Economy
World Economy
featured
Tencent in a statement issued on the 8th of July, said it plans to spin off its streaming music service on a U.S. stock exchange. » Read More
By: Cheang Ming
Shares of Chinese smartphone maker Xiaomi stumbled on their debut in Hong Kong on Monday, opening for trade down more than 2 percent. » Read More |
The U.S. administration should negotiate with trading partners rather than shooting tariff hits to stop decades of rising trade deficits and foreign debt. » Read More |
By: Thomas Catenacci
CNBC keeps track of President Donald Trump's most outrageous, news-making and world-changing statements each week, so you don't have to. » Read More |
More
Investors looking for protection against an intensifying trade war between the United States and its allies should buy shares of domestic companies, according to strategists. Utilities could also benefit if this is a prolonged conflict, some said.
Distributors of U.S. goods from lobster to bourbon face uncertainty after being hit by retaliatory tariffs from China.
-
Trump is scheduled to meet with both Prime Minister Theresa May and Queen Elizabeth II in between summits with NATO and Russian President Vladimir Putin.
Djibouti, a tiny state located on the Horn of Africa, has just opened its Chinese-built International Free Trade Zone.
China implements retaliatory tariffs on imports from the U.S. immediately after new U.S. duties take effect.
- As China exchanges retaliatory tariffs with the US, it may play 'tit-for-tat game at sea' with Tokyo
"Japanese warships entering the South China Sea would be considered a political and diplomatic provocation to China no matter what excuse it used," a Chinese state media editorial said.
The Trump administration Friday began imposing tariffs on as much as 25 percent on $34 billion in Chinese imports. Beijing implemented retaliatory tariffs on some imports from the U.S., state media reported about two hours later.
If tariffs threatened by President Donald Trump result in falling Chinese exports to the U.S., there will be knock-on effects for the rest of Asia.
-
U.S. tariffs on $34 billion worth of Chinese goods kick in, escalating a war of words between the world's two largest economies into a full-blown trade conflict. China immediately retaliates and calls it the "biggest trade war in economic history."
As trade tensions continue, U.S. farmers are caught in the crossfire.
Chinese smartphone maker Xiaomi is ready to put its business to the verdict of investors with an IPO in Hong Kong, but a disappointing pricing and a listing delay in mainland China are casting a cloud over its debut.
Some money managers are increasingly nervous about an upcoming recession amid higher interest rates and tighter credit availability.
Country leaders fear that Donald Trump will again go on the attack over defense spending.
Egypt is making progress with economic reforms and is “open for business,” the country’s minister of investment and international cooperation told CNBC Thursday.
New Delhi may intensify its crackdown on radical cells in Kashmir risks as Modi makes national security a priority ahead of 2019 elections.
Goldman Sachs said it maintained its "Overweight" assessment of the commodities space, and said it has a 12-month expected return of 10 percent.
Contact World Economy
-
CNBC NEWSLETTERS
Get the best of CNBC in your inbox
Get these newsletters delivered to your inbox, and more info about about our products and services.By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.▲