More than 400 Chinese products will be temporarily exempted from tariffs that President Donald Trump's administration imposed last year.China Economyread more
Apple will get a taste of whether upgraded features on the new iPhone 11 are enough to lure shoppers to retail stores around the world as the new smartphones officially hit...Technologyread more
The complaint made by an unnamed intelligence official about the president centers on Ukraine, the Washington post reported.Politicsread more
As tensions might drag over the next decade, investors have to learn to operate under prolonged uncertainty, said Warburg Pincus' Charles Kaye.World Economyread more
U.S. Vice President Mike Pence on Thursday struck an unyielding tone on America's position in its trade war with China.Delivering Alpharead more
Billionaire investor Howard Marks, the co-chairman of Oaktree Capital, predicts there won't be a recession in the U.S. for another two years.US Economyread more
Network officials also said voters should expect more of a Koch focus on grassroots activism throughout the 2020 election cycle.Politicsread more
One person was killed and five others wounded on Thursday in a shooting on the streets of Washington, D.C., not far from the White House, police said.U.S. Newsread more
Stores are extending hours and cities are spending on light shows as China tries to encourage consumers to spend more money at night.China Economyread more
New research suggests fewer girls pursue careers in STEM — science, technology, engineering and math — because they're better than boys at reading.Closing The Gapread more
Stocks in Asia Pacific edged up on Friday as investors digested a series of developments overnight on the U.S.-China trade front that dampened hopes of a deal being reached...Asia Marketsread more
Speaking to CNBC on Friday, Felix Brill, the head of investment solutions at Liechtenstein-based VP Bank, said investors should expect more market volatility due to the ongoing trade war negotiations between Washington and Beijing. Still, he ultimately expressed optimism that China's leaders will keep their economy together.
"The Chinese economy is, at the moment, a bigger cause of concern right now compared to the U.S. economy," Brill told CNBC's "Squawk Box."
He added that there are "clear signs" that China's economy is slowing in the short term, and there may be more dragging on the nation as it looks to transition its economic model from one led by exportation to a more consumption-driven approach. Adding the tariff battle between the two largest economies just means growth will be "a bit more difficult" for Beijing, he noted.
But, Brill said, that doesn't mean China won't be able to push through those challenges.
"This is some cause for concern in the short term, but I'm confident that the Chinese authorities, again, will step in and implement additional measures to support the economy," he said.
As for how markets will react to the continued trade war gyrations, Brill said to expect more "swings."
Washington and Beijing are careening toward the March conclusion of a 90-day agreement not to implement new tariffs on each other, but analysts have seen some positive signs out of this week's three-day round of talks in Beijing.
That won't be enough, though, and there are still some thorny issues left to iron out, Brill said.
"The market sentiment will be very much dependent on what's going on in the trade talks," he said. "We've seen some progress this week, some good news, but it was just a start. I think there (are) still some obstacles along the way and we're far away from really a solution."
"So this is going to weigh from time to time on markets — but in case we see progress, it can always be also relief for markets and spur some good market movements," he added.
Overall, Brill said he was taking a neutral stand on stocks. Last month's declines corrected some of the excesses in valuations, he said, but there were still significant risks — including the ongoing U.S. government shutdown — on the horizon.
"For us it's too early to go really strong into the markets already now ... because we have still some severe uncertainties weighing on markets: The economic outlook is clouded by quite a bit of uncertainty — with the shutdown, not only the trade talks," he said. "So, it very much depends what the next couple of weeks will bring."