Investors Remain Cautious as China Talks Resume

Stocks moved higher last week after China’s Commerce Ministry announced that it accepted an invitation from the United States to resume trade talks. China’s Commerce Vice Minister Wang Shouwen will meet with U.S. Treasury Department Undersecretary for Internal Affairs Davis Malpass. The meeting will be the first high-level meeting since late June. While the market … Continue reading “Investors Remain Cautious as China Talks Resume”

Bond Report: Treasury yields hold ground, but end week higher as U.S.-China trade tensions ease

Treasury yields saw muted trade Friday as fears over the Turkish lira’s decline were offset by reports that Washington and Beijing were laying the groundwork for possibly ending their protracted trade dispute by November. However, for the week, yields edged higher across debt maturities as appetite for havens abated by the end of the 5-session … Continue reading “Bond Report: Treasury yields hold ground, but end week higher as U.S.-China trade tensions ease”

Dow, S&P 500 end the day and week higher buttressed by optimism over China-U.S. trade talks

U.S. stock benchmarks Friday booked a second straight win, capping a volatile week in August that has been marked by jitters about contagion emanating from Turkey, and a resumption of negotiations between China and the U.S. to possibly end a protected tariff spat. The Dow Jones Industrial Average … Continue reading “Dow, S&P 500 end the day and week higher buttressed by optimism over China-U.S. trade talks”

Google Roundup: Back to China, YouTube Gains, Waymo Deals

Alphabet’s (GOOGL – Free Report) Google is building a search app that will be acceptable to the Chinese government, its YouTube platform has become the second most visited website in the world and its Waymo self-driving unit is testing new use cases through a number of partnerships. Here are the details- Google Going Back to … Continue reading “Google Roundup: Back to China, YouTube Gains, Waymo Deals”

Dow jumps to session peak after report U.S. and China map plan to end trade spat

The Dow Jones Industrial Average in late-afternoon Friday trade jumped to session highs amid reports that the U.S. and China are setting the stage to end a contentious multibillion-dollar tariff dispute by November, according to the Wall Street Journal. The Dow DJIA, … Continue reading “Dow jumps to session peak after report U.S. and China map plan to end trade spat”

U.S., China Draw Up Plan to Settle Trade Dispute by November

Chinese and U.S. negotiators are drawing up a road map for talks to try to end their trade impasse ahead of planned meetings between President Trump and Chinese leader Xi Jinping at multilateral summits in November, said officials in both nations. The planning represents an effort on both sides to keep a spiraling trade dispute—which … Continue reading “U.S., China Draw Up Plan to Settle Trade Dispute by November”

Dow jumps to session peak amid report that U.S.-China map out plan to end trade impasse by November

The Dow Jones Industrial Average in late-afternoon Friday trade jumped to session highs amid reports that the U.S. and China are setting the stage to end a contentious multibillion-dollar tariff dispute by November, according to the Wall Street Journal. The Dow DJIA, … Continue reading “Dow jumps to session peak amid report that U.S.-China map out plan to end trade impasse by November”

CTA Study: China Tariffs Will Cost the U.S. Economy up to $2.4 Billion Annually

ARLINGTON, Va.–(BUSINESS WIRE)–The Trump administration’s consideration of tariffs on Chinese printed circuit assemblies and connected devices would cost the economy $520.8 million and $2.4 billion annually for the 10 percent and 25 percent tariffs, respectively, according to a new study commissioned by the Consumer Technology Association (CTA). “With the economy thriving under President Trump – … Continue reading “CTA Study: China Tariffs Will Cost the U.S. Economy up to $2.4 Billion Annually”

Foxconn Pursues Chip Ambitions With Plans for China Plant

Updated Aug. 17, 2018 8:15 a.m. ET BEIJING— Foxconn Technology 2354 0.13% Group is making a new push into semiconductors, teaming up with a local government in China’s Pearl River Delta to build a chip fabrication plant, people familiar with the matter said Friday. The initiative comes at a time when China is spending billions … Continue reading “Foxconn Pursues Chip Ambitions With Plans for China Plant”

