trade war

Tencent Music To Launch USD 1.2 Billion IPO In The U.S.

Tencent Music To Launch USD 1.2 Billion IPO In The U.S.

Tencent Music Entertainment announced on Monday it is moving forward with its plans to launch its highly-anticipated U.S. initial public offering of up to USD 1.2 Billion after global stock markets were boosted by a truce brokered by U.S. and Chines..

Deere's Profit Rises On Stronger Machinery Sales

Deere's Profit Rises On Stronger Machinery Sales

Deere & Co. (NYSE: DE) said sales and profits in the latest period were lifted by demand in its construction and farming markets despite results falling short of Wall Street estimates.The weaker-than-expected results sent shares lower as the mar..

China Faces Soybean Shortage as fallout from the Trade War with the U.S.

China Faces Soybean Shortage as fallout from the Trade War with the U.S.

Four months after China’s 25% retaliatory tariff on American good, Chinese farmers are now facing a soybean shortage. China, which is the largest importer of soybeans, relied on a steady and cheap supply of American soybeans to feed their farm..

Caterpillar Tumbles on Disappointing 2018 Guidance

Caterpillar Tumbles on Disappointing 2018 Guidance

Caterpillar Inc. (NYSE: CAT) shares tumbled nearly 7% on Tuesday after the industrial company provides 2018 earnings guidance that fell short of analysts’ estimate.Caterpillar said sales and revenue rose 18% to USD 13.5 Billion in the thi..

Raise Rate or Not to Raise Rates? - That is the Question

Raise Rate or Not to Raise Rates? - That is the Question

Rising U.S interest rates are sparking debate among economists while spreading anxiety among investors. The current rate hike has split economist into two camps, those that feel the Fed is acting hawkish in their rate hikes, and those that feel the ..

China to Impose Additional USD 16 Billion in Tariffs on U.S. Goods

China to Impose Additional USD 16 Billion in Tariffs on U.S. Goods

China is imposing another 25% tariff on an additional USD 16 Billion worth of U.S. goods such as fuel, steel products, and auto and medical equipment, said the Chinese Commerce Ministry. The tariffs are set to take effect beginning August 23rd, the ..