Asian shares hit a 7-month high, China's yuan jumped and safe-harbor assets slipped on Tuesday, amid signs of goodwill between China and the United States, as the world's two biggest economies prepared to sign a truce in their trade war.
The U.S. Treasury Department on Monday dropped its designation of China as a currency manipulator days before top officials of the world's two largest economies were due to sign a preliminary trade agreement to ease an 18-month-old tariff war.
Visa Inc said on Monday it agreed to buy privately held software startup Plaid Inc in a $5.3 billion deal that will boost the payments giant's access to the booming financial technology space.
Asian share markets rose on Tuesday and safe-haven assets slid as signs of goodwill between China and the United States supported optimism for global growth, with the world's two biggest economies preparing to formalize a trade-war truce.
Apple Inc on Monday said it rejects "the characterization that Apple has not provided substantive assistance" in the investigation into a shooting in Pensacola, Florida, last month.
State-owned oil company Saudi Aramco said on Sunday it has exercised its "greenshoe option" to sell an additional 450 million shares, raising the size of its initial public offering (IPO) to a record $29.4 billion.
Asian shares paused near 19-month peaks on Monday ahead of the expected signing on a Sino-U.S. trade deal, though talks on a phase two package are likely to drag on for months.
Oil prices edged down on Monday as fears of conflict between the United States and Iran eased, although the decline was checked by the planned signing of an initial U.S.-China trade deal this week, which could boost demand.
Ford Motor Co said on Monday that its China vehicle sales in 2019 fell 26.1% from a year earlier to 567,854 units, as the U.S. automaker continues to battle a prolonged sales decline in its second-biggest market.
AiThority | Sudipto Ghosh | Jan 7, 2020 The People’s Republic of China has officially bestowed legitimacy to Blockchain and Cryptography. The country’s enchanted Blockchain industry will now be regulated as per China’s Password Law. The world’s first Password Law has come into effect on 1 January 2020, following the Chinese government’s initiative to regulate
China's commitments in the Phase 1 trade deal with the United States were not changed during a lengthy translation process and will be released this week as the document is signed in Washington, U.S. Treasury Secretary Steven Mnuchin said on Sunday.
A delegation of U.S. officials will arrive in Britain on Monday to try to persuade Britain not to use Huawei equipment in the upgrade of its telecoms network, two people with knowledge of the matter said on Sunday.
The Peugeot family, which will own a 6.2% stake in the new carmaker resulting from PSA and Fiat Chrysler's merger, aims to increase its holding as soon as possible, a representative said in a newspaper interview.
Websites Debt Free Guys and Frügayity aim to help LGBTQ Americans take stock of their finance lives and empower themselves to best money roadblocks.
As major U.S. corporations prepare to close the books on a lackluster year of profit growth, they may need to shore up confidence that 2020 will show significant improvement to keep the stock market's rally going.