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Oil prices rise as China agrees to more US energy purchases

Oil prices rose today, propelled higher by the long-anticipated signing of an initial trade deal between Washington and Beijing that sets the stage for a potentially huge increase in energy supplies from the US to China. Brent LCOc1 was 33

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US likely to hit China over Uighur ‘abuses’ despite trade talks

The US Congress is poised to hand President Donald Trump a second chance in less than a month to anger the Chinese government and attack its record on human rights, as he tries to deliver a long-sought trade deal with Beijing. Members

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China warns of ‘firm countermeasures’ after Trump signs US Bill on HK

China’s Foreign Ministry today said it will take “firm countermeasures” if the United States continues to interfere in Hong Kong. It said legislation signed by US President Donald Trump yesterday backing protesters in Hong Kong was a serious interference in

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Trump approves legislation backing Hong Kong protesters

US President Donald Trump yesterday signed into law congressional legislation backing protesters in Hong Kong despite angry objections from Beijing, with which he is seeking a deal to end a damaging trade war. The legislation, approved unanimously by the US

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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 warship in disputed South China Sea amidst US – China tensions

WASHINGTON (Reuters) – The U.S. military said one of its warships sailed near the disputed Scarborough Shoal claimed by China in the South China Sea on Sunday, a move likely to anger Beijing at a time of tense ties between

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Lack of US-China trade deal weighs on Asian markets

Markets in Asia were largely down in morning trade on Monday as the lack of a US-China trade deal cast a cloud over the market. Investors watched the latest developments warily in the trade war between the world’s top two

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