Skip to main content

Trade War - SERIES 124 {14 articles}

ECB's Draghi: Trade war chief worry for global economy

9/13/2018, 2:48:31 PM
FRANKFURT, Germany (AP) — The European Central Bank pushed forward Thursday with its plan to gradually phase out its monetary stimulus, saying it is confident in the region's grow ✔ The ECB's stimulus exit is part of a global trend: the withdrawal of stimulus from the rich world's major monetary authorities, including the U.S. Federal Reserve, the Bank of England and the Bank of Japan ✔ The governing council of the ECB will meet on Thursday


Dow opens 130 points higher, retakes 26,000 as trade-war fears appear to ebb somewhat

9/13/2018, 1:45:35 PM
undefined ✔ U.S. stocks opened higher Thursday as stocks climbed in apparent optimism centered on the prospect of fresh U.S.-China trade talks ✔ A report late Wednesday from the Wall Street Journal said that the Trump administration is giving Beijing another chance to try to stave off new tariffs on $200 billion in Chinese exports


Is China's growth story over?

9/13/2018, 1:30:39 PM
Is China already feeling the effects of increased tariffs in its trade war with the U.S.? CNBC's Xin En Lee looks at China's growth trajectory. ✔ To view this site, you need to have JavaScript enabled in your browser, and either the Flash Plugin or an HTML5-Video enabled browser ✔ 2 Hours Ago Is China already feeling the effects of increased tariffs in its trade war with the U.S. ✔ CNBC's Xin En Lee looks at China's growth trajectory


Oil drops 2 percent from four-month highs on economic concerns

9/13/2018, 3:55:42 PM
Oil prices fell more than 2 percent on Thursday, slipping back from four-month highs as investors focussed on the risk that emerging market crises and trade disputes could dent demand even as supply tightens. ✔ The global benchmark on Wednesday hit $80.13, its highest level since May 22 ✔ U.S. light crude was down $1.62, or 2.3 percent, to $68.75 barrel ✔ [EIA/S] Yesterday’s price up surge was an overreaction to the larger-than-expected crude draw per the EIA while we also believe that today’s selloff is an exaggerated response to the IEA release, Jim Ritterbusch, president of Ritterbusch and Associates said in a note ✔ Our Standards:The Thomson Reuters Trust Principles


Watch ECB's Draghi speak as central bank leaves rates unchanged

9/13/2018, 12:21:08 PM
European Central Bank President Mario Draghi is speaking in Frankfurt after the central bank held interest rates at current levels. ✔ [The stream is slated to start at 8:30 am ET ✔ Please refresh the page if you do not see a player above at that time.] European Central Bank President Mario Draghi is speaking in Frankfurt after the bank held interest rates at current levels ✔ Traders are worried about the ramifications of an all-out trade war between the U.S. and China two of the world's largest economies in addition to America's trade disputes with other countries


Trump says there's no pressure to make China trade deal

9/13/2018, 2:44:56 PM
Trump's comment followed a report saying the U.S. has started discussions about a new round of trade talks with Beijing.  ✔ Nicholas Asfouri | AFP | Getty Images President Donald Trump speaks during a press conference with China's President Xi Jinping at the Great Hall of the People in Beijing on November 9, 2017 ✔ The two sides aim to strike an agreement and stop a trade war threatening to stifle growth in the world's two largest economies


Decade after financial crisis JPMorgan predicts next one’s coming soon

9/13/2018, 2:03:15 PM
With the 10th anniversary approaching of the catalyst for the last major global stock market crash – the Lehman Brothers’ collapse – strategists from JP Morgan are predicting the next financial crisis to strike in 2020. ✔ The shift from active to passive asset management, and specifically the decline of active value investors, reduces the ability of the market to prevent and recover from large drawdowns,  said JPMorgan’s Joyce Chang and Jan Loeys ✔ For more stories on economy & finance visit RT's business section


