9 h. ago Wall Street climbs to new highs on hopes of interest rate cuts

US stocks are rising to more records on expectations that the Federal Reserve will have to cut interest rates soon to help the economy. The S&P 500 climbed 0.4 per cent on Friday. The Dow Jones Industrial Average added 93 points, and the Nasdaq composite gained 0.7 per cent. The action was much stronger in the bond market, where Treasury yields tumbled following the latest weaker-than-expected update on the US job market. That raised expectations for a cut to rates by the Fed later this month....

Politics

9 h. ago US stocks wobble as Wall Street wrangles with whether job market is too weak

US stocks wobbled lower on Friday as Wall Street questioned whether the US job market has slowed by just enough to get the Federal Reserve to cut interest rates to help the economy, or by so much that a downturn may be on the way. After rising to an early gain, the S&P 500 erased it and fell 0.3 per cent below the all-time high it set the day before. The Dow Jones Industrial Average dropped 220 points, or 0.5 per cent, after swinging between an early gain of nearly 150 points and a loss of 400....

Politics

10 h. ago China to Impose Antidumping Measures on EU Pork, Commerce Ministry Says

China to Impose Antidumping Measures on EU Pork, Commerce Ministry Says  The Wall Street Journal

Politics

38 h. ago China is standing up to Trump – unlike US courts, Wall Street or business

Where are the guardrails and checks on US President Donald Trump’s radical agenda? This is a question that was asked frequently in the first three months of his second term as America’s financial and business community came to terms with his fierce assault on the global trading system and his contempt for the rule of law. Yet in the past few months, another, more alarming question has arisen. What if there are no effective restraints on Trump’s policies, or too much damage is done before...

Politics

38 h. ago Why China is the only actor standing against Trump’s radical agenda

Where are the guardrails and checks on US President Donald Trump’s radical agenda? This is a question that was asked frequently in the first three months of his second term as America’s financial and business community came to terms with his fierce assault on the global trading system and his contempt for the rule of law. Yet in the past few months, another, more alarming question has arisen. What if there are no effective restraints on Trump’s policies, or too much damage is done before...

Politics

40 h. ago Shrouded in Mystery, Kim’s Young Daughter Softens His Image in China

Shrouded in Mystery, Kim’s Young Daughter Softens His Image in China  The Wall Street Journal

Politics

61 h. ago Exclusive | China Is Using the Private Sector to Advance Military AI

Exclusive | China Is Using the Private Sector to Advance Military AI  The Wall Street Journal

Events

3 d. ago Russia, China Close In on Pipeline Deal, Leaving Beijing With the Upper Hand

Russia, China Close In on Pipeline Deal, Leaving Beijing With the Upper Hand  The Wall Street Journal

Politics

4 d. ago Chinese, Russian, Indian Leaders Pledge Cooperation, in a Message to Trump

Chinese, Russian, Indian Leaders Pledge Cooperation, in a Message to Trump  The Wall Street Journal

Politics

4 d. ago China Factory Activity Gauge Signals Rebound in Manufacturing

China Factory Activity Gauge Signals Rebound in Manufacturing  The Wall Street Journal

Politics

4 d. ago China Ups Surveillance of Troubled People to Quell Rising Unrest

China Ups Surveillance of Troubled People to Quell Rising Unrest  The Wall Street Journal

Events

5 d. ago SAP Cloud Revenue Surge and China Expansion Drive Strengthen Dividend Stability

SAP Cloud Revenue Surge and China Expansion Drive Strengthen Dividend Stability  Yahoo Finance

Politics

6 d. ago White House moves forward on Trump’s plans for a Department of War: reports

The Trump administration is advancing plans to rename the Department of Defence as the Department of War, the Wall Street Journal newspaper reported on Saturday, citing a White House official, after US President Donald Trump raised the prospect on Monday. Restoring the Department of War name for the government’s largest department would be likely to require congressional action, but the White House is exploring alternative methods to implement the change, the report said. Republican congressman...

Events

7 d. ago Exclusive | Alibaba Creates AI Chip to Help China Fill Nvidia Void

Exclusive | Alibaba Creates AI Chip to Help China Fill Nvidia Void  The Wall Street Journal

Politics

8 d. ago Cambricon Soars on 4,000% Revenue Jump, Signals China's Push to Replace Nvidia

Cambricon Soars on 4,000% Revenue Jump, Signals China's Push to Replace Nvidia  Yahoo Finance

Politics

8 d. ago China’s leading private firms strike gold in overseas markets: survey

While many of China’s companies suffered last year amid soft domestic demand and an uncertain environment for international trade, the country’s leading private enterprises reported a double-digit increase in their overseas revenue according to a recent survey. As ranked by the All-China Federation of Industry and Commerce – a state-adjacent chamber of commerce that functions as a channel between government and private business – the country’s 500 largest private firms generated a combined...

Economics

8 d. ago Wall Street Largely Cheers Nvidia's Outlook Even as China Remains an Overhang

Wall Street Largely Cheers Nvidia's Outlook Even as China Remains an Overhang  Investopedia

Politics

8 d. ago Wall Street Breakfast Podcast: Nvidia Forecasts Zero China Revenue (undefined:NVDA)

Wall Street Breakfast Podcast: Nvidia Forecasts Zero China Revenue (undefined:NVDA)  Seeking Alpha

Politics

8 d. ago Nvidia shares down in premarket on soft data center revenue, China risks

Nvidia shares down in premarket on soft data center revenue, China risks  Investing.com

Events

8 d. ago Nvidia Q2 results ahead, but shares slip on soft data center revenue, China risks

Nvidia Q2 results ahead, but shares slip on soft data center revenue, China risks  Investing.com

Events