Wall Street Breakfast: Instagram Founders Out Of Facebook [Seeking Alpha]
TOKYO ELECTRON UNSP/ADR (TOELY)
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Source: Seeking Alpha
Economy China’s Vice Commerce Minister Wang Shouwen says the U.S. is putting “a knife to China’s neck” with the $200B in tariffs on Chinese goods that kicked in yesterday. During a press conference, Wang questioned how negotiations could proceed when “it’s not an equal negotiation” with the backdrop of “threats and pressure.” Wang accuses unnamed individuals of making groundless criticisms against China regarding trade and security issues. Wang: “If this continues, it will destroy in an instant the gains of the last four decades of China-U.S. relations.” Nikkei has risen for its seventh session with chip stocks offsetting machinery stock declines on profit-taking triggered by the U.S.-China trade dispute. Investors pushed the likes of large-cap Tokyo Electron and Advantest Corp up 2.4% and 3.5%, respectively. Decliners included construction equipment makers Komatsu and Hitachi, down 1.3% and 2.6%. The Nikkei share average gained 0.3% to 23,940.26. The broader
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News
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