Oil futures rose Monday, on track to end August on an upbeat note after data showed a stronger-than-expected pickup in China’s service sector. “The move follows moderate week-on-week gains during last week’s trading, with continued improvement to global demand levels combining with a weaker dollar and ongoing supply cuts to …
Read More »Europe Markets: European stocks and Dow futures rise as U.S. and China report positive trade talks
In this July 31, 2019, file photo U.S. Trade Representative Robert Lighthizer, center, gestures as he chats with Chinese Vice Premier Liu He, at right with Treasury Secretary Steven Mnuchin, left, looking on after posing for a family photo at the Xijiao Conference Center in Shanghai. U.S. and Chinese trade …
Read More »China flexes its muscles in Hong Kong with arrest of pro-democracy media tycoon Jimmy Lai
More than 200 police raided on Monday the offices of Apple Daily, the antigovernment Hong Kong paper, and detained its tycoon owner Jimmy Lai, in the first high-profile arrest under the new national security law forced upon the territory by Beijing to quell pro-democracy demonstrations. – Authorities also arrested six …
Read More »Associated Press: China protests as U.S. rejects its South China Sea claims
This aerial file photo taken on January 2, 2017 shows a Chinese Navy formation, including the aircraft carrier Liaoning (C), during military drills in the South China Sea. str/Agence France-Presse/Getty Images BEIJING (AP) — China on Tuesday described a U.S. rejection of its maritime claims in the South China Sea …
Read More »Asia Markets: Nikkei rises, but Hong Kong shares slip as tensions with China heat up
Asian shares traded mostly higher on Monday, with Tokyo stocks gaining on expectations that a pandemic state of emergency will be lifted for all of Japan. But shares fell in Hong Kong on Monday after police used tear gas to quell weekend protests over a proposed national security bill for …
Read More »Europe Markets: European stocks tumble as China tightens its grip on Hong Kong
European stocks fell on Friday, with investors spooked by news that China will tighten control over Hong Kong with a new security law, sparking fears of fresh unrest and an added stress on Beijing and Washington relations. The Stoxx Europe 600 index SXXP, -0.73% fell 1.3% to 335.82 after a …
Read More »China risk has reemerged in the U.S. stock market — here’s how events may play out
Amid a debate about stock market investors underestimating the risks from the coronavirus-led shutdown of the global economy, China risk is reemerging. How the U.S. responds may determine the direction of the stock market. The U.S. has long contended that Chinese telecommunications-equipment maker Huawei Technologies is a risk to national …
Read More »Agence France-Presse: U.S. says China trying to steal COVID-19 vaccine
US authorities warned Wednesday that Chinese hackers were attempting to steal coronavirus data on treatments and vaccines, adding fuel to Washington’s war with Beijing over the pandemic. The FBI and the Cybersecurity and Infrastructure Security Agency (CISA) said organizations researching COVID-19 were at risk of “targeting and network compromise” by …
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