Singapore Airlines says its order for 31 Boeing 737 MAX jets ‘intact’

Singapore Airlines says its order for 31 Boeing 737 MAX jets ‘intact’
FILE PHOTO: Singapore Airlines Chief Executive Goh Choon Phong speaks as Boeing Commercial Airplanes Chief Executive Kevin McAllister looks on during a delivery ceremony of the new Boeing 787-10 Dreamliner to Singapore Airlines at the Boeing South Carolina Plant in North Charleston, South Carolina, United States March 25, 2018. REUTERS/Randall Hill SINGAPORE (Reuters) – Singapore Airlines CEO Goh Choon Phong... Read More

Asian shares feeling blue as Shanghai turns red

Asian shares feeling blue as Shanghai turns red
SYDNEY (Reuters) – Asian shares were struggling to end a bleak week in the black on Friday as upbeat U.S. economic news and solid company earnings offered only a fleeting respite from the interminable Sino-U.S. trade dispute. FILE PHOTO: People walk in front of a board displaying stock indexes in Tokyo April 22, 2015. REUTERS/Thomas Peter/File Photo Shanghai stocks slipped... Read More

U.S. trade war will only make us stronger, China’s top paper says

U.S. trade war will only make us stronger, China’s top paper says
A worker cycles past containers outside a logistics center near Tianjin Port, in northern China, May 16, 2019. REUTERS/Jason Lee BEIJING (Reuters) – The trade war with the United States will only make China stronger and will never bring the country to its knees, the Communist Party’s People’s Daily wrote in a front page commentary that evoked the patriotic spirit... Read More

Nissan’s Saikawa to stay on as president, Renault chief to join board: sources

Nissan’s Saikawa to stay on as president, Renault chief to join board: sources
FILE PHOTO: Nissan President and Chief Executive Officer Hiroto Saikawa attends a news conference at its global headquarters building in Yokohama, Japan, December 17, 2018. REUTERS/Kim Kyung-Hoon/File Photo TOKYO (Reuters) – Japan’s Nissan Motor Co will keep Hiroto Saikawa on as president and will bring in the chief executive of alliance partner Renault SA as a board member, two sources... Read More

China’s Huawei restricted from using U.S. suppliers

China’s Huawei restricted from using U.S. suppliers
WASHINGTON/NEW YORK (Reuters) – The Trump administration on Thursday officially added China’s Huawei Technologies Co Ltd to a trade blacklist, immediately enacting restrictions that will make it extremely difficult for the telecom giant to do business with U.S. companies. The logo of Huawei is seen at the high profile startups and high tech leaders gathering, Viva Tech,in Paris, France May... Read More

Japan Finance Minister Aso says Huawei ban could affect Japanese firms

Japan Finance Minister Aso says Huawei ban could affect Japanese firms
FILE PHOTO: Japanese Finance Minister Taro Aso delivers a speech during a high-level forum on debt at the Finance Ministry in Paris, France, May 7, 2019. REUTERS/Benoit Tessier/File Photo TOKYO (Reuters) – A U.S. bid to block China’s Huawei Technologies from buying vital American technology could affect Japanese companies and weigh on economic growth, Japanese Finance Minister Taro Aso said... Read More

Asian shares struggle for footing after tough week

Asian shares struggle for footing after tough week
SYDNEY (Reuters) – Asian shares were trying to end a bleak week in the black on Friday as upbeat U.S. economic news and solid company earnings offered a respite from the interminable Sino-U.S. trade saga. FILE PHOTO: People walk in front of a board displaying stock indexes in Tokyo April 22, 2015. REUTERS/Thomas Peter/File Photo The reprieve might prove brief,... Read More

U.S. recession risk rises as U.S.-China trade tensions heat up: Reuters poll

U.S. recession risk rises as U.S.-China trade tensions heat up: Reuters poll
BENGALURU (Reuters) – Over the last month the U.S.-China trade war has boosted the risk of a U.S. recession, say a strong majority of economists polled by Reuters, who now put the chances of that happening in the next two years at 40%. FILE PHOTO: Shoppers ride escalators at the Beverly Center mall in Los Angeles, California November 8, 2013.... Read More