U.S. House takes hard line on China over Hong Kong, Huawei
Wednesday, 16 October 2019 The U.S. House of Representatives on Tuesday passed four pieces of legislation taking a hard line on China, three related to pro-democracy protests in Hong Kong and one commending Canada in its dispute over the extradition of a Chinese telecom executive.
HONG KONG (Reuters) - Hong Kong pro-democracy activists and riot police clashed in chaotic scenes around the city on Sunday, with police in riot gear chasing protesters through crowds of lunchtime shoppers. Anti-government protesters ride escalators during a demonstration at New Town Plaza shopping...
The Democratic-led U.S. House of Representatives passed a stopgap funding bill on Tuesday to keep the federal government operating through Dec. 11, after striking a deal with Republicans on aid for farmers and nutritional assistance to children. Ryan Brooks reports.
U.S. Democratic presidential candidate Joe Biden warned the United Kingdom that it must honour the Northern Irish peace deal as it extracts itself from the European Union or there would be no U.S. trade deal. Adam Reed reports.
[NFA] U.S. President Donald Trump's intelligence chief on Sunday defended his decision to cease in-person Congressional briefings on election security, while Democrats said the move would suppress critical information about foreign election meddling and warned they may subpoena testimony. This report produced by Yahaira Jacquez.
[NFA] President Donald Trump is willing to sign a $1.3 trillion coronavirus relief bill, White House Chief of Staff Mark Meadows said on Friday, but Democratic House of Representatives Speaker Nancy Pelosi said the sum was not enough to meet the needs of the American people. This report produced by Jillian Kitchener.
[NFA] The Democratic-led U.S. House of Representatives voted on Saturday to provide the cash-strapped Postal Service with $25 billion and block policy changes that have stirred concerns about mail-in balloting ahead of the presidential election. This report produced by Jillian Kitchener.
Equity benchmark indices traded lower during early hours on September 22 while Asian markets opened weak after the sharp pullback overnight in US stocks. At 10:15 am, the BSE S-P Sensex was down by 301 points or 0.79 per cent at 37,733 while the Nifty 50 moved lower by 66 points or 0.59 per cent at 11,184. All sectoral indices at the National Stock Exchange were in the negative terrain with Nifty realty dipping by 4.6 per cent, PSU bank by 3.2 per cent, metal by 2.9 per cent and auto by 2.3 per cent. Among stocks, energy major GAIL was the top loser after sliding 4.9 per cent to Rs 83.85 per share. Adani Ports fell by 4.5 per cent and Tata Motors by 4 per cent. Tata Steel, Hindalco, ONGC, Bajaj Finance, Zee Entertainment and Bharti Infratel too traded lower by over 3 per cent. However, Tata Consultancy Services and ICICI Bank were in the green with thin margins. Meanwhile, Asian markets opened weak even after the sharp pullback overnight in US stocks. Investor sentiment took a hit with possible delays in expanded US stimulus. The undertone remained cautious as Europe sees some countries lockdown for the second time as COVID-19 cases jump which could hurt economic activity. Hong Kong shares of HSBC and Standard Chartered fell more than 2 per cent each as global banking stocks remained under intense pressure on reports about financial institutions allegedly moving illicit funds. MSCI's broadest index of Asia Pacific shares outside Japan was down by 0.5 per cent. Hong Kong's Hang Seng index was down by 0.5 per cent while Japanese markets were closed for a public holiday.
Chinese telecom giant Huawei Technologies said on Wednesday its supply chain was under attack from the United States and called on Washington to reconsider trade restrictions which are hurting suppliers globally. Francis Maguire reports.
China blamed the United Kingdom on Thursday for deteriorating ties after Prime Minister Boris Johnson slapped a 5G ban on Huawei, accusing London of poisoning the relationship by meddling in Hong Kong's affairs.