Skip to main content

Trade War - SERIES 100 {15 articles}

Global trade war threatens to derail modest euro zone growth:...

9/7/2018, 12:43:31 AM
Euro zone economic growth will be modest at best over the coming year, according to a Reuters poll of economists who unanimously said the trade war between the United States and China threatens the outlook. ✔ Economists were almost evenly split between being concerned and not worried about differing speeds of growth and inflation in member countries within the currency bloc ✔ While 20 of 41 respondents said they were concerned, the remaining 21 said they were not, including two who said they were not concerned at all ✔ Our Standards:The Thomson Reuters Trust Principles


U.S. job growth seen picking up, unemployment rate falling

9/7/2018, 4:16:46 AM
U.S. job growth likely accelerated in August, with the unemployment rate expected to have fallen back to an 18-year low of 3.8 percent, which would bolster views that the economy was so far weathering the Trump administration's escalating trade war with China. ✔ U.S. unemployment rate is near the lowest in 18 years: reut.rs/2oLzTQb MODERATE WAGE GROWTH Nevertheless, the anticipated one-tenth of a percentage point drop in the unemployment rate from 3.9 percent in July should underscore tightening labor market conditions and cement expectations for a third interest rate increase from the Federal Reserve this year when policymakers meet on Sept


U.S. Trade Deficit Jumps To 5-Month High Despite Trump's Tariffs

9/7/2018, 3:16:15 AM
Deficits with China and the European Union hit records, according to the latest federal statistics. ✔ Getty Images America’s trade deficit hit a five-month high despite steep tariffs enacted by President Donald Trump on imports, according to the latest federal statistics released by the Commerce Department ✔ Some now believe that the trade war will hurt the American economy, and the GDP will begin to sink, Bloomberg reported


Aussie dollar falls to 2-1/2 year lows as trade fears hit sentiment

9/7/2018, 7:49:24 AM
The Australian dollar fell to its weakest level in more than 2-1/2 years on Friday as fears over an escalation in the trade conflict between the United States and China dominated concerns while safe haven currencies such as the franc and yen gained. ✔ The U.S. currency held in relatively tight ranges against other major peers such as the euro and pound, with the market bracing for the highly anticipated U.S. jobs report due later in the session ✔ August U.S. non-farm payrolls report is due at 1230 GMT ✔ Our Standards:The Thomson Reuters Trust Principles


Australian dollar drops as investors brace for US-China escalation

9/7/2018, 5:11:45 AM
undefined ✔ The currency, which is seen by investors as being exposed to regional trade volumes, was down 0.5 per cent at $0.7164, hovering near a two-year low touched on Wednesday ✔ This is a negative for various currencies but the Aussie seems to be the main Asia risk proxy, as it often is


European markets seen slightly higher but trade concerns weigh on sentiment

9/7/2018, 5:55:18 AM
European shares are expected to open slightly higher on Friday morning, but investors remain cautious amid new trade threats.  ✔ The FTSE is seen up by 5 points at 7,323; the DAX is seen higher by 3 points at 11,958; and the CAC 40 is set to open higher by 8 points; according to IG ✔ In Asia, stocks were under pressure due to ongoing concerns over a trade war between the United States and China ✔ On Thursday, President Donald Trump told a Wall Street Journal columnist that he will take his trade fights to Japan next


A handful of Asia's currencies are holding up amid the carnage hitting their peers

9/7/2018, 6:15:14 AM
Amid the carnage in emerging market currencies over the past two weeks, a few have held up relatively well. The Thai baht, in fact, has stood out with its exceptional performance. ✔ Getty Images Amid the carnage in emerging market currencies over the past two weeks, a few have held up relatively well ✔ Additionally, Goh said, Thailand's economic growth is looking stronger and its central bank could soon raise interest rates which would support the currency further


Ashmore plans Ireland office ahead of Brexit

9/7/2018, 6:47:56 AM
undefined ✔ Ashmore became the latest UK-based asset manager to unveil plans to establish an office in Ireland ahead of Britain’s departure from the EU, highlighting the pressure on fund groups to prepare ✔ Pre-tax profits fell 7 cent to £191.3m in the year ending on June 30, compared with a market consensus of £188.6m


