Scott Bessent

New Business

‘Not going away in 90 days’: Wall Street skeptics sit out rebound trade as data shows toll

Michael Mullaney’s mind was elsewhere during the market rebound this week, even as stocks surged, borrowing costs for Corporate America…

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Opinion | Trump wants a great monetary reset. Where can the world hide?

Chaotic as it seems, Donald Trump’s tariff war is a deadly serious attempt to address what he and his team…

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Sky-high US tariffs to hit Boeing, Chinese airliners and China’s home-grown jets

In the midst of trade upheaval, Boeing’s customers in China have “indicated that they will not take delivery” on up…

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Hong Kong stocks decline as US-China tariff tensions weigh on market sentiment

Hong Kong stocks fell for the first time in four days on Thursday, as sentiment deteriorated after the US Treasury…

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Trump’s ‘anxious’ tariff comments put China in control, analysts say

The White House’s latest signs of easing its position on tariffs against China do not indicate a notable advancement in…

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Battered dollar drifts lower on tariff nerves

The dollar drifted lower on Monday after an early bump off a three-year low, as investor confidence in the world’s…

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Delisting of US-listed Chinese firms to boost Hong Kong’s status as fundraising hub

Hong Kong is likely to benefit from the delisting of mainland Chinese firms from American exchanges should the US follow…

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New Business

‘Everything’s on the table’: are the US and China edging toward financial war?

As the trade war between China and the United States continues to escalate, fears are spreading that the conflict may…

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New Business

Trump declines to rule out 2025 US recession; commerce secretary says ‘absolutely not’

US President Donald Trump declined on Sunday to rule out the possibility that the United States might enter a recession…

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China’s Vice-Premier He, US Treasury’s Bessent spar over tariffs, ‘economic imbalances’

China’s Vice-Premier He Lifeng held a video call with US Treasury Secretary Scott Bessent on Friday, expressing “serious concerns” regarding…

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