Wall Street mixed as China-U.S. tensions weigh

(Reuters) – Wall Street was mixed on Friday in a mostly tame finish to a week of strong gains, as investors gauged China-U.S. tensions and amid ongoing uncertainty about the pace of economic recovery from the coronavirus. President Donald Trump’s

Banks pursue Luckin Coffee chairman's assets after loan default

HONG KONG (Reuters) – The banks that lent $518 million to Luckin Coffee (LK.O) Chairman Charles Zhengyao Lu have started court proceedings to liquidate his private company, a government gazette for the British Virgin Islands showed. The notice, published on

Global stocks skid as Hong Kong returns as Sino-U.S. flashpoint

TOKYO (Reuters) – Global shares tumbled on Friday as Hong Kong’s political unrest returned as a flashpoint in fast-deteriorating U.S.-China relations, following Beijing’s moves to impose a new security law on the city. The Asian financial hub’s benchmark Hang Seng