Investors continue to watch for developments on the coronavirus front amid hopes of global economies reopening as social distancing measures are eased.
The Center for Strategic and International Studies projected that exports of U.S. goods to China could come in at only $60 billion for the entire 2020 — much lower than what's outlined in the "phase one" trade deal.
The world's largest oil exporter is suffering from slumping prices, while at the same time measures to fight the new coronavirus are likely to curb the pace and scale of economic reforms launched by Crown Price Mohammed bin Salman.
Tesla CEO Elon Musk has been sparring with regulators over local shelter-in-place orders aimed to combat the spread of the coronavirus as the company's production plants remain closed.
Katie Miller, the Pence press secretary, also handled communications for the coronavirus task force. The news came a day after the revelation that a personal valet for President Trump tested positive.
Tesla had wanted to start production again in Fremont, California, on Friday afternoon, but officials said the company did not have authorization to break shelter-in-place rules. The plant is where the company makes vehicles for Europe and North America.
Chinese authorities on Sunday reclassified the city of Shulan in China's northeastern province of Jilin as high-risk for the coronavirus after 11 new cases were confirmed there on May 9.
The Chinese foreign ministry has dedicated most of its press briefings over the past week to rejecting accusations by U.S. politicians that China had withheld information about the new coronavirus and that it had originated in a laboratory in the city of Wuhan.
Chinese internet giant Tencent has been surveilling content posted by foreign users on its wildly popular messaging service WeChat in order to help it refine censorship on its platform at home, according to a new report.
With a major power competition heating up between the United States and China, alongside a systemic struggle between authoritarian and democratic forms of government, how the European Union emerges from its COVID-19 challenges could be of decisive significance for world democracies.
Fresh coronavirus outbreaks at slaughterhouses in Germany and new cases reported Saturday in South Korea linked to a man who had visited multiple nightclubs highlighted the challenges authorities face as they seek to open up their economies.