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| The United States needs multilateral talks with China — not tariffs, says S&P Global CEO "Blunt force instruments" like tariffs won't go as far with China as talks will, said Douglas Peterson of financial services firm S&P Global, as the U.S. moves ahead with levies on Chinese imports. "Clearly there are aspects to access to the Chinese market that people have been frustrated with," Peterson ...
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| Asia markets set to trade lower as concerns over a US-China trade war rise Asian markets were set to trade lower on Monday, following a global sell-off on Friday amid fears that rising tensions between the U.S. and China could lead to a full-blown trade war. Australia's ASX 200 opened lower and fell 0.75 percent in early trade, with the financial sector down nearly 1 percent.
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| New York Fed Eyes John Williams as Its Next Leader Prioritizing monetary-policy expertise over financial markets "would reflect an assessment that New York Fed president is first and foremost a policy job and that the new president will be able to rely on the institutional strength of the New York Fed to support effective market outreach and analysis," said ...
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| S&P 500 Dow Jones Futures Rebound Strongly After Stock Market Dive; Facebook Pressure Mounts The S&P 500 index lost 6%, ending just above its 200-day line, while the Dow Jones skidded 5.7%, approaching its 200-day. The S&P 500 index has begun a key test as the stock market uptrend is under growing pressure. One positive sign: The put/call ratio rose to 1.25 on Friday. Readings over 1.15 ...
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| Mexico's Grupo Comercial Chedraui Agrees to Buy Texas Grocer Fiesta Mart Albertsons invested in the Texas-based El Rancho Supermercado chain in November and private-equity giant KKR & Co. oversaw the tie-up between the Cardenas Markets and Mi Pueblo supermarkets last summer. Chedraui, based in the Mexican municipality of Xalapa, has also been on a buying ...
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