Magna-BAIC deal raises prospects for an "automotive Foxconn" in China

Imagination Technologies announced recently it has struck a deal with BAIC Capital, a Beijing-based investment unit of China's state-owned automaker BAIC Group, to initiate the establishment of an automotive fabless semiconductor company......»»

Mere hours after WSJ reported that trade-deal negotiations had hit a snag over how to roll back restrictions on Huawei - something that President Trump reportedly promised President Xi as a prec.....»»

Magna The world's largest contract carmaker is leveraging its expertise to move into the huge Chinese EV market. Magna will form two joint ventures with China's BAIC. The companies already have a deal in place to develop an electric vehicle; M.....»»

JUSDA, a supply chain platform that spun off Foxconn Technology Group, has raised $356 million in its Series A round – the largest private fundraising deal to happen in China this year. read more.....»»

Oil futures ended higher on Tuesday, getting a boost as economic data from China hinted at better prospects for energy demand. Meanwhile, discussions in Vienna aimed at bringing the .....»»

The cloud service provider increased the size of the deal to 30 million shares on Friday.....»»

Getty Images Phil.....»»

Oil futures finish higher on Thursday as news of the Senate approval of the U.S.-Mexico-Canada trade agreement, along with the signing of the China-U.S. trade deal on Wednesday, boosted prospects for energy demand......»»

Key stock market indexes climbed after a U.S. China trade deal was signed on Wednesday, but the deal still raises questions over how long it can ease trade tensions. David Pollard reports......»»

The euro, the pound and a clutch of trade-sensitive currencies rallied as the dollar slid to a six-month low on Tuesday, as investor confidence in global growth prospects and the Phase 1 U.S.-China trade deal spurred a risk-on move......»»

Gold prices end lower on Thursday as President Donald Trump’s tweet that a trade deal with China is near rallied the stock market, dulling demand for the haven metal......»»

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The first quarter was a breeze as Powell pivoted, and China seemed eager to reach a deal with Trump. Both the S&P 500 and Russell 2000 de.....»»

U.S. stocks bounce higher Thursday with investors still optimistic about prospects for a partial U.S.-China trade deal......»»

U.S. stocks bounce higher Thursday with investors still optimistic about prospects for a partial U.S.-China trade deal......»»

U.S. stocks are marginally lower Thursday with investors still optimistic about prospects for a partial U.S.-China trade deal......»»

U.S. stocks were slightly lower early Thursday, after opening higher with investors optimistic about prospects for a partial U.S.-China trade deal.....»»

China warned on Wednesday that the U.S. House of Representatives bill calling for a tougher U.S. response to Beijing's treatment of its Uighur Muslim minority will impact bilateral cooperation, clouding prospects for a near-term deal to end a trade war......»»

Asian stocks edged up on Thursday on signs the United States and China were on track for a preliminary trade deal, though optimism was tempered by the almost daily shifts in prospects for defusing the damaging tariff war now in its second year......»»

China warned on Wednesday that the U.S. House of Representatives bill calling for a tougher U.S. response to Beijing's treatment of its Uighur Muslim minority will impact bilateral cooperation, clouding prospects for a near-term deal to end a trade war......»»