Skip to main content

Trade War - SERIES 65 {13 articles}

German consumers shake off US trade war fears


undefined ✔ A measure of expectations about the Germany economy climbed 6.5 points in the month to 22.2, after having followed a downward path for much of the year ✔ Other confidence measures were less robust, however ✔ Consumers’ attitudes to spending edged down by a point but held close to previous highs, propped up by the strength of the national job market

The trade war won't cause any 'major' hit to China's economy, Morgan Stanley says


The Chinese government will continue implementing measures in order to cushion its economy from the impact of the ongoing trade spat with the U.S., a leading China economist said Wednesday. ✔ That will spur Beijing to take up more meaningful easing measures such as tax cuts and boosts to credit and liquidity in China's financial system ✔ Morgan Stanley expects China's GDP growth to slow to 6.4 percent in the first half of next year from the official 6.8 percent figure for the first half of this year, Xing said

Europe will be the big loser in US trade war with China, economist warns


The chief economist for the Edmond de Rothschild asset management firm has claimed that Europe is set to be a big loser in the trade war between the United States and China. ✔ No crisis for Italy Switching focus, the chief economist added that she foresaw no looming crisis for debt-laden Italy ✔ The economist added that a lack of structural reform for countries such as Italy and France was continuing to fuel weakness across the euro zone

Conclusion to RCEP talks 'finally in sight,' Singapore PM says


Members seek harmony in two-day gathering amid escalating US-China trade war ✔ The members are negotiating in 18 areas, of which four have been agreed so far: Economic and technical cooperation, small and medium-size enterprises, customs procedures and trade facilitation, and government procurement ✔ The participants are expected to give a progress report after this week's talks are concluded

Dollar little changed as investors await trade news


The dollar inched higher on Wednesday after dipping to a four-week low overnight, but relief over a U.S-Mexico trade deal was dimmed by concerns that the China-U.S. trade war will drag on for some time. ✔ MUFG’s Uchida said the dollar’s recent slide has been softened by gains on U.S. stock markets even as investors unwind more of their safe-haven bets on the greenback ✔ China’s offshore yuan was nearly flat at 6.8091 yuan per dollar, trading in a tight range for the third session in a row after the central bank announced fresh steps on Friday to stabilise the currency.[CNY/] Our Standards:The Thomson Reuters Trust Principles

Trump claims China hacked Clinton emails


undefined ✔ Mr Trump is currently waging a trade war against China and has in recent weeks railed against the investigation by Robert Mueller, the special counsel tasked with investigating possible links between the president’s campaign and Russia ✔ The late-night tweets come after a series of high-profile setbacks for the president

Pernod Ricard quenches Asia’s thirst as global sales rise


undefined ✔ The situation in China is quite different now, it’s about private consumption more than gifting, said Helene de Tissot, chief financial officer ✔ It’s much healthier as it’s much more diversified across brands and there is an emerging middle class that is bringing new consumers every year ✔ Ms de Tissot that the group is closely monitoring the threat of a global trade war

Hong Kong shares set course for third day of gains


CCB, BOC slip after 1H results miss some forecasts while ABC climbs on earnings ✔ HONG KONG (Nikkei Markets) -- Hong Kong shares eked out marginal gains after a choppy morning session on Wednesday amid lingering optimism over the revival of a trade deal between the U.S. and Mexico ✔ The U.S. reaching a deal with Mexico gives a glimmer of hope on Sino-American talks, he said, but we're more uncertain on those talks

Asia shares subdued, dollar befuddled by trade doubts


Asian shares crept marginally higher on Wednesday as optimism over the U.S.-Mexico trade deal was quickly clouded by caution ahead of a looming deadline on tariffs with China. ✔ President Trump warned that he could proceed with Mexico alone and levy tariffs on Canada if it does not come on board with the revised trade terms ✔ It was going nowhere on the yen at 111.20 JPY=, having spent the past three sessions in a 110.93/111.49 range ✔ [O/R] Our Standards:The Thomson Reuters Trust Principles

Seoul bourse unlikely to rebound in 2nd half


undefined ✔ I believe Seoul stocks have reached their lowest level ✔ According to the Korea Exchange, retail investors have sold their shares for days ✔ However, investor confidence among retail investors has cooled off too much ✔ Without recovering their confidence, it won't ride above the trading range

Yuan eases on dollar demand, snapping a 3-day winning streak


China's yuan weakened against the U.S. dollar on Wednesday, snapping a three-day winning streak, pulled lower by rising corporate demand for cheaper greenbacks. ✔ The note added that a slew of market stabilising measures rolled by the central bank were consistent with managing CNY in a broader range ✔ It maintained its forecast for the yuan to trade at 6.95 per dollar at the end of 2018 ✔ Our Standards:The Thomson Reuters Trust Principles

Analysis | Trump’s quixotic quest for a trade-deal victory


Despite the president's frequent talk of trade deals, he has yet to finalize any big changes. ✔ Canadian Foreign Minister Chrystia Freeland arrived in Washington on Tuesday for talks, but few expect her to readily agree to a new deal, given the poor state of U.S.-Canada relations and Ottawa’s support for NAFTA ✔ But the second part of his equation that this would lead to better deals has yet to materialize

