Asian billionaires embark on UK spending spree as pound nosedives

China and Hong Kong’s super-rich buy up everything from skyscrapers to private schoolsChina’s president, Xi Jinping, and David Cameron famously sealed their countries’ “golden era” friendship in 2015 over a pint of Greene King IPA at the Plough at Cads…

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‘Strong economy through 2020’: Trump and advisers insist no looming recession

Peter Navarro and Larry Kudlow dispute market indicatorsTariffs are hurting China not US, trade aide insists Donald Trump’s chief trade advisers insisted on Sunday the US is not facing a recession which markets appear to fear and which could cost the p…

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Huawei boss: UK ‘won’t say no to us’ over 5G rollout

Ren Zhengfei confident of UK deal with Chinese company, but security concerns remainThe founder and chief executive of Huawei has said Britain “won’t say no to us” over the Chinese firm’s involvement in the rollout of 5G mobile internet infrastructure….

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Warning signs for global economy: the countries spooking investors

From the US-China trade war through to the problems affecting Germany, Brazil, the UK and moreStock markets have taken fright over a number of warning signs from key economies, the latest this week being the inversion of the US bond yield curve and new…

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Mystery $15m Iran shipment exposes Australian-owned firm to sanctions threat

Exclusive: shipping records and leaked video show subsidiary of multinational Incitec Pivot reloaded cargo from Iran, which is subject to stringent US sanctionsAn Australian-owned multinational is at the centre of a mysterious $15m shipment from Iran t…

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