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Posted on May 16, 2020

U.S. stock market swings higher despite rising U.S.-China tensions; oil up

U.S. stocks gyrated on Friday before ending slightly higher, as investors worried about increased China-U.S. trade hostilities and disappointing retail sales figures, while signs of a pick-up in crude ... ( read original story ...)

Posted on May 16, 2020

US seek to cut off China’s Huawei from global chip suppliers

US officials moved Friday to cut off Chinese tech giant Huawei from global chipmakers, ramping up sanctions on the company seen by Washington as a national security risk. The Commerce Department said ... ( read original story ...)

Posted on May 16, 2020

Wolf calls out China for trying to steal US coronavirus vaccine research: ‘We need to stay on it’

Acting Homeland Security Secretary Chad Wolf told "Your World with Neil Cavuto" Friday that China is trying to steal information about COVID-19 vaccine research by American entities "so that they can ... ( read original story ...)

Posted on May 16, 2020

Bank of China may compensate up to 20% of investments in oil products: sources

Bank of China (BoC) is considering compensating up to 20% of all investors' original investments in crude oil-linked products, and shouldering all losses recorded in negative territory, two sources ... ( read original story ...)

Posted on May 16, 2020

China and U.S. Trade Coronavirus Accusations, Raising Fears of a New Cold War: Live Coverage

New evidence of deepening economic crisis came from Germany, China and elsewhere. For the second time in a month, a Brazilian health minister is leaving after clashing with the president. ( read original story ...)

Posted on May 16, 2020

Cramer’s week ahead: ‘All bets are off’ if another U.S.-China trade war sparks

Jim Cramer, the host of "Mad Money," delivered his game plan for the week ahead full of retail earnings reports. ( read original story ...)

Posted on May 16, 2020

Taiwan Declines China’s Condition to Take Part in World Health Organization Again

Beijing wants Taipei to acknowledge Taiwan is part of China as a condition for participation in international institutions such as the World Health Organization and its annual assembly. ( read original story ...)

Posted on May 16, 2020

Stock market live updates: Stocks flat, record retail sales plunge, China tensions

Stocks swung wildly in Friday’s volatile session amid trade worries and weak economic data. Investors digested a record drop in retail sales, while monitoring signs of increased trade tensions with ... ( read original story ...)

Posted on May 16, 2020

U.S. Bars China’s Huawei From Purchasing Critical Materials Made Using American Technology

Commerce Secretary Wilbur Ross reprimanded the company as the announcement was made Friday. "This is not how a responsible global corporate citizen behaves," Ross said. ( read original story ...)

Posted on May 15, 2020

Hong Kong Watchdog Backs Police Use of Force on Protesters; Opponents Say ‘It’s a Joke’

An official watchdog group released a long-awaited report that largely exonerated the use of force by police to suppress Hong Kong antigovernment protests, sparking anger among opposition groups. ( read original story ...)

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