Organizers claimed that nearly 2 million Hong Kong protesters took to the streets Sunday in a rally to demand the city's top official resign a day after she suspended — but...China Politicsread more
African swine fever, which has already ravaged pig herds in China and pushed up food prices there, could also drive up inflation in the other emerging markets, according to...Asia Economyread more
Consumer goods giant Unilever has taken the unusual step of having some of its marketing staff read their own DNA profiles to see whether finding out about their heritage has...Marketing.Media.Moneyread more
Stocks in Asia were mixed on Monday as investors await a U.S. Federal Reserve meeting set to happen later in the week stateside.Asia Marketsread more
In the survey, 66% of Democratic primary voters say they'd be enthusiastic or comfortable about Biden as their nominee to take on President Trump in the 2020 election. Just...Politicsread more
Heavy rains caused unprecedented delays in planting this year and contributed to record floods across the central United States.Agricultureread more
Target's registers were down on Saturday for several hours preventing customers from checking out.Retailread more
Although Cook did not mention companies by name, his commencement speech in Silicon Valley's backyard mentioned data breaches, privacy violations, and even made reference to...Technologyread more
U.S. ambassador to Israel David Friedman called the gesture a "birthday present" to Trump, who turned 73 on Friday.Politicsread more
The outlook for Germany's economy and political stability are more uncertain than ever, writes Michael Ivanovitch.World Economyread more
The agreement, which is on the framework for the plan of adjustment, provide for more than a 60% average haircut for all $35 billion, a 36% haircut on pre-2012 general...Bondsread more
Dalio, the billionaire founder of the world's biggest hedge fund, said China will be able to manage its economy even with a "few bumps" in the short term. China is likely more concerned about the nature of its relationship with the United States going forward, he said.
"Is this going to be a relationship in which there's a sort of give-and-take or is this going to be an antagonistic relationship?" Dalio, of Bridgewater Associates, said in a "Squawk Box" interview. "I don't think they like the term 'trade war' as to trade negotiations or disputes."
The Trump administration is attacking what it sees as unfair trade on a number of fronts. A new round of U.S. tariffs on $16 billion worth of Chinese imports kicked in last month, prompting an equivalent retaliation from Beijing.
Trump warned Friday that he was ready to hit China with an additional $267 billion worth of tariffs. On Monday, China's Foreign Ministry vowed it would respond if the United States takes any new steps on trade.
Dalio said the "warlike" trade talks have probably gotten to a point that is "discomforting" for the Chinese. He said he hopes the U.S.-China relationship doesn't follow a path that is very similar to the one with Japan.
"Where the economic tensions — competing for trade routes, competing for influence in different countries — leads to an antagonism," he said.
Separately, Dalio told CNBC on Tuesday that the current economic cycle is in the seventh inning, predicting it has about two years left to run. To help keep the economy and stocks moving forward, the Federal Reserve should not increase interest rates faster than the market expects, he said.
Bridgewater Associates, with $150 billion in assets under management, was started by Dalio in his two-bedroom apartment in New York City in 1975. Dailo, according to Forbes, has an estimated net worth of $18.1 billion.