Category

Trade War

US corporate bond sales surge past the $1 trillion threshold at the fastest pace ever Trade War

US corporate bond sales surge past the $1 trillion threshold at the fastest pace ever

Timothy A. Clary/AFP/Getty Images Investment-grade corporate bond sales topped the $1 trillion threshold at the fastest pace in history, Bloomberg reported Thursday. The Federal Reserve's unprecedented move into corporate debt purchases helped fuel the buying spree by wiping out credit-health fears and driving historic inflows. Only $548 billion worth of…
bubmag
May 28, 2020
Huawei Executive One Step Closer to U.S. Extradition After Major Loss in Court Trade War

Huawei Executive One Step Closer to U.S. Extradition After Major Loss in Court

Meng Wanzhou outside British Columbia Supreme Court on May 27, 2020.Photo: Don MacKinnon (AFP via Getty Images)The chief financial officer of Chinese tech giant Huawei, Meng Wanzhou, is much likelier to end up facing prison time in the United States after her legal strategy to avoid extradition from Canada suffered…
bubmag
May 28, 2020
A ‘capital war’ is accelerating between the US and China, and the coronavirus pandemic is only making it worse, according to one investor Trade War

A ‘capital war’ is accelerating between the US and China, and the coronavirus pandemic is only making it worse, according to one investor

REUTERS/Kevin Lamarque The coronavirus pandemic is accelerating a capital war between the US and China, Michael Howell, the CEO of CrossBorder Capital, said in a Tuesday interview with CNBC. "The decision to share dollar swap lines with 14 other nations, effectively forming a de facto group of 15 countries, including…
bubmag
May 27, 2020
Following new Huawei attack, China mulling moves against Apple and Qualcomm Trade War

Following new Huawei attack, China mulling moves against Apple and Qualcomm

Source: Android CentralWhat you need to knowChina is mulling over retaliatory measures against the U.S., following its move to cut off Huawei's access to crucial semiconductor suppliers. Reports suggest it's considering launching investigations against U.S. companies. Apple, Boeing, Cisco, and Qualcomm have all been named as potential targets. The trade…
bubmag
May 18, 2020
As Jack Ma and SoftBank part ways, the open and globalized era of tech comes ever closer to an end Trade War

As Jack Ma and SoftBank part ways, the open and globalized era of tech comes ever closer to an end

It would be one of the greatest startup investments of all time. Masayoshi Son, riding high in the klieg lights of the 1990s dot-com bubble, invested $20 million dollars into a fledgling Hong Kong-based startup called Alibaba. That $20 million investment into the Chinese e-commerce business would go on to…
bubmag
May 18, 2020