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Business News

U.S. plans limits on Chinese investment in U.S. technology firms
Posted on Monday June 25, 2018

WASHINGTON (Reuters) - The U.S. Treasury Department is crafting rules that would block firms with at least 25 percent Chinese ownership from buying U.S. companies in "industrially significant" technologies, the Wall Street Journal reported on Sunday.

Asian shares slip on trade worries, oil gives up some gains
Posted on Monday June 25, 2018

TOKYO (Reuters) - Asian shares fell on Monday on escalating trade tensions between the United States and major economies while oil prices gave up some of their hefty gains made after major oil producers agreed to a modest increase in production.

Market News

Xiaomi wants to raise over $6 billion in Hong Kong IPO
Posted on Saturday June 23, 2018

One of the world's leading smartphone makers is aiming for the biggest stock market listing in nearly two years.

Tariffs on European cars would hurt US auto jobs
Posted on Friday June 22, 2018

If Trump puts tariffs on European cars, it would hurt automakers who build a lot of cars in the United States.