Google CEO: Search Roll-Out “Not Close” In China

Facing internal backlash, the CEO of Alphabet Inc.’s (GOOG) Google, Sundar Pichai, downplayed media reports that the company is about to enter the Chinese market with a censorship-friendly mobile search engine. During a company meeting Thursday, Google’s leader expressed interest in expanding in China but told workers the company wasn’t close to debuting a search product, reported CNBC. What’s … Continue reading “Google CEO: Search Roll-Out “Not Close” In China”

Development and Market of Premix Flour in China 2018-2023 – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Development and Market of Premix Flour in China 2018-2023” report has been added to ResearchAndMarkets.com‘s offering. The bakery industry has had rapid development in recent years, with the introducion of premix flour into the bakery lovers market. Premix flour blends complex materials in the appropriate proportions with authentic flavor, which brings users a … Continue reading “Development and Market of Premix Flour in China 2018-2023 – ResearchAndMarkets.com

Foxconn to Build Semiconductor Plant in China’s Pearl River Delta

Aug. 17, 2018 5:29 a.m. ET BEIJING— Foxconn Technology 2354 0.13% will work with the city of Zhuhai in China’s Pearl River Delta to build a semiconductor plant, people familiar with the matter said Friday. The city of Zhuhai announced on its website Friday that Foxconn, the world’s biggest contract manufacturer known for assembling Apple … Continue reading “Foxconn to Build Semiconductor Plant in China’s Pearl River Delta”

Comtech Telecommunications Corp. Receives $1.9 Million Order from Major Mobile Network Operator in China

MELVILLE, N.Y.–(BUSINESS WIRE)–August 16, 2018– Comtech Telecommunications Corp. (Nasdaq: CMTL) announced today that during its fourth quarter of fiscal 2018, its Tempe, Arizona-based subsidiary, Comtech EF Data Corp., which is part of Comtech’s Commercial Solutions segment, won a tender by a major Mobile Network Operator (MNO) in China to replace the older generation of lower … Continue reading “Comtech Telecommunications Corp. Receives $1.9 Million Order from Major Mobile Network Operator in China”

China Offshore Wind Power Industry Research Report, 2018-2020 – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “China Offshore Wind Power Industry Research Report, 2018-2020” report has been added to ResearchAndMarkets.com‘s offering. In 2017, China installed 319 new turbines for offshore wind power, with a capacity of 1160MW, an increase of 97% over the previous year. The cumulative capacity of the offshore wind power showed an explosive growth, from 150MW … Continue reading “China Offshore Wind Power Industry Research Report, 2018-2020 – ResearchAndMarkets.com

Google Defends Push Into China Amid Censorship Concerns

By Douglas MacMillan Updated Aug. 16, 2018 10:24 p.m. ET Google Chief Executive Officer Sundar Pichai defended to employees the internet giant’s controversial push to do more business in China but said the company is “not close to launching a search product” in the country, according to a person briefed on the comments. Mr. Pichai, … Continue reading “Google Defends Push Into China Amid Censorship Concerns”

The Wall Street Journal: Google ‘not close’ to launching search engine in China, CEO says

Google Chief Executive Officer Sundar Pichai told employees that the internet giant is “not close to launching a search product in China” and is carefully considering how it will do business in the country, according to a person briefed on the comments. Pichai, speaking Thursday at a weekly all-hands meeting in Mountain View, Calif., was … Continue reading “The Wall Street Journal: Google ‘not close’ to launching search engine in China, CEO says”

Google CEO Tells Employees Company Isn’t Close to Launching Search Engine in China

Google Chief Executive Officer Sundar Pichai told employees that the internet giant is “not close to launching a search product in China” and is carefully considering how it will do business in the country, according to a person briefed on the comments. Mr. Pichai, speaking Thursday at a weekly all-hands meeting in Mountain View, Calif., … Continue reading “Google CEO Tells Employees Company Isn’t Close to Launching Search Engine in China”