China says Beijing, Washington do not want to see trade war...
9/13/2018, 7:50:00 AMChina's commerce ministry believes China and the United States do not want to see their trade war escalate further, it said on Thursday. ✔ BEIJING (Reuters) - China’s commerce ministry believes China and the United States do not want to see their trade war escalate further, it said on Thursday ✔ The two countries have been in constant communication on trade issues, ministry spokesman Gao Feng told reporters ✔ China and the United States are discussing details on future talks, he said ✔ Our Standards:The Thomson Reuters Trust Principles
U.S. companies in China are ‘suffering’ in trade war, survey says
9/13/2018, 5:54:55 AMProduction costs are climbing. Demand for products is falling. ✔ We support President Trump’s efforts to reset U.S.-China trade relations, address long-standing inequities and level the playing field, Zheng said in a statement ✔ But Larry Kudlow, head of the White House Economic Council, said Wednesday on the Fox Business Network that Treasury Secretary Steven Mnuchin had invited senior Chinese officials to rekindle the talks
Asia Inc second-quarter profits grow at slowest pace in nearly 2...
9/13/2018, 4:41:16 AMAsian companies posted their lowest profit growth in nearly two years in the June quarter and earnings are likely to come under further pressure, weighed down by the escalating U.S.-China trade war and high currency volatility, Reuters analyses showed. ✔ Asian firms' profit growth by sectors: reut.rs/2p0MkHS U.S. President Donald Trump warned last week that he was ready to slap tariffs on virtually all Chinese imports into the United States, threatening duties on a further $267 billion of goods that include mobile phones, the biggest U.S. import from China
China stocks end higher, yuan gains on hopes of fresh trade talks
9/13/2018, 7:49:27 AMChina's yuan strengthened on Thursday and its stock market rallied after an uncertain start, buoyed an invitation from the Trump administration to Chinese officials to restart trade talks. ✔ If this did not satisfy the US six months ago, China may not be able to offer much more than that, especially if this involves adjusting its Made in China 2025 policy ✔ But a trader at a Chinese bank said market sentiment had improved following the latest developments, particularly as the proposed meeting was set to be between higher-level officials, giving the market hope that the talks could yield a breakthrough ✔ Our Standards:The Thomson Reuters Trust Principles
Oil prices fall as economic concerns counter tightening supplies
9/13/2018, 5:29:02 AMTrade dispute between U.S. and China could slow demand. ✔ TIGHTER SUPPLY Despite this, the short-term outlook for oil markets is for tighter supply ✔ Brent rose above $80 per barrel the previous session for the first time since May, spurred by expectations that U.S. sanctions against Iran's oil exports, which will start in November, will tighten global markets ✔ (Reporting by Henning Gloystein Editing by Joseph Radford and Richard Pullin)
Oil slips as economic concerns counter tightening supplies
9/13/2018, 7:02:46 AMOil prices fell on Thursday, reversing some of the strong gains from the previous session, as economic concerns raised doubts about ongoing fuel demand growth. ✔ U.S. oil production growth is stalling: reut.rs/2CPGl2p TIGHTER SUPPLY Despite this, the short-term outlook for oil markets is for tighter supply ✔ Stephen Innes, head of trading for Asia-Pacific at futures brokerage Oanda in Singapore, said the inventory data showed a much deeper drop than analyst’s expectations ✔ Iran oil exports to Asia : tmsnrt.rs/2CEzade Our Standards:The Thomson Reuters Trust Principles
Renewed fears about financial crisis looming
9/13/2018, 7:12:55 AMundefined ✔ In retrospect, in every crisis, optimism prevailed over pessimism ✔ Like Turkey, Pakistan is also experiencing difficulties in securing foreign exchange, he said ✔ Despite the crisis there, foreigners have recently bought bonds, and stocks on the Seoul burse
US offer of new China trade talks should be taken seriously
9/13/2018, 5:16:09 AMBig obstacles remain but surprise move offers hope ✔ The Trump administration, to its credit, was willing to negotiate in good faith, backing off some of its more provocative initial proposals in an effort to find a deal ✔ Edward Alden is a senior fellow at the Council on Foreign Relations in Washington, D.C., and the author of Failure to Adjust: How Americans Got Left Behind in the Global Economy ✔ Try 3 months for $9 Offer ends September 30th
Apple 'wants to serve everyone,' says Tim Cook
9/13/2018, 5:16:11 AMWider price range opens up developing Asian markets ✔ The Chinese manufacturer's models often provide premium features but carry a lower price tag than the iPhone range ✔ Cook justified the higher prices of the newest iPhones by noting their enhanced capabilities ✔ Try 3 months for $9 Offer ends September 30th
Asian makers of plastic bottle materials mount offensive in Japan
9/13/2018, 4:18:11 AMAnti-dumping duties on Chinese imports create business opportunities ✔ According to government data, Japan imported 497,000 tons of PET resin in the first six months of 2018, down 8% from a year earlier ✔ The decrease was minimized because imports from supply sources such as Thailand and Taiwan increased sharply and made up for the decline in imports from China ✔ Try 3 months for $9 Offer ends September 30th
Experts call for efforts to ease Sino-US rivalry to foster regional peace
9/13/2018, 5:54:52 AMundefined ✔ A failure to strike that delicate balance and the resulting potential for active hostility among great powers would have ramifications beyond the region, he said ✔ Observers have said that the major powers' geo-strategic initiatives could clash at some point, as they might seek regional primacy based on the initiatives
Xi-Kim honeymoon exposed as a facade
9/13/2018, 4:52:29 AMTies with Trump more important to the old allies than their own relationship ✔ China no longer needs to be involved in declaring an end to a war that dates back 65 years, does it ✔ This shows the Xi-Kim honeymoon to be little more than a facade ✔ Get unique insights on Asia, the most dynamic market in the world ✔ Try 3 months for $9 Offer ends September 30th
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