As the setting sun glinted off the skyscrapers in Hong Kong’s financial district, a huge video screen on top of one of the soaring towers projected a slogan celebrating the fifth anniversary of the city’s national security law. It was a visual reminder of how Beijing has stamped its mark onto the heart of an…
The clock is running out on key trade deadlines, but investors have resigned themselves to negotiations that will likely continue over the long haul as equities trade at all-time highs. The 90-day reprieve from President Donald Trump’s “reciprocal” tariffs on most U.S. trading partners ends on Tuesday. The deadline for the U.S. and the European…
NEW YORK (AP) — U.S. stocks are climbing further into record heights on Thursday after a report showed the U.S. job market looks stronger than Wall Street expected. The S&P 500 was up 0.8% in midday trading and on track to set an all-time high for the fourth time in five days. The Dow Jones…
Check out the companies making headlines in premarket trading. Synopsys , Cadence Design Systems — Shares of the Silicon Valley chip designers rallied more than 5% and 6%, respectively. The U.S. government lifted restrictions on exporting chip-design software to China, according to announcements from companies in the industry. Datadog — The cloud monitoring provider surged…
The FTSE 100 nosed back above 8,800 points this morning, gilt yields fell and the pound recovered some of its losses from yesterday’s flash sell-off. London’s premier index was up 33 points in morning trading, led by a 2.6 per cent rebound for Convatec, the wound-care specialist whose core US market has been rattled by…
Republican opposition to the GOP’s “big, beautiful” reconciliation bill appeared to be softening Wednesday night after President Donald Trump and White House budget director Russ Vought spent hours meeting with party holdouts during procedural votes that party leaders held open. House leaders have no desire to change the contents of the Senate-passed bill, which would…
Apple’s largest iPhone producer, Foxconn, reportedly ordered over 300 of its India-based Chinese workers to return to China, but for unspecified reasons. Foxconn manufactures more than 70% of Apple’s iPhones and now leaves a staffing shortage. File Photo by Keizo Mori/UPI | License Photo July 2 (UPI) — Apple’s largest iPhone producer has reportedly ordered…
WASHINGTON — President Donald Trump announced a trade deal with Vietnam Wednesday that would allow U.S. goods to enter the country duty-free. What You Need To Know President Donald Trump announced a trade deal with Vietnam Wednesday that would allow U.S. goods to enter the country duty-free Vietnamese exports to the United States, by contrast,…
Tesla reported a sharper-than-expected fall in second-quarter deliveries, as intense competition and a backlash against Elon Musk’s political activities hit global demand for its aging electric-vehicle lineup. Tesla said it delivered 384,122 vehicles globally in the second quarter, down 13.5 per cent from 443,956 units a year ago. Analysts expected Tesla to report deliveries of…
A U.S. judge has ruled that China’s Huawei Technologies, a leading telecoms equipment company, must face criminal charges in a wide reaching case alleging it stole technology and engaged in racketeering, wire and bank fraud and other crimes BANGKOK — A U.S. judge has ruled that China’s Huawei Technologies, a leading telecoms equipment company, must…