SHANGHAI, – China stocks dipped on Wednesday as many traders were reluctant to take fresh positions ahead of the long Labour Day holiday, while data showed new export orders plummeted due to aggressive U.S. tariffs. ** But the Hong Kong market rose slightly, aided by a jump in tech stocks, and a rebound in property…
British semiconductor company Alphawave IP Group on Tuesday said the UK takeover panel has extended the deadline for a takeover offer by US chipmaker Qualcomm to May 12. Alphawave said it is in discussions with Qualcomm and, accordingly, agreed to extend the previous deadline of April 29 for the U.S. chipmaker to make a formal…
A look at what happened in the US government this week Updated: 10:03 PM EDT Apr 11, 2025 President Donald Trump rolled back his tariffs against most of the world while increasing them against China, the financial markets had one of the most chaotic and historic weeks in history, more high-profile court cases against the…
Chinese President Xi Jinping issued his first public response to sweeping U.S. tariffs, warning that Washington’s “unilateral bullying” could lead to its own global isolation. Speaking alongside Spanish Prime Minister Pedro Sanchez in Beijing, Xi called on the EU to join forces with China, urging unity against U.S. economic pressure. The U.S. under President Donald…
BEIJING – President Xi Jinping has put emphasis on creating a community with a shared future with China’s neighboring countries and striving to open new ground for its neighborhood work. President Xi made the comments at a central conference on work related to neighboring countries, which was held in the Chinese capital, Beijing, from April…
In response to former U.S. President Donald Trump’s aggressive tariffpolicies on Chinese and Vietnamese imports, global tech giants Apple andSamsung are steadily shifting their manufacturing base to India. The move isseen as a strategic pivot to minimize reliance on China and maintain a competitiveedge in the American market. The “Make in India” initiative is gaining…
President Donald Trump has denied that he intended to crash the stock market after he previously posted a video on Truth Social about him crashing the market on purpose. The president addressed the matter while aboard Air Force One, during a press gaggle with reporters as he returned to Washington, D.C., after playing golf all…
Apr 02, 2025 09:55 AM IST CHINA-STOCKS/MIDDAY:China and Hong Kong stocks rise ahead of US tariff announcement SHANGHAI, – China and Hong Kong stocks edged up on Wednesday, buoyed by tech shares, as markets awaited U.S. President Donald Trump’s new reciprocal tariffs on global trading partners. China and Hong Kong stocks rise ahead of US…
President Donald Trump addressed “rising worries” that his policies—particularly his lack of clarity on tariffs—may lead to a recession during an appearance on Fox News‘ Sunday Morning Futures with Maria Bartiromo. Why It Matters In last year’s presidential election, voters handed Trump a second term largely due to concerns over inflation and economic instability. Trump…
washington — President Donald Trump’s 25% tariff on imports from Mexico and Canada, scheduled to kick in Tuesday, will affect not only those two countries but also will have direct implications on Chinese companies. The Hofusan Industrial Park is a complex about 20 km north of Monterrey, Mexico, and a 2.5-hour drive to the U.S….