China Financial News

27.11 / 04:29

markets UPS Manufacturing Southern country rights Canadian officials blast Trump's tariff threat and one calls Mexico comparison an insult

Canadian officials are blasting President-elect Donald’s Trump’s threat to impose sweeping tariffs

27.11 / 04:29

UPS Target Trade country 2020 Interviews Investigations China is bombarding tech talent with job offers. The West is freaking out.

Subscribe to enjoy similar stories. Executives at Zeiss SMT, which makes indispensable components to build the world’s most powerful semiconductors, got some troubling news last fall. Headhunters from Huawei Technologies, the Chinese tech firm, were trying to poach its employees.

27.11 / 04:29

Citi Manufacturing Fighting President War country peace trump tariffs Mexico suggests it would impose its own tariffs to retaliate against any Trump tariffs

Mexican President Claudia Sheinbaum has suggested Mexico could retaliate with tariffs of its own, after U.S. President-elect Donald Trump threatened to impose 25% tariffs on Mexican goods if the country doesn’t stop the flow of drugs and migrants acros...

27.11 / 04:29

economy DELL Trade Universities reports International Trump fills out his economic team with two veterans of his first administration

President-elect Donald Trump is turning to two officials with experience navigating not only Washington but the key issues of income taxes and tariffs as he fills out his economic team

27.11 / 04:29

markets UPS Ripple DOW How major US stock indexes fared Tuesday, 11/26/2024

U.S. stocks closed at more records after Donald Trump’s latest talk about tariffs created only some ripples on Wall Street

27.11 / 03:51

markets Ripple Remark Election Trade War social Trump wastes no time in reigniting trade wars

Subscribe to enjoy similar stories. Donald Trump has fired the first shot. Goods arriving in America from Canada and Mexico will meet tariffs of 25% as soon as he returns to the White House, the president-elect announced on November 25th.

27.11 / 02:55

COST UPS Ripple economy Trade President country What Trump’s new tariff threats mean for the US economy

Subscribe to enjoy similar stories. The stiff duties that President-elect Donald Trump threatened against the U.S.’s neighbors and big trading partners, along with the additional tariffs he promised against China, could raise prices for Americans on everything from fresh fruit from Mexico to lumber from Canada and Chinese electronics. Import-reliant businesses—especially automobile manufacturers—could face significantly higher costs that they would then pass on to consumers.

27.11 / 02:55

wellness Trade President War country Trump returns to ‘maximum pressure’ as era of Biden alliances ends

Subscribe to enjoy similar stories. WASHINGTON—President-elect Donald Trump’s brandishing of tariffs on goods from Canada, Mexico and China marks the passage from one era to another: Partnerships are out, and coercion is in. Trump is showing his second term will be much like his first, defined by the economic and diplomatic fights he picked with friends as well as foes.

27.11 / 02:51

markets Enterprise Trade President country social Donald Trump selects Kevin Hassett to lead National Economic Council

President-elect Donald Trump picked Kevin Hassett to lead the National Economic Council, a role that puts him at the center of the administration's policy-making discussions from trade to taxes and deregulation.

27.11 / 02:09

markets JPMorgan Analysis wellness Trade Experts shock Emerging markets, caught between economic giants, face tough 2025, JPMorgan says

Emerging markets are in for a tough and uncertain year due to policy shifts in the United States and uncertain growth in China, JPMorgan said in its annual outlook, predicting emerging markets bond funds were in line for sizeable outflows. «EM growth faces significant uncertainty in 2025, caught between two giants — China and the U.S. — with policy changes in the latter potentially delivering a large negative supply shock that will have spillovers across EM,» JPMorgan said on Tuesday.

27.11 / 02:09

markets Strategy economy wellness Trade War country trump tariffs Trump tariffs would harm all involved, US trade partners say

Trump's threat of hefty tariffs on goods would harm the economies of all involved, cause inflation to spike and damage job markets. Trump's pledge announced on Monday roiled currency, bond and equity markets on Tuesday, as the three countries are the United States' largest trading partners. Mexico and Canada are particularly intertwined in U.S. auto production and energy output thanks to decades of trade agreements between the North American neighbors. Trump's plan to impose a 25% tariff on Canadian and Mexican imports on his first day in office does not exempt crude oil as industry executives had hoped, two sources familiar with the plan told Reuters on Tuesday.

