Tuesday, 12 May 2020 07:55 AM MYT
The analysis attributed the investment slowdown to Chinese restrictions on outbound capital, more regulatory oversight in the United States, slower Chinese economic growth, and rising tensions between the two nations. Trump, who has blamed China’s early handling of the coronavirus outbreak in Wuhan in late 2019 for causing thousands of deaths and millions of job losses in the United States, has threatened to terminate the trade deal if China fails to meet its purchase commitments.
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Workers in US auto industry return to jobs amid concerns of second virus wave | Malay MailDETROIT, May 12 — Factory workers began returning to assembly lines in Michigan yesterday, paving the way to reopen the US auto sector but stoking fears of a second wave of coronavirus infections as strict lockdowns are eased across the country. With millions of Americans out of work and much of...
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US stocks open lower as market weighs restarts | Malay MailNEW YORK, May 11 — Wall Street stocks fell early today, pulling back somewhat from a rally driven by optimism over US states reopening their economies after coronavirus shutdowns. About 25 minutes into trading, the Dow Jones Industrial Average was down 0.8 percent to 24,133.71. The...
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