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The formal agenda for the meeting, held at Google’s Asia-Pacific headquarters in Singapore, included presentations on economic crime and terrorism in the region. OSAC promotes “security cooperation between American private sector interests worldwide and the U.S. Department of State,” according to its website. But informal conversations among attendees soon turned to possible risks in China prompted by the arrest of Meng Wanzhou, the chief financial officer and “heiress” of Chinese telecom network equipment giant Huawei Technologies Co Ltd, who was detained in Canada on Dec. 1. The news of the arrest was made public on Wednesday.

Meng, the daughter stainless steel mother of pearl mosaic engravable cufflinks of Huawei’s founder, was held at Washington’s request as part of a U.S, investigation of an alleged scheme to use the global banking system to evade U.S, sanctions against Iran, people familiar with the probe said, The arrest has roiled global markets amid fears that it could further inflame the Sino-U.S, trade row, Risk consultants and analysts said that the arrest could prompt Beijing to retaliate in some form, “This will pressure a lot of Chinese officials to look strong in this dispute,” said Nick Marro, Hong Kong-based Asia analyst at the Economist Intelligence Unit, who added that technology companies were particularly at risk..

“This could mean either taking a stronger stance on trade negotiations, or taking a stronger stance on U.S. tech firms in China right now.”. Asked whether there would be any retaliation against any foreign executives in China, Foreign Ministry spokesman Geng Shuang said on Friday China has always protected the lawful rights of foreigners in China in accordance with the law. “Of course in China they should respect China’s laws and rules.”. OSAC says it is made up of 34 private and public sector member organizations. It lists its events on its website, including the Dec. 6 meeting in Singapore. There was also a separate listed meeting held in Shanghai on the same day.

Prashant Nayak, Disney’s Asia Pacific director of corporate security, posted about the Singapore meeting on LinkedIn, tagging other executives at Google, Facebook, Amazon.com Inc (AMZN.O), Marriot International Inc (MAR.O), Microsoft Corp (MSFT.O) and others, Nayak did not respond to a LinkedIn message seeking further comment, The second person with knowledge of the event said the Huawei arrest and potential fallout was a hot topic at the meeting, A senior diplomat from the U.S, embassy stainless steel mother of pearl mosaic engravable cufflinks in Singapore gave opening remarks, but an embassy spokesperson said she left before any discussion..

Asia-based risk consultants said they had seen a rise in the number of clients asking about the Huawei issue and potential concerns related to the impact on U.S. firms in China. Jakob Korslund, CEO of Singapore-based consultancy Deutsche Risk, said his firm had received a number of enquiries in the last two days asking about the risks of traveling to China. “For a few we have advised postponing trips that were not time critical, telling clients to wait for the next few weeks to see the situation,” he said.

(Reuters) - Wall Street’s main indexes fell more than 2 percent on Friday in a broad sell-off led by declines in big Internet and technology shares, and posted their largest weekly percentage stainless steel mother of pearl mosaic engravable cufflinks drops since March as concerns over U.S.-China trade tensions and interest rates convulsed Wall Street, The S&P 500 erased virtually all of its gains from a week earlier, when the benchmark index notched its biggest weekly rise in seven years, Following a weekend truce between Washington and Beijing in talks in Argentina, stocks have been volatile all week as investors comb through the news looking for signs of whether a trade-tension cloud over the stock market would dissipate..

Concerns over U.S.-China trade relations were fanned by White House trade adviser Peter Navarro’s comments that U.S. officials would raise tariff rates if the two countries could not come to an agreement during a 90-day negotiating period. Along with trade, Wall Street has been focused on bond yields and the direction of interest rate policy from the Federal Reserve, with some investors expecting a slower pace of hikes than previously anticipated. “It’s a crisis of confidence on the trade situation, what’s going to happen there, and maybe a little bit of a crisis of confidence in the Fed, given how quickly they have got to change their tune,” said Walter Todd, chief investment officer at Greenwood Capital Associates in Greenwood, South Carolina.

The Dow Jones Industrial Average .DJI fell 558.72 points, or 2.24 percent, to 24,388.95, the S&P 500 .SPX lost 62.87 points, or 2.33 percent, to 2,633.08 and the Nasdaq Composite .IXIC dropped 219.01 points, stainless steel mother of pearl mosaic engravable cufflinks or 3.05 percent, to 6,969.25, Technology shares tumbled, with the S&P 500 tech sector down 3.5 percent, Healthcare shares .SPXHC, the biggest gainer among major S&P sectors this year, dropped 2.5 percent, The S&P 500’s 50-day moving average fell below its 200-day moving average, a phenomenon known as a “death cross” and one that some market watchers see as a bearish near-term signal..

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