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Bank of America traded about 5 percent lower after reporting weak earnings. Goldman Sachs and Citigroup declined about 4 percent each as the financial sector struggled.
Baowu is well known for its silicon iron and auto sheets, while Magang's vehicle wheel steel is widely used on bullet trains.[Photo/VCG]

BUENOS AIRES -- The United Nations Economic Commission for Latin America and the Caribbean (ECLAC) on Thursday spotlighted China as an important trade partner for countries in the region, such as Argentina.
Because China's economy is still significantly exposed to foreign consumption of its goods and services, a protracted trade dispute could be disruptive to the country's manufacturing sector, which is heavily reliant on this demand, said Erik Lundh, the board's senior economist for China.
Baidu said its artificial intelligence cloud services have won certification from authorities in Singapore, and has started to provide full-suite cloud services to Chinese internet, online game and financial companies which use Singapore as a hub of their global operations. Local Singapore companies are also clients.
来源:资阳报