world-business
Asian stocks mixed after Wall Street rebound
Beijing, Aug 22 (AP/UNB) — Asian stock markets are mixed Thursday following Wall Street's rebound as investors looked ahead to a speech by the U.S. Federal Reserve chairman for clues about possible interest rate cuts.
6 years ago
Rust-belt China looks abroad as economy slows, tariffs bite
Yingkou, Aug 22 (AP/UNB) — From Thailand to Kenya, trains run on tracks from steel mills in China's northeast, a rust-belt region that is trying to capitalize on a multibillion-dollar national initiative to build ports, railways and other projects abroad.
6 years ago
Trump flip-flops on tax cuts, citing 'strong economy'
Washington, Aug 22 (AP/UNB) — A day after considering cutting taxes to promote economic growth, President Donald Trump on Wednesday changed course and said he would abandon the idea because the nation already had "a strong economy."
6 years ago
Trump acknowledges China policies may mean US economic pain
Washington, Aug 21 (AP/UNB) — President Donald Trump acknowledged his aggressive China trade policies may mean economic pain for Americans but insisted they're needed for more important long-term benefits. He contended he does not fear a recession but is nonetheless considering new tax cuts to promote growth.
6 years ago
Asian shares mostly rise after Wall Street rally on Huawei
Tokyo, Aug 20 (AP/UNB) — Asian shares were mostly higher Tuesday after Wall Street rallied on the U.S. decision to give Chinese telecom giant Huawei another 90 days to buy equipment from American suppliers.
6 years ago
Trump dismisses worries of recession, says economy is strong
Berkeley Heights, Aug 19 (AP/UNB) — President Donald Trump dismissed concerns of recession on Sunday and offered an optimistic outlook for the economy after last week's steep drop in the financial markets.
6 years ago
Economists survey: 34% expect a US recession in 2021
Washington , Aug 19(AP/UNB) — A number of U.S. business economists appear sufficiently concerned about the risks of some of President Donald Trump's economic policies that they expect a recession in the U.S. by the end of 2021.
6 years ago
US tells Congress of plans to sell F-16 fighters to Taiwan
Washington, Aug 17 (AP/UNB) — The Trump administration has informed Congress it plans to sell F-16 fighters worth $8 billion to Taiwan in a move that will inflame already high tensions with China.
6 years ago
US stocks end turbulent week with broad gains
Dhaka, Aug 17 (AP/UNB) -You're not the only one confused about where the economy is headed. Just look at the stock market, where perplexed investors have been sending stocks on a wild ride in August.
6 years ago
Hong Kong cuts taxes to shore up economy amid protests
Hong Kong, Aug 16 (AP/UNB) — Hong Kong's government announced tax cuts and higher social spending Thursday to reverse a deepening economic slump aggravated by anti-government protests and the U.S.-Chinese tariff war.
6 years ago