Riot police and protesters clashed at Hong Kong’s international airport on Tuesday after flights were disrupted for a second day as the political crisis in the former British colony deepened. Thousands of black-clad protesters jammed the terminal with used luggage carts to barricade entrances and could be heard chanting, singing and waving banners, with some […]
Stocks Rally as U.S. Delays Tariffs on Key Chinese Imports…
U.S. stocks, especially shares of tech companies, and bond yields rallied Tuesday after the White House said tariffs on key Chinese imports would be delayed. Early in the day’s session, equities turned positive on a report that China’s commerce secretary agreed to conduct a phone call in two weeks with U.S. Trade Representative (USTR) Robert […]
Amidst New U.S. Sanctions on Venezuela, Maduro Inks New Deal with China…
With the US sanctioning his regime harder than ever, embattled Venezuelan leader Nicolas Maduro really wants to get China involved. Thursday night, Maduro and representatives from China National Petroleum Corporation, signed an agreement to increase output from their joint venture Sinovensa to 165,000 bpd. Sinovensa, the upgrading and blending facility for Orinoco extra heavy crude […]
Turkey Received $1B Bailout from China as Reserves Ran Out…
The last few months have seen the Turkish Lira rallying, rebounding off record lows, despite nothing positive coming from that country… and now we may have a better idea of how this lift was achieved (or how investors were fooled). As Bloomberg reports, according to two people with direct knowledge of the matter said, Turkey […]
Police in China Hold Massive Anti-Riot Training Amid Hong Kong Tensions…
Around 12,000 police officers participated in an anti-riot training drill on Tuesday in the southeastern Chinese city of Shenzhen, which links Hong Kong to China’s mainland. “A drill will be held to increase troop morale, practice and prepare for the security of celebrations [and] maintain national political security and social stability,” Shenzhen police recently wrote […]
China Allows Currency to Drop – President Trump Responds – Devaluation Lowers Consumer Import Prices…
DOW Stocks Plunge 767 Points as U.S.-China Trade War Deepens…
U.S. stocks went into freefall on Monday, with the Dow Jones Industrial Average down 900 points at its low before curbing some of those losses, ending the session 767 points lower. All three of the major market averages lost about 3 percent led by the tech-heavy Nasdaq Composite in what is the worst session of […]
Beijing Launches DPRK Rockets Over Escalating Trade Tension – Trump Launches Treasury Missile Designating China a Currency Manipulator…
Beijing has once again used their proxy province of North Korea to launch small two short-range ballistic missiles as leverage in the U.S. and China trade confrontation – ” For the fourth time in less than two weeks, North Korea has fired projectiles into the Sea of Japan, a U.S. official said. The two projectiles, […]
Trade War Tariffs Continue to Gnaw Away at China’s Manufacturing Outlook…
New U.S. Tariffs Will Hurt Investment in China…
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