Analysts say the partial U.S.-China trade deal doesn't touch on thorny issues plaguing both sides, and warn talks could break down again.World Economyread 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 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
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
Chinese President Xi Jinping warned on Sunday that any attempt to divide China will be crushed.China Politicsread more
Syria's Kurds said Syrian government forces agreed Sunday to help them fend off Turkey's invasion.World Newsread 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
Hagibis dropped record amounts of rain for a period in some spots, according to meteorological officials, causing more than 20 rivers to overflow.Asia Newsread more
A spokesperson for the U.S.-backed Syrian Democratic Forces (SDF) has issued a stark warning to the international community.World Newsread more
Morgan Stanley on Tuesday lowered its rating on shares of Cisco Systems to equal weight from overweight, citing slowing growth in the company's networking security business.
"Although Cisco is steadily executing on the Security opportunity we think the current pace is unlikely to offset deceleration in the traditional hardware cycle," Morgan Stanley analyst James Faucette said in a note to investors. "We therefore think it is a good time to step to the sidelines."
Faucette said his firm originally recommended Cisco as a company with an opportunity to grow meaningfully "as customers implement next generation IT infrastructures." Cisco's stock has climbed steadily since October 2011, adding 17 percent over the last 12 months alone.
"But our latest surveys suggest the pipeline for Cisco's Security sales amongst resellers is flattening," Faucette said.
Cisco shares slid 1.1 percent in premarket but recovered their losses in midday trading to close up 0.7 percent at $47.58 a share. Morgan Stanley has a price target of $49 a share on Cisco.