Flags with the Huawei logo. FRED DUFOUR | AFP via Getty Images The Trump administration has determined that major Chinese companies, including telecommunications equipment giant Huawei Technologies and video surveillance company Hikvision, are owned or controlled by the Chinese military, laying the groundwork for new U.S. financial sanctions. Washington placed …
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People enjoy the beach amid the coronavirus pandemic in Huntington Beach, California on June 14, 2020. APU GOMES | AFP | fake pictures Countries are highly unlikely to impose another full blockade despite a resurgence of new cases of coronavirus in some parts of the world, analysts told CNBC. The …
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After witnessing a brutal Wall Street sell-off on Wednesday, CNBC’s Jim Cramer is still recommending investors to narrow their positions and wait for more attractive prices before putting more money on the market. “Awaken America’s trade has worsened,” he said. As coronavirus infections re-emerge in some parts of the country, …
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Shares in the Asia Pacific fell Thursday afternoon, after the International Monetary Fund cut its economic forecast again on Wednesday. South Korea’s Kospi led the losses among the region’s main markets as it fell 1.77%. In Japan, the Nikkei 225 fell 0.99%, while the Topix index dropped 1%. Shares in …
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The United Arab Emirates is not alone in its concerns about the “hostile confrontation” between the United States and China, the Gulf country’s foreign minister of state told CNBC on Wednesday. “Every time we see a confrontation between Washington and Beijing, the markets really shake,” Anwar Gargash told CNBC’s Hadley …
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