Trump signs off on tariff deal with China: Bloomberg News
U.S. President Donald Trump on Thursday signed off on a trade deal with China that would delay a new round of tariffs that was to be put in place on Dec. 15, Bloomberg News reported.
U.S. President Donald Trump on Thursday signed off on a trade deal with China that would delay a new round of tariffs that was to be put in place on Dec. 15, Bloomberg News reported.
MSCI's global stock index hit a record high on Thursday and the U.S. dollar gained along with U.S. Treasury yields after reports the United States has reached in principle a "phase one" trade deal with China.
Wall Street's main indexes hit record highs on Thursday following news that the United States had reached a "deal in principle" with China to resolve a trade war that has rattled markets for nearly two years.
Facebook said on Thursday it committed an initial $130 million to fund an independent oversight board, but said it would not announce its members this year, as originally expected.
The head of the U.S. FAA told Boeing Co's chief executive on Thursday the U.S. planemaker should focus on the quality and timeliness of data submittals for FAA review, according to an email from an FAA official to U.S. lawmakers seen by Reuters.
American Airlines Group Inc will extend cancellations of Boeing Co 737 MAX flights through April 6, it said on Thursday, a day after the U.S. Federal Aviation Administration said it would not approve the plane's return to service before January.
Qantas Airways Ltd said on Friday is has chosen Airbus SE as preferred supplier for jets capable of the world's longest commercial flights from Sydney to London, beating rival Boeing Co after a hard-fought contest.
The White House has agreed to suspend some tariffs on Chinese goods and reduce others in return for Beijing's pledge to hike purchases of U.S. farm products in 2020, sources said on Thursday, taking a step towards de-escalating the trade war between the world's two biggest economies.
Broadcom Inc's fourth-quarter earnings beat Street estimates on Thursday, but investors were put off by slowing growth in semiconductor business and a lukewarm revenue forecast for 2020, sending its shares down about 2% in extended trade.
The United States has agreed to reduce some tariffs on Chinese goods and delay a tranche of tariffs that were slated to go into effect on Dec. 15 as part of a trade deal between the two economic giants, a U.S. source familiar with the situation said on Thursday.
Asian share markets jumped on Friday as a last-gasp Sino-U.S. trade deal and a likely major election win by Britain's Conservative Party looked to have cleared a couple of dark clouds from the global horizon.
Oil prices extended gains on Friday, scaling three-month highs as the United States and China moved closer to a resolution to the 18-month trade war between the world's two biggest economies that has raised big questions about global demand for crude.
When China's top legislature criticized a Hong Kong court's rejection of a face mask ban there, some global firms began to fear the potential for mainland interference in commercial contracts, lawyers and finance executives said.
Asian shares scaled eight-month peaks on Friday as a last-gasp Sino-U.S. trade deal and a likely major election win by Britain's Conservative Party looked to have cleared a couple of dark clouds from the global horizon.
Asian shares scaled eight-month peaks on Friday as a last-gasp Sino-U.S. trade deal and a likely major election win by Britain's Conservative Party cleared a couple of dark clouds from the global horizon.