TOKYO - Asian stocks struggled for traction on Wednesday, as relief over Washington’s temporary relaxation of curbs against China’s Huawei Technologies failed to offset deeper worries about an intensifying trade war between the world’s two largest economies.
The Chinese markets, which have endured a volatile few months, were on a cautious note. The Shanghai Composite Index was last a fraction lower.MSCI’s broadest index of Asia-Pacific shares outside Japan moved in and out of the red and was last 0.1% higher. But in yet another sign of a deepening divide between the world’s two biggest economies, the New York Times reported on Tuesday that the United States could place limits on Chinese video surveillance firm Hikvision’s ability to buy U.S. technology.
The dollar traded at 110.460 yen after popping up to a two-week high of 110.675 against the safe-haven Japanese currency overnight as U.S. yields rose in the wake of gains by Wall Street shares. [US/]The pound was steady at $1.2712. Sterling had sunk to a four-month low of $1.2685 on Tuesday on Brexit worries but bounced back after British Prime Minister Theresa May proposed a “new” Brexit deal.
Huawei is in another business when the phone business failed.
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Asian shares fall after U.S. blacklists China's HuaweiAsian shares fell on Thursday after the United States hit Chinese telecoms giant... 双刃剑 我操 Looks like the right light went on in the right head.
Source: Reuters - 🏆 2. / 97 Read more »
Asia shares slip as U.S. sanctions on Huawei threaten fresh tensions with ChinaAsian shares struggled to find their footing on Thursday as confidence was shake... N I am sorry to hear that
Source: Reuters - 🏆 2. / 97 Read more »
Huawei and suppliers make plans to face U.S. trade blacklist: NikkeiChina's Huawei Technologies Co Ltd is asking its top Asian chipmakers to ma... I'm making something wonderful! At Home! Huawei = If the NSA/CIA Controlled Apple/Microsoft... Me Chinese, me play joke, me put spyware in your phone
Source: Reuters - 🏆 2. / 97 Read more »
Here's How Huawei's Android Ban Affects You [Updated]What the Huawei Android ban means for Huawei smartphone owners: This what it means
Source: Forbes - 🏆 394. / 53 Read more »
China's Huawei, 70 affiliates placed on U.S. trade blacklistThe U.S. Commerce Department said on Wednesday it is adding Huawei Technologies ... In addition to the United States, the world's products have been blacklisted by the United States. 美国的自信哪去了，这就是美国强大的自信吧 US is the loser as the world moves ahead on 5G. Now it will be China's turn to ban US businesses I guess. Who will it be? Boeing? Caterpillar? Intel? Cisco? Apple perhaps? There are any number of US companies vying for Chinese market.
Source: Reuters - 🏆 2. / 97 Read more »
China's Huawei, 70 affiliates placed on U.S. trade blacklistThe U.S. Commerce Department said on Wednesday it is adding Huawei Technologies ... 哦嚯！这下包子玩脱了！😁 Good, Their companies have direct links to the Chinese Communist Party. No need to unnecessarily expose ourselves to their espionage. Huawei that controls a large amount of manufacturing has infected all its motherboards with pro-Chinese stealth spy tools!
Source: Reuters - 🏆 2. / 97 Read more »
Google revokes Huawei's Android license: reportsAlphabet Inc.'s Google has revoked Huawei Technologies Inc.'s Android license, Reuters reported Sunday, in a move that could cripple the Chinese tech giant's smartphone business. The move was later confirmed by The Verge. Huawei will be restricted to using only the public, open-source version of Android, Reuters said. Effectively, it means that Huawei will be immediately cut off from receiving Android system updates, including security updates, and future versions of Huawei smartphones will not be able to use YouTube, Gmail and the Google Play store, among other features. Last week, the Trump administration moved to restrict U.S. technology sales to Huawei and certain other foreign-owned companies. The U.S. has long claimed that telecom equipment from Huawei poses a national security risk. This is the end... my only friend, the end Happy Trade War China! Good
Source: MarketWatch - 🏆 3. / 97 Read more »
Stock futures slip after Trump appears to crack down on China’s HuaweiU.S. stock futures point to a dip for equities Thursday, after President Donald Trump appears to target China telecommunications group Huawei with an emergency declaration against threats to U.S. technology. Wrong. Stocks are UP Shouldn’t the market consistently tumble bc we all know our president is intellectually inept, one of the biggest economic losers of all time, bankrupts everything he touches and is dealing with people far smarter than him and his “brain trust” on almost every issue?
Source: MarketWatch - 🏆 3. / 97 Read more »
Asia markets higher; US-China trade negotiations said to hit a roadblockAsia markets set to open subdued with US-China trade negotiations said to hit a roadblock It's time for China to be held accountable!! Let the tariffs begin! Bring back the jobs to America!! Let the stock market collapse entirely. Put those trust fund babies on the level playing field with the working class they've been stealing from for 60 years. China is a professional snag. This is the first time they have been called on it. The Emperor will have some splaining to do.
Source: CNBC - 🏆 12. / 72 Read more »
Trump’s new chokehold on Huawei threatens the telecom firm and U.S.-China trade talksThe Trump administration's moves against foreign technology firms could endanger the survival of Huawei and put U.S.-China trade talks at risk.
Source: latimes - 🏆 11. / 82 Read more »
U.S. blacklists China's Huawei as trade dispute clouds global outlookThe Trump administration hit Chinese telecoms giant Huawei with severe sanctions... So when will China add a 20% tariff on Apple products exported to the USA? Huawei is a front company for Chinese intelligence & hacking Evil Turtleman.
Source: Reuters - 🏆 2. / 97 Read more »