WASHINGTON — President Trump on Tuesday said the United States and China were having “very productive conversations” as top American and Chinese officials held their first talks since the two countries agreed to a 90-day trade truce earlier this month. The Chinese Commerce Ministry announced that Liu He, China’s economic czar, took part in a…
MUMBAI, India — India’s top central banker resigned on Monday after tussling for months with Prime Minister Narendra Modi’s government over its desire to exert more control over the bank’s regulations and tap its reserves to increase government spending. The departure of the banker, Urjit Patel, came almost a year before his term was to…
Days after the Canadian authorities arrested one of China’s leading technology executives at the behest of Washington, Cisco warned some employees that China might return the favor. In an email with the subject line “Travel Restriction to China,” the Silicon Valley networking giant cautioned employees against nonessential travel to China “due to recent events.” Cisco…
After another week of exceptional volatility on Wall Street that has pummeled stock portfolios, there are two closely related questions worth asking. First, why is this happening when the economy is so strong? The November jobs numbers released Friday showed the unemployment rate remains at a rock-bottom 3.7 percent amid healthy job creation, just the…
BEIJING — As Huawei’s finance chief and daughter of its founder, Meng Wanzhou has been a polished, professional face for a huge technology firm that long was opaque to the outside world. Ms. Meng, the eldest daughter of Ren Zhengfei, the leader of the telecom equipment maker, has appeared before reporters to announce the company’s…
Americans are upbeat about the economy heading into the holiday shopping season. But that good cheer may not last long. With the lowest unemployment rate in nearly half a century, and wage growth starting to pick up, economists expect shoppers to open their wallets. A survey by the National Retail Federation, a trade group, points…