The escalating trade war between Washington and Beijing dominated discussions at the G-7 gathering in France.Politicsread more
The latest round of tariff announcements in the last few days means that by the end of the year, essentially all Chinese goods exported to the U.S. will be subject to duties.China Economyread more
Futures fell after Trump said the U.S. will raise tariffs on more than $500 billion worth of Chinese imports, increasing trade tensions.Marketsread more
Tensions stemming from the U.S.-China trade war escalated sharply over the last few days, with much happening as Asian markets were shut down for the weekend.China Economyread more
Clouding the G-7 gathering, which represents the world's major industrial economies, are the tit-for-tat tariffs between Washington and Beijing.Politicsread more
Neither the U.S. nor China wants to be seen as the party that derailed trade talks, says William Reinsch of Center for Strategic and International Studies.World Economyread more
China said Friday it will be resuming 25% duties on U.S. autos, and a further 5% on auto parts and components.Asia Marketsread more
World leaders, environmental groups and celebrities have publicly decried the vast swaths of forest being destroyed by the fires.World Newsread more
Education Minister Ong Ye Kung says the Singapore government has been preparing for the challenge of an aging workforce "for the past 20 years."Employmentread more
Megvii is known for its facial recognition technology and while revenue grew over 350% in 2018, its losses have widened.Technologyread more
Stocks in Asia fell Monday afternoon following an escalation in the U.S.-China trade war late last week.Asia Marketsread more
U.S. government debt yields were lower Thursday as investors pored over the latest news in the data and central bank spaces.
The yield on the benchmark 10-year Treasury note sat lower at around 2.325 percent at 2:42 p.m. ET, while the yield on the 30-year Treasury bond was down at 2.829 percent. Bond yields move inversely to prices.
Data was a key subject of interest Thursday.
First-time claims for state unemployment benefits were totaled 222,000 versus the 240,000 expected, down slightly from the 243,000 reported for the previous week, according to Reuters.
Looking to central banks, the question of who will be named as the next chair of the U.S. Federal Reserve continues to linger.
On Wednesday, White House spokeswoman Sarah Sanders said that U.S. President Donald Trump would likely announce his decision on who will take on the role of Fed chair in the "coming days," according to Reuters.
At present, reports suggest five leading figures are in the running for the position, including current Fed Chair Janet Yellen, whose term expires in early 2018.
While a Monday report showed that President Donald Trump was impressed by Stanford University economist John Taylor, Fed Gov. Jerome Powell and former Fed Gov. Kevin Warsh are also considered top contenders.
In politics, concerns surrounding Catalonia are expected to linger at the back of investors' minds, after news emerged that the Spanish central government would move to suspend Catalonia's autonomy after the regional leader failed to drop a bid for independence.