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 445 {30 articles}

'Queer Eye' star Jonathan Van Ness opens up about two of his obsessions — comedy and fashion 11/16/2018, 7:11:11 PM The Netflix personality also talks about hitting the road for his 10-night comedy tour and more. ✔ From the Fab Five, I learned oh, my God, I think I could cry they are four of my best friends, Van Ness said ✔ A camera crew was there to capture all of the action ✔ A piece of the sandwich broke free, falling in what seemed like a slow-motion Hollywood tumble Cate Blanchett shoots fashion campaign for Giorgio Armani in Barcelona 11/16/2018, 4:54:10 PM Keeping herself warm in between takes, she covered her shoulders with a fluffy white bathrobe and matching slippers as she walked through the bustling metropolis on Friday. ✔ Cate Blanchett was spotted adding her personalised touch of glamour to the streets of Barcelona on Friday, as she shoot a new campaign for Giorgio Armani ✔ When the award-winning star was announced as part of the Armani team, the lux...
2 comments
Read more

Trade War - SERIES 279 {22 articles}

Japan downgrades view of export picture as costs of trade war rise 10/23/2018, 7:51:59 AM Japan's government downgraded its assessment of exports for the first time ... ✔ Washington and Beijing have slapped tit-for-tat tariffs on each other in recent months, and plans for bilateral trade talks to resolve the dispute have stalled ✔ Japan is at risk because it exports to China much manufacturing equipment and electronic parts, which are used to make finished goods for the United States and other markets ✔ Our Standards:The Thomson Reuters Trust Principles United States’ fury at China over trade war: ‘They don’t respond – NOTHING!’ 10/23/2018, 10:41:51 AM CHINA has refused to engage with the United States for months to discuss ways to defuse the escalating trade war, Donald Trump’s top economic adviser Larry Kudlow has said. ✔ China’s demands include the US to scrapping a ban on exports to China of integrated circuits, and giving Chinese companies equal treatment in nation...
Post a Comment
Read more

War Countries - SERIES 378 {16 articles}

The Observer view on the ‘cessation of hostilities’ in Yemen | Observer editorial 11/4/2018, 6:27:39 AM Donald Trump’s intervention in the Yemen war would be welcome if it didn’t seem so cynical and ill-judged ✔ But Trump is under growing bipartisan pressure in Congress over the humanitarian disaster in Yemen, for which the Saudis are primarily blamed ✔ We must hope, in the first instance, that the Saudis desist from a new offensive on the besieged port of Hodeidah in the 30 days before the cessation supposedly begins 20 world wonders that you're not supposed to visit 11/4/2018, 7:24:58 AM Beautiful destinations around the world that are currently off-limits to British travellers. ✔ Lots of world wonders are currently off-limits to ordinary travellers, such as the following.. ✔ Hotels and guesthouses used by foreign nationals and the government of Afghanistan are subject to regular threats, The Foreign and Commonwealth Office (FCO) warns ✔ It consisted of two parallel ...
Post a Comment
Read more

Trade War - SERIES 344 {11 articles}

Taiwan's 10-year iPhone boom shows signs of ending 11/13/2018, 5:55:51 PM Big month for Apple suppliers does not change maturing market or trade war ✔ Allen Horng, chairman of iPhone metal frame maker Catcher Technology, said he did not rule out a correction given the market dynamics ✔ Just a month after the release of the XR, it may be too early to judge the model's performance ✔ Nikkei staff writers Chien Chia-Hung and Hideaki Ryugen contributed to the report Land acquisition sinks 63% for China's top developers 11/13/2018, 4:51:52 PM Trade war concerns and faltering sale values put Vanke and others on guard ✔ A China Vanke showroom displays a model residential compound ✔ Acquisition value fell 10%  during the quarter for China Overseas Land & Investment, which purchased 16 plots in total and just two in a major city -- specifically Beijing -- where demand for condominiums is strong Boeing CEO: US, China mutually interested in successful aerospace eco...
Post a Comment
Read more

Travel - SERIES 367 {32 articles}

£50 a month for three trips a year: would you subscribe to the Netflix of travel? 11/9/2018, 3:09:47 PM undefined ✔ Customers travelling as a pair save £5 a month with the per person cost £45 rather than £50, while travellers are able to add a friend with one-off fees ✔ I’d been worried that by throwing convention out of the window and arriving without a list of things to see and do I would wander aimlessly, but the enforced spontaneity opened up experiences I might not otherwise have tried $787 round trip from LAX to Papeete, Tahiti, on Air Tahiti Nui - Los Angeles Times 11/9/2018, 1:22:39 PM The deal is for travel from Nov. 20 through March 31. Holidays are blacked out. ✔ Air Tahiti Nui will launch Dreamliner service between LAX and Papeete, Tahiti, and is using the occasion for a fare sale ✔ Fare : $787 round trip, including all taxes and fees, from LAX to Papeete on Air Tahiti Nui Restrictions : You must buy your ticket by Nov. 20 ✔ The fare, subject to availabili...
Post a Comment
Read more