Brexit would hurt Europe’s major banks, watchdog warns

Brexit would hurt Europe’s major banks, watchdog warns

A British vote to leave the European Union would have a ripple effect across the banking industry in Europe, impacting major banks the most, a financial watchdog group is warning. Germany’s largest banks would be hit the hardest, given their heavy exposure to...
China’s Factory Heartland Braces for Trump’s Big Tariff Hit

China’s Factory Heartland Braces for Trump’s Big Tariff Hit

Long-term effects of Donald Trump’s tariffs are causing concern among China’s manufacturers. Bottom line for U.S. consumers: higher prices. Source: Bloomberg In China’s manufacturing heartland around the Pearl River Delta, Donald Trump’s 10 percent tariffs...