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Hong Kong In Recession Amid Protests and U.S.-China Trade Stalemate

  • Hong Kong In Recession Amid Protests and U.S.-China Trade Stalemate Hong Kong In Recession Amid Protests and U.S.-China Trade Stalemate 3:35
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4:59 p.m. Nov. 20, 2019 - By Jon Swartz
Trump says he’s ‘looking’ at exempting Apple from China tariffs“We have to treat Apple on a somewhat similar basis as we treat Samsung,” Trump said during a tour with Cook of a manufacturing facility in Austin, Texas, that assembles high-end Mac Pro computers.
1:53 p.m. Nov. 20, 2019 - Associated Press
New electric vehicles take center stage at L.A. Auto Show Ford rolls out new Mustang, Toyota unveils new RAV4New electric vehicles, several new small SUVs, a redesigned compact car, a plug-in version of Toyota’s top-selling vehicle and a futuristic electric station wagon concept car from Volkswagen are among the new models on display this week at the Los Angeles Auto Show.
1:25 p.m. Nov. 20, 2019 - By Katy Stech Ferek
U.S. has started approving some exemptions to Huawei blacklist Commerce Department says approval and denial letters are going outThe Trump administration has given permission to some U.S. suppliers to Huawei Technologies Co. to resume shipping to the Chinese telecom giant, easing export restrictions while U.S. negotiators struggle to wrap up the first stage of a trade deal, the Commerce Department said Wednesday.
12:33 p.m. Nov. 20, 2019 - By Robert Schroeder
House passes Hong Kong human rights bill and sends to Trump The House of Representatives on Wednesday passed a bill previously approved in the Senate that aims to protect human rights in Hong Kong. Known as the Hong Kong Human Rights and Democracy Act, the bill passed the House 417 to one. If signed by President Donald Trump it would require the secretary of state to certify that Hong Kong is sufficiently independent of Beijing to qualify for special U.S. trading status. The bill has angered the Chinese government and comes amid worries about U.S.-China trade talks. U.S. stocks closed lower Wednesday on a report that a deal may not be done this year. Rep. Thomas Massie, a Kentucky Republican, was the sole "no" vote.
12:21 p.m. Nov. 20, 2019 - By Robert Schroeder
Trump says China isn't 'stepping up' in trade talks President Donald Trump said China isn't satisfying the U.S. in ongoing trade talks, telling reporters during a visit to an Apple plant in Texas that Beijing isn't "stepping up to the level we want." Trump spoke after reports of a potential delay in an interim trade deal between Beijing and Washington , with the Dow Jones Industrial Average off more than 100 points. Trump was touring the facility with Apple Chief Executive Tim Cook and said his administration is "looking at" whether to exempt certain Apple products from China tariffs.
12:13 p.m. Nov. 20, 2019 - By Rachel Koning Beals
Global GDP will suffer at least a 3% hit by 2050 from unchecked climate change, say economists North America and Western Europe have more breathing roomThe global economy will be at least 3% smaller by 2050 owed solely to the effects of unchecked climate change, including severe weather and rising sea levels.
12:12 p.m. Nov. 20, 2019 - By Mark DeCambre
Wall Street fears repeat of May’s stock-market rout as talk of impasse on U.S.-China phase-one deal heats upReports of a potential delay in a partial deal between China and the U.S. is bringing back shades of the ugly stock-market downturn in May for some investors.
11:20 a.m. Nov. 20, 2019 - By Andrea Riquier
Stocks close lower on report trade deal may not be completed this year Target and Lowe’s shares rally on earnings beatsU.S. stocks close lower Wednesday after a report that a trade deal might not be done this year and after China condemned a U.S. Senate resolution supporting human rights in Hong Kong
11:08 a.m. Nov. 20, 2019 - By Sunny Oh
10-year Treasury yield hits close to three-week low as trade deal hopes wane Fed’s Brainard sees “above-trend” economic growth for next 18 monthsU.S. Treasury yields fall Wednesday after news reports suggest a phase one trade deal between Washington and Beijing may not be completed this year, spurring inflows into government paper.
10:28 a.m. Nov. 20, 2019 - By Nouriel Roubini
Why the stock market’s new exuberance may be irrational Fundamental risks to growth actually getting worse, Roubini saysInvestors would do well to remember that the fundamental risks to growth remain, and are actually getting worse.
10:12 a.m. Nov. 20, 2019 - By Michael Brush
U.S. stocks look fully priced — where to put your money now may surprise you These stocks and ETFs expose you to world markets that are growing faster than the U.SThese stocks and ETFs expose you to world markets that are growing faster than the U.S., writes Michael Brush.
6:01 a.m. Nov. 20, 2019 - By Barbara Kollmeyer
Your three-stock survival kit for 2020 — packed by Nuveen’s top stock-market strategist Critical information for the U.S. trading dayOur call of the day from Nuveen’s equity strategists says investors need to brace for a coming year that won’t top the 20%-plus gains we’ve been seeing. The key to survival are these three stocks.
