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

Fashion - SERIES 408 {35 articles}

From Dancing Queen to hygge: this week’s fashion trends 11/9/2018, 12:12:32 PM What’s hot and what’s not in fashion this week ✔ The Little Drummer Girl Espesh Florence Pugh, who is filling the glamsel-in-a-dress hole left by Killing Eve ✔ Defined by nights in cosy bars and cuddles by the fire ✔ All our journalism is independent and is in no way influenced by any advertiser or commercial initiative The Cup week fashion moments everyone is talking about 11/9/2018, 1:04:37 PM Did everyone take their inspiration from the same Pinterest board? ✔ Rachael Finch on Oaks Day.Credit:AAP The Meghan effect From wide-brimmed hats to blazer dresses, the influence of Meghan, Duchess of Sussex at Flemington was undeniable ✔ The tennis visor This is a trend that takes throwing shade to a new level ✔ Jennifer Hawkins has downed tools at Myer.Credit:Simon Schluter Candice Swanepoel, Behati Prinsloo stun in post-baby return to Victoria's Secret Fashion Show 11/9/2018, 2:38:32...
Post a Comment
Read more

Trade War - SERIES 257 {18 articles}

The Midwest economy is about to get pummeled again 10/17/2018, 9:44:57 AM Manufacturing jobs growth has already stalled, and the trade war will make it worse. ✔ The Rust Belt is full of households and communities who ignored decades-old trends ✔ The main players, Donald Trump, Bernie Sanders and Hillary Clinton, spoke easily about the evils of trade, wholly misrepresenting facts ✔ And, in an underappreciated farewell speech, President Obama made it quite plain ✔ We Want to Hear from You Join the conversation Comment Apple Suppliers ‘Cautious’ About Orders For iPhone XR, Flagship Models 10/17/2018, 9:04:06 AM Apple’s Taiwan-based suppliers remain cautious about orders for the new iPhones because of the ongoing trade war between the U.S. and China. ✔ Industry sources disclosed to Digitimes Tuesday that Apple’s iPhone suppliers in Taiwan have opted to remain cautious about unit orders from the Cupertino giant even though the iPhone XR is scheduled to launch in the second ...
Post a Comment
Read more

War Countries - SERIES 400 {14 articles}

S. Korea ships tangerines to North, which sent mushrooms 11/12/2018, 7:52:05 AM SEOUL--South Korea is airlifting thousands of boxes of tangerines to North Korea in return for the N ✔ According to Seoul and Washington officials, North Korea recently postponed high-level talks with the United States meant to discuss achieving North Korea's nuclear disarmament and setting up a second summit between U.S. President Donald Trump and North Korean leader Kim Jong Un Macron leads WW1 Armistice commemorations 11/12/2018, 6:52:44 AM President Emmanuel Macron led tributes to the millions of soldiers killed in World War One on Sunday, using an emotional ceremony in Paris attended by scores of world leaders to warn against nationalism a century on from the conflict. U.S. President Donald Trump, Russian President Vladimir Putin, German Chancellor Angela… ✔ U.S. President Donald Trump speaks at the Suresnes American Cemetery and Memorial in Paris on Sunday ✔ Merkel said the forum showe...
Post a Comment
Read more

Fashion - SERIES 336 {14 articles}

Robyn Lawley: 'I don't care if I ever model for Victoria's Secret' 10/22/2018, 6:34:58 AM Robyn Lawley is spearheading a campaign for more size diversity on the runway at the Victoria's Secret Fashion Show. ✔ 'I hope that the higher ups [management at Victoria's Secret] see [the petition] because they have normal bodies too, but they are staring at this one type of body type ✔ Mum's the word: Robyn explained that she was inspired to speak out because her daughter Ripley, three, has inherited her body shape Meghan Markle sports $163 polka dot dress by & Other Stories 10/22/2018, 5:25:29 AM With the cost of Meghan Markle's tour outfit having sky-rocketed, thrifty fashion fans were keen to see the Duchess of Sussex's & Other Stories $163 outfit for Fraser Island. ✔ Meghan finished off the polished but relaxed look with sunglasses by New Zealand designer Karen Walker (pictured) This isn't the first time Meghan Markle h...
Post a Comment
Read more

Autos - SERIES 78 {17 articles}

German Car Makers Investigated Over Possible Collusion Over Emissions 9/18/2018, 9:32:24 AM The European Union’s antitrust body said it has opened a formal investigation into “possible collusion” among Germany’s main auto manufacturers to limit the development of technology that would limit harmful car exhaust emissions. ✔ BMW, Volkswagen and Daimler confirmed the investigation and said they were cooperating with the Commission ✔ Last year Volkswagen asked the EU regulators to scrutinize decades of possible coordination efforts by the country’s main auto manufacturers ✔ At the time, BMW denied that it had coorporated with its rivals to manipulate diesel engines for reducing nitrogen-oxide emissions Here Come Tesla’s Challengers With All-Electric SUVs 9/18/2018, 10:19:27 AM European luxury auto makers are coming after Tesla with their own high-end, long-range electric vehicles, and they are targeting on one of America’s most popular vehicle categories: SUVs. ✔ At the same ti...
Post a Comment
Read more