A man holding a Malaysian flag in the capital city of Kuala Lumpur. Manan Vatsyayana | AFP | Getty Images An escalation in the trade war between the U.S. and China in recent weeks has led several large banks to upgrade Malaysian stocks — a market that foreign investors have […]
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Shares of rare earth miners skyrocket after Beijing threatens to cut off the minerals
Chinese President Xi Jinping discusses the production process and operation of the JL MAG Rare-Earth Co. as well as the development of the rare earth industry in the city of Ganzhou in east China’s Jiangxi Province on May 20, 2019. Xie Huanchi | Xinhua News Agency | Getty Images Shares […]
Expert predicts a US-China trade deal in six months — but the tech war will go on
The U.S. and China will likely reach a trade deal within the next six months — but that won’t end tensions between the world’s two largest economies, according to a political risk consultant. Tensions between Washington and Beijing have increasingly turned toward technology in recent weeks. The U.S. placed Huawei […]
Huawei files new legal action as it tries for a swift end to its lawsuit against the US government
The Huawei logo is display during CES 2018 at the Las Vegas Convention Center on January 9, 2018 in Las Vegas, Nevada. David Becker | Getty Images News | Getty Images Huawei has taken the next step in its legal case against the U.S. government in a bid to expedite […]
Qualcomm asks US judge to put anti-trust ruling on hold while chipmaker appeals
The front of Qualcomm office on November 1, 2017 in San Jose, California. Justin Sullivan | Getty Images News | Getty Images Qualcomm on Tuesday asked a federal judge not to enforce her decision that it illegally squeezed out rivals in the smartphone chips market as it plans to file an appeal that […]
All signs are pointing to a ‘tough year’ for Chinese businesses
Factories in China’s Shandong province. Zhang Peng | LightRocket | Getty Images Judging by the latest reports from Chinese companies, the world’s second-largest economy still has a challenging stretch ahead. Take earnings reports in the last few weeks from the country’s technology giants: Then on Monday, China’s National Bureau of […]
US refrains from calling China a currency manipulator but puts 9 nations on watch list
President Donald Trump speaks about a range of subjects including failed infrastructure talks with Democratic lawmakers, as Agriculture Secretary Sonny Perdue listens during an event to discuss administration efforts to “support America’s farmers and ranchers” in the Roosevelt Room of the White House in Washington, U.S., May 23, 2019. Carlos […]
Cramer Remix: Competition can’t take on this payment juggernaut
PayPal‘s shares were one of the best market performers Tuesday despite the tie-up between Global Payments and Total System Services that’s worth $21.5 billion of stock, CNBC’s Jim Cramer said. The stock climbed 1.72% during the same session, while two major indexes declined nearly 1%. “Every time you see competitors […]
Cramer: Betting on the Fed to cut interest rates is ‘very risky,’ charts show
Stock traders speculating that the Federal Reserve will cut interest rates this year could be making a “very risky bet,” CNBC’s Jim Cramer said Tuesday. Cramer perused Fed Funds Futures analysis by Carley Garner, co-founder of the DeCarley Trading futures brokerage firm. Fed Funds Futures financial contracts are used to […]
Cramer: The US economy ‘could be on the verge of a significant slowdown’
CNBC’s Jim Cramer said Tuesday that investors should balance exposure to the market with storing cash on the sidelines, because there are “some real worries here.” “I think we could be on the verge of a significant slowdown in the U.S. economy if something doesn’t change soon,” the “Mad Money” […]