Wall Street Journal sows uncertainty over US arms deal to Taiwan

TAIPEI (Taiwan News) – The Wall Street Journal is sowing doubt about the possibility of U.S. President Donald Trump meeting with Chinese leader Xi Jinping at the upcoming G20 Summit in Osaka, pr...

Business Highlights

___ Why US-China trade war risks hurting firms in both countries WASHINGTON (AP) — U.S. businesses are imploring President Donald Trump not to expand his tariffs to...

Huawei’s overseas smartphone sales drop 40%

TAIPEI (Taiwan News) – The founder and CEO of China’s Huawei Technologies, Ren Zhengfei (任正非), confirmed Monday (June 17) that overseas smartphone sales have dropped 40 percent since the U...

US stocks edge higher after 2 weeks of gains

NEW YORK (AP) — U.S. stocks edged higher in early trading on Wall Street Monday following two weeks of gains. Trading remained choppy as uncertainty continued over several ongoing tr...

US companies' message to Trump: Don't expand China tariffs

WASHINGTON (AP) — What happens if President Donald Trump carries out his threat to impose tariffs on the remaining $300 billion in Chinese goods that he hasn't already hit with 25% import taxes? ...

Asian shares mixed as investors look ahead to Fed rates

TOKYO (AP) — Asian shares were mixed Monday amid a wait-and-see attitude about the direction of interest rates and the trade dispute between the U.S. and China. Japan's benchmark Nik...

Taiwan's central bank expected to keep rates steady for 12th straight quarter

The central bank in Taiwan is unlikely to adjust its key interest rates at its quarterly policymaking meeting on Thursday, according to economists. Talking with CNA over the weekend, the economists...

This Week: Housing starts, Fed policy update, Slack IPO

A look at some of the key business events and economic indicators upcoming this week: HOUSING BELLWETHER The government's monthly snapshot of U.S. housing starts sh...

Asian shares mostly higher as investors look ahead to Fed

TOKYO (AP) — Asian shares were mostly higher Monday amid a wait-and-see attitude about the direction of interest rates and the trade dispute between the U.S. and China. Japan's bench...

Trump administration suspends trade complaint against China

WASHINGTON (AP) — The Trump administration has suspended a complaint it had made against China to the World Trade Organization, a shift that might signal a slight opening in the administration's trade...

Trump says he plans to keep criticizing Fed over rates

WASHINGTON (AP) — President Donald Trump says he has no intention of ending his public attacks on the Federal Reserve's interest rate policies even though he knows he has made Chairman Jerome Powell's...

Chipmakers, trade fears push stocks lower in early trading

NEW YORK (AP) — U.S. stocks fell in early trading Friday on Wall Street after a major chipmaker issued a sharp warning about how the U.S.-China trade war is disrupting a key industry. ...

Markets Right Now: Stocks fall as trade war hits chips

NEW YORK (AP) — The latest on developments in financial markets (all times local): 9:35 a.m. Stocks are falling early Friday on signs the trade war between the U.S....

US retail sales rose 0.5% in May, led by online shopping

WASHINGTON (AP) — Americans stepped up their retail spending last month, a sign that low unemployment and modest wage gains are encouraging consumers to shop. The Commerce Department...

Taiwan Research Institute sees 2.08 % GDP growth for 2019

TAIPEI (Taiwan News) – Amid the uncertainty caused by the trade war between the United States and China, the Taiwan Research Institute (TRI, 台綜院) is putting the country’s economic growth a...