Tech companies make last-minute effort to avoid new China tariffs

9/7/2018, 1:37:57 AM
Dell, Cisco and other networking equipment makers want to be exempt from the possible tariffs on $200 billion of goods from China. ✔ They say the increase in prices would negatively impact customers, small businesses, internet service providers, and data centers ✔ The tariffs, if imposed, would cover roughly half of all Chinese goods entering the United States ✔ If the tariffs go into effect, companies will still be able to request and exemption for certain products, but it could take months to get a ruling


Tech firms ask for Trump tariff protection

9/7/2018, 7:12:02 AM
Four US companies warn another round of taxes on Chinese imports could result in job losses. ✔ 'Disproportionate harm' The four tech firms are concerned that tariffs will increase the cost of items such as hard drives, servers and networking equipment, which could hit profits and result in job cuts in the US ✔ While the firm stressed it was confident it would be able to make changes necessary to mitigate any impact of the tariffs, an HPE spokesperson said: Changes to a tariff system that has worked well for decades is not the way to go for our country


US-China trade could see 'two more years of serious tension,' says economist

9/7/2018, 5:04:03 AM
Some economists see prolonged tensions in trade relations between the U.S. and China, as others say America's trade deficit problem is "multilateral." ✔ The problem with the US is 'we do not save,' says Stephen Roach    1 Hour Ago | 02:54 Echoing that sentiment, Stephen Roach, an economist and senior fellow at Yale University, said a significant escalation in the U.S.-China trade conflict will occur, even though it remains to be seen whether Trump goes the full $200 billion, or not, initially


Hong Kong stocks slip as street braces for US tariff moves

9/7/2018, 5:44:45 AM
Heavyweights Tencent, AIA and China Construction Bank erase early gains by noon ✔ Tencent Holdings, the most valuable company listed in Hong Kong, declined 1% after advancing as much as 1.6% ✔ In the mainland, the Shanghai Composite slipped 0.1% ✔ The yuan traded onshore fell 0.1% against the dollar to 6.8394 ✔ Try 3 months for $9 Offer ends September 30th


Asia shares hit 14-month lows, yen advances on trade jitters

9/7/2018, 12:43:19 AM
Asian shares slipped to a 14-month trough on Friday as investors feared a new round of Sino-U.S. tariffs could come at any moment, while a slump in U.S. chip stocks rippled through the tech sector. ✔ Still, analysts at NatWest Markets cautioned that: Despite employment indicators pointing to another strong report, it is worth noting that there is a tendency for August payrolls to initially disappoint and then be revised up noticeably later ✔ Our Standards:The Thomson Reuters Trust Principles


Asia shares worn out by trade tension, yen a safe harbor

9/7/2018, 6:48:40 AM
Asian shares carved out a 14-month trough on Friday as investors feared a new salvo of Sino-U.S. tariffs could come at any moment, while a slump in U.S. chip stocks rippled through the tech-heavy region. ✔ The tech sector was also very weak overnight, with a slide in Micron of almost 10 percent and further weakness in the Chinese Internet ADRs ✔ WATCHING WAGES Eyes were now turned to the U.S. payrolls report for August which is expected to show a robust rise of 191,000, in part as July was temporarily depressed by the closure of the Toys R Us chain that month ✔ Our Standards:The Thomson Reuters Trust Principles


Why statism today?

9/7/2018, 6:11:54 AM
undefined ✔ For instance, the government raised the minimum wage by a whopping 16.7 percent this year as part of efforts to keep Moon's campaign promise ✔ It also implemented a shorter 52-hour workweek July 1 ✔ Heo Mane (mane398@naver.com) is a professor emeritus and adviser of the Korea-EU Forum


>>> Open This Series
Labels:

Comments

Post a Comment

Popular posts from this blog

Apple Inc - SERIES 49 {14 articles}

Apple warns of hardware defect in some iPhone 8s 9/4/2018, 10:03:50 AM Faulty logic boards are causing some iPhones to malfunction, Apple says. ✔ 12 during a media event at the Steve Jobs Theater in Cupertino, California ✔ Units must be in original condition -- meaning no physical damage such as a cracked screen -- to qualify for the logic board repair ✔ Apple didn't immediately respond to a request for comment ✔ All the products we expect Apple to announce in September: The lowdown on every new device in Apple's pipeline Apple's next earbuds could be wireless, waterproof and BLOCK OUT annoying sounds 9/4/2018, 8:43:22 AM APPLE may be plotting a pair of wireless headphones that block out the noise around you. We’ve rounded up everything we know about the rumoured Apple AirPods 2, so you know what to expect whe… ✔ APPLE may be plotting a pair of wireless headphones that block out the noise around you ✔ It means you'll be able to better focus on the music you...
Post a Comment
Read more

