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US-China trade dispute
US wants allies to cut chip-related China exports amid Huawei alarm
...It enables the commerce department to block non-US companies from supplying the company with items containing American technology even if it is made outside the US....
April 25, 2024
EU-China relations
EU conducts ‘dawn raid’ on Chinese security equipment supplier
...Washington has added Nuctech to the commerce department’s entity list for “its involvement in activities contrary to the national security interests of the US” and warned that “several countries have raised...
April 24, 2024
FT Live
Future of Asset Management Europe
New fund firm models for Europe's resurgence
Tuesday, 12 NovemberLondon, UK
Federal Trade Commission US
Employee non-compete ban challenged in court by US business groups
...The US Chamber of Commerce and other trade groups sued the Federal Trade Commission on Wednesday after the regulator voted to ban non-compete agreements....
April 24, 2024
News updates from April 23: Tesla to speed up launch of ‘affordable’ models; US regulator bans non-compete agreements
US new home sales jump to 6-month high
...Sales increased to an annualised rate of 693,000 from a downwardly revised figure of 637,000 in February, according to the US Census Bureau....
April 23, 2024
Live news: EU votes to leave treaty seen as protecting fossil fuels
US durable goods rise on aircraft spending but underlying demand softens
...New orders for long-lasting goods in the US increased in March, driven by aircraft, while underlying measures of business spending slowed....
April 24, 2024
News updates from April 15: US retail sales rise more than expected; Yen falls below ¥154 per dollar
US retail sales rise more than expected
...Data from the US Census Bureau published on Monday showed that retail sales, which include spending on food and petrol, rose 0.7 per cent last month....
April 15, 2024
FT Live
Future of Retail
Securing long-term business growth with technology innovation
Tuesday, 17 SeptemberLondon, UK
Markets
‘Blowout’ US retail sales shake bond and currency markets
...US retail sales were much stronger than expected in March, as consumers kept spending despite uncertainty about the future path of interest rates.Data from the US Census Bureau published on Monday showed...
April 15, 2024
News updates from March 26: Baltimore road bridge collapses; Trump’s social media business soars in market debut
US durable goods orders rebound in February
...New orders for long-lasting goods in the US increased in February, driven by an uptick in aircraft spending, while underlying measures of business spending improved....
March 26, 2024
News updates from March 25: Boeing CEO to step down; UN Security Council calls for Gaza ceasefire
US new home sales stall at start of year as mortgage rates creep higher
...Sales fell to an annualised rate of 662,000 in February, the Census Bureau said on Monday....
March 25, 2024
News updates from March 14: Chuck Schumer calls for Netanyahu’s replacement; China hits out at US push to ban TikTok as Steven Mnuchin plots bid
US retail sales rise less than expected in February
...Sales, which include spending on food and petrol, increased 0.6 per cent, the Census Bureau said....
March 14, 2024
TikTok Inc
US Congress approves bill banning TikTok unless Chinese owner ByteDance sells platform
...China’s foreign ministry on Wednesday referred reporters to previous statements by the commerce ministry, which last month called on the US to “stop the unreasonable suppression of foreign enterprises”....
April 24, 2024
Live news: US trade groups sue FTC over non-compete ban
Trade groups sue FTC over non-compete ban
...The US Chamber of Commerce and other trade groups sued the US Federal Trade Commission on Wednesday after the regulator voted to ban non-compete agreements....
April 24, 2024
The Big Read
The risks of relying on superpowers to protect global trade
...The lesson of history is that long periods of peaceful maritime commerce underpinned by a dominant military force can rapidly be upended....
January 26, 2024
Chinese business & finance
US business group says policy ‘inconsistency’ hurting China investment
...Commerce ministry data released last week showed FDI in China fell 26 per cent year on year in the first quarter of 2024 to Rmb302bn ($42bn)....
April 23, 2024
News updates from April 22: Huw Edwards resigns from BBC; Head of Israeli military intelligence to resign
US retailer Express files for chapter 11 bankruptcy
...US apparel retailer Express has filed for chapter 11 bankruptcy, as the struggling mall brand tries to rightsize its business that has suffered from weak demand and tough competition from e-commerce retailers...
April 22, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
News updates from February 27: McKinsey touted its advice to Chinese government, EU parliament bars Amazon lobbyists
US durable goods orders fall the most since 2020 on drop in aircraft spending
...New orders for long-lasting goods in the US notched their biggest monthly drop since the start of the pandemic, driven by a sharp fall in aircraft spending, though underlying measures of business spending...
February 27, 2024
News updates from February 15: White House discloses Russian ‘anti-satellite capability’, UK GDP contracts by more than expected
US retail sales fall more than expected in January
...Details of the report also showed soft spending on electronics, personal care items and apparel, in a sign of weakening consumer demand....
February 15, 2024
Stephen Bush
Do mixed-race people really enjoy the ‘best of both worlds’?
...The US has taken a decisive step towards racial harmony, per the 2020 census: the country has 20mn more people in the “multiracial” group than it did before, thanks to changes to how the US Census Bureau...
February 13, 2024
News updates from January 25: US economy grows 3.3% in fourth quarter, ECB keeps interest rate at 4%
US durable goods unchanged in December
...Orders of durable goods, such as washing machines, cars and aircraft, were flat in December from the previous month’s increase of 5.5 per cent, according to the Census Bureau....
January 25, 2024
ExplainerTikTok Inc
What’s next for TikTok after Biden approves ban
...Last year, China’s commerce ministry said it would “firmly oppose” a forced sale of TikTok....
April 24, 2024
News updates from March 1: Nvidia closes above $2tn valuation, Gunvor to plead guilty to US bribery charges
What to watch in North America
...Construction spending: Data from the US Census Bureau is expected to show spending increased by 0.2 per cent in January, compared with a 0.9 per cent increase in December, according to economists polled...
March 1, 2024
News updates from January 17: US retail sales beat expectations in December, Lagarde says ECB likely to cut rates this summer
US retail sales rise more than expected in December
...Sales including food and petrol rose 0.6 per cent, the Census Bureau said on Wednesday....
January 17, 2024
Global Economy
Immigration helps explain US economic strength: Goldman
...Recent studies suggest that Census data used for the household survey of the employment report understated immigration in 2023....
March 18, 2024
Taiwan Semiconductor Manufacturing Co Ltd
TSMC boosts Joe Biden’s AI chip ambitions with $11.6bn US production deal
...America,” said US commerce secretary Gina Raimondo....
April 8, 2024
News updates from April 16: Powell says inflation fight will take ‘longer than expected’; China GDP jumps 5.3%
US housing starts fall to 7-month low
...Housing starts in March plunged 14.7 per cent from the previous month to a seasonally adjusted annualised rate of 1.32mn, the US commerce department said....
April 16, 2024

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