Trump and the US dollar: Actions speak louder than words

Jul 21 2018

U.S. President Donald Trump may not be happy about the strength of the U.S. dollar, but the greenback’s recent rally may partly be a product of his own making.

Chinese steel output cuts to vary from mill to mill next winter: Official

Jul 21 2018

Production cuts in China’s mammoth steel sector will vary from mill to mill next autumn and winter, said an environmental ministry official, as the country shifts away from a ‘one size fits all’ approach to fighting pollution.

Nepal, China military drill to be held in September

Jul 21 2018

Nepal and China will hold their second joint military exercise in China's Sichuan province from September 17, the Nepali Army announced on Saturday.

US Treasury's Mnuchin watching Chinese yuan weakness for manipulation

Jul 21 2018

The United States is monitoring the recent weakness in China’s yuan currency and will review whether the currency has been manipulated, Treasury Secretary Steven Mnuchin told Reuters.

Trump ready to put tariffs on $500 billion of Chinese imports, CNBC reports

Jul 20 2018

U.S. President Donald Trump on Friday said he was poised to impose tariffs on $500 billion of goods from China, threatening in an interview with CNBC to escalate the current trade clash with the Asian nation.

Merkel: Not clear if EU will rise to challenge of changing world order

Jul 20 2018

It is not yet clear if Europe will adapt quickly enough to rise to the new challenges it faces in taking more responsibility for solving conflicts in the world of the 21st century, German Chancellor Angela Merkel said.

China steps up regulations of $3 trillion bank wealth management products

Jul 20 2018

China’s banking and insurance regulator on Friday released long-awaited draft rules to strengthen regulations of commercial bank wealth management businesses, the latest step by Beijing to fend off systemic financial risks.

Gold price dip sparks little cheer; India buyers unmoved

Jul 20 2018

A drop in prices spurred some interest for physical gold in major Asian hubs this week, but failed to stoke significant demand in India as buyers awaited bigger dips.

Stock futures turn lower as Trump comments fan trade war fears

Jul 20 2018

U.S. stock index futures fell on Friday after President Donald Trump toughened his stance against China and said he was ready to impose levies on $500 billion worth of goods from the Asian nation.

China on "wrong side" of religious freedom: Pompeo

Jul 20 2018

The US will be making the case that religious freedom benefits countries economically and diplomatically, Pompeo said.

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