Latest Global Business News

China demands release of Huawei CFO Meng Wanzhou

 
China is demanding the release of Huawei's chief financial officer who has been detained in Canada at the request of the United States.
 
For more on this and other news around the world we turn to our Ro Aram…
Aram… tell us more…
 
Well Mark… Meng Wanzhou, who is also the daughter of Huawei's founder, was arrested in Vancouver at the beginning of this month, but the charges remain unknown.
 
It is believed her arrest is part of a U.S. Justice Department probe into possible violation of sanctions against Iran.
She could face extradition to the U.S. and a bail hearing has been set for Friday.
 
The Chinese tech giant released a statement saying it is unaware of any wrongdoing by Meng.
It added that it complies with all laws and regulations where it operates, including international sanctions.
 
huawei cfo release demanded
 
China's foreign ministry demanded Canada release the CFO and explain why she was arrested.
"China has expressed our solemn position to Canada and the US regarding the case. China demands them to immediately clarify the reason for the arrest, release the detainee, and safeguard the legitimate rights and interests of the detainee."
 
Meng's arrest has sparked fresh doubts on the fate of a 90-day truce in the trade war between the U.S. and China.
The renewed fear that trade tensions could escalate has roiled global stock markets.
 
U.S., European and Asian stocks all took a hit on Thursday, but Wall Street did manage to recover session lows.
 

Add comment

Emails are optional and for tracking replies. Names are unique; get yours today with a comment!


Security code
Refresh

La Business

Netflix movies will still be eligible for Oscars next year
Netflix movies will still be eligible for Oscars next year

  Netflix and other streaming services will not face a tougher road to the Osc [ ... ]

Read more la
South Korean e-sports going global
South Korean e-sports going global

  South Korea is one of the world's leading countries in field of E-sports --  [ ... ]

Read more la
Oil prices surge to 6-month high as U.S. announces Iran oil embargo
Oil prices surge to 6-month high as U.S. announces Iran oil embargo

  Global oil prices have hit a six-month high after skyrocketing for two consecu [ ... ]

Read more la
Men's K-beauty set for success on world stage?
Men's K-beauty set for success on world stage?

  The ‘Hallyu’, or the Korean wave continue to make big on the global stag [ ... ]

Read more la
S. Korea's top inheritance tax rate the second highest in OECD
S. Korea's top inheritance tax rate the second highest in OECD

  Inheritance tax rates vary by each country,... but South Korean heirs pay so [ ... ]

Read more la
US, China trade talks will be successful: Trump
US, China trade talks will be successful: Trump

  The U.S.-China trade dispute that rocked global financial markets in recent mo [ ... ]

Read more la
Trump renews attack against Federal Reserve, claiming it has hindered US growth
Trump renews attack against Federal Reserve, claiming it has hindered US growth

  Blaming the U.S. Federal Reserve for hindering the country's economic growth [ ... ]

Read more la
IMF official warns global economy facing various threats; downgrades forecast
IMF official warns global economy facing various threats; downgrades forecast

  The head of the IMF is warning that the global economy,... which is alread [ ... ]

Read more la
EU leaders agree to delay Brexit until October 31
EU leaders agree to delay Brexit until October 31

  EU leaders have granted an extension to Brexit, setting a new deadline of Octobe [ ... ]

Read more la
Ghosn: ‘Conspiracy at Nissan led to my arrest’
Ghosn: ‘Conspiracy at Nissan led to my arrest’

  Former Nissan Chairman Carlos Ghosn has claimed he is innocent and accused e [ ... ]

Read more la
Cryptocurrency and its future outlook
Cryptocurrency and its future outlook

  We're seeing more and more people in South Korea using services involving  [ ... ]

Read more la
Jeff Bezos remains world's richest after most expensive divorce on earth
Jeff Bezos remains world's richest after most expensive divorce on earth

  The founder of Amazon has finalized his divorce with his now ex-wife,... a [ ... ]

Read more la
US China close in on final trade agreement to end spat
US China close in on final trade agreement to end spat

  The U.S. and China are negotiating a way to end their trade spat. This ro [ ... ]

Read more la
IMF chief says global economic growth has lost momentum
IMF chief says global economic growth has lost momentum

  The head of the IMF Christine Lagarde.... is warning that global economi [ ... ]

Read more la
Market action for the week in global stocks
Market action for the week in global stocks

  29 March 2019 - It's time now for an in-depth look at the market action to [ ... ]

Read more la
Europe's first underwater restaurant opens in Norway
Europe's first underwater restaurant opens in Norway

  Europe's first underwater restaurant has opened in Norway with more than sev [ ... ]

Read more la

Our Sponsors


La Latest

Netflix movies will still be eligible for Oscars next year

  Netflix and other streaming services will not face a tougher road to the Osc [ ... ]

Read more la
South Korean e-sports going global

  South Korea is one of the world's leading countries in field of E-sports --  [ ... ]

Read more la
Queen's 93rd birthday marked with almost 93 gun salutes

  The Queen's 93rd birthday was marked with gun salutes at Hyde Park and the [ ... ]

Read more la
Ice Fantasia 2019 in Seoul presents top figure skaters around world

  Ice Fantasia 2019 - a figure skating gala exhibition featuring the world's top [ ... ]

Read more la
AI Robot paints its own moonscapes in traditional Chinese style

  A Hong Kong artist has created an artificial intelligence robot which create [ ... ]

Read more la
ISIS claims responsibility for Sri Lanka Easter bombings that killed over 300

  The death toll of the terror attack in Sri Lanka on Easter Sunday cont [ ... ]

Read more la
Oil prices surge to 6-month high as U.S. announces Iran oil embargo

  Global oil prices have hit a six-month high after skyrocketing for two consecu [ ... ]

Read more la
Prince Louis celebrates his first birthday

  Prince Louis of Cambridge is celebrating his first birthday. The Prince was  [ ... ]

Read more la

La Entertain

Ady An Yixuan pregnant photoshoot with baby son; how to fxxx a billionaire husband...

On 24 April 2019, sexy Taiwanese actress Ady An Yixuan (38) shares with us her first public appearan [ ... ]

Read more la
Andy Yang Zi secretly looking for boyfriends online?

On 24 April 2019, fans of Andy Yang Zi (26) - yes, that's right, this lady's English name is Andy Ya [ ... ]

Read more la
Avengers: Endgame hits record 2 million advance cinema ticket sales

  There's unprecedented interest in South Korea about the new Avengers film. [ ... ]

Read more la
Song Hyekyo shares naked arms & legs in new sexy photoshoot

On 22 April 2019, South Korean darling Song Hyekyo shares with us her latest sexy photoshoot, baring [ ... ]

Read more la
Joe Chen QiaoEn & mv boyfriend Hu Xia celebrate her birthday; Wang Kai missing in action

Recently, Taiwanese actress Joe Chen QiaoEn, celebrated her big Four Zero - 40 - birthday around 4 A [ ... ]

Read more la
BTS' new video sets 3 Guinness World Records

  K-pop stars BTS have made music video history after the video for their so [ ... ]

Read more la
Kris Wu sings to mother at Nanjing Alive Tour; girlfriend Guli Nazha on mc

On 20 April 2019 Saturday night, Kris Wu was holding his concert in Nanjing and charmed his fans wit [ ... ]

Read more la
Lynn Hung's twin daughters celebrate birthdays, Kaylor & Lyvia Kwok, not with ex-boyfriend Aaron Kwok

On 19 April 2019, Lynn Hung (38, Xiong Dailin) shares photos of her twin daughters celebrating their [ ... ]

Read more la