Ex-Goldman Exec To Return To Face Charges Over 1MDB
Roger Ng, a former Goldman Sachs bank executive who is currently in jail in Malaysia, has agreed to voluntarily return to the United States to face abetment charges in a scheme to loot state investment firm 1MDB.
China Is Closing Innovation Gap With America
Innovation could help China compete against the U.S. head to head in high-tech industries, intensifying the ongoing trade-war.
VC Investment Reaches Record $41.8B In Q4 2018
While the IPO market in the U.S. gained strength in 2018, many U.S. unicorn companies remained on the fence to see longer-term results.
Trade Wars Cost U.S., China Agri Industries Billions In 2018
The U.S.-China trade war resulted in billions of dollars of losses for both sides in 2018, hitting industries including autos, technology - and above all, agriculture.
U.S., China Rivalry Goes Beyond Trade: Ray Dalio
"The trade war, I think, can be worked out," the billionaire investor Dalio said. "History has shown there's a concept called the 'Thucydides Trap'" that indicates conflict.
Cash Is A 'Very Good Place' If Trade Tensions Persist
Investors in denial? Yale University senior fellow Stephen Roach believes the U.S. is a long way off from resolving its trade feud with China.
How Australia Got Wedged Between The U.S., China Trade War
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.
China Pledged To Invest $250B In 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.
China Warns U.S. It Will Defend Own Trade Interests
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.
Oil Boom Gives The U.S. A New Edge In Energy, Diplomacy
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.