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China says it will strive to reach 'phase one' trade deal with US

Stella Qiu and Ryan Woo, Reuters
Posted at Nov 21 07:37 PM

China will strive to reach an initial trade agreement with the United States as both sides keep communication channels open, the Chinese commerce ministry said on Thursday, in an attempt to allay fears talks might be unravelling. Read more »

World Bank chief tells China it needs 'vital' reforms

Agence France-Presse
Posted at Nov 21 04:06 PM

State-owned behemoths dominate lucrative sectors of China's economy -- including energy, aviation and telecommunications -- where access to private players is restricted.  Read more »

Asian shares slide as Sino-US spat on Hong Kong clouds trade deal outlook

Hideyuki Sano, Reuters
Posted at Nov 21 08:44 AM

MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.16 percent while Japan's Nikkei dropped 0.25 percent. Read more »

China cuts new benchmark rate to boost economy

Agence France-Presse
Posted at Nov 20 04:27 PM

China on Wednesday cut interest rates in a bid to shore up the world's number two economy as cooling domestic demand and a bruising trade spat with the United States hit growth. Read more »

Huawei plays down impact of new US license extension

David Shepardson, Reuters
Posted at Nov 20 12:03 PM

Huawei said on Monday that the latest extension would not "have a substantial impact on Huawei's business either way". Read more »

Asia shares numbed by trade noise, oil takes a spill

Wayne Cole, Reuters
Posted at Nov 20 08:59 AM

Asian shares lumbered lower on Wednesday as the Sino-US trade talks produced nothing but a stream of conflicting messages, while concerns about a glut of supply saw oil prices suffer their biggest spill in 7 weeks. Read more »

Oil prices tumble amid US-China trade uncertainty

Agence France-Presse
Posted at Nov 20 07:22 AM

Oil prices tumbled Tuesday as lingering questions over the US-China trade talks weighed on sentiment on a mixed day for global equity markets. Read more »

Asian shares soft as trade doubts creep back in

Tom Westbrook, Reuters
Posted at Nov 19 08:35 AM

Overnight, CNBC reported the mood in Beijing was pessimistic about the prospects of sealing an agreement. Read more »

US to extend license for its companies to continue business with Huawei: sources

David Shepardson and Steve Holland, Reuters
Posted at Nov 18 08:55 AM

After adding Huawei to an economic blacklist in May citing national security concerns, the US Commerce Department has allowed it to purchase some American-made goods in a move aimed at minimizing disruption for its customers, many of which operate networks in rural America. Read more »

Hong Kong Q3 GDP shrinks 3.2 percent, confirms depth of recession

ABS-CBN News
Posted at Nov 15 05:51 PM

The economy shrank by a seasonally adjusted 3.2 percent in July-September from the previous quarter, in line with a preliminary reading, revised government data showed. Gross domestic product (GDP) contracted for the second consecutive quarter, meeting the technical definition of a recession. Read more »

Hong Kong to unveil depth of recession as protests, trade war rage

Reuters
Posted at Nov 15 08:31 AM

Hong Kong is expected to confirm on Friday it plunged into recession for the first time in a decade, amid concerns the economy could be in even worse shape than feared as months of anti-government protests take a heavy toll. Read more »

Japan's economy nearly stalls in Q3 as trade war bites

Leika Kihara and Tetsushi Kajimoto, Reuters
Posted at Nov 14 10:39 AM

The world's third-largest economy grew an annualized 0.2 percent in the third quarter, slowing sharply from a revised 1.8 percent expansion in April-June, preliminary gross domestic product (GDP) data released by the government showed on Thursday. Read more »

World stocks, bond yields slip on sour trade deal sentiment

Herbert Lash, Reuters
Posted at Nov 14 07:30 AM

The day after US President Donald Trump warned Washington would raise tariffs on Chinese goods "very substantially" without a deal, trade uncertainty pushed investors to park funds in safe havens. This boosted gold prices as well as the Swiss franc, Japanese yen and government debt. Read more »

World stocks tick higher while Trump offers little clarity on trade war

Agence France-Presse
Posted at Nov 13 08:20 AM

With all eyes on his speech, Trump "delivered less-than-hoped-for commentary on US-China trade negotiations," Karl Haeling of LBBW said in a commentary. Read more »

Asia shares turn sluggish ahead of Trump speech

Wayne Cole, Reuters
Posted at Nov 12 08:45 AM

Caution ruled ahead of a speech by US President Donald Trump to the Economic Club of New York later in the day in case there was any new word on the Sino-US Phase one trade deal. Read more »

Trump says China trade talks moving along nicely, but deal has to be right

Reuters
Posted at Nov 10 08:26 AM

US President Donald Trump said on Saturday that trade talks with China were moving along "very nicely," but the United States would only make a deal with Beijing if it was the right deal for America. Read more »

Huawei defies odds after 180 days on US trade blacklist

Li Tao, South China Morning Post
Updated as of Nov 08 12:51 PM

When the US government added Huawei Technologies to its trade blacklist on May 16, the Trump administration expected to hobble the Chinese telecommunications gear maker's business by restricting its access to American hi-tech components. Read more »

China, US agree tariff rollback if phase one trade deal is completed

Jeff Mason and Yawen Chen, Reuters
Posted at Nov 08 09:24 AM

The Chinese commerce ministry, without laying out a timetable, said the two countries had agreed to cancel the tariffs in phases. Read more »

World stocks, dollar rally on US-China trade deal hopes

Herbert Lash, Reuters
Posted at Nov 08 07:36 AM

But US stocks pared some gains after Reuters reported rolling back existing tariffs as part of a trade deal faces fierce opposition at the White House and from outside advisers, multiple sources familiar with the talks said. Read more »

Asia stocks camp near peaks as trade talks drag on

Reuters
Posted at Nov 07 08:42 AM

MSCI's broadest index of Asia-Pacific shares outside Japan was a shade lower, just off a six-month high hit earlier in the week. Read more »