Asian markets mostly fell Thursday as Donald Trump's ban preventing US companies from using foreign telecoms equipment jolted investors who saw it as targeting Chinese providers and risking another flare-up in an already tense trade war.
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Donald Trump stepped up his battle against Huawei Wednesday, effectively barring the Chinese telecom giant from the US market and adding it to a blacklist restricting US sales to the firm amid an escalating trade war with China.
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The world's oil supply fell last month, the International Energy Agency said Wednesday, amid rising global tensions as US sanctions on Iran tightened and OPEC+ members produced less crude in line with their pact.
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A series of tweets by Donald Trump playing up the chances of a trade deal with China provided a much-needed boost to Asian equities Wednesday but investors trod cautiously as analysts warned of more volatility to come.
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After a deadly crash in Indonesia, American Airlines pilots called a meeting to press Boeing executives for safety changes to the 737 MAX aircraft, US media reported Tuesday.
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President Donald Trump on Tuesday labeled the escalating trade war with China "a little squabble" and again accused Beijing of scuttling an agreement when it was near completion.
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Asian markets extended a global sell-off Tuesday following hefty losses on Wall Street that came in response to China's hike in tariffs on $60 billion of US imports, ramping up tensions in a trade war between the global economic titans.
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British telecoms giant Vodafone announced Tuesday that it recorded a vast annual net loss of 7.6 billion euros ($8.5 billion), hit partly by the sale of its Indian assets.
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Uber shares went into a fresh skid Monday -- more bad news for the global ride-hailing giant, which endured steep declines in it hotly anticipated market debut last week.
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China said Monday it will raise tariffs on $60 billion worth of U.S. goods from June 1, in retaliation for the latest round of U.S. tariff hikes and Washington's plans to target almost all Chinese imports.
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