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Wall Street week ahead: Trade protection doesn’t have to exclude growth stocks

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(Reuters) – The escalating U.S.-China trade war has sent dividend-rich sectors like utilities higher, but investors don’t need to get all defensive just yet, according to strategists who say there are plenty of growth stocks with some insulation from China. Some investors are seeking safety in domestic U.S. growth stocks ranging from software and online Read More

China’s farm stocks defy Sino-U.S. trade rout on local demand expectations

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SHANGHAI (Reuters) – The fresh escalation in the long-running Sino-U.S. trade dispute prompted a sharp selloff in Chinese markets last week with the yuan and banking and tech stocks hit particularly hard though some sectors, like farming, managed to outperform. FILE PHOTO: Investors look at screens showing stock information at a brokerage house in Shanghai, Read More

Bayer confident of appeals of glyphosate weed killer court defeats: executive

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FILE PHOTO: The logo of Bayer AG is pictured at the facade of the historic headquarters of the German Pharmaceutical and chemical maker in Leverkusen, Germany, May 14, 2019. REUTERS/Wolfgang Rattay/File Photo NEW YORK (Reuters) – Bayer AG is confident its appeals of recent court rulings that its glyphosate weed killer Roundup caused cancer will Read More

Huawei’s $105 billion business at stake after U.S. broadside

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HONG KONG/BEIJING (Reuters) – The latest U.S. broadside against Huawei that puts the Chinese firm on an exports blacklist threatens to rattle the global tech supply chain, linked closely to the $105 billion business of the world’s top supplier of telecoms network equipment. The Trump administration has said it would add Huawei Technologies and 70 Read More

U.S. blacklists China’s Huawei as trade dispute clouds global outlook

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WASHINGTON (Reuters) – The Trump administration hit Chinese telecoms giant Huawei with severe sanctions on Wednesday, adding a new incendiary element to the U.S.-China trade dispute just as Treasury Secretary Steven Mnuchin said he would visit China soon for more talks. FILE PHOTO: A Huawei logo is pictured during the media day for the Shanghai Read More

U.S. Treasury secretary plans China visit as trade war clouds world economy

1 week ago DieselGasoil Comments Off on U.S. Treasury secretary plans China visit as trade war clouds world economy
WASHINGTON (Reuters) – U.S. Treasury Secretary Steven Mnuchin said on Wednesday he will likely travel to China soon to continue talks as Washington and Beijing seek to resolve a trade war that has cast a pall over the global economy and financial markets. U.S. Treasury Secretary Steven Mnuchin testifies before a Senate Appropriations subcommittee on Read More

Trump calls trade war with China ‘little squabble,’ says talks ongoing

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WASHINGTON (Reuters) – U.S. President Donald Trump on Tuesday called the trade war with China “a little squabble” and insisted talks between the world’s two largest economies had not collapsed, as investors remained on guard for a further escalation of tit-for-tat tariffs. Trump, who has railed against what he describes as China’s unfair trade practices Read More

Trump: No collapse in China trade talks, tariff war ‘a little squabble’

1 week ago DieselGasoil Comments Off on Trump: No collapse in China trade talks, tariff war ‘a little squabble’
WASHINGTON (Reuters) – U.S. President Donald Trump insisted on Tuesday that trade talks with China have not collapsed and called the widening U.S.-China tariff war “a little squabble,” even as his administration readies 25% duties on all remaining Chinese imports. Expanding on a stream of optimistic early morning tweets about the state of talks, Trump Read More

Trump tweets optimism on China trade, lines up new U.S. tariffs

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WASHINGTON/BEIJING (Reuters) – U.S. President Donald Trump sounded optimistic about prospects for a trade deal with China on Tuesday even as his administration readied 25 percent tariffs on all remaining Chinese imports with no new talks scheduled. In early-morning tweets, Trump kept up his “America First” agenda in support of hefty tariffs and called on Read More

China says U.S. has agreed to keep talking over trade war

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BEIJING/WASHINGTON (Reuters) – China and the United States have agreed to keep talking about their trade dispute, the Chinese government said on Tuesday, as U.S. President Donald Trump said he thought recent discussions in Beijing would be successful. The slightly more optimistic comments came after both sides ramped up their trade war, with China announcing Read More