[BENGALURU] The S&P 500 and Nasdaq ticked lower on Tuesday as President Donald Trump's moves to force China-owned TikTok into a sale of its US operations drew a sharp rebuke from Beijing, ratcheting up tensions as the world slides into a pandemic-fuelled recession.
The S&P 500 opened lower by 4.69 points or 0.14 per cent at 3,289.92. The Nasdaq Composite dropped 4.91 points or 0.04 per cent to 10,897.89 at the opening bell.BT is now on Telegram!
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China will not accept US 'theft' of TikTok: China DailyThe United States' 'bullying' of Chinese tech companies was a consequence of Washington's zero-sum vision of 'American first' and left China no ...
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China will not accept US 'theft' of TikTok: China DailySHANGHAI (REUTERS) - China will not accept the 'theft' of a Chinese technology company and is able to respond to Washington's move to push ByteDance to sell short-video app TikTok's US operations to Microsoft, the China Daily newspaper said on Tuesday (Aug 4).. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
China will not accept U.S. 'theft' of TikTok: China DailyChina will not accept the 'theft' of a Chinese technology company and is able to respond to Washington's move to push ByteDance to sell short-video app TikTok's U.S. operations to Microsoft, the China Daily newspaper said on Tuesday. The United States' 'bullying' of Chinese
Source: YahooSG - 🏆 3. / 71 Read more »
US: Nasdaq climbs 1.5% to record close as stocks gain[NEW YORK] The Nasdaq powered to a fresh record on Monday fueled by Microsoft's potential takeover of TikTok, as markets monitored talks in Washington on another federal relief package. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
TikTok a casualty of deepening US mistrust of ChinaWASHINGTON - The United States' move to ban or otherwise cut off the popular Chinese-owned social media app TikTok is part of a concerted effort to cut linkages with China that can be exploited to gather Americans' data - or have any kind of influence in American society.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Pompeo says US to act on China software beyond TikTok; Trump's decision expected Monday or TuesdayWASHINGTON (BLOOMBERG) - The Trump administration will announce measures shortly against 'a broad array' of Chinese-owned software deemed to pose national-security risks, US Secretary of State Michael Pompeo said.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »