Trump said he doesn't see a recession after the bond market spooked investors and the Dow suffered its worst day of the year last week.Marketsread more
The U.K. prime minister prepares to meet his German and French counterparts this week.Europe Politicsread more
Amazon is raising seller fees for thousands of small and medium-sized businesses in France because of a new digital tax passed by the French government.Technologyread more
U.S. stock index futures point to a higher open on Monday morning as the White House sought to calm investors over growing concerns about the U.S. economy.US Marketsread more
Ahead of the deadline, U.S. President Donald Trump told reporters that Huawei was a national security threat.Technologyread more
Bianco Research's James Bianco suggests Wall Street is desperately looking for a signal that a 50 basis point cut is coming next month.Trading Nationread more
Baidu is gearing up to release its second-quarter earnings on Monday with the market expecting a sharp decline in profit.Technologyread more
Americans now say they approve of free trade by 64%-27%, a margin of better than two to one. That's up from 57%-37% early in Trump's presidency, and 51%-41% near the end of...Politicsread more
Stocks in Asia rose on Monday as U.S. Treasury yields bounced higher after plunging last week.Asia Marketsread more
The problem with tanking equities lies elsewhere, writes Michael Ivanovitch, because traders see no end to America's unfolding trade disputes with Europe and China.World Economyread more
Beijing wants to use reforms to support a slowing economy.China Marketsread more
The Chinese state agricultural conglomerate COFCO Group recently purchased a batch of soybeans amounting to "millions of tonnes" from the United States, it said in a notice on Saturday.
The purchase was part of the company's efforts to implement a "consensus" on trade agreed between China and the United States, it said in a notice on its website.
Soybeans have been a crucial element in simmering trade tensions between the two countries. China - the world's biggest soybean importer - cut off purchases from the United States in 2018, sending prices tumbling and leaving U.S. farmers struggling to sell off their record harvest.
Purchases ceased in July after Beijing slapped 25 percent tariffs on U.S. soybeans and other goods, retaliating against similar tariffs imposed by Washington.
The tit-for-tat trade war was enough to bring full-year Chinese soybean exports from the United States down to their lowest level since 2008, with shipments down by half at 16.6 million tonnes.
However, the two countries agreed a 90-day truce at the beginning of January, allowing China to resume purchases.
China offered to buy another 5 million tonnes of U.S. soybeans in the latest round of trade talks, a White House official said on Thursday.
However, market analysts warned that U.S. exports to China were unlikely to return to previous levels even if the two countries settled their trade dispute, with China expected to turn more to South America and other suppliers.