World shares fell for a fifth straight day on Thursday as investors braced for another escalation in a trade war between the United States and China, while emerging-market currencies paused near 15-month lows.
China will be forced to retaliate if the United States implements any new tariff measures, China’s commerce ministry warned on Thursday, as the world’s two biggest economies remain locked in an intensifying trade war.
China’s commerce ministry said on Thursday that China will be forced to retaliate if the United States implements new tariff measures.
British luxury brand Burberry said it would no longer burn millions of pounds worth of unsold goods or use real fur in its collections in a bid to improve its socially responsible credentials.
Starbucks, the world’s biggest coffee chain, will realize its chairman’s dream on Friday when it opens an upmarket roastery and cafe in Milan, but the test will be to convince coffee-obsessed Italians to pay more for their daily espresso.
Asian shares fell for a sixth straight session on Thursday as oil skidded and safe-haven gold gained, with investor confidence shaken by turmoil in emerging markets and jitters over a potentially severe escalation in the U.S.-China trade war.
Facebook said on Thursday it will invest more than $1 billion to build its first data centre in Asia in Singapore, slated to open in 2022.
Facebook said on Thursday it will build its first data center in Asia in Singapore, investing more than $1 billion.
North Korean leader Kim Jong Un reaffirmed his commitment to a nuclear-free Korean Peninsula amid a growing standoff with the United States, his state-controlled media reported Thursday after a South Korean delegation met him to set up an inter-Korean summit. The statement from the Korean Central News Agency wasn’t new information — Kim has repeatedly declared similar intentions before — but allows hopes to rise that diplomacy can get back on track after the recriminations that followed Kim’s meeting in June with U.S. President Donald Trump in Singapore. The impasse between North Korea and the United States, with …read more […]
Facebook said on Thursday it will build its first data center in Asia in Singapore, investing more than $1 billion.
Global equities remained under pressure with stocks in Asia down for the sixth straight day on Thursday amid fragile investor confidence in the wake of turmoil in emerging markets and anxiety about a major escalation in the U.S.-China trade conflict.
Ethereum, the world’s second-largest cryptocurrency by market capitalization, fell to its lowest price of 2017 on Wednesday. …read more […]
Macy’s stock has retreated in recent weeks despite a solid Q2 earnings report. Analysts keep piling on with negative outlooks. But Macy’s long-term market position is stronger than it may seem. …read more […]
In a striking anonymous broadside, a senior Trump administration official wrote an opinion piece in The New York Times on Wednesday claiming to be part of a group of people “working diligently from within” to impede President Donald Trump’s “worst inclinations” and ill-conceived parts of his agenda. Trump said it was a “gutless editorial” and “really a disgrace,” and his press secretary called on the official to resign. The writer, claiming to be part of the “resistance” to Trump but not from the left, said, “Many Trump appointees have vowed to do what we can to preserve our …read more […]
Employers don’t allow you to contribute to your 401k outside of payroll, which means you can’t add extra cash to your account unless it’s funneled from your paycheck via automatic deposit. Here’s what you can do to prepare for retirement by maximizing your 401k contributions. …read more […]
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