Investors pour $4 billion into China's latest internet IPO

9/13/2018, 12:18:07 PM
Meituan Dianping is bucking the trend of recent high-profile Chinese tech IPOs, pricing its shares near the top of the range. ✔ The Beijing startup was formed in 2015 by the merger of two smaller companies Meituan and Dianping that were viewed as China's equivalents of Groupon (GRPN) and Yelp (YELP) ✔ The company plans to use the cash from the IPO to upgrade its technology, develop new products and services, and make acquisitions and investments ✔ Our timing was not excellent, Chief Financial Officer Louis Hsieh told CNN


U.S. consumer prices increase less than expected in August

9/13/2018, 1:14:04 PM
U.S. consumer prices rose less than expected in August as increases in gasoline and rents were offset by declines in healthcare and apparel costs, and underlying inflation pressures also appeared to be slowing. ✔ An escalating trade war between the United States and China is expected to keep inflation high ✔ President Donald Trump last week threatened duties on another $267 billion worth of Chinese goods on top of a $200 billion tariff list that is awaiting his decision ✔ Our Standards:The Thomson Reuters Trust Principles


US consumer prices increase less than expected in August

9/13/2018, 12:48:21 PM
Despite the moderation in price increases last month, inflation pressures are steadily building up, driven by a tightening labor market and robust economic growth. ✔ An escalating trade war between the United States and China is expected to keep inflation high ✔ President Donald Trump last week threatened duties on another $267 billion worth of Chinese goods on top of a $200 billion tariff list that is awaiting his decision ✔ (Reporting by Lucia Mutikani Editing by Paul Simao)


Thursday Morning Briefing

9/13/2018, 12:47:11 PM
Good morning. Hurriance Florence creeps closer toward the East Coast, China welcomes a U.S. invitation for trade talks and global trade hopes lift shares. ✔ REUTERS/Ajay Verma HIGHLIGHTS Hurricane Florence crept closer to the U.S. East Coast, packing tropical storm-force winds across hundreds of miles that threaten the region with potentially catastrophic flooding and torrential rain ✔ WORLD My thought sitting there was that it was a show fit for a god, a tourist told Reuters as he watched the Mass Games in Pyongyang ✔ Our Standards:The Thomson Reuters Trust Principles


U.S. consumer prices rise slowly; jobless claims near 49-year low

9/13/2018, 3:55:40 PM
U.S. consumer prices rose less than expected in August as increases in gasoline and rents were offset by declines in healthcare and apparel costs, and underlying inflation pressures also appeared to be slowing. ✔ President Donald Trump last week threatened duties on another $267 billion worth of Chinese goods on top of a $200 billion tariff list that is awaiting his decision ✔ Washington already has slapped duties on $50 billion worth of Chinese imports, provoking retaliation from Beijing ✔ Our Standards:The Thomson Reuters Trust Principles


Trump denies pressure for trade deal as China welcomes U.S. talks...

9/13/2018, 3:21:15 PM
U.S. President Donald Trump said on Thursday that the United States was under no pressure to make a trade deal with China, even as Chinese officials welcomed an invitation from Washington for a new round of talks with more U.S. tariffs looming. ✔ Trump said last week that he also had tariffs on an additional $267 billion worth of goods ready on short notice if I want ✔ bilateral meeting at the G20 leaders summit in Hamburg, Germany July 8, 2017 ✔ REUTERS/Carlos Barria/File Photo Our Standards:The Thomson Reuters Trust Principles


We are due a recession in 2020 – and we will lack the tools to fight it | Nouriel Roubini

9/13/2018, 2:22:32 PM
Conditions will soon be ripe for a financial crisis, but governments will have their hands tied ✔ As we mark the 10th anniversary of the collapse of Lehman Brothers, there are still ongoing debates about the causes and consequences of the financial crisis, and whether the lessons needed to prepare for the next one have been absorbed ✔ And high-yield credit is also becoming increasingly expensive now that the US corporate-leverage rate has reached historic highs


>>> Open This Series
Labels:

