a U.S.-China trade agreement, U.S. Treasury Secretary Steven Mnuchin said on Tuesday, a day before the two sides are to sign an interim deal.

Oil drops on concerns that U.S.-China trade deal may not stoke demand

Wed, 01/15/2020 - 10:15
Oil prices slipped on Wednesday on concerns that the pending Phase 1 trade deal between the United States and China, the world's biggest oil users, may not boost demand as the U.S. intends to keep tariffs on Chinese goods until a second phase.

Gold gains as investors doubt impact of U.S.-China Phase 1 deal

Wed, 01/15/2020 - 10:13
Gold prices rose on Wednesday as investors sought safer assets amid uncertainty about the effectiveness of the U.S.-China Phase 1 trade deal after a top U.S. official said tariffs on Chinese goods would stay in place even after the agreement is signed.

Sensex, Nifty slip on U.S.-China trade deal worries

Wed, 01/15/2020 - 10:03
Indian shares eased on Wednesday from record highs hit in the previous session, as comments by a top U.S. official that tariffs on China would remain in place for now turned investors cautious ahead of the signing of an initial trade deal.

Ghosn says French envoy told him Nissan was turning against him

Wed, 01/15/2020 - 09:51
Former Nissan chairman Carlos Ghosn, speaking in Beirut after his dramatic escape from Japanese justice, said on Tuesday that the French ambassador had warned him shortly after his arrest that his own company was plotting against him.

Singapore launches new fund framework to bolster finance industry

Wed, 01/15/2020 - 09:34
Singapore launched a new corporate structure for investment funds with 20 so-called Variable Capital Companies (VCC) on Wednesday, a scheme designed to attract more funds to base themselves in the Asian city-state.

Ghosn says French envoy told him Nissan was turning against him

Wed, 01/15/2020 - 09:31
Former Nissan chairman Carlos Ghosn, speaking in Beirut after his dramatic escape from Japanese justice, said on Tuesday that the French ambassador had warned him shortly after his arrest that his own company was plotting against him.

Exclusive: 'I'm happy he did it' - in Beirut, wife of fugitive Ghosn slams Japanese justice

Wed, 01/15/2020 - 09:31
Carlos and Carole Ghosn, the former first couple of carmaker Nissan, are united again in Beirut. They hold hands in the street and whisper together in a mix of Arabic and French. They kiss.

China central bank injects $58 billion of loans but keeps rates steady

Wed, 01/15/2020 - 09:17
China's central bank extended fresh short- and medium-term loans on Wednesday but kept the borrowing cost unchanged, as it seeks to maintain adequate liquidity in a slowing economy and ease a potential crunch ahead of the Lunar New Year.

Stocks slip ahead of U.S.-China trade deal signing

Wed, 01/15/2020 - 09:08
Stocks slipped in Asian trade on Wednesday as investors awaited the signing of an initial U.S.-China trade deal, with sentiment somewhat dented by comments from the U.S. Treasury Secretary that tariffs would remain in place for now.

Stocks slip ahead of U.S.-China trade deal signing

Wed, 01/15/2020 - 09:02
Stocks slipped in Asian trade on Wednesday as investors awaited the signing of an initial U.S.-China trade deal, with sentiment somewhat dented by comments from the U.S. Treasury Secretary that tariffs would remain in place for now.

China to ramp up U.S. buys under trade deal, but skeptics question targets

Wed, 01/15/2020 - 08:26
China has pledged to buy almost $80 billion of additional manufactured goods from the United States over the next two years as part of a trade war truce, according to a source, though some U.S. trade experts call it an unrealistic target.

Documents to show U.S.-China trade deal fully enforceable - Mnuchin

Wed, 01/15/2020 - 07:47
Documents to be released Wednesday will show skeptics that a Phase 1 U.S.-China trade agreement will be fully enforceable, including a pledge by China to refrain from manipulating its currency, U.S. Treasury Secretary Steven Mnuchin said Tuesday.

U.S. to maintain tariffs on Chinese goods until Phase 2 deal - Mnuchin

Wed, 01/15/2020 - 07:28
The United States will maintain tariffs on Chinese goods until the completion of a second phase of a U.S.-China trade agreement, U.S. Treasury Secretary Steven Mnuchin said on Tuesday, a day before the two sides are to sign an interim deal.

Documents to show U.S.-China trade deal fully enforceable - Mnuchin

Wed, 01/15/2020 - 07:28
Documents to be released Wednesday will show skeptics that a Phase 1 U.S.-China trade agreement will be fully enforceable, including a pledge by China to refrain from manipulating its currency, U.S. Treasury Secretary Steven Mnuchin said Tuesday.

Trump administration moves closer to rolling back U.S. vehicle fuel economy increases

Wed, 01/15/2020 - 06:43
New rules enacting President Donald Trump's reductions in fuel efficiency standards for new vehicles through 2026 moved closer to reality on Tuesday when U.S. agencies sent proposals to the White House for final review.

F-35 logistics system to be reinvented and renamed, official says

Wed, 01/15/2020 - 05:54
The computer-based logistics system of the F-35 stealth fighter jet made by Lockheed Martin , which has been plagued by delays, will be replaced by another network made by the same company, a Pentagon official said on Tuesday.

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