Doubts linger after U.S. and China sign initial trade deal

Doubts linger after U.S. and China sign initial trade deal
BEIJING/WASHINGTON (Reuters) – China will boost spending on U.S. products in exchange for the rolling back of some tariffs under an initial trade deal signed by the world’s two largest economies on Wednesday, defusing an 18-month row but leaving numerous thorny issues unresolved. Beijing and Washington touted the “Phase 1” agreement as a step forward after months of stop-start talks,... Read More

Oil gains after U.S.-China trade deal, rise in inventories

Oil gains after U.S.-China trade deal, rise in inventories
TOKYO (Reuters) – Oil prices rose on Thursday after the signing of an initial Sino-U.S. trade deal that sets the stage for a surge in Chinese purchases of American energy products, while U.S. crude inventories fell more than expected. FILE PHOTO: The sun sets behind an oil pump outside Saint-Fiacre, near Paris, France September 17, 2019. REUTERS/Christian Hartmann Brent LCOc1... Read More

Ex-Nissan boss Carlos Ghosn’s lawyer Hironaka resigns: NHK

Ex-Nissan boss Carlos Ghosn’s lawyer Hironaka resigns: NHK
FILE PHOTO: Junichiro Hironaka, chief lawyer of the ousted Nissan Motor Co Ltd chairman Carlos Ghosn, attends a news conference in Tokyo, Japan, March 4, 2019. REUTERS/Issei Kato/File Photo TOKYO (Reuters) – Ousted Nissan Motor Co (7201.T) boss Carlos Ghosn’s lawyer, Junichiro Hironaka, has resigned following his client’s flight to Lebanon, NHK reported on Thursday, citing comments from the lawyer.... Read More

World stocks pause at record peak as markets assess U.S.-China deal

World stocks pause at record peak as markets assess U.S.-China deal
TOKYO (Reuters) – World stocks inched ahead to a record high on Thursday after the United States and China signed an initial deal to defuse their 18-month trade war, though financial markets were wary as a number of thorny issues remained unresolved. Investors look at screens showing stock information at a brokerage house in Shanghai, China January 16, 2020. REUTERS/Aly... Read More

World stocks scale record peak on U.S.-China trade deal

World stocks scale record peak on U.S.-China trade deal
TOKYO (Reuters) – World stocks inched to a record high on Thursday after the United States and China signed a deal to defuse their 18-month trade war, which has weighed on global economic growth and hampered investments. Investors look at screens showing stock information at a brokerage house in Shanghai, China January 16, 2020. REUTERS/Aly Song MSCI’s broadest index of... Read More

U.S. and China tiptoe around holes in new trade agreement

U.S. and China tiptoe around holes in new trade agreement
WASHINGTON (Reuters) – The United States and China signed an initial trade deal on Wednesday that will roll back some tariffs and boost Chinese purchases of U.S. products, defusing an 18-month row between the world’s two largest economies but leaving a number of sore spots unresolved. Beijing and Washington touted the “Phase 1” agreement as a step forward after months... Read More

Trump urges Boeing to move fast on resolving 737 MAX issues

Trump urges Boeing to move fast on resolving 737 MAX issues
U.S. President Donald Trump speaks prior to signing “phase one” of the U.S.-China trade agreement in the East Room of the White House in Washington, U.S., January 15, 2020. REUTERS/Kevin Lamarque WASHINGTON (Reuters) – U.S. President Donald Trump on Wednesday urged Boeing Co (BA.N) to move quickly to resolve issues with the grounded 737 MAX, noting the planemaker’s significant impact... Read More