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Economy

Plouffe said an informal agreement between the two leaders to make things easier for American producers competing with Chinese imports would be the most likely outcome from the meeting. Beijing in return would like greater protection for Chinese investment in the USA, which tripled a year ago to more than $45bn, and for Washington to relax curbs on the sale of certain high-tech products to China.
  • Russia ties worse since Trump took office: Putin

    Economy

    Afterwards, Tillerson pointed out the high stakes. Russia's deputy United Nations envoy, Vladimir Safronkov, said the draft resolution laid blame prior to an independent investigation. Mr Putin said he believed the U.S. would launch more missile strikes, and rebels were planning to stage chemical attacks to provoke more strikes. Russian Federation denies that and says that this needs to be investigated.
  • Yen hits multi-month highs as risk-off mood persists

    Economy

    E-mini futures for the S&P 500 also turned firmer having spent the Asian session in the red. NEW YORK, April 11 Investors sought shelter in gold, U.S. has filed for bankruptcy protection, reported unaudited earnings Tuesday, projecting a loss of 1.01 trillion yen ($9.2 billion) for the fiscal year that ended in March.
  • China Inflation Cools In March

    China Inflation Cools In March

    Economy

    Yesterday's reading follows data showing a further expansion in factory activity driven by a pick-up in production and demand last month, while economic growth came in slightly better than expected at the end of past year. Top listed steelmaker Baoshan Iron & Steel (Baosteel) said on Monday it has cut prices for May delivery, ending a long streak of price hikes. Adding to easing producer inflation is a deceleration in global oil price growth, according to estimates by ING's chief Asia ...
  • Asian shares mixed as Trump talks down US dollar

    Economy

    Zhu said China should work hard to promote the yuan's worldwide use partly because that its inclusion in the Special Drawing Rights currency basket of the global Monetary Fund is not permanent, and that the composition of basket will be reviewed in 2020.
  • Donald Trump says U.S. dollar 'getting too strong'

    Economy

    The US dollar fell broadly on Mr Trump's comments on both the strong dollar and interest rates, while US Treasury yields fell on the interest rate comments, and Wall Street stocks slipped. Imports rose 20.3 percent to $156.6 billion, down from the January-February rate of 26.4 percent. Oil rose 22 cents to $53.62 a barrel in electronic trading on the New York Mercantile Exchange.
  • Wichita 26th worst city for dog attacks on postal workers

    Wichita 26th worst city for dog attacks on postal workers

    Economy

    Postal Service shows that the problem persists even after years of consumer education. Los Angeles, which took over the top spot from Houston this year, reported 80 dog attacks on postal workers in 2016. A total 6,755 USA postal employees were attacked by dogs in 2016, according to the Postal Service . A national report released Thursday ranked Denver among the worst in the country for dog attacks on postal workers.
  • Kremlin says no positive shift yet on Russia-US ties

    Economy

    Despite hopes of an improvement in Russia-US ties under Trump, the Tillerson-Lavrov talks look set to be dominated by the split over Syria - where more than 320,000 people have died in six years of war. Western allies blamed the Syrian government of Bashar al-Assad and US President Donald Trump ordered missile strikes against a Syrian air force base in response.
  • Ad firm proud of 'Fearless Girl' statue

    Ad firm proud of 'Fearless Girl' statue

    Economy

    The sculptor's lawyers today say they want the girl moved, according to the Associated Press . Now that the controversial Fearless Girl statue is set to stay in NY until at least February 2018, the artist behind the nearby " Charging Bull " statue is anxious that Bowling Green's newest semi-permanent addition will forever alter the message of his most famous work.
  • Senate confirms Supreme Court nominee Neil Gorsuch

    Senate confirms Supreme Court nominee Neil Gorsuch

    Economy

    At 49, he is decades younger than several of the other justices - two are in their 80s and one is 78 - raising the possibility that President Donald Trump will have a chance to appoint more conservatives to a court that has been somewhat balanced in recent years.
  • Trump leaning on Xi Jinping to put the clamps on North Korea

    Economy

    In a telephone conversation he had today with US President Donald Trump , Chinese President Shi Tzinpingk called for a peaceful resolution of the problem posed by North Korea. In another tweet, he sought to persuade Xi to put pressure on North Korea in exchange for a good trade deal with the U.S. He wrote: "I explained to the President of China that a trade deal with the U.S.