United States

Wednesday, May 8th 2019 - 09:25 UTC
China opening its mutual fund business to a foreign majority stake: JPMorgan could be the first

JPMorgan could become the first foreign company to own a majority stake in its Chinese mutual fund business, after its joint venture partner put a crucial 2% of the business up for sale that analysts expect the Wall Street bank to lap up.
Wednesday, May 8th 2019 - 09:14 UTC
Extradition hearings for Huawei's owner daughter complicates US/China/Canada dealings

Huawei Technologies' chief financial officer is set to return to a Vancouver courtroom this Wednesday ahead of planned extradition hearings as deteriorating relations with China over her arrest exact a growing toll on Canada.
Wednesday, May 8th 2019 - 09:08 UTC
Asian markets plummet on concern over China/US trade deal; Beijing negotiator expected in Washington

A red wave swept across Asia trading floors on Wednesday as investors grow increasingly concerned that the China-US trade deal, which appeared all by ready to sign, could fall through.
Tuesday, May 7th 2019 - 09:47 UTC
Chinese backtrack prompted Trump to announce raising tariffs next Friday

Top US trade officials said on Monday that China had backtracked on previous commitments made in talks, and that this reversal was what prompted President Donald Trump’s earlier announcement that the United States would raise tariffs on billions of Chinese goods next Friday.
Tuesday, May 7th 2019 - 09:15 UTC
US Federal Reserve warns about stock prices and high corporate debt loads

The US central bank warned on Monday of persistent risks to the financial system posed by elevated stock prices and historically high corporate debt loads as well as the impact of President Donald Trump's trade wars.
Tuesday, May 7th 2019 - 08:57 UTC
Bolsonaro insists in being honored in the US: this time possibly in Texas

Brazil's right-wing President Jair Bolsonaro is considering travelling to the United States to be honoured at an event in Texas next week, his spokesman said on Monday, just days after he cancelled a heavily criticized visit to New York City.
Tuesday, May 7th 2019 - 08:48 UTC
Trump will not release his tax returns to Congress, Mnuchin tells House committee

The US Treasury will not hand President Donald Trump's tax returns over to Democratic lawmakers, defying a demand from Congress, US Treasury Secretary Steven Mnuchin said on Monday.
Tuesday, May 7th 2019 - 07:52 UTC
Pence is to announce more incentives for the military to turn against Maduro

US vice-president Mike Pence is set on Tuesday to offer new incentives to Venezuela's military to turn against President Nicolas Maduro, responding to an attempted uprising that fizzled out last week, a senior administration official told Reuters.
Monday, May 6th 2019 - 09:59 UTC
Guaidó considering asking Trump to launch a military intervention in Venezuela

Venezuelan opposition leader Juan Guaidó has said he is considering asking the US to launch a military intervention in the embattled country. Speaking to the BBC's Nick Bryant, he said he would “evaluate all options” to oust President Nicolás Maduro.
Monday, May 6th 2019 - 09:54 UTC
US-China trade talks moving “too slowly” Trump warns and announces a Friday deadline

Donald Trump has said he will raise tariffs on US$ 200bn of Chinese goods because talks on a US-China trade deal are moving “too slowly”. The US president tweeted that tariffs of 10% on certain goods would rise to 25% on Friday, and US$ 325bn of untaxed goods could face 25% duties “shortly”.