Trade tensions between the U.S. and China are ratcheting up. Now analysts are worrying about Australia, which sits uncomfortably in the middle, trading the most with China but receiving its largest investment inflow from the U.S.
In November, President Trump claimed a win when he returned from his Asia tour touting $250 billion in deals with China. Those agreements, which span sectors like energy, aviation and tech, could be ammunition for Beijing as it spars with Washington over trade.
The U.S. has flouted trade rules with an inquiry into intellectual property and China will defend its interests, Vice Premier Liu He told U.S. Treasury Secretary. The deepening rift has sent a chill through financial markets and the corporate world as investors predicted dire consequences for the global economy should trade barriers start going up.
A substantial rise in oil prices in recent months has led to a resurgence in American oil production, enabling the country to challenge the dominance of Saudi Arabia and dampen price pressures at the pump.
The $60 billion United Nations Joint Staff Pension Fund is accepting nominations for a new chief investment officer, and Trusted Insight created a shortlist of 10 highly qualified candidates poised to assume (or maintain) the role.
The United States is lagging behind Canada in the race to attract capital for infrastructure projects despite launching a charm offensive to global investors and reaching out to officials north-of-the-border for advice, a top Canadian investor said.
Protestors outside the United States Courthouse in Hato Rey, P.R. Under a federal oversight board, Puerto Rico has been carrying out a five-year plan that would force significant cuts on its bondholders.
Power development company Invenergy LLC and General Electric Co on Wednesday announced plans to build the largest wind farm in the United States in Oklahoma, part of a $4.5 billion project to provide electricity to 1.1 million utility customers in the region. The 2-gigawatt Wind Catcher wind farm is under construction in the Oklahoma panhandle and will come online in 2020. The facility will be linked to a 350-mile dedicated power line that will send the wind farm's electricity to Tulsa.
Municipal water infrastructure in the United States is aging and in need of significant modernization. Many water utilities have little data on their distribution network operations and still rely on manual meter reading for billing. A new...