Bloomberg China’s chances of escaping the trade conflict with the US with only minor damage to its economy just got slimmer. The US President Donald Trump doubled down on his threats to impose higher tariffs on nation’s goods, saying he’s ready to tax all imports ‘at short notice.’ While economists see immediate impact of trade tension as limited, the effect …

Bloomberg Returning from vacation is a drag — in life, in stocks. True to form, September started with the worst S&P 500 retreat since June. Anyone hoping last month’s momentum would persist was disappointed. After hitting a record on August 29, the index has fallen on five of six days, with the twin tech pillars of semiconductors and the FAANGs …

Bloomberg China’s currency outperformed its Asian emerging market peers this week, as state-owned banks were said to have squeezed short sellers last week before a potential wave of new US tariffs. After five months of declines, the offshore yuan was poised to become the strongest emerging market Asian currency in the first week of September. State-owned banks bought yuan forward …