Latest International trade News
China's manufacturing still sluggish as virus hits exports
BEIJING (AP) — China's manufacturing activity expanded in May but at a sluggish pace for the second straight month as the coronavirus pandemic weighed on the global economy. A monthly purchasing managers’ index issued Sunday slipped to 50.6, down from 50.8 in April. A reading above 50 means that...
AP Explains: Trump actions on Hong Kong just threats for now
WASHINGTON (AP) — President Donald Trump has announced what he said are “significant actions” regarding U.S. relations with Hong Kong. But the measures are still just a warning, at least for now. He said he would direct his administration to begin eliminating the policies that give the...
The Latest: 400 German managers, workers returning to China
The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR: — Two United Nations peacekeepers serving in Mali have died...
Stocks erase a loss as worries over China tensions fizzle
Stocks closed out a solid week on Wall Street Friday with a late-afternoon rebound after worries that President Donald Trump would reignite a costly trade war with China faded. The benchmark S&P 500 index rose 0.5%, recovering from a 1% slide, after Trump outlined several actions in response to a move by...
US charges North Koreans in $2.5B sanctions-busting scheme
WASHINGTON (AP) — The Justice Department has accused a network of North Korean and Chinese citizens of secretly advancing North Korea’s nuclear weapons program by channeling at least $2.5 billion in illicit payments through hundreds of front companies. The indictment, unsealed Thursday in...
China demands US withdraw sanctions on tech suppliers
BEIJING (AP) — China demand Monday that Washington withdraw export sanctions imposed on Chinese companies in the latest round of a worsening conflict over technology, security and human rights. The foreign ministry accused the Trump administration of interfering in China's affairs by adding eight companies...
Asian shares fall on US friction with China, Hong Kong fears
BANGKOK (AP) — Shares slipped in Asia on Friday as tensions flared between the U.S. and China and as more job losses compounded the economic fallout from the coronavirus pandemic. Hong Kong’s benchmark led regional losses, dropping 3.9% to 23,332.78 after the central government in Beijing said...
Retailers reopening more stores, tourism expanding
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Thursday related to national and global response, the work place and the spread of the virus. ________________________ RETAIL ROUNDUP: Macy’s warns it could lose more than a $1...
White House report blasts Chinese 'malign activities'
WASHINGTON (AP) — Beyond its hard-hitting rhetoric against China over its handling of the coronavirus, the White House has issued a broad-scale attack on Beijing's predatory economic policies, military buildup, disinformation campaigns and human rights violations. The 20-page report does not signal a...
India-Nepal territorial dispute flares over road to Tibet
NEW DELHI (AP) — A long-running territorial dispute between India and Nepal has flared over a new Indian-built road to a revered Hindu pilgrimage site in Tibet that Nepal says passes through its territory. India has issued a strongly worded statement in which it objected to a new map issued by the Nepalese...
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