TOKYO (Reuters) - Global stocks took another beating on Friday with investors piling into safe-haven assets after U.S. President Donald Trump said he would slap a 10% tariff on the remaining $300 billion of Chinese imports starting Sept. 1.
TOKYO (Reuters) - The Japanese yen hit a more-than-one month high against the dollar and multi-year peaks against antipodean currencies on Friday after U.S. President Donald Trump broke a truce in the Sino-U.S. trade war, bolstering demand for safe-havens.
TOKYO (Reuters) - Oil prices rose around 1% on Friday, steadying after an overnight plunge following U.S. President Donald Trump’s move to impose more tariffs on Chinese imports, intensifying a trade war that has hit global growth.
TOKYO (Reuters) - The dollar rose to a two-year peak against the euro and jumped to a two-month high versus the yen on Thursday as U.S. Federal Reserve Chairman Jerome Powell ruled out a lengthy easing cycle after delivering the first rate cut since the financial crisis.
TOKYO (Reuters) - Oil prices skidded on Thursday, declining for the first time in six days, after the U.S. Federal Reserve dampened hopes for a string of interest rate cuts and Sino-U.S. talks ended without apparent progress towards resolving a bitter trade dispute.
BEIJING (Reuters) - China’s factory activity shrank for the third month in a row in July, an official survey showed, underlining the growing strains on the world’s second-biggest economy as the Sino-U.S. trade war hits business profits, confidence and investment.
