China will introduce tariffs on American made auto parts and vehicles starting from December 15, the Customs Tariff Commission of the State Council announces.
Turkey is very interested in energy investment opportunities in Lebanon, the Turkish Foreign Minister Mevlut Cavusoglu says at a press conference in Beirut, the capital of Lebanon.
China plans to impose new tariffs on US goods worth $75B in response to new US tariffs on Chinese goods, the Customs Tariff Commission of the State Council announces.
Profits of Chinese government-owned companies increased 7.3% in the first seven months of 2019, compared to the same period the prior year, the Ministry of Finance reports.
The Russian President Vladimir Putin and the Israeli Prime Minister Benjamin Netanyahu have agreed to continue cooperation in Syria, a statement published by the Kremlin shows.
On Friday, the People's Bank of China (PBOC) has injected another $11.34B at %2.55 interest rate into the market in order to maintain liquidity.
On Friday, Chinese Shandong Iron and Steel Co reported net profit for the first half of 2019 which appeared to be 65.58% lower than a year before.
The US President Donald Trump stated on Friday that if the French government imposed digital tax on American technology companies, he would do the same with French wines.
The US President Donald Trump stated on Friday that he would accept the Federal Reserve Chairman's Jerome Powell resignation if he decided to resign.
China announced on Friday that it would impose additional tariffs of either 5% or 10% on US goods worth about $75 billion, scheduled to go into effect on September 1 and December. 15.
Volkswagen stated on Friday it was recalling 679K US vehicles sold after 2011, which could roll away due to an electrical issue.
Deutsche Bank agreed to pay more than $16M to settle charges, as it violated the US corruption laws, wen hiring foreign governments' officials' relatives in a bid to win or retain business, the US regulator stated in the statement.
China's technology giant Huawei stated that the impact of the US trade restrictions on the company's business is likely to be less than initially anticipated, though curbs are likely to push the smartphone unit's revenue lower about $10B this year.
The rate of Japan's underlying inflation remained at 0.6% in July, the government stated in the report, still short of the Bank of Japan's 2% inflation target.
China stated that it is set to impose an additional tariff of 5% on the US soybeans from September 1, and extra 10% duties on wheat, sorghum and corn from December 15, in the latest retaliatory trade measure against Washington.
The US Commerce Department stated that the country's new home sales declined markedly 12.8% to a seasonally adjusted yearly rate of 635K units last month in a sign that the property market remained in low gear in spite of lower rates and a strong labour market.
On Friday, China's technology giant Huawei reported the US trade restrictions were likely to cut its smartphone revenue by more than $10B this year.
Salesforce.com announced on Thursday it was expecting its Q3 and full-year revenue to be above Wall Street's estimates, as the company benefited from acquisitions and high demand for the cloud-based services, sending shares 7% up in the extended trading.
Singapore's core inflation hit its three-year low in July with a 0.8% rise from the previous year, prompting the country's authorities to cut their full-year forecast due to firming bets for easing the monetary policy.
Britain's BT Group has entered talks over its Irish corporate business sale to the UK firm Mayfair Equity Partners, potentially worth over $332M, according to a Sky News report.
During the first half of the European trading session, crude oil price benchmarks traded flat. The flat trading was attributed to the markets expecting the speech of the Chairman of the Fed Jerome Powell.
Deutsche Bank will have to transfer up to 800 people to BNP Paribas, as part of the deal where BNP is set to assume the German conglomerate's prime brokerage operations, sources close to the matter stated on Friday.
The buyout firm KKR is considering to sell its Epicor Software Corp unit in a potential deal worth about $5.0B, including debt, sources close to the situation reported on Friday.
Amazon.com is planning to acquire a 3.58% minority stake in the Indian group Future Retail, which owns over 1.5K stores in country, as well as several supermarket chain, including the budget grocery and department store chain called Big Bazaar.