Trade War - SERIES 76 {29 articles}

Oil slips as trade war worries outweigh Iran sanctions 8/31/2018, 8:40:02 AM Oil prices slipped on Friday as concerns over the impact of a global trade war depressed sentiment, although impending U.S. sanctions on Iran and falling Venezuelan output limited losses. ✔ However oil markets are tightening with a recent surplus draining, trade figures show ✔ Brent prices will exceed $80 per barrel before the end of the year, U.S. bank Jefferies forecast on Friday ✔ Crude oil futures trading volumes: tmsnrt.rs/2P2ZZJz Our Standards:The Thomson Reuters Trust Principles European shares slide on trade war threats, Whitbread soars on... 8/31/2018, 8:07:14 AM European shares tumbled for a second day on Friday as reports that U.S. President Donald Trump is planning further tariffs on China heated up a trade war, while Whitbread stole the spotlight after clinching a $5.1 billion deal with Coca-Cola. ✔ Traders said the deal value exceeded the market’s expectations by 500 to 900 million ...
Post a Comment
Read more

Apple Inc - SERIES 255 {15 articles}

Apple Could See a Turbulent 2019 for Online Sales 11/15/2018, 6:46:09 PM Walmart will surpass the iPhone maker for U.S. online sales by year-end, one report shows. ✔ Text size Amazon.com (AMZN) continues its dominance of the domestic e-commerce market, according to a new retail report out Thursday ✔ EMarketer’s conclusion mirrors those of analysts such as Guggenheim Securities’ Robert Cihra, who expects iPhone sales to slip next year, citing weak demand from iPhone components suppliers Apple rebounds after 5-day stock slide 11/15/2018, 5:10:21 PM Apple's five-day losing streak, which wiped about more than 10% of the company's market value, appears to be coming to an end. ✔ MUST WATCH New York (CNN Business)Apple's five-day losing streak, which wiped about more than 10% of the company's market value, appears to be coming to an end ✔ Research firm eMarketer said in a report Thursday that it now expects Walmart (WMT) to overtake Apple as the thir...
Post a Comment
Read more

War Countries - SERIES 374 {10 articles}

Asia's meth boom 11/3/2018, 1:09:33 AM From the jungles of Myanmar to the streets of Hong Kong, police throughout Asia are fighting a war against methamphetamine. ✔ Zhao has reportedly negotiated a 99-year lease with the Lao government to operate what's known as the Golden Triangle Special Economic Zone ✔ Follow Joshua Berlinger on Twitter CNN's Yong Xiong, Chermaine Lee and Sean Walker and contributed reporting Australian nun Patricia Fox to return from Philippines after losing deportation fight 11/3/2018, 3:24:53 AM Saga puts spotlight on wider issue of expatriate involvement in human rights’ campaigning in Asia-Pacific ✔ And Australian journalists have been imprisoned, detained, harassed or banned in countries such as Indonesia, Vietnam, China, Thailand, Myanmar, Malaysia, Nauru and Papua New Guinea ✔ Supporters in a convoy of colourful vehicles planned to accompany her to the international airport on Saturday where she had been told intelligence agents ...
Post a Comment
Read more

Travel - SERIES 190 {38 articles}

Passenger shocked to board plane and discover her seat number doesn't EXIST 9/25/2018, 1:10:04 PM A WOMAN has complained on social media after a budget airline booked her into a seat that didn’t exist. The passenger, who is called Satwika Ika on social media, said the mix up happened on low cos… ✔ She claims she was not the only one that had been assigned an imaginary seat, as a family along with a child were also searching for seats in row 35 ✔ Christopher Paetkau, a wildlife photographer from Winnipeg, ended up 1,400 miles from his destination when he followed the wrong queue on the tarmac Ryanair cancels 190 flights on Friday ahead of cabin crew strikes 9/25/2018, 3:00:42 PM Ryanair has been forced to cancel 190 flights on Friday 28th September due to cabin crew strikes across Europe ✔ The airline has said that all affected customers received e-mails and texts this morning advising them of the cancellations ✔ It claims that the 190 flights make up just eight per cent...
Post a Comment
Read more