Boeing focused on China as 'key customer' amid trade war
9/12/2018, 5:42:38 PMThe aerospace giant’s CEO has held discussions with leadership of both countries. ✔ Boeing is counting on China as a major export market moving forward, with Muilenburg citing them as a key customer ✔ Muilenburg maintained that Boeing has a strong voice at the table and has spoken with leadership from both countries, who are motivated to have healthy aerospace industries
US TRADE WAR: China to slap US with SANCTIONS after WTO meeting
9/12/2018, 7:52:45 PMChina will ask the World Trade Organisation (WTO) for permission to impose sanctions on the United States, in the latest escalation of a trade disputes between the super powers. ✔ Almost $506 (£387) billion of Chinese goods were reportedly sold in the US last year ✔ The Asian nation reportedly launched the dispute over dumping duties five years ago ✔ President Trump has remained bullish despite this and warned his country could quit the WTO if they don't shape up
Value investor David Katz sees risks ahead: Don't chase the rally, buy the weakness
9/12/2018, 7:04:44 PMMatrix Asset Advisors' David Katz says there are good sectors to buy when the timing is right. ✔ The Republicans, the president, do not want markets being down going into those midterm elections ✔ Plus, interest rates won't be a factor if the Fed keeps to the pace of increases it has already telegraphed ✔ Disclosures: Matrix clients and Katz own Facebook, eBbay and Goldman Sachs
US seeks talks with China to defuse trade tensions
9/12/2018, 7:36:45 PMundefined ✔ The tariffs have become an election issue in agricultural districts and states ahead of the November midterm elections, as Republicans try to prevent the Democrats from winning back the House of Representatives ✔ While the first round of tariffs on Chinese goods mainly centred on industrial materials, such as steel, the looming round would affect a much wider range of products, hitting consumers much more directly
Some U.S. businesses postponing investment due to trade concerns: Fed
9/12/2018, 6:22:12 PMU.S. businesses have scaled back or postponed investments in several parts of the country due to concerns about international trade tensions, the Federal Reserve said on Wednesday. ✔ However, it said: One utility firm noted that tariffs on some construction materials may force them to scale back capital investment a bit ✔ President Donald Trump has slapped tariffs on imports from a range of trading partners, including China the European Union, Canada and Mexico, prompting retaliation against U.S. exports ✔ Our Standards:The Thomson Reuters Trust Principles
New iPhones debut against rising Chinese competition
9/12/2018, 6:29:46 PMCheaper phone brands grow market while Apple struggles to expand in Asia ✔ The vast majority of Indian workers earn less than $2,000 per year ✔ Oppo is not only cheaper but the camera is much better than the iPhone ✔ Pictures taken with an iPhone seem too real and it doesn't make me look nice ✔ Try 3 months for $9 Offer ends September 30th
China in bid for CLOSER relations with Russia as Putin and Jinping unite against Trump
9/12/2018, 4:51:44 PMCHINA and Russia have vowed to strengthen their ties as tensions soar between the two countries and the United States after Donald Trump slapped Moscow and Beijing with sanctions and tariffs. ✔ China and Russia are the biggest neighbours, we have solid political ties … Chinese and Russian relationships are at an all time high level ✔ Senior Associate Professor Stephen Nagy from Tokyo's prestigious International Christian University told ABC News: China is feeling the heat, so by strengthening relations with Russia, stressing comradeship between Xi Jinping and Vladimir Putin, the growing economic and military tie this is a way to send a message to the United States that China does have options and Russia is a powerful option that can provide energy resources as well
As Apple iPhones get pricier, will it lose market share?
9/12/2018, 5:26:11 PMThe tech giant gets more than half of its revenue from its flagship smartphones. ✔ The tech giant could release a new smartphone with a price tag in excess of $1,000, Reuters reported ✔ But Apple’s leadership is unlikely to stop focusing on premium phones any time soon ✔ Apple, as well as Samsung, credited longer replacement cycles with slowing mobile phone sales
China's pockets may not be deep enough to bail out emerging markets | Markets Insider
9/12/2018, 6:40:52 PMundefined ✔ In the first three months of 2018, China ran its first current account-deficit since before joining the World Trade Organization in 2001 ✔ They know that when they lend big sums of money to a poor country, in the end they may have to take the project for themselves, Mahathir told the Times
China's pockets may not be deep enough to bail out emerging markets
9/12/2018, 6:36:21 PMMalaysia is just the latest debt-ridden emerging market to have been courted by Chinese lenders, a potential alternative to International Monetary Fund programs that can come with sweeping stipulations. But that could prove impractical in the long run, analysts warn. ✔ Chinese Premier Li Keqiang, right, gestures as he speaks to reporters with Malaysian Prime Minister Mahathir Mohamad during a press conference at the Great Hall of the People in Beijing ✔ In the first three months of 2018, China ran its first current account-deficit since before joining the World Trade Organization in 2001
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