Tag: China
China’s Largest Gay App Aims for One Billion Dollar Stock Listing
The largest gay dating app in China, Blued, is set to list be listed on the US stock exchange and could be valued as much as $1 billion. Blued boasts more than 40 million users and it’s suggested could be the largest gay app in the world even surpassing Grindr, which is also owned by
Trump to announce EU beef trade agreement: source
WASHINGTON (Reuters) - U.S. President Donald Trump will formally announce an agreement to open up European markets to more U.S. beef exports, a person familiar with the deal told Reuters.
EU sources and diplomats in June said a deal had been reached to allow the United States a guaranteed share of a 45,000 tonne European Union quota for hormone-free beef.
Trump is scheduled to make an announcement at the White House at 1:45 p.m. (1745...
Watch live: Donald Trump set to make EU trade announcement
US President Donald Trump is set to announce a deal on Friday to sell more American beef to Europe, announced White House economic adviser Larry Kudlow.
You can watch live on this page from 19:45 CEST.
The European Commission has highlighted that any beef deal will not increase overall beef imports and that all beef coming in would have to be hormone-free to respect EU food safety regulations. Any deal would have to be approved by the European Parliament.
US and European...
Trump to announce EU beef trade deal Friday: economic adviser Kudlow
WASHINGTON (Reuters) - U.S. President Donald Trump will announce a deal on Friday to sell more American beef to Europe, White House economic adviser Larry Kudlow said, marking a modest win for an administration that remains mired in a trade war with China.
Kudlow told reporters that a scheduled announcement on trade with the European Union at 1:45 p.m. (1745 GMT) on Trump’s daily agenda was to unveil an agreement on beef.
The European Commission has...
Trump: U.S. will hit $300 billion worth of Chinese goods with 10% tariff
WASHINGTON (Reuters) - U.S. President Donald Trump said on Thursday he would impose an additional 10% tariff on $300 billion worth of Chinese imports starting Sept. 1, as talks aimed at easting tensions between the world’s two largest economies continue.
“Trade talks are continuing, and during the talks the U.S. will start, on September 1st, putting a small additional Tariff of 10% on the remaining 300 Billion Dollars of goods and products coming from China into our Country. This...
State Department’s policy planning chief ‘fired’: sources
WASHINGTON (Reuters) - The head of policy planning at the State Department, Kiron Skinner, was fired on Thursday after nearly a year in the job, according to two sources familiar with the decision.
The State Department declined to comment. Skinner did not respond to repeated emails requesting comment.
The sources said Skinner, one of the highest-ranking African-American officials in the State Department, was told on Thursday she was being dismissed effective immediately.
Skinner, a foreign policy scholar, was hired...
Six bombs explode in Bangkok as city hosts major security meeting
A total of six bombs exploded at three locations in Bangkok on Friday and one explosive device was recovered before it blew up, a senior police officer said.
Four people were wounded, the Erewan Medical Centre said, adding that none of the injuries are serious and that "all are receiving medical attention at hospitals."
The blasts were heard shortly after 9 am local time (04:00 CEST) as the Thai capital hosted a Southeast Asian security meeting attended by top officials from...
Trump to make EU trade announcement on Friday: White House
WASHINGTON (Reuters) - U.S. President Donald Trump will make a trade announcement about the European Union later on Friday, according to a notice from the White House issued late on Thursday night.
Trump’s daily schedule said there was an announcement scheduled for 1:45 p.m. (1745 GMT) but gave no other details.
Representatives for the White House did not immediately respond to a request for comment. Representatives for the EU could not be immediately reached.
The Trump administration has been...
Trump: U.S. will hit $300 billion worth of Chinese goods with 10% tariff
WASHINGTON (Reuters) - U.S. President Donald Trump said on Thursday he would impose an additional 10% tariff on $300 billion worth of Chinese imports starting Sept. 1, as talks aimed at easting tensions between the world’s two largest economies continue.
“Trade talks are continuing, and during the talks the U.S. will start, on September 1st, putting a small additional Tariff of 10% on the remaining 300 Billion Dollars of goods and products coming from China into our Country. This...
The US Ghosted Grindr & China Came Running • Instinct Magazine
Photos by Hermes Rivera on Unsplash & Grindr / Edited By Devin Randall
Grindr’s IPO plan is back in action, as the U.S. has decided to drop its opposition to Grindr being owned by a Chinese gaming company.
Currently, Beijing Kunlun Tech owns Grindr. The company slowly bought a majority share of the app before completely buying it later on. Kunlun Tech then planned to take Grindr’s Stock public. But then earlier this year, the Committee on Foreign Investment in the...
Trump warns China not to wait for 2020 U.S. election to make trade deal
WASHINGTON (Reuters) - U.S. President Donald Trump on Tuesday warned China against waiting out his first term in office to finalize any trade deal, saying if he wins re-election in the November 2020 U.S. presidential contest, the outcome could be no agreement or a worse one.
“The problem with them waiting ... is that if & when I win, the deal that they get will be much tougher than what we are negotiating now...or no deal at all,” Trump...
Trump blasts Fed ahead of meeting, says likely to ‘do very little’
WASHINGTON (Reuters) - President Donald Trump on Monday downplayed any possible action by the Federal Reserve before U.S. central bank’s meeting this week, even as its rate-setting panel is expected to lower borrowing costs.
“The E.U. and China will further lower interest rates and pump money into their systems, making it much easier for their manufacturers to sell product. In the meantime, and with very low inflation, our Fed does nothing - and probably will do very little by...
Watch Live: Hong Kong’s Chief Executive Carrie Lam gives news conference following violent clashes
Hong Kong's embattled Chief Executive Carrie Lam gives a news conference following violent clashes on Sunday night.
Protesters have been demonstrating for several weeks over an extradition bill.
They are demanding the full withdrawal of a bill to allow people to be extradited to mainland China for trial, where the courts are controlled by the Communist Party, fearing it would undermine Hong Kong's judicial independence.
They are also demanding independent inquiries into the use of police force against protesters.
On Sunday night, men...
U.S. State Department says concerned by reports of Chinese interference in South China Sea
WASHINGTON (Reuters) - The U.S. State Department said on Saturday it is concerned by reports of China’s interference with oil and gas activities in the South China Sea, including Vietnam’s long-standing exploration and production activities.
“China’s repeated provocative actions aimed at the offshore oil and gas development of other claimant states threatens regional energy security and undermines the free and open Indo-Pacific energy market,” the State Department said in a statement.
Vietnam on Friday accused a Chinese oil survey...