Comments

Post a Comment

Popular posts from this blog

Fashion - SERIES 202 {28 articles}

Dior dancers forgo the ballet in move toward unrestrained feminism 9/24/2018, 4:54:58 PM Designer Maria Grazia Chiuri took a stand against body tyranny at Paris fashion week ✔ This is a new time, when fashion should support women, not control them ✔ The challenge of course is how to make the shape elegant still ✔ But as a full-throated contribution to the cultural conversation, the show stood head and shoulders above slogan T-shirts Meghan Markle Destroys This Fashion 'Rule' Once And For All 9/24/2018, 4:29:46 PM The Duchess of Sussex pulled off combining black and navy blue with ease. ✔ Coach Core is an apprenticeship program helps people aged 16 to 24 become sports coaches ✔ Team Duchess as they join @WeAreCoachCoreUK apprentices for a netball shootout 🏀 ✔ Subscribe to HuffPost’s Watching the Royals newsletter for all things Windsor (and beyond) Trinny and Susannah's very dated fashion advice goes viral on Twitter 9/24/2018, 5:08:28 PM Pages from the Br...
2 comments
Read more

Travel - SERIES 242 {28 articles}

UN warns rapid, unprecedented change needed to halt global warming 10/8/2018, 4:24:18 PM Keeping the Earth's temperature rise to 1.5 degrees Celsius means making rapid, unprecedented changes in the way people use energy to eat, travel and live or we risk even more extreme weather and loss of species, a U.N. report said on Monday. ✔ Paul Souders | Getty Images A polar bear in Repulse Bay, Nunavut Territory, Canada ✔ But U.S. states led by California and many cities are living up to their commitments to cut greenhouse gas emissions, WMO's Taalas said ✔ There was no mention of oil in this context in the summary This month sees the last ever Club 18-30 - and prices have rocketed 10/8/2018, 4:15:58 PM BY the end of this month, the last Club 18-30 holiday will be finished. The final flight, which leaves Manchester on October 27, only has three seats left – with customers heading for a three… ✔ Getty - Contributor 5 An 18-30 party at Es Paradis in Ibiza gets wet and wi...
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 180 {18 articles}

In western Afghanistan, villagers are fleeing not just war but drought 9/25/2018, 10:43:02 AM Compounding the woes of fighting, crop failures after years with little rain are affecting more than half the country’s provinces. ✔ Makeshift tents cover a barren hillside outside Qala-e Nau, Afghanistan, erected by farming families fleeing drought and conflict in western Badghis province ✔ But across drought-stricken, war-torn Badghis province in far western Afghanistan, the wait will not end soon ✔ Tents made of torn blankets and canvas were tied to poles and weighted down with rocks It's time the US did something about the horrors in Yemen 9/25/2018, 10:17:40 AM Yemen's conflict is a fragmented and in some places confused morass of feuding parties. But all over, it is a country where the needs of the people are coming second. ✔ It is not just that UN Special Envoy Martin Griffiths has said that an assault on Hodeidah would cut off the political process at the knees ✔ No...
Post a Comment
Read more

Apple Inc - SERIES 84 {20 articles}

Apple iPhones get bigger and pricier; Watch turns to health 9/13/2018, 9:52:47 PM Apple Inc introduced its largest-ever iPhone and a watch that detects heart problems on Wednesday in an attempt to get customers to upgrade to more expensive devices in the face of stagnant global demand for smartphones. The relatively small changes to its lineup, following last year's overhauled iPhone X, were… ✔ The median U.S. household income rose for a third straight year in 2017 to the highest on record since 1967 by one measure, government data showed on Wednesday ✔ We all knew this was going to be a transitional but not transformational phone update, said Trip Miller, managing partner at hedge fund Gullane Capital, which owns Apple shares Watch out for iPhone scalpers 9/13/2018, 8:59:15 PM Apple fans desperate for the latest model sometimes pay resellers marked-up prices. ✔ The same models then appeared for resale for $1,500 or more ✔ Apple offers a no-quibble two-weeks returns pol...
Post a Comment
Read more