Stock markets steadied and the dollar mostly rose Friday at the end of a week marked by central bank decisions, as attention turned to a call between US President Donald Trump and his Chinese counterpart Xi Jinping.Wall Street’s three main indices finished the week at records for the second day in a row, extending a rally …
US stocks end at records again as Trump and Xi talk Read More »
Tariff fears are hurting World Cup merchandise orders at Shang Yabing’s Chinese knitwear factory, where racks of scarves bear the logos of national teams from Ireland to Tanzania.Manufacturers in China’s export hub Yiwu would normally already be inundated with World Cup orders ahead of next summer’s football tournament, this time hosted by the United States, …
Tariff uncertainty delays World Cup orders for China’s merch makers Read More »
The Bank of Japan kept interest rates on hold Friday amid lingering political uncertainty and economic concerns but said it would start offloading funds bought as part of its earlier monetary easing campaign.The announcement came hours after official data showed inflation in the fourth-largest economy slowed to 2.7 percent in August, with rice price rises …
BoJ holds interest rates but to sell funds in shift from easing policy Read More »
Chinese consumer tech giant Xiaomi will remotely fix a flaw in the assisted driving system on over 110,000 of its popular SU7 electric cars, the firm and regulators said Friday, months after a deadly crash involving the model.China’s tech companies and automakers have poured billions of dollars into smart-driving technology, a new battleground in the …
China’s Xiaomi to remotely fix assisted driving flaw in 110,000 SU7 cars Read More »
