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. » Read More
By: Holly Ellyatt
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. » Read More
By: Weizhen Tan
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. » Read More
By: Evelyn Cheng
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. » Read More
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 markets posted gains on Wednesday afternoon, as investors tried to minimize concerns surrounding escalating trade tensions between the U.S. and China.
In the past few weeks, economic troubles have hit Turkey and Argentina, leading to a selloff in emerging currencies, including in Asia.
Chinese Premier Li Keqiang said claims that the recent slide of the yuan against the U.S. dollar was an intentional policy decision from Beijing were "simply not true."
The world's second-largest economy will "outlast" its tariff war with Washington and "emerge stronger," the China Daily newspaper said in an editorial.
Hans Redeker also claimed the market is failing to understand the impact of the Federal Reserve unwinding its balance sheet.
The Chinese Commerce Ministry has said the country has no choice but to retaliate against the latest round of U.S. tariffs in order to safeguard its rights and interest in a free trade world.
A project's ability to generate strong economic returns should be the biggest determining factor for governments, says Joachim von Amsberg, vice president of policy and strategy at the Asian Infrastructure Investment Bank.
Political, civil and economic turmoil in Jordan's neighboring countries Syria and Iraq has been "really tough" on the domestic economy, Jordan's Minister of Investment told CNBC.
The impact on the Chinese economy from the trade tariffs will be small, and China markets are still attractive despite slumping this year, said the chairman of UBS's Greater China investment banking arm.
President Donald Trump's latest trade actions could push up car prices in Michigan, Governor Rick Snyder told CNBC at the World Economic Forum in Tianjin.
Those tariffs will rise to 25 percent at the end of the year as Trump escalates a trade conflict with the world's second-largest economy.
Beijing long turned to big banks to help get its way in Washington, but the old back channels have proven ineffective when it comes to trade tensions.
U.S. sanctions on Iran's oil industry are unproductive and there will be consequences to such a move, Russian Energy Minister Alexander Novak said.
While the U.S. president's "crazy" ways have worsened trade tensions, he's only a symptom of world developments that have hastened the tensions, pointed out Dani Rodrik, a professor at Harvard University.
The U.S. president is used to compromising in deal-making but it remains to be seen whether China can do the same, according to Martin Gilbert, co-chief executive of Standard Life Aberdeen.