FILE PHOTO: A Huawei logo is pictured at Mobile World Congress (MWC) in Shanghai, China June 28, 2019. REUTERS/Aly Song August 5, 2019 By Brenda Goh and Sijia Jiang SHANGHAI/HONG KONG (Reuters) – When 23-year-old Chinese student Aaron Huang started his hunt for an Android replacement for his Apple <AAPL.O> […]
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Hong Kong protests paralyze travel but leader vows to stay on
Hong Kong — Droves of protesters filled public parks and squares in several Hong Kong districts on Monday in a general strike staged on a weekday to draw more attention to their demands that the semi-autonomous Chinese city’s leader resign. Protesters took over a major road outside the main government […]
Oil prices could crash by $30 if China buys Iranian crude: BofA
Tugboats dock the oil tanker “Daniel” carrying crude oil imported from Iran at the Port of Zhoushan in Zhoushan city, east China’s Zhejiang province, 8 March 2018. Imaginechina | AP Images Crude oil prices could sink by as much as $30 a barrel if China decides to buy Iranian crude […]
‘Start Here’: At least 29 gunned down in Texas, Ohio
It’s Monday, August, 5, 2019. Let’s start here. 1. The weekend’s 1st massacre Twenty people were killed and dozens more injured in a shooting at a Walmart in El Paso, Texas, where thousands were shopping on a busy Saturday morning. Witnesses described hearing endless gunshots as they fled or took […]
Tariff pinpricks on China trade are useless, diplomacy is a better way
U.S. President Donald Trump attends a bilateral meeting with China’s President Xi Jinping during the G-20 leaders summit in Osaka, Japan, June 29, 2019. Kevin Lamarque | Reuters China needs no warning shots about an old trade story. It is now more than three years since Donald Trump told a […]
China worries hit European stocks, HSBC dips
HSBC’s building in Canary Wharf is seen behind a City of London sign outside Billingsgate Market in London, Britain, August 8, 2018. REUTERS/Hannah McKay August 5, 2019 (Reuters) – European shares fell to two-month lows on Monday as anxiety over U.S.-China trade frictions drove investors toward traditional safe-havens including government […]
Flex says China jobs impacted after Huawei row
FILE PHOTO: People walk past a Huawei store in Shenzhen, Guangdong province, China July 10, 2019. REUTERS/Stringer August 5, 2019 By Sijia Jiang HONG KONG (Reuters) – Flex Ltd <FLEX.O>, a contract manufacturer for Huawei that is locked in a dispute with the Chinese tech giant over about $100 million […]
US cybersecurity firm Cloudflare terminates service for online forum after El Paso shooting
Matthew Prince of CloudFlare. Getty Images U.S. cybersecurity company Cloudflare said on Monday it was terminating services to online message board 8chan after the suspected gunman in the weekend’s El Paso shooting appeared to have used the website before he went on a rampage. “We just sent notice that we […]
Longstanding economic frustration is fueling Hong Kong’s protests, expert says
Public frustration over stagnant economic fortunes is helping fuel the increasingly disruptive protests that have coursed through Hong Kong over the last three months, according to a longtime Asia politics watcher. Speaking to CNBC on Monday, David Dodwell, executive director at HK-APEC Trade Policy Group and former Financial Times Asia correspondent, […]
US and China will not likely reach a trade deal this year, says former ambassador
Chinese President Xi Jinping (R) and US President Donald Trump at the Great Hall of the People in Beijing on November 9, 2017. Nicholas Asfouri | AFP | Getty Images The latest escalation in tensions between the U.S. and China has reduced the chances that both sides could reach a […]