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Home2018December

Month: December 2018

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Business News

Oil surges on U.S.-China trade truce, plans to cut output

December 3, 2018 admin Comments Off on Oil surges on U.S.-China trade truce, plans to cut output

Oil prices surged on Monday after the United States and China agreed to a 90-day truce in their trade war, and ahead of a meeting this week by producer club OPEC that is expected to result in a supply cut.

…read more […]

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Factbox: Contrasting Chinese, U.S. statements on trade war agreement

December 3, 2018 admin Comments Off on Factbox: Contrasting Chinese, U.S. statements on trade war agreement

China and the United States agreed on Saturday to a truce in their trade war following talks between Chinese President Xi Jinping and U.S. President Donald Trump on the sidelines of the G20 summit in Argentina.

…read more […]

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Business News

Oil prices surge after U.S., China suspend trade hostilities

December 3, 2018 admin Comments Off on Oil prices surge after U.S., China suspend trade hostilities

Oil prices surged on Monday after the United States and China agreed to a 90-day truce in their trade war, and ahead of a meeting this week by producer club OPEC that is expected to result in a supply cut.

…read more […]

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Chinese media cautiously welcomes U.S. trade truce

December 3, 2018 admin Comments Off on Chinese media cautiously welcomes U.S. trade truce

The trade war truce agreed by China and the United States at the weekend could help them resolve their differences amicably, but lasting improvements in relations will depend on U.S. “sincerity”, Chinese state media said on Monday.

…read more […]

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Asian shares rally on Sino-U.S. trade truce, oil bounces

December 3, 2018 admin Comments Off on Asian shares rally on Sino-U.S. trade truce, oil bounces

Asian shares rallied on Monday after U.S. and Chinese leaders brokered a truce in their trade conflict, a relief for the global economic outlook and a tonic for emerging markets.

…read more […]

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China-U.S. trade truce dependent on U.S. sincerity: China Daily

December 3, 2018 admin Comments Off on China-U.S. trade truce dependent on U.S. sincerity: China Daily

The trade war truce agreed by China and the United States at the weekend could help them resolve their differences amicably, but lasting improvements in relations will depend on U.S. “sincerity”, the official China Daily said on Monday.

…read more […]

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Business News

Asia cheers Sino-U.S. trade truce, oil bounces

December 3, 2018 admin Comments Off on Asia cheers Sino-U.S. trade truce, oil bounces

Asian shares looked set to rally on Monday after U.S. and Chinese leaders brokered a truce in their trade conflict, a relief for the global economic outlook and a tonic for emerging markets.

…read more […]

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U.S. stock futures jump after Trump-Xi trade armistice

December 3, 2018 admin Comments Off on U.S. stock futures jump after Trump-Xi trade armistice

U.S. stock index futures jumped on Sunday after China and the United States agreed at a G20 summit to shelve any new tariffs and reset discussions for 90 days, at least temporarily halting an increase in their tensions over trade.

…read more […]

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G20 sealed landmark deal on WTO reform by ducking ‘taboo words’

December 3, 2018 admin Comments Off on G20 sealed landmark deal on WTO reform by ducking ‘taboo words’

Many delegates from the world’s 20 largest economies arrived at a summit in Argentina this week determined to clinch an agreement to reform the global trade system, pushed to a breaking point by tensions between the United States and China.

…read more […]

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Asia relieved at Sino-U.S. trade truce, A$ jumps

December 3, 2018 admin Comments Off on Asia relieved at Sino-U.S. trade truce, A$ jumps

Asian shares looked set to rally on Monday after U.S. and Chinese leaders brokered a truce in their trade conflict, a relief for the global growth outlook and a positive for emerging markets.

…read more […]

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Business News

Trump-Xi trade armistice clears way for more market gains

December 2, 2018 admin Comments Off on Trump-Xi trade armistice clears way for more market gains

One of the darkest clouds hanging over Wall Street somewhat dissipated on Saturday when China and the United States agreed to shelve any new tariffs and reset discussions, at least temporarily halting an increase in their tensions over trade.

…read more […]

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Business News

Omani oil minister says he believes there is consensus for output cuts

December 2, 2018 admin Comments Off on Omani oil minister says he believes there is consensus for output cuts

Omani Energy Minister Mohammed bin Hamad al-Rumhy said on Sunday that he believed there was a consensus among OPEC oil producers that oil output should be cut.

…read more […]

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Business News

Amazon tests cashierless tech for stores with bigger spaces: WSJ

December 2, 2018 admin Comments Off on Amazon tests cashierless tech for stores with bigger spaces: WSJ

Amazon.com Inc is testing its cashierless checkout technology for bigger stores with larger spaces and experimenting the technology in Seattle, the Wall Street Journal reported on Sunday.

…read more […]

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U.S., China agree on trade war ceasefire after Trump, Xi summit

December 2, 2018 admin Comments Off on U.S., China agree on trade war ceasefire after Trump, Xi summit

China and the United States agreed to a ceasefire in their bitter trade war on Saturday after high-stakes talks in Argentina between U.S. President Donald Trump and Chinese President Xi Jinping, including no escalated tariffs on Jan. 1.

…read more […]

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Business News

Several European countries to impose diesel recalls: Bild am Sonntag

December 2, 2018 admin Comments Off on Several European countries to impose diesel recalls: Bild am Sonntag

Several European countries have either ordered vehicle recalls by carmakers over diesel emissions cheating or plan to do so, German weekly Bild am Sonntag reported without citing sources.

…read more […]

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