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China reduced its policy rate and lowered the amount of cash lenders must keep in reserve, as Beijing ramps up efforts to help an economy caught in a second trade war with the US.
MoreChina’s vice-premier He Lifeng will meet US treasury secretary Scott Bessent in Switzerland between 9 and 12 May
MoreTwo Taiwanese life insurers are taking opposite approaches to foreign-exchange hedging after a surge in the island’s currency put hundreds of billions of dollars of their US bond holdings under scrutiny.
MoreAmerican consumers are on the cusp of tough choices because of President Donald Trump’s trade war.
MoreOfficials say administration ‘exploring all options’ after president declared 100% tariff on non-US-produced films
MoreUS President Donald Trump’s top trade officials will meet with their Chinese counterparts this week to discuss a de-escalation of their increasingly ugly and damaging trade war. The future of the global economy is riding on their success.
MoreSmaller companies say costs of Rachel Reeves’s tax rises led to them lay off more workers in April
MoreU.S. stock futures bounced and Asian currencies rose on Wednesday, as investors welcomed news of a meeting between top U.S. and Chinese trade officials, set for the weekend in Switzerland, as a chance to tone down the trade war.
MoreThis marks the 7th time the Government leader has chaired an exclusive meeting to seek solutions to the US's new tariff policy, following key directives from the Party Central Committee, the Politburo, and Party General Secretary To Lam.
MoreThere are many reasons why the US runs persistent trade deficits – a strong dollar is but one of them.
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