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    China’s forex reserves rise to 7-month peak in March

    07 Apr 2019

    China’s foreign exchange reserves rose for a fifth straight month in March, with the increase exceeding expectations, as growing optimism about the prospects for a U.S.-China trade deal offset concerns over slowing economic growth. Chinese reserves, the world’s largest, rose by nearly $9 billion in March to $3.099 trillion, its highest since August last year, central bank data showed on Sunday.

    New North American trade deal modestly boosts US economy

    20 Apr 2019

    The new North American free trade pact would modestly boost the US economy, especially auto parts production, but may curb vehicle assembly and limit consumer choice in cars, a hotly anticipated analysis from the US International Trade Commission showed.

    US capital goods orders hit record high; jobless claims rise

    25 Apr 2019

    New orders for US-made capital goods increased by the most in eight months in March, hitting their highest level on record and brightening the outlook for manufacturing and the economy.

    Nasdaq hits record, S&P nears all-time high on upbeat earnings

    25 Apr 2019

    The S&P 500 moved closer to its all-time high on Wednesday, while technology stocks nudged the Nasdaq to a record level, as investors took heart from a largely upbeat earnings season.

    Tesla deliveries drop due to shipping challenges

    04 Apr 2019

    Tesla Inc deliveries fell 31 per cent in its first quarter as the electric car maker struggled with its first shipments of the Model 3 sedan to Europe and China due to longer transit times. But the Silicon Valley carmaker reaffirmed its guidance to deliver between 360,000 and 400,000 vehicles this year, and said US orders for its new Model 3 - which was recently made available for $35,000

    South Korean, US telcos roll out 5G services early as race heats up

    04 Apr 2019

    South Korea’s three mobile carriers and top US telco Verizon Communications commercially launched 5G services on Wednesday, ahead of their initial schedules

    China hikes anti-dumping duties on some US, EU steel tubes and pipes

    14 Jun 2019

    China said on Friday it was raising anti-dumping duties on certain alloy-steel seamless tubes and pipes used at utilities and imported from the United States and the European Union.

    US Federal Reserve is inching closer to its first rate cut

    16 Jun 2019

    As President Donald Trump’s trade wars drag on, and the global economy weakens, the US Federal Reserve is inching closer to its first interest rate cut in more than a decade.

    US manufacturing activity grows at slowest pace in May

    03 Jun 2019

    US manufacturing growth slowed further in May to its weakest pace of activity in more than two-and-a-half years, defying expectations for a modest rebound, a national purchasing managers’ survey showed on Monday.

    Stock markets climb as crunch G20 summit gets underway

    28 Jun 2019

    European and US stocks climbed on Friday as investors kept a watch on developments at a G20 summit in Japan, where US President Donald Trump and Chinese counterpart Xi Jinping are due to hold key trade talks.

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