ZTE’s settlement with the U.S. Commerce Department that would allow China’s No. 2 telecommunications equipment maker to resume business with U.S. suppliers was made public on Monday, days after the company agreed to pay a $1 billion fine, overhaul its leadership and meet other conditions. But the ban on buying U.S. parts, imposed by the […]
Read moreNorth Korean leader Kim Jong Un on Tuesday signed an agreement that “reaffirmed his firm and unwavering commitment to complete denuclearization of the Korean Peninsula.” That may sound promising, but many experts warned ahead of the historic summit between Kim and U.S. President Donald Trump that North Korea likely has a different understanding of what […]
Read morePresident Donald Trump and North Korean leader Kim Jong Un signed an agreement at the conclusion of Tuesday’s historic summit. Here’s what it says, according to a photo of Trump’s signed document: Joint Statement of President Donald J. Trump of the United States of America and Chairman Kim Jong Un of the Democratic People’s Republic […]
Read moreEuropean shares are set for a higher open Tuesday after U.S. President Donald signed a deal with the North Korean leader, with the latter claiming there will be a major change in the world. The FTSE 100 is seen up by 5 points at 7,751; the DAX is set to open up by 49 points […]
Read moreTech is a no brainer for investors. But a simple investment theme for the sector is being badly executed. Investors are too narrow in their focus, chasing Nasdaq and FANG (Facebook, Amazon, Netflix and Google) stocks similar to how investors often play emerging markets in a simple fashion. Investor sentiment is cautious, except when it […]
Read more“We never pre-commit.” This was the rule broken last week by the European Central Bank’s Chief Economist Peter Praet, one of the more dovish members of the bank’s Governing Council, as he openly said it would start to discuss the gradual exit from of its quantitative easing (QE) program this week at its meeting in […]
Read moreU.S. President Donald Trump and North Korean leader Kim Jong Un participated in a working lunch Tuesday, following their face-to-face meeting at the highly anticipated summit in Singapore. American delegation members at the lunch included U.S. Secretary of State Mike Pompeo, White House Chief of Staff John Kelly and National Security Advisor John Bolton. North […]
Read moreGlobal coverage in the lead up to the historic meeting between leaders of North Korea and the U.S. has been extensive, but citizens in the hermit nation were kept in the dark until Monday. North Korean state media first mentioned the summit one day after the country’s leader, Kim Jong Un, arrived in Singapore for […]
Read moreU.S. President Donald Trump and North Korean leader Kim Jong Un met face-to-face Tuesday morning for their highly anticipated summit. After briefly shaking hands and taking a photo side-by-side, the two leaders moved into another room where they sat in chairs and made brief statements for the press. “We’re about to have a great discussion,” […]
Read moreTuesday’s meeting between President Donald Trump and North Korean leader Kim Jong Un could alter Asia’s security situation regardless of whether the leaders reach an agreement. First, the heart of any potential deal is centered on the definition of denuclearization. Pyongyang has previously said it may only dismantle nuclear weapons if Washington removes its 28,500 […]
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