China’s largest state-owned banks operating in Hong Kong are taking tentative steps to comply with US sanctions imposed on city officials, and are trying to protect their access to major dollar financing and foreign networks. Large lenders with operations in the US included Bank of China Ltd., China Construction Bank …
Read More »Joe Biden chooses Kamala Harris as VP Running Mate for elections in 2020
Joe Biden on Tuesday chose Senator Kamala Harris as his running mate, betting that her ties to the African-American community and self-branding as a “progressive prosecutor” would help send him to the White House. Harris, 55, who ran against Biden in the Democratic presidential race, becomes the first Black woman …
Read More »Gundlach says Trump will win, calling Harris too charismatic
Jeffrey Gundlach said he thinks Donald Trump will win re-elections because polls that show otherwise do not reflect true support for the president. “Will Joe Biden beat Donald Trump in November? I do not think so, ”Gundlach said during a webcast for Tuesday night of his company. ‘I would bet …
Read More »US to label Hong Kong goods as China-made as tensions increase
Trump says he is “seriously” cutting a tax on capital gains
President Donald Trump said he was “very seriously” considering a capital gains tax cut, a move he decided on last September after saying it would not do enough to help the middle class. “We are also considering a capital gains tax cut, which would create a lot more jobs,” Trump …
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