For more than a year, Chrystia Freeland, Canada's foreign minister, and Robert E. Lighthizer, the United States trade representative, have been locked in intense negotiations to rewrite the North American Free Trade Agreement. » Read More
By: Gabriel Wildau and Joe Rennison
Chinese stocks have plummeted this year on concerns about trade war and China's slowing domestic economy, but some investors now say excessive pessimism has created a buying opportunity, The Financial Times reports. » Read More |
By: Nyshka Chandran
Japanese Prime Minister Shinzo Abe may be forced to make some trade compromises when he meets U.S. President Donald Trump in New York next week. » Read More |
Washington "will likely be unimpressed by the specifics announced in Pyongyang, which means the hard work remains for the U.S. negotiators," according to the Center for Strategic and International Studies.
"Now we need to think about whether this current trade war will turn into an economic cold war," said Jing Ulrich, managing director and vice chairman of Asia Pacific at J.P. Morgan Chase.
German beer drinkers and makers are changing. Quality, not quantity, is what German beer drinkers want now, The Financial Times reports.
Turkey's finance minister has slashed the country's economic growth targets and promised to cut public spending by nearly $10 billion as the country tries to rebuild shattered market confidence and find a way out of a currency crisis, The Financial Times reports.
Three-quarters of CFOs expect U.S. trade policy will negatively impact their companies in the coming month, according to the latest CNBC Global CFO Council survey. They are making contingency plans and moving operations as a heated trade war looms.
Chinese tech companies are recognizing that Bahrain is a great hub for e-commerce, says Simon Galpin of the Bahrain Economic Development Board.
The international economic body expects growth to settle at 3.7 percent in both 2018 and 2019.
The dispute over trade and escalating tariffs between the U.S. and China are a "trade skirmish" rather than a trade war, Jamie Dimon, chairman and chief executive officer of J.P. Morgan Chase, told CNBC on Thursday.
More than 45 percent of executives cite consumer demand as their No. 1 risk. This replaces U.S. trade policy as the chief concern in boardrooms around the world.
Escalating trade tensions between the U.S. and China could force emerging markets to implement structural reforms, according Suyi Kim, head of Asia Pacific at the Canada Pension Plan Investment Board.
The escalating trade spat between the United States and China is impacting the autos sector with car-makers finding it tough to plan longer-term projects, Martin Daum told CNBC.
Italy's coalition government looks like it will be sticking to European fiscal rules but tense relations and rivalries are fast developing within the cabinet.
Many of these rising companies are cash rich and maintaining top positions in their respective industries is more important to them, HKEX's Charles Li told CNBC.
The World Economic Forum, which runs the annual conference of world leaders in Davos, Switzerland, is launching a hub in Beijing for government officials, businesses and academics to come up with suggestions for future tech policies.
The issues at stake are so complex so "we can expect that there's going to be a deadlock for some time," said Timothy Stratford, a former assistant U.S. trade representative for China affairs.
European stocks ended Wednesday's session relatively upbeat, as investors shook off concerns surrounding escalating trade tensions.
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