China mulls trade talks with the U.S.

China mulls trade talks with the U.S.

China said it is mulling tariff talks with the U.S. after the Trump administration reaches out - saying Beijing's door is always open. On the earnings front, Standard Chartered posted a 10% rise in first quarter net profit, with the Asian-focused lender maintaining its guidance despite heightened uncertainty. Apple and Amazon fell in extended trade despite earnings beats, as tariff uncertainty weighs on the outlook for big tech.

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SQUAWK BOX, FRIDAY 15TH MAY, 2020

SQUAWK BOX, FRIDAY 15TH MAY, 2020

Industrial improvement… Chinese output rises for the first time this year but retail sales and fixed asset investment continues to decline. Tensions between the U.S. and China escalate as President Tr...

15 Touko 202024min

SQUAWK BOX, THURSDAY 14TH MAY, 2020

SQUAWK BOX, THURSDAY 14TH MAY, 2020

Warnings on Wall Street… U.S. Federal Reserve Chairman Jerome Powell warns of prolonged economic damage, sending global stock markets into the red. Meanwhile, Cleveland Fed President Loretta Mester te...

14 Touko 202027min

SQUAWK BOX, WEDNESDAY 13TH MAY, 2020

SQUAWK BOX, WEDNESDAY 13TH MAY, 2020

Wall Street suffers steep losses with the Dow Jones falling more than 400 points and the Nasdaq breaking a six-day rally. This comes on the back of Dr Anthony Fauci’s Coronavirus Senate hearing where ...

13 Touko 202027min

SQUAWK BOX, TUESDAY 12TH MAY, 2020

SQUAWK BOX, TUESDAY 12TH MAY, 2020

China’s industrial deflation worsens as producer prices fall 3 per cent in April. It’s the largest slump in four years. New reports of Coronavirus clusters in Seoul and China weigh on Asian markets bu...

12 Touko 202029min

SQUAWK BOX, MONDAY 11TH MAY, 2020

SQUAWK BOX, MONDAY 11TH MAY, 2020

From ‘Stay at Home’ to ‘Stay Alert’ - Prime Minister Boris Johnson lays out a conditional plan to lead parts of the UK population back to work but he refuses to lift the lockdown just yet. On the cont...

11 Touko 202024min

SQUAWK BOX, FRIDAY 8TH MAY, 2020

SQUAWK BOX, FRIDAY 8TH MAY, 2020

Asian stocks rise on signs that relations between Washington and Beijing are warming after trade representatives from both countries agreed to stronger cooperation in implementing the first phase of t...

8 Touko 202027min

SQUAWK BOX, THURSDAY 7TH MAY, 2020

SQUAWK BOX, THURSDAY 7TH MAY, 2020

A surprise recovery…Chinese exports unexpectedly rise in April with a sharp uptick in overseas shipments since December. However, lower domestic demand provides softer-than-expected import numbers. AB...

7 Touko 202023min

SQUAWK BOX, WEDNESDAY 6TH MAY, 2020

SQUAWK BOX, WEDNESDAY 6TH MAY, 2020

Media giant Disney cancels its 2020 dividend payout after suffering a $1.4bn hit to income due to the Covid-19 outbreak. It has announced plans to reopen its Shanghai theme park from next week. BMW lo...

6 Touko 202024min

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