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China sees US delaying December 15 tariff hike as talks drag
The two sides, staying in almost daily contact, have also come closer to an agreement on scaling back the tariffs already in place. But rather than removing or rolling back existing levies, the focus has been on reducing the rate of the tariffs already in effect, according to officials and other people familiar with the talks.
US Senators proposes bill to clamp down on World Bank lending to China
Three Republican Senators have tabled a legislation in the US Senate to prevent World Bank from lending to China on projects that would be used against religious and ethnic minorities.
Hong Kong leader rules out protest concessions ahead of Beijing visit
In a rare lull in police-protestor clashes, around 800,000 people marched peacefully through the city’s streets on Sunday, urging the government to respond to their five demands — which include an independent inquiry into the police, an amnesty for those arrested, and fully free elections.
China stocks tick up on tariff delay hopes
The Shanghai Composite index closed up 0.2 per cent at 2,924.42.
Hong Kong's role in global finance remains intact despite months of protests: Fitch
Fitch had downgraded Hong Kong's long-term foreign currency issuer default rating.
FOMC outcome: US Federal Reserve leaves rates unchanged, hints at no cuts in 2020
The Federal Reserve left interest rates unchanged and signaled it would keep them on hold through 2020 amid a solid economy, sticking to the...
Trade talks: China expects US to postpone December 15 tariff deadline
Beijing sees the removal of the Dec 15 threat, enabling talks to continue on the unfinished items.
US Federal Reserve keeps rates steady, signals no change in 2020
The Fed said it will continue to monitor the implications of data for the economic outlook.
China says it will continue 'training' Xinjiang people
In a press conference, Shohrat Zakir, chairman of the far-west region, rejected the estimates by rights groups and foreign experts that over a million Uighurs and other mostly Muslim minorities are kept at the camps.
China plans to launch its own digital currency
China's central bank - the People's Bank of China (PBC) - has stepped up efforts to roll out its Digital Currency Electronic Payment (DCEP) as it seeks to stay ahead of the competition among central banks around the world and help preserve financial sovereignty, state-run Global Times reported.
Shanghai shares snap 5-day rally on trade woes ahead of US tariff deadline
The blue-chip CSI300 index fell 0.3 per cent to close at 3,891.02.
US Army will fund rare earths plant for weapons development
The Army division overseeing munitions last month asked miners for proposals on the cost of a pilot plant to produce so-called heavy rare earth. The move would mark the first financial investment by the U.S. military into commercial-scale rare earths production since World War Two's Manhattan Project built the first atomic bomb.
Pharma companies seek hike in drug rates under price control
Chinese API imports turn 200% costlier, making production costlier in India. Over 70% of the country’s total bulk drug requirement comes from China. These bulk drugs or active pharmaceutical ingredients (API) are used in producing medicines, including essential items like antibiotics, vitamins and folic acid.
Hong Kong protesters mark half a year of protest with mammoth rally
The city's police force, which historically gives lower crowd turnout figures, told local media 183,000 people attended at the peak, still one of their highest estimates in months. Many of the black-clad attendees voiced anger and frustration that chief executive Carrie Lam and Beijing have ruled out any further concessions despite the landslide election defeat.
The $11 trillion EM rally has big backing for 2020
The US-China trade dispute that dictated market moves throughout 2019 will remain the biggest driving force.
Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service
