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
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 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
A spokesperson for the U.S.-backed Syrian Democratic Forces (SDF) has issued a stark warning to the international community.World Newsread more
The potential deal would shift Neumann's already diminished voting power to the Japanese conglomerate, according to the Journal.Technologyread 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
On Friday, Zedd tweeted about the ban, and CNBC verified the claim with his publicist on Saturday.China Politicsread more
Hunter's vows to forgo any foreign work follow a slew of unsubstantiated attacks by President Donald Trump accusing him of corruption.Politicsread more
Apple, the company that created the modern-day smartphone, is relying on technology customers are already extremely familiar with, like cameras, and taking a backseat when it...Technologyread more
Check out the companies making headlines after the bell:
Shares of Micron Technology jumped as much as 9.5% during extended trading after the chipmaker reported better-than-expected third-quarter earnings. The company reported adjusted earnings of $1.05 per share on revenue of $4.79 billion, while Wall Street had expected earnings of 79 cents per share and revenue of $4.69 billion, according to Refinitiv.
Micron CEO Sanjay Mehrotra said on the company's earnings call that Micron has resumed shipments to Huawei. The company suspended shipments to Huawei in May after the Commerce Department added the Chinese smartphone maker to its Bureau of Industry and Security list, Mehrotra said.
Fellow chipmaker Western Digital also rose following Micron's report, gaining as much as 4.3% after hours.
Shares of FedEx rose 2% after hours as the shipping company reported better-than-expected earnings for its fiscal fourth quarter. The Tennessee-based company reported $5.01 adjusted earnings per share on $17.81 billion in revenue, beating estimates of $4.85 earnings per share on $17.79 billion in revenue, according to Refinitiv consensus estimates.