newszine

Asian shares steady after steep losses; Saudi comments lift oil

3 hours ago DieselGasoil Comments Off on Asian shares steady after steep losses; Saudi comments lift oil
SHANGHAI (Reuters) – Share markets in Asia got off to a steady start on Monday as investors tried to catch their breath following another week of escalating trade tensions between the United States and China. FILE PHOTO: A man looks at an electronic board showing the Nikkei stock index outside a brokerage in Tokyo, Japan, Read More

Huawei has long been ready for US ban & won’t bow to pressure, CEO says

19 hours ago DieselGasoil Comments Off on Huawei has long been ready for US ban & won’t bow to pressure, CEO says
US restrictions won’t hurt Chinese telecom giant Huawei much, as it has long been prepared for it, CEO Ren Zhengfei stated, adding that the firm has no intention of changing its activities on the US’ request. “We have already been preparing for this,” the founder of Shenzhen-based Huawei Technologies said, as cited by Nikkei in Read More

Huawei founder says growth ‘may slow, but only slightly’ after U.S. restrictions

1 day ago DieselGasoil Comments Off on Huawei founder says growth ‘may slow, but only slightly’ after U.S. restrictions
(Reuters) – Huawei Technologies’ founder and chief executive Ren Zhengfei said on Saturday the growth of the Chinese tech giant “may slow, but only slightly” due to recent U.S. restrictions. FILE PHOTO: The logo of Huawei is seen at the high profile startups and high tech leaders gathering, Viva Tech,in Paris, France May 16, 2019. Read More

Nissan retains Saikawa as CEO, in likely rebuff of Renault

3 days ago DieselGasoil Comments Off on Nissan retains Saikawa as CEO, in likely rebuff of Renault
TOKYO (Reuters) – Nissan Motor Co said on Friday that Hiroto Saikawa would stay on as chief executive, backing the protege of former boss Carlos Ghosn even as top shareholder Renault had earlier pushed for a change in the Japanese automaker’s leadership. FILE PHOTO: Nissan CEO Hiroto Saikawa attends a news conference in Yokohama, Japan, Read More

Shares swoon as Beijing ramps up war of words

3 days ago DieselGasoil Comments Off on Shares swoon as Beijing ramps up war of words
LONDON (Reuters) – World share markets suffered a fresh bout of risk aversion on Friday after tough words on trade from China, while bets on a new pro-Brexit leader in Britain whipped the pound towards its worst week since October. FILE PHOTO: People walk through the lobby of the London Stock Exchange in London, Britain Read More

Nissan says Saikawa retained as CEO, putting focus on Renault ties

3 days ago DieselGasoil Comments Off on Nissan says Saikawa retained as CEO, putting focus on Renault ties
TOKYO (Reuters) – Nissan Motor Co said on Friday that Hiroto Saikawa would stay on as chief executive, backing the protege of former boss Carlos Ghosn even as top shareholder Renault pushed for a change in the Japanese automaker’s leadership. FILE PHOTO: Nissan CEO Hiroto Saikawa attends a news conference in Yokohama, Japan, May 14, Read More

Asia shares shudder as Beijing talks tough

3 days ago DieselGasoil Comments Off on Asia shares shudder as Beijing talks tough
SYDNEY (Reuters) – Asian shares suffered a fresh bout of the shakes on Friday as tough words on trade from China’s media drowned out upbeat news on the U.S. economy and corporate earnings. FILE PHOTO: People walk in front of a board displaying stock indexes in Tokyo April 22, 2015. REUTERS/Thomas Peter/File Photo Shanghai stocks Read More

Asia shares slip as U.S. sanctions on Huawei threaten fresh tensions with China

4 days ago DieselGasoil Comments Off on Asia shares slip as U.S. sanctions on Huawei threaten fresh tensions with China
TOKYO (Reuters) – Asian shares struggled to find their footing on Thursday as confidence was shaken after the U.S. government hit Chinese telecoms giant Huawei with severe sanctions, threatening to further strain Sino-U.S. trade ties. FILE PHOTO: Market prices are reflected in a glass window at the Tokyo Stock Exchange (TSE) in Tokyo, Japan, February Read More

Asian shares fall after U.S. blacklists China’s Huawei

4 days ago DieselGasoil Comments Off on Asian shares fall after U.S. blacklists China’s Huawei
TOKYO (Reuters) – Asian shares fell on Thursday after the United States hit Chinese telecoms giant Huawei with severe sanctions, threatening FILE PHOTO: Market prices are reflected in a glass window at the Tokyo Stock Exchange (TSE) in Tokyo, Japan, February 6, 2018. REUTERS/Toru Hanai/File Photo to further strain Sino-U.S. trade ties. MSCI’s broadest index Read More

Asian shares win reprieve as Trump seen delaying auto tariffs

4 days ago DieselGasoil Comments Off on Asian shares win reprieve as Trump seen delaying auto tariffs
TOKYO (Reuters) – Asian shares steadied on Thursday on news that U.S. President Donald Trump is planning to delay tariffs on auto imports, providing much needed relief to markets hit by a flare-up in trade tensions and on weak U.S. and Chinese economic data. FILE PHOTO: Market prices are reflected in a glass window at Read More