The escalating trade war between Washington and Beijing dominated discussions at the G-7 gathering in France.Politicsread more
The latest round of tariff announcements in the last few days means that by the end of the year, essentially all Chinese goods exported to the U.S. will be subject to duties.China Economyread more
Futures fell after Trump said the U.S. will raise tariffs on more than $500 billion worth of Chinese imports, increasing trade tensions.Marketsread more
As Washington and Beijing continue to up the ante in their protracted trade fight, the potential of a recession in the U.S. is now "the biggest concern," according to Standard...US Economyread more
Tensions stemming from the U.S.-China trade war escalated sharply over the last few days, with much happening as Asian markets were shut down for the weekend.China Economyread more
Clouding the G-7 gathering, which represents the world's major industrial economies, are the tit-for-tat tariffs between Washington and Beijing.Politicsread more
Neither the U.S. nor China wants to be seen as the party that derailed trade talks, says William Reinsch of Center for Strategic and International Studies.World Economyread more
China said Friday it will be resuming 25% duties on U.S. autos, and a further 5% on auto parts and components.Asia Marketsread more
World leaders, environmental groups and celebrities have publicly decried the vast swaths of forest being destroyed by the fires.World Newsread more
Education Minister Ong Ye Kung says the Singapore government has been preparing for the challenge of an aging workforce "for the past 20 years."Employmentread more
Megvii is known for its facial recognition technology and while revenue grew over 350% in 2018, its losses have widened.Technologyread more
(For a live blog on European stocks, type LIVE/ in an Eikon news window)
Aug 5 (Reuters) - European shares fell to two-month lows on Monday as anxiety over U.S.-China trade frictions drove investors toward traditional safe-havens including government bonds, while HSBC shares dipped 1% after the shock departure of Chief Executive John Flint.
The pan-European STOXX 600 index fell 1% adding to a 2.5% fall on Friday, its worst day so far in 2019, after U.S. President Donald Trump upped the ante on China by slapping 10% tariffs on another $300 billion in imports.
The basic resources index of miners and other commodities firms led declines, with metals prices falling as China's offshore yuan hit a record low, making it expensive for the world's biggest copper consumer to buy dollar-denominated metals.
HSBC shares matched the roughly 1% fall in the pan-European index after it announced Flint's departure after just 18 months in the job.
The Asia-focussed bank, grappling with the escalation of the trade war with China and a swing towards a new round of monetary easing, also reported a 15.9% rise in first-half pretax profit.
Shares in German group Metro fell 6% after Czech businessman Daniel Kretinsky's investment vehicle denied reports it was considering raising its takeover offer price for the German retailer and wholesaler.
Defensive plays real estate and utilities stocks both outperformed. (Reporting by Agamoni Ghosh and Shreyashi Sanyal in Bengaluru; editing by Patrick Graham)