Stock futures turned red in Asia early on Monday as a standoff in Sino-U.S. trade talks blunted risk appetite, underpinning safe harbors including the Japanese yen and sovereign bonds.
The United States and China appeared at a deadlock over trade negotiations on Sunday as Washington demanded promises of concrete changes to Chinese law and Beijing said it would not swallow any “bitter fruit” that harmed its interests.
President Donald Trump said on Sunday that the United States is “right were we want to be with China,” adding that Beijing “broke the deal with us” and then sought to renegotiate.
The United States and China appeared at a deadlock over trade negotiations on Sunday as Washington demanded promises of concrete changes to Chinese law and Beijing said it would not swallow any “bitter fruit” that harmed its interests.
Thyssenkrupp will still seek partners for its steel operations after abandoning a European merger with India’s Tata Steel, Chief Executive Guido Kerkhoff said in comments published on Sunday.
A prospective deal between SoftBank Group Corp’s Vision Fund and UK-based financing group Greensill Capital could be announced as early as Monday, a city source told Reuters.
Bayer said on Sunday it was hiring an outside law firm to investigate French media complaints that Monsanto, the U.S. seed maker it took over last year, had compiled a file of influential personalities.
U.S. President Donald Trump and his Chinese counterpart Xi Jinping are likely to meet during a G20 summit in Japan at the end of June and discuss trade, White House economic adviser Larry Kudlow said on Sunday.
China’s door to talks with the United States about their trade dispute is always open, but China will not yield on important issues of principle, state media said on Sunday.
U.S. President Donald Trump and his Chinese counterpart Xi Jinping are likely to meet during a G20 summit in Japan at the end of June and discuss trade, White House economic adviser Larry Kudlow said on Sunday.
Teva Pharmaceutical Industries’ chief financial officer on Sunday reiterated that the company has done nothing wrong in the wake of a price-fixing lawsuit filed by 44 U.S. states.
Emirates Chief Commercial Officer Thierry Antinori has resigned, a spokeswoman said on Sunday, days after the Gulf airline announced its weakest profit in a decade.
Emirates chief commercial officer Thierry Antinori has resigned, an airline spokeswoman said on Sunday.
China’s nationalist Global Times tabloid said in an editorial on Sunday that the United States would not have more bargaining chips at the negotiation table with China once the trade war intensifies.
Management and labor leaders at Germany’s Thyssenkrupp have agreed on a way forward after the industrial conglomerate announced a fresh restructuring drive that could lead to the loss of 6,000 jobs.
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