
Articles
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3 days ago |
lse.co.uk | Koh Gui Qing |Naomi Rovnick
U.S. and China reach deal to temporarily slash tariffs * Wall Street stocks leap * Dollar jumps 2% against Japanese yen, Swiss franc tumbles * Gold drops sharply after stunning rally, government bonds weak By Koh Gui Qing and Naomi Rovnick NEW YORK/LONDON, May 12 (Reuters) - Global shares rallied, while gold and safe-haven currencies slumped against a resurgent dollar on Monday as the U.S. and China agreed to temporarily slash harsh reciprocal tariffs and cooperate to avoid rupturing the...
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3 days ago |
marketscreener.com | Koh Gui Qing |Naomi Rovnick
NEW YORK/LONDON (Reuters) -Global shares rallied, while gold and safe-haven currencies slumped against a resurgent dollar on Monday as the U.S. and China agreed to temporarily slash harsh reciprocal tariffs and cooperate to avoid rupturing the global economy. Following weekend talks in Geneva, both sides agreed that the U.S. would drop levies on Chinese imports from 145% to 30% during a 90-day negotiation period and China would cut duties from 125% to 10%.
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3 days ago |
marketscreener.com | Koh Gui Qing |Naomi Rovnick
NEW YORK/LONDON (Reuters) -Global shares rallied, while gold and safe-haven currencies slumped against a resurgent dollar on Monday as the U.S. and China agreed to temporarily slash harsh reciprocal tariffs and cooperate to avoid rupturing the global economy. Following weekend talks in Geneva, both sides agreed that the U.S. would drop levies on Chinese imports from 145% to 30% during a 90-day negotiation period and China would cut duties from 125% to 10%.
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1 week ago |
kfgo.com | Koh Gui Qing |Jonathan Stempel
By Koh Gui Qing and Jonathan StempelOMAHA, Nebraska (Reuters) -When Greg Abel succeeds Warren Buffett at the helm of Berkshire Hathaway at the end of this year, he is expected to preserve the culture at the behemoth even if he does not match the star power of his legendary boss.
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2 weeks ago |
zawya.com | Koh Gui Qing
All American exports to China worth $140.7 billion last year now face a retaliatory Chinese tariff of at least 125%, putting at risk hundreds of thousands of American jobs that support the exports, the US-China Business Council said on Tuesday.
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