The US Treasury Secretary Steven Mnuchin stated on Saturday that several Chinese officials said him this week that continuation of yuan depreciation did not correspond with the country's interests.
On Saturday, the US Treasury Secretary Steven Mnuchin claimed that a trade dispute between China and the US is not a threat to the growth of the global economy and pushing China to open would be beneficial for everyone.
On Saturday, the governor of the Central Bank of China Yi Gang claimed that the government of China would continue to let the market play the major role in establishing Yuan's currency exchange rate.
On Friday, US chipmaker Broadcom Inc claimed that it has got antimonopoly clearance from the EU for its upcoming $19B deal to acquire a software making company CA Technologies Inc.
On Friday, the US national security advisor John Bolton claimed that the administration of the US President Donald Trump needs to maintain tough approach to China.
On Friday, Facebook Inc claimed that cyber attackers have stolen personal data from 29 million users of the social network using a program which moved from one friend to another one.
On Friday, US retail giant Walmart Inc reported that it has acquired online lingerie retail company Bare Necessities, confirming the second acquisition of apparel brand in the last two weeks.
On Friday, the New York Fed revealed its Nowcast model's GDP forecast for the fourth quarter. The projected growth is set at 2.77%.
The US Department of Commerce revealed on Friday that an investigation is ongoing into possible dumping of Chinese-made mattresses.
On Friday, General Electric announced that their third quarter earnings will be published a week later than initially planned.
Virgin Group's owner Richard Branson has announced that his conglomerate has suspended talks with Saudi Arabia about a $1 billion investment in space exploration.
On Friday, Wall Street stock market indices surged, as the market improved due to the rise in tech stock prices.
Three sectors were the drivers of the Citigroup better than forecast quarterly earnings. Namely, lower expenses, consumer banking in Mexico and bond trading increased the bank's earnings.
US defense contractors have expressed their concerns to the US President that lawmakers might hurt their business by blocking further arms deals with Saudi Arabia.
On Friday, JPMorgan's earnings report revealed that the bank's bond trading has been the largest cause of weakness in the bank's revenues.
The earnings report of JPMorgan Chase & Co published on Friday revealed that the consumer banking segment drove the surge of the bank's profits.
On Friday, Citigroup Inc reported better than forecast quarterly profits. Net income for the bank rose to $4.62 billion, which is $1.73 per share.
On Friday, JPMorgan Chase & Co published their quarterly profits. The bank's total income has increased by 24.5% to $8.38 billion, which is $2.34 per share.
On Friday, Reuters have reported an article revealing that there is a technological expansion boom occurring in Pittsburgh.
Tesla said on Friday that the orders for vehicles that had been placed before October 15 would be eligible for $7.5K worth full federal tax credit with a delivery to their customers by the year-end.
Wells Fargo reported on Friday its quarterly profit dropped bellow analysts' expectations, as a $13B fall in a new mortgage borrowing compensated the bank's attempts to reduce costs.
Facebook has removed dozens of accounts that belonged to Russia's database provider SocialDataHub over the alleged user data scraping, the social media platform stated.
On Friday, Citigroup posted a 12% surge in its quarterly profit, driven by the bank's lower expenses and growth in the Latin American consumer banking business.
SoftBank Group has picked five investment banks, such as Goldman Sachs and Nomura Holdings, to lead its mobile phone unit's initial public offering, sources reported.