By Nevzat Devranoglu GIRESUN, Turkey (Reuters) – Turkish Finance Minister Mehmet Simsek said he will meet with rating agencies, investors and companies planning to shift supply to Turkey during a visit to the United States this week. “I will be in America this week for the IMF, World Bank and G20 meetings. We will meet …
Turkey’s Simsek to meet ratings agencies, investors on US trip Read More »
BEIJING (Reuters) -Chinese ports operator Cosco Shipping said in a statement on Monday it opposed accusations by the United States and measures against China’s shipbuilding and logistics industry. “The move is not conducive to fair competition and normal business operation order in the global shipping industry,” the state-owned conglomerate said. (Reporting by Yukun Zhang and …
SEOUL (Reuters) -South Korea’s Hyundai Motor Group said on Monday that it has signed a memorandum of understanding with Posco Holdings for cooperation on its planned U.S. steel plant. Posco will make an equity investment in Hyundai Motor Group’s steel factory project in Louisiana, the group said in a press release. The steelmaker was also …
South Korea’s Hyundai, Posco agree to cooperate on US steel plant Read More »
(Reuters) – Chicago Federal Reserve President Austan Goolsbee said on Sunday that he hopes the United States is not moving to an environment where the ability of the central bank to set monetary policy independent of political pressure is questioned. Goolsbee, responding to a question on CBS’ “Face the Nation” about President Donald Trump’s outbursts …
SEOUL (Reuters) – South Korea and the United States will hold trade consultations this week in Washington at the suggestion of the United States, Seoul’s trade ministry said on Sunday. Finance Minister Choi Sang-mok and Trade Minister Ahn Duk-geun will meet with Trade Representative Jamieson Greer and Treasury Secretary Scott Bessent on the sidelines of …
South Korea, US, to hold trade talks this week, Seoul says Read More »
By Lewis Jackson (Reuters) -China’s ambassador to the United States, Xie Feng, has urged Washington to seek common ground with Beijing and pursue peaceful coexistence while warning that China stood ready to retaliate in the escalating trade war. Speaking at a public event in Washington on Saturday, details of which were posted on the Chinese …
China’s US envoy urges end to trade war, but warns Beijing ready to fight Read More »
By Kalea Hall DETROIT (Reuters) -General Motors’ Buick was on a roll. Sales for the once-stodgy brand were up 39% in the first quarter with a refreshed lineup of compact SUVs including the Envision, Encore GX, and the Envista, its top-selling SUV for under $30,000. Then President Trump’s tariffs hit. Buick’s three most popular models …
Buick finally had cars Americans wanted to buy – then came tariffs Read More »
By Andrea Shalal WASHINGTON (Reuters) -White House economic adviser Kevin Hassett on Friday said President Donald Trump and his team were continuing to study if they could fire Federal Reserve Chair Jerome Powell, a sign that such a move, a matter of great consequence for the central bank’s independence and for global markets, is still …
Trump studying whether to fire Fed Chair Powell, adviser says Read More »
By Hannah Lang, Judith Langowski (Reuters) -Last week, a pack of rice crackers at Sun Vin Grocery store on Mulberry Street in New York City’s Chinatown cost $4.99. But this week, after President Donald Trump’s tariffs on items imported from China took effect, the same crackers have a new price: $6.99. Chinatowns across the U.S. …
Chinatown merchants in the US are feeling the bite of tariffs Read More »
By Ernest Scheyder (Reuters) -The White House on Friday said it will fast-track permitting for 10 mining projects across the United States as part of President Donald Trump’s push to expand critical minerals production. The projects – which would supply copper, antimony and other minerals – have been granted FAST-41 status, a federal initiative launched …
Trump to fast-track permitting for 10 mining projects across US Read More »
