International News
China calls for halt to US agriculture purchases, says report
Beijing has instructed its state-owned companies to halt imports of US agricultural products in response to President Trump's fresh tariff proposals on Chinese goods, according to a report from Bloomberg.
US open: Stocks drop at the bell as trade war heats up again
US stocks opened sharply lower on Monday, following on from heavy losses seen across Asian indices overnight.
US services sector activity slows unexpectedly in July, ISM says
America's services sector slowed last month, contrary to economists' forecasts, amid a slowdown in output, new orders and price gains, although hiring did pick up.
PBoC says China will not seek competitive devaluation of yuan
The People's Bank of China said on Monday that the country would not manipulate the value of its currency as a tool in its ongoing trade dispute with the US.
Asia report: Markets lower as Hong Kong tensions continue
Most markets in Asia finished lower on Monday, with Hong Kong’s benchmark index turning in a significant drop, as that part of the region grappled with a general strike amid ongoing political protest.
China lets yuan weaken sharply against US dollar and euro
China let the yuan fall below the pyschological 7. 0 yuan level to the US dollar on Monday, reaching its weakest level in a decade against the Greenback, in response to US President Donald Trump’s latest round of tariffs.
US pre-open: Futures point to heavy losses following tumultuous Asian session
US futures had stocks opening sharply lower at the bell on Monday, following on from heavy losses seen across Asian indices overnight.
Just Eat and Takeaway.com agree merger terms
Just Eat and Takeaway. com have agreed the terms of a merger that will create one of the largest food delivery companies in the world.