Trump's bet on Kim Jong Un is looking increasingly shaky


President Donald Trump took a huge risk by holding a summit with North Korean leader Kim Jong Un and hailing it as a stunning history-changing success. ✔ After all, while those concessions from North Korea are welcome, it's obvious that the fundamentals of the threat -- Pyongyang's arsenal of atomic weapons and missiles -- have not fundamentally changed ✔ Therefore, it will be crucial for Kim, seeking to play on Trump's need for breakthroughs, not to push the President too far or to give him the impression that he is being taken advantage of

>>> Open This Series
Labels:

Comments

Post a Comment

Popular posts from this blog

Travel - SERIES 66 {14 articles}

Tourism plays important role in promoting mutual understanding between China, India - Travel 8/30/2018, 1:42:13 AM undefined ✔ According to him, Hangzhou was adjudged as one of the top 15 global tourist destinations last year, and it's the home of the world's largest e-commerce giant Alibaba ✔ He added that the India-China relationship was special in many ways as our historical and civilizational links naturally bond us together TV host and fashion icon who introduced China to the world 8/30/2018, 12:02:15 AM Today, Chinese people travel and study abroad, watch blockbusters at cinemas, order international fashion brands online, and do business with people from other countries. ✔ Yue-Sai Kan demonstrates makeup for customers in a shopping center in Shanghai in 1996 ✔ The show lasted a year, running for 48 episodes on China Central Television, the State broadcaster, and covering 14 countries ✔ So many people would say to me, 'I never knew the outside world was lik...
Post a Comment
Read more

Travel - SERIES 305 {27 articles}

Are we there yet? Tips for road-trip harmony 10/22/2018, 12:16:35 PM When you think of road trip games, "I Spy" or the "License Plate Game" come to mind. But sometimes your fellow passenger wants to pick a fight. ✔ The safest rooms are located on the side of the hotel farthest from the front entrance, located above ground level but not on the top floor (nothing higher than the sixth floor), without a balcony and not overlooked by another room ✔ Check an online travel agency like Expedia or Booking.com or call your travel agent ✔ Check the rate against the price your preferred hotel would charge if you book direct ✔ Contact him at chris@elliott.org or visit elliott.org The country where people will live longest by 2040 – but UK's not in the top 20 10/22/2018, 1:57:45 PM JAPAN has been toppled from first place as the country with the highest life expectancy. The country where people can expect to live the longest is now Spain. A report by the Institute...
Post a Comment
Read more

Trade War - SERIES 107 {19 articles}

US-China trade war worries are 'overdone,' says CEO 9/10/2018, 3:39:36 AM Worries about the U.S.-China trade war are overdone because the impact on China will not be as immediate and challenging as investors may expect, says Jonathan Slone, CEO of brokerage and investment group CLSA. ✔ Investors are beginning to understand the picture is much more complex than just this noise that we hear over trade, he said ✔ Don't forget they have a demographic challenge, so they're actually changing their industrial policy to fit in with the secular change you're seeing in those overall trade negotiations Trade war fears scupper Volvo Cars initial public offering 9/10/2018, 1:15:09 AM undefined ✔ Like all large car manufacturers, Volvo is facing potential disruption to its business from the global trade war that has seen the US threaten to ramp up tariffs on automotive imports from Europe and China ✔ Volvo is still pursuing an ambitious midterm plan to double sales an...
Post a Comment
Read more

Travel - SERIES 293 {31 articles}

Selfies in the Korean DMZ – and other unusual border travel experiences 10/19/2018, 2:43:20 PM undefined ✔ Such is the political turbulence that has come to define this second decade of the 21st century that it seems we can go from the worrying - and uncomfortably plausible - prospect of global nuclear warfare to selfies on the frontline in the space of less than 18 months ✔ The Wagah border ceremony is quite the spectacleCredit:AFP/SUJIT JAISWAL India-Pakistan While not quite enemies in the Korean style, India and Pakistan can never be described as best buddies The person giving you official travel advice may be an inmate 10/19/2018, 12:11:51 PM A unique program in North Carolina trains female inmates to dispense travel advice and handle roadside assistance for official state toll-free numbers. ✔ The program began in the 1980s, when tourism inquiries were handled by state employees or an imperfect computer system ✔ It’s all about beaches and families scouting universi...
Post a Comment
Read more

Disasters - SERIES 353 {27 articles}

Canada earthquake: Is there a tsunami alert in Canada after three 6 magnitude tremors? 10/22/2018, 9:45:58 PM CANADA was hit by three strong earthquakes struck on Sunday night. But is there a tsunami alert in place? ✔ The earthquakes hit Canadian province British Columbia in less than an hour, according to the United States Geological Survey ✔ However, no casualties or any damage was reported ✔ At 10.39pm local time, the first 6.6 magnitude earthquake hit at a depth of 33 km ✔ The US National Tsunami Warning Center said a tsunami is not expected Costa Del Sol floods latest: Is it safe to travel to Malaga? Are the holiday resorts open? 10/22/2018, 8:12:33 PM COSTA Del Sol in Spain has been declared a disaster zone after intense flooding left one man dead. So is it safe to travel to Malaga? ✔ Some areas received more than half the rain they normally get in a year in just a few hours, with local reports describing the deluge as historic ✔ He offered his condolences to the vict...
Post a Comment
Read more