U.S. President Donald Trump warned on Friday he was ready to slap tariffs on virtually all Chinese imports into the United States, threatening duties on another $267 billion of goods on top of $200 billion in imports primed for levies in coming days.
Wall Street's major indexes fell on Friday as U.S. President Donald Trump raised the possibility of additional tariffs on imports of Chinese goods. Fred Katayama reports.
Apple earlier this week in a a letter to the U.S. Trade Representative's office warned that tariffs on $200 billion dollars worth of goods from China would hit some of its products, but President Trump is now threatening a new round of tariffs that would slap duties on all good from China.
The CEO of Kraft Heinz on Friday told Reuters he hopes the United States and Canada can resolve their trade dispute 'at a fast pace.'
FTSE Russell's global markets research director tells Reuters' Fred Katayama that despite tech's big bull run, valuations are not unreasonable.
Turkey's lira and South Africa's rand have bounced back after suffering hefty losses earlier in the week. But, together with the rouble and Argentina's peso, they are still roiled by a swathe of economic crises across emerging markets. Pascale Davies reports.
Pacific islanders are squaring off with China over debt and Taiwan. Tonga’s prime minister is worried about asset seizures; Nauru got into a verbal spat with Chinese diplomats at a recent forum. Chris Beddor and Pete Sweeney explain what the fuss is about.
Shares of Tesla fell tk tk at the open on Friday after news the company's chief accounting officer quit after less than a month on the job and a day after CEO Elon Musk shared a joint with a comedian on a comedy podcast. Zachary Goelman reports.
The release of the film 'Crazy Rich Asians' at the box office last month has highlighted the growing number of super wealthy people in the Asia-Pacific region, but the area has also seen a steep rise in inequality and now hosts two-thirds of the world's working poor, according to the charity Oxfam. Laura Frykberg reports.
The Labor Department said annual worker pay grew by the fastest rate since 2009, suggesting a tight labor market is forcing employers to pay more and America's numerous trade spats have yet to dent the labor market.
Tesla shares dropped the most in two years on Friday, rocked by the departure of its accounting chief after just a month and mounting investor concerns about Chief Executive Elon Musk's behavior after he smoked marijuana on a live webcast. Zachary Goelman reports.
U.S. job growth accelerated in August, and wages notched their largest annual increase in more than nine years. Fred Katayama reports.
A U.S. police investigation into an allegation of rape against JD.com CEO Richard Liu has hammered the e-commerce giant's shares, with the case laying bare risks posed by his iron grip on management and the lack of other leaders to challenge him. Ed Giles reports.
Shares of Tesla are down 25 percent since the infamous "funding secured" tweet from CEO Elon Musk and the electric car company's bonds are trading at all-time lows as some investors bet Musk is on his way out.
With markets bracing for a possible $200 billion of new US tariffs on China, European share markets started nervously after Asian shares slump to a 14-month low. As Laura Frykberg reports, the Aussie dollar was also a casualty of trade fears, falling to its lowest level in two and a half years.
British Airways was forced to apologise on Friday after the credit card details of hundreds of thousands of its customers were stolen over a two-week period in the worst ever attack on its website and app. Pascale Davies reports.