27.11 / 02:01

markets Analysis Trade President gatherings Stocks waver, dollar slips with focus on tariffs

Stocks in Asia saw a muted open after Donald Trump’s tariff plan roiled emerging markets in the previous session. Equities opened higher in Sydney, while dipping in Tokyo and Seoul. US equity futures were little changed after the S&P 500 rose for a seventh day to notch its 52nd record this year. A Bloomberg gauge of the dollar slipped 0.1%, paring some of its strength seen on Tuesday that pressured the Mexican peso and Chinese yuan, among others.

27.11 / 02:01

markets Target Analysis Research Trade Experts Bitcoin Major currencies consolidate as market regroups ahead of US inflation measure

The New Zealand dollar rose after the Reserve Bank of New Zealand cut benchmark rates by 50 basis points to 4.25% while noting that inflation had declined to near the mid-point of its targeted range.

27.11 / 00:47

cryptocurrency bitcoin investment cryptocurrency regulations Bitcoin Price Prediction Bitcoin What does the future hold for Bitcoin's $100,000 mark?

Bitcoin was trading at around $30,000, marking a remarkable 300% growth in value. This incredible rally has been driven by a wave of optimism sparked by Donald Trump’s reelection as President of the United States and a staggering $30 billion net inflow into Bitcoin ETFs over the past year. As BTC gets closer to the six-figure mark, the question arises — What happens once BTC hits $100K? There is much more significance to the $100K mark than just being a psychological mark. Given that this mark would trigger many developments in the coming weeks, let's take a closer look at what reaching $100K could mean for Bitcoin and the broader crypto ecosystem.

27.11 / 00:05

markets UPS Election MSCI Trade show FII selling crosses ₹2 trillion in FY25, may cross FY22 record

Subscribe to enjoy similar stories. Investors exiting India have net-sold over ₹2 trillion worth of shares this fiscal, setting the stage for what could be the worst year for foreign portfolio outflows on NSE's secondary market. As US bond yields rose and quarterly earnings disappointed amid lofty valuations, foreign institutional investors (FIIs) net-sold a record ₹1.17 trillion in the secondary market in NSE's cash segment in October.

27.11 / 00:05

COST security Trade country 2020 travelers Why India is not keen on resuming direct flights to China

Subscribe to enjoy similar stories. For Indians looking to travel to the Middle Kingdom, a direct flight is still some distance. Despite cooling hostilities, the Indian security establishment is opposed to direct flights that remain suspended since 2020, two people aware of the matter said, given unresolved national security concerns.

26.11 / 19:21

UPS Fox Manufacturing wellness Trade President country Mexico may retaliate with its own tariffs after Trump threat, new president says

Rep. Eric Burlison, R-Mo., talks President-elect Trumps tariff plans, the DOJ dropping Trumps federal election case and a bill to abolish Americas Bureau of Alcohol, Tobacco, Firearms and Explosives.

26.11 / 18:13

UPS Southern Food Trade War country social trump tariffs Trump Tariffs proposal impact explained: Will Americans end up paying huge extra money?

On Monday, Trump sent shockwaves across the nation's northern and southern borders, vowing sweeping new tariffs on Mexico, Canada, as well as China, as soon as he takes office as part of his effort to crack down on illegal immigration and drugs, AP reported. In a pair of posts on his Truth Social site Trump railed against an influx of illegal migrants, even though southern border apprehensions have been hovering near four-year lows.

26.11 / 18:13

markets COST UPS wellness Trade President Tariff pe tariff to narrow the deficit

Donald Trump's comment this week that one of his first acts after re-entering office would be to impose tariffs on US imports from Mexico, Canada and China. Markets are familiar with the MAGA magus' negotiating tactics from his first term as president. Yet, volatility is unavoidable.

26.11 / 17:27

COST CEO Nov wellness Trade electronic reports Best Buy reports another quarterly sales decline amid pull back on gadget spending

Best Buy on Tuesday reported another quarterly drop in sales as Americans continued to tighten their purse strings on appliances and gadgets to focus on essentials

26.11 / 17:27

Southern Food Trade President War country social Trump’s latest tariff plan aims at multiple countries. What does it mean for the US?

President-elect Donald Trump has identified what he sees as an all-purpose fix for what ails America: Slap huge new tariffs on foreign goods entering the United States

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