4:43 a.m. Nov. 20, 2019 - By Jeffry Bartash
Wall Street doubts grow as U.S. and China struggle to finish off ‘skinny’ trade deal Rollback of billions of dollars in U.S. tariffs a major sticking point Doubts about a so-called “skinny” deal between the U.S. and China are resurfacing on Wall Street a month after a seeming breakthrough in trade talks helped drive the stock market to fresh all-time highs.
6:07 p.m. Nov. 19, 2019 - Associated Press
China bristles after U.S. Senate passes bill backing human rights in Hong Kong Beijing issues warning over resolution that calls for sanctions against rights abusersThe Senate on Tuesday easily approved a bill to support human rights in Hong Kong following months of often-violent unrest in the semi-autonomous Chinese city.
5:58 p.m. Nov. 19, 2019 - By Associated Press
Asian markets pull back after weak Japanese trade data Nikkei, Hang Seng retreat; tensions set to rise as U.S. Senate backs Hong Kong human-rights resolutionShares retreated in Asia on Wednesday after Japan reported its worst monthly decline in exports in three years, putting pressure on the economy as growth slows following a sales tax hike.
11:40 a.m. Nov. 19, 2019 - By Robert Schroeder
Trump threatens China with higher tariffs and lauds Republicans’ impeachment defense GOP lawmakers ‘killing it’ in hearings, president says President Donald Trump on Tuesday threatened China with more tariffs ahead of a key deadline, and praised Republicans for their handling of the open impeachment hearings.
11:16 a.m. Nov. 19, 2019 - By Clive McKeef
Nasdaq closes at new high; Dow, S&P retreat from records on earnings and doubts about China trade deal Home Depot shares closed lower on revenue miss, poor outlook U.S. stocks slipped back from record highs on Wednesday on disappointing earnings results and doubts about a U.S. - China trade deal
9:21 a.m. Nov. 19, 2019 - Associated Press
Iran violates nuclear deal again by stockpiling heavy water The report is according to the U.N.’s nuclear watchdogThe report is according to the U.N.’s nuclear watchdog.
8:51 a.m. Nov. 19, 2019 - Associated Press
Taliban frees an American and an Australian hostage in exchange for three top Taliban figures The hostages had been held since 2016The hostages had been held since 2016.
7:20 a.m. Nov. 19, 2019 - By Robert Schroeder
Trump threatens China with higher tariffs if trade deal not madePresident Donald Trump on Tuesday threatened China with higher U.S. tariffs on its goods unless Beijing makes a trade deal with Washington. Trump issued the warning while speaking at the White House during a cabinet meeting. U.S. stocks have as investors digest doubts about getting an interim U.S.-China trade deal.
1:17 p.m. Nov. 18, 2019 - Associated Press
U.S. failing to prevent China from stealing universities’ research, report says Better effort should go toward countering economic and industrial espionage, congressional report findsThe United States government has failed to stop China from stealing intellectual property from American universities and lacks a comprehensive strategy for dealing with the threat, a congressional report concluded Monday.
10:43 a.m. Nov. 18, 2019 - Associated Press
In response to a Trump tweet, North Korea says it isn’t interested in talks ‘that bring nothing to us’ North Korea’s Foreign Ministry adviser Kim Kye Gwan says the country will not give Trump more nuclear diplomacy meetings unless it gets something substantial in returnNorth Korea’s Foreign Ministry adviser Kim Kye Gwan says the country will not give Trump more nuclear diplomacy meetings unless it gets something substantial in return.
7:06 a.m. Nov. 18, 2019 - By Robert Schroeder
Huawei granted 90-day extension to do business with U.S. companies The U.S. Commerce Department on Monday granted a 90-day extension that will allow American companies to keep doing business with Chinese telecom giant Huawei Technologies Co. Ltd. Commerce Secretary Wilbur Ross said in a statement that the extension "will allow carriers to continue to service customers in some of the most remote areas of the United States who would otherwise be left in the dark." Earlier this year the company was added to a federal list of restricted entities and its status has been an issue in trade talks between the U.S. and China.
6:20 p.m. Nov. 17, 2019 - By Associated Press
Asian markets mostly rise as traders cautiously await trade developments Stocks gain in Japan, Hong Kong and ShanghaiAsian shares were mixed Monday in a cautious mode after Wall Street closed out the week with milestones as the Dow Jones Industrial Average crossed 28,000 for the first time and the S&P 500 and Nasdaq hit record highs.
9:57 a.m. Nov. 16, 2019 - By Tanner Brown
China’s pork crisis is bigger than you think African swine fever in world’s second largest economy has shaken global meat marketsAfrican swine fever in world’s second largest economy has shaken global meat markets, reports Tanner Brown.
8:30 a.m. Nov. 16, 2019 - By Mark DeCambre
Kissinger says failure to mend U.S.-China trade relations would be ‘worse than the world wars that ruined European civilization’ Lack of a U.S. - China deal could lead to a ‘catastrophic outcome’Henry Kissinger, the former U.S. Secretary of State and national-security adviser under Presidents Richard Nixon and Gerald Ford, had dire warnings about the inability of the U.S. and China to resolve their differences on international trade.
