Hong Kong protests

Here is what you need to know.

Hong Kong police clash with protestors. Police on Wednesday used tear gas to disperse Hong Kongers rallying against a controversial extradition bill that would give China more power over the territory.
Trump says he is the one who’s now holding up a trade deal with China. “China wants to make a deal very badly,” President Donald Trump told reporters outside the White House on Tuesday. “It is me right now that is holding up the deal. And we’re going to either do a great deal with China or we’re not going to do a deal.”
A top DOJ official says the department has everything it needs to go after big tech. “We already have in our possession the tools we need to enforce the antitrust laws in cases involving digital technologies,” Makan Delharim, the top antitrust official in the Justice Department, said in the speech on Tuesday, according to CNBC. “US antitrust law is flexible enough to be applied to markets old and new.”
Morgan Stanley updates its bear case for the trade war. Strategists at Morgan Stanley say in a worst-case scenario the trade war could cause the stock market …read more

Source:: Businessinsider – Finance


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