The U.S. had plans to hike duties on at least $250 billion in Chinese goods to 30% from 25% on Tuesday. Despite the partial trade deal, some banks on Sunday wrote that tariff...Marketsread more
Economists polled by Reuters had expected Chinese exports denominated in the U.S. dollar to fall by 3% and imports to decline by 5.2% in September, compared to a year ago.China Economyread more
The industry has pulled in $322 billion over the past six months, the fastest pace since the second half of 2008.Marketsread more
A technical recession occurs when there are two consecutive quarters of economic contraction.Asia Economyread more
"Deepfakes" are being used to depict people in fake videos they did not actually appear in, and can potentially affect elections, diplomacy and how markets move, experts say.Technologyread more
A spokesperson for the U.S.-backed Syrian Democratic Forces (SDF) has issued a stark warning to the international community.World Newsread more
The potential deal would shift Neumann's already diminished voting power to the Japanese conglomerate, according to the Journal.Technologyread more
U.S. President Donald Trump said that both sides reached a "very substantial phase one deal" that will address intellectual property and financial services concerns and...Asia Marketsread more
On Friday, Zedd tweeted about the ban, and CNBC verified the claim with his publicist on Saturday.China Politicsread more
Hunter's vows to forgo any foreign work follow a slew of unsubstantiated attacks by President Donald Trump accusing him of corruption.Politicsread more
Apple, the company that created the modern-day smartphone, is relying on technology customers are already extremely familiar with, like cameras, and taking a backseat when it...Technologyread more
The hedge fund firm, which manages the investments of investor George Soros and his family, bought 385,497 shares of Devon Energy and 149,000 shares of Transocean in the fourth quarter, according to a filing with the Securities and Exchange Commission. The actions appear to be timely, as oil prices and energy stocks have rebounded this month after a months-long slump.
While Brent crude prices fell about 60 percent between June and January, they have rebounded more than 10 percent in February, with Brent crude hitting its highest this year on Tuesday at $63 a barrel.
The S&P energy index, which had fallen about 20 percent between June and January, has rebounded more than 8 percent in February.
Soros's purchase of Transocean shares also came ahead of the company's announcement on Feb. 16 that its chief executive, Steven Newman, was stepping down. Transocean shares are up nearly 4 percent this year.
A Soros spokesman declined to comment.
The firm also dumped its stakes in technology companies Google, Apple, and Intel, while also liquidating positions in Wal-Mart Stores and Netflix during the quarter. By dumping the stake in Apple, the fund missed out on a 16 percent rally in the iPhone maker's shares this year.
Soros sold 17,142 class A Google shares and 67,572 class C shares, 1.1 million Apple shares and 3.9 million Intel shares. The fund, which disclosed a Yahoo position in the third quarter, sold 3.2 million of its 5.1 million shares in the latest period.
Soros is not the only hedge fund to focus on Intel in recent months, as hedge fund manager Jim Chanos of Kynikos Associates told cable television network CNBC in mid-January that he was betting against the company's shares.
General Motors shares have risen nearly 7 percent this year, while those of Herbalife have slumped 8.2 percent.
Read MoreOil's growing rail transport problem