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Shares falter as China-US row over Hong Kong wrecks trade deal hopes

Global stocks took a beating today as a fresh row between Washington and Beijing over US legislation on Hong Kong threatened to undermine their trade talks and delay a “phase one” deal that investors had initially hoped to be signed

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China will strive to reach phase one trade deal with US

China will strive to reach a “phase one” trade agreement with the United States as both sides keep communication channels open, the Chinese commerce ministry said today, in an attempt to allay fears talks might be unraveling. China is willing

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Sondland: Trump pushed for investigations on the Bidens

WASHINGTON: A senior US diplomat yesterday described broad involvement at the upper levels of the Trump administration in a pressure campaign against Ukraine, giving testimony that for the first time put the secretary of state and vice president at the

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US Senate passes Hong Kong rights bill backing protesters

The US Senate, in a unanimous vote, passed a legislation yesterday aimed at protecting human rights in Hong Kong amid a crackdown on pro-democracy protest movement that has gripped the Chinese-ruled financial centre for months. Following the voice vote by

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Trump threatens tariff hike if trade deal with China fails

The US would raise tariffs on Chinese imports if no deal is reached with Beijing to end a trade war, US President Donald Trump said yesterday, threatening an escalation of the spat that has damaged economic growth worldwide. Speaking at

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US backs Israel on illegal settlements, angering Palestinians and Arabs

The US yesterday effectively backed Israel’s right to build Jewish settlements in the occupied West Bank by abandoning its four-decade-old position that they were “inconsistent with international law,” a stance that may make Israeli-Palestinian peace even more elusive. The announcement

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US concerned about Hong Kong violence, China must honour freedoms-Pompeo

The US is gravely concerned about deepening political unrest and violence in Hong Kong, Secretary of State Mike Pompeo said yesterday, urging the city’s government to address public concerns and China to honour its promises of liberties. In the US

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Pelosi: Nixon was magnanimous to resign after scandal, unlike Trump

US House Speaker Nancy Pelosi is amplifying her unfavourable comparison of President Donald Trump to fellow Republican Richard Nixon, saying that disgraced president at least cared enough about the country to leave office before his impeachment. The top Democrat in

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US govt proposes 83 per cent increase in cost to become US citizen

The Trump administration yesterday officially proposed an 83-per cent increase in cost to become a US citizen, claiming that “current fees do not recover the full costs of providing adjudication and naturalisation services”, Xinhua news agency reported. “The Department of

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Trump makes final pitch for Republican challenger in Louisiana governor’s race

US President Donald Trump made his final appeal to Louisiana voters yesterday to wrest power from the Deep South’s only Democratic governor in an election later this week, seeking to showcase the power of his support in local races. Trump

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