Trade War

Washington (AFP) - The United States on Friday summoned China's ambassador after a senior official in Beijing tweeted the "ridiculous" suggestion that the US military started the COVID-19 pandemic, the State Department said.David Stilwell, the top US diplomat for Asia, issued a "stern representation" to Ambassador Cui Tiankai a day…

Click here for an update from The Motley Fool Co-Founders Tom and David Gardner. Is this a turning point for the iPhone maker? Apple (NASDAQ:AAPL) announced on Friday that all 42 of its retail stores in China had reopened, after some were shuttered for nearly a month, the result of…

Yes, shame about the rest of the world In a rare bit of positive COVID-19 news, Apple has reopened all of its 42 retail outlets in Mainland China. The fruity firm was forced to lower the shutters last month as the Middle Kingdom entered a nationwide quarantine that drastically restricted…

Among the unlikely heroes of the 2008 global financial crisis were the world leaders who scrambled to assemble in Washington to respond to the plummeting investing markets. They discussed fiscal and monetary measures to bolster the economy. They promised financial-markets reform and resources to support emerging markets. They even foreswore…

FILE PHOTO: A general view of Penang skylineBy Krishna N. Das and Liz LeePENANG, Malaysia (Reuters) - Tech firms at Malaysia's one-time Silicon Valley of the East, swimming in orders from customers fleeing trade war-hit China, have seen fortunes turn again in the space of just a year as the…

Click here for an update from The Motley Fool Co-Founders Tom and David Gardner. The online furniture specialist recently downplayed coronavirus risks, but investors are still worried. What happened Shares of online furniture retailer Wayfair (NYSE:W) have tanked today, down by 11% as of 1:20 p.m. EDT, after the broader…

New decade, new paradigm Getty Images Much of the handwringing over China and emerging markets this year has stemmed from the unfolding damage caused by the Covid-19 outbreak—but while the virus is still spreading, it’s hard to know the final cost. We can, however, make a few judgments on the…

The chaotic impact of the coronavirus is affecting every sector of the cultural and entertainment scene – “an equal opportunity disaster,” in the words of one CEO. Giant companies are canceling events and re-aligning strategies worldwide. The openings of major movies like the appropriately titled James Bond film No Time…

Click here for a message from The Motley Fool Co-Founders Tom and David Gardner. The U.S. government is reportedly considering blocking Infineon's acquisition of Cypress on national security grounds. What happened Shares of Cypress Semiconductor Corporation (NASDAQ:CY) plunged today, down by 14% as of 11:30 a.m. EST, on a report that the…

For several years Apple is mulling shifting its production outside China. The trade war between U.S.-China and the coronavirus outbreak seems to have forced Apple to think about decentralizing its supply chain. The Cupertino company was looking towards establishing a supply chain in India. However, Apple was dismayed with the…