Skip to content
Jan.12 -- After three years of tweets and tariffs, President Donald Trump has arrived at his China moment. With the signing Wednesday of a “phase one” deal that includes Chinese commitments to respect American intellectual property, not manipulate its currency, and a U.S. expectation for $200 billion in new purchases that should help reduce a yawning trade deficit and repair some of the damage suffered by farmers, Trump will deliver at least a partial agreement many skeptics doubted was ever possible. Bloomberg's China correspondent and anchor has the story....
(Bloomberg) -- Oil was steady after the biggest weekly drop since July as an easing of geopolitical tension in the Middle East turned attention back to a flood of new supply set to hit the market this year.The threat of an outright war has receded since Tehran fired missiles at U.S.-Iraqi bases last week in retaliation for Washington’s assassination of its top general. The situation in Iran remains volatile, however, amid protests against the government’s accidental downing of a commercial airliner. In Libya, warring factions have called a cease-fire in their nine-month conflict.Oil prices are now back where they were in mid-December, with the market seemingly shrugging off the chance of more disruptions in the Persian Gulf. The lack of a geopolitical risk premium is partly due to plentiful supplies of U.S. shale and a torrent of new crude from non-OPEC countries including Brazil and Norway. On the demand side, the...
It’s a bearish start to the day as investors lock in gains from last week. Moves through to key levels by late morning would support a rebound....
Jan.12 -- Shelley Rigger, professor of political science at Davidson College, talks about the outcome of Taiwan's elections. President Tsai Ing-wen of the ruling Democratic Progressive Party won a landslide victory over China-friendly opposition challenger Han Kuo-yu to clinch a second term in elections Saturday. Rigger speaks with Bloomberg's Stephen Engle on "Bloomberg Daybreak: Asia."...
It’s a bearish start to the day as investors hit pause after last week’s rally. A Bitcoin breakthrough to $8,200 levels would support a rebound....
By hiding within your existing door hardware, Level Lock brings smart lock functionality without changing the look of your door....
