Showing 11 - 16 of 16
Equities tumble in Asia as Trump revives trade war fears
AFP, Published on 04/05/2020
» Asian markets suffered steep losses Monday, tracking a selloff in New York after Donald Trump sparked fears of a renewed trade war with China over its role in the coronavirus pandemic.
Stock markets rattled by Trump's China virus claims
AFP, Published on 02/05/2020
» NEW YORK: London and New York stocks sank on Friday after US President Donald Trump lashed out at China over the coronavirus crisis, bringing back bad memories of a damaging standoff between both countries over trade.
Coronavirus gives US banks a shot at redemption
AFP, Published on 17/03/2020
» NEW YORK: The economic wallop from the coronavirus offers an opening for large US banks to win back points from the public after the industry was pilloried over the 2008 financial crisis.
US Fed slashes key interest rate in massive pandemic response
AFP, Published on 16/03/2020
» WASHINGTON: Faced with a growing economic shutdown from the coronavirus pandemic, that could cause the US economy to contract, the US Federal Reserve on Sunday announced drastic emergency measures to shore up confidence and keep the financial sector running, including slashing the key interest rate to virtually zero.
US-China trade truce at risk as virus hits global economy
AFP, Published on 15/03/2020
» BEIJING: A hard-won trade war truce between the US and China is at risk as the coronavirus pandemic rocks the global economy, making it tough for Beijing to fulfil its commitments.
French carmaker to evacuate expats from virus-hit Chinese city
AFP, Published on 26/01/2020
» PARIS: French carmaker PSA on Saturday said it would repatriate expat staff from Wuhan as fears grew that more cases of coronavirus would be found in France.