8:22 a.m. Nov. 16, 2019 - By William Watts
How China is ‘reshuffling the cards’ by promoting the yuan as a global currency Yuan creating a ‘challenging source’ of uncertainty: Société GénéraleThe emergence of the yuan in trade-weighted currency baskets is shaking up the traditional drivers of the foreign exchange market, says Société Générale.
7:53 a.m. Nov. 16, 2019 - By Barbara Kollmeyer
The big worries facing stock investors in 2020, according to Citi’s top equity strategistIn our call of the day, MarketWatch speaks to Citigroup’s chief U.S. equity strategist, Tobias Levkovich, who lays out his big concerns for stock markets in 2020.
6:41 a.m. Nov. 16, 2019 - By Shawn Langlois
Do NOT show these ominous charts to stock-market bulls, says strategist who sees a correction formingLance Roberts, chief strategist at RIA Advisors, just placed bets against the S&P 500 in all his portfolios to guard against a looming downturn. And he lays out his bearish cash in a series of charts.
7:08 a.m. Nov. 15, 2019 - Associated Press
Roger Stone found guilty of witness tampering and lying to Congress — could face 20 years in prison The longtime friend of Donald Trump was found guilty on all seven counts against himThe longtime friend of Donald Trump was found guilty on all seven counts against him.
1:55 a.m. Nov. 15, 2019 - By Philip van Doorn
This number provides the most compelling reason to add emerging-market stocks to your portfolio About 44% of global GDP comes from emerging markets — but you might have little exposure to those rapidly growing economiesAbout 44% of global GDP comes from emerging markets — but you might have little exposure to those rapidly growing economies.
5:24 p.m. Nov. 14, 2019 - By Harriet Torry
Trade deal close, Kudlow says, but Trump isn’t sold on it yet In speech, White House economic adviser cites ‘very good progress’ The U.S. and China are nearing a trade deal, but President Donald Trump isn’t ready to sign off, White House economic adviser Lawrence Kudlow said Thursday.
11:15 a.m. Nov. 14, 2019 - By Sunny Oh
Treasury yields extend slide as investors confront renewed trade and economic concerns Doubt around a U.S.-China trade deal have spurred fresh bond-buying this weekU.S. Treasury yields slip Thursday as investors eye weakening economic data in Asia, along with geopolitical jitters and uncertainty around a phase one trade deal.
10:17 a.m. Nov. 14, 2019 - Associated Press
North Korea says Trump administration sought reopening of nuclear talksNorth Korea on Thursday said the United States has proposed a resumption of stalled nuclear negotiations in December as they approach an end-of-year deadline set by North Korean leader Kim Jong Un for the Trump administration to offer an acceptable deal to salvage the talks.
8:52 a.m. Nov. 14, 2019 - By Myra P. Saefong
Gold tallies back-to-back gains as Treasury yields retreat Copper prices suffer a fifth straight session lossGold futures settle higher on Thursday, building on gains from a day earlier as weakness in U.S. benchmark stock indexes and a drop in yields on government debt raise the precious metal’s investment appeal.
7:02 a.m. Nov. 14, 2019 - Associated Press
Jury begins reviewing case of GOP operative Roger Stone Stone is accused of lying to Congress, tampering with witnesses and obstructing a House Intelligence Committee investigationStone is accused of lying to Congress, tampering with witnesses and obstructing a House Intelligence Committee investigation.
12:22 a.m. Nov. 14, 2019 - By Steve Goldstein
European stocks edge lower on China trade concerns and ‘worst of all worlds’ German economic dataEuropean stocks slipped on Thursday on concern over the state of U.S.-China trade talks as data showed a stagnating economy in Germany.
6:27 p.m. Nov. 13, 2019 - By Marketwatch
Asian markets mixed after weaker economic data from China, Japan Nikkei, Hang Seng retreat while stocks in mainland China inch upAsian markets were mixed in early trading Thursday after weaker-than-expected economic data from China and Japan, and reports of a sticking point in U.S.-China trade negotiations.
4:02 p.m. Nov. 13, 2019 - By Chao Deng
Trade talks hung up over China’s commitment to U.S. ag purchases China reportedly wary of putting an exact number in agreementTrade talks between the U.S. and China have hit a snag over farm purchases, as officials seek to lock down the limited trade deal President Trump outlined last month.
11:38 a.m. Nov. 13, 2019 - By Robert Schroeder
Trump says China trade deal moving 'rapidly' amid report of snagPresident Donald Trump said Wednesday a U.S.-China trade agreement is "moving along rapidly," after a report that trade talks may have hit a snag over farm purchases. The Wall Street Journal reported Beijing is . The Dow Jones Industrial Average and S&P 500 closed at new records on Wednesday even amid the trade uncertainty. Trump spoke at a White House news conference with Turkey's president.
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