News Center

White House adviser expresses optimism about China trade progress

White House adviser expresses optimism about China trade progress

Investing.com -- Kevin Hassett, a White House economic adviser, expressed hope for progress in trade discussions with China, during his appearance on CNBC’s "Squawk Box" program on Thursday. He highlighted China’s recent steps towards reducing some tariffs as a positive sign of potential advancement in the negotiations.Hassett mentioned that there have been "loose discussions" between the two ...

2025-05-02 04:38:07
HSBC to lose Asia expert as Chairman Mark Tucker announces retirement

HSBC to lose Asia expert as Chairman Mark Tucker announces retirement

By Lawrence White LONDON (Reuters) -HSBC said on Thursday that Chairman Mark Tucker will retire by the end of this year, after nearly eight years in the role at Europe’s biggest bank presiding over its dramatic shrinking and navigating of Sino-U.S. tensions. Tucker, the bank’s first ever externally-recruited Chairman, will remain as a strategic adviser to CEO Georges Elhedery, the bank said, a ...

2025-05-02 04:37:00
Tariff talks progress, news expected by day’s end: Hassett

Tariff talks progress, news expected by day’s end: Hassett

Investing.com -- Kevin Hassett, Director of the National Economic Council, expressed optimism regarding ongoing tariff discussions, stating that the Trump administration is making headway. He indicated that updates on the matter are likely to be announced before the end of the day.Hassett made these comments during an appearance on CNBC. He expressed hope for progress with China, stating that they ...

2025-05-02 04:34:40
Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.10%

Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.10%

Investing.com – Saudi Arabia stocks were lower after the close on Thursday, as losses in the Media & Publishing, Energy & Utilities and Real Estate Development sectors led shares lower.At the close in Saudi Arabia, the Tadawul All Share declined 1.10%.The best performers of the session on the Tadawul All Share were Saudi Printing & Packaging Company (TADAWUL:4270), which rose 6.18% o ...

2025-05-02 04:33:38