Huawei CFO Arrest Over US Sanctions Causes Stock Plunge
Asian markets fell sharply after Canadian authorities arrested Huawei’s chief financial officer on allegations of violating U.S. sanctions against Iran. Investors who had hoped the recent G20 summit would ease U.S.–China trade tensions were disappointed by the arrest. Markets had reacted positively to the truce announced by President Trump following his meeting with China’s leader, … Read more