Tag: Economy

China pledges more support for private firms investing abroad, 12 months after clipping their wings

China’s commerce ministry will support private companies in their efforts to expand overseas, state media reported on Thursday, in a sign Beijing might be softening its stance on outbound investment… Read more »

US stock market pulled sharply lower as tech giants slide; Dow down 600 points

A broad sell-off in technology companies pulled U.S. stocks sharply lower Monday, knocking more than 600 points off the Dow Jones Industrial Average. The wave of selling snared big names,… Read more »

With split Congress, prospect for economic deals looks dim

President Donald Trump floated the idea Wednesday of partnering with the newly Democratic-led House on two ideas that could prove popular with voters: Increasing spending on America’s infrastructure and limiting… Read more »