Global stocks sank Wednesday after US President Donald Trump said he was not satisfied with talks that are aimed at averting a trade war with China. Equities were also dented by poor eurozone economic data, and as Trump cast doubt on a planned summit with North Korean leader Kim Jong Un. “Trump (is) continuing to drive uncertainty over global trade,” said analyst Joshua Mahony at trading firm IG. “European markets are following their Asian counterparts lower, as a pessimistic tone from Trump is compounded by downbeat economic data,” he added. Markets had surged Monday after US Treasury Secretary Steven Mnuchin and Chinese Vice Premier Liu He said they had agreed to pull back from imposing threatened tariffs on billions of dollars of goods, and continue talks on a variety of trade issues. However, Trump has declared that he was “not satisfied” with the status of the talks, fuelling worries that the world’s top two economies could still slug out an economically pain...
Prolific Nigerian striker Odion Ighalo will not be leaving Changchun Yatai and reports linking him with a return to the Premier League are “fake news”, the Chinese club says.
The forward was a regular goal scorer in the first half of his spell at English side Watford before moving to the Chinese Super League (CSL) with Changchun a year ago for a reported 20.9 million pounds ($29 million).
The 28-year-old went on to hit 15 goals in 27 CSL games, sparking speculation in European media that he could return to England’s top flight, with West Brom reportedly among those interested in him.
But Changchun chairman Liu Yuming has angrily quashed those claims, saying in quotes published on the club’s website: “I’m here to offer a piece of advice to whoever has bad intentions toward Yatai — we will take legal action when it is necessary and we will pursue their legal responsibilities for making up fake news.”
“We have excellent forwards such as Ighalo, is there any need to bring in another forward? Even if we do get someone in, it will be a midfielder,” Liu added, also denying that the CSL club are in for CSKA Sofia’s Brazilian striker Fernando Karanga.
“We don’t even know his name, let alone be interested,” said Liu.
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