Panama Canal head expects fewer China, U.S. ships if trade war...
9/14/2018, 7:53:08 PMFewer ships from China and the United States could use the Panama Canal if trade... ✔ New demand for U.S. liquefied natural gas (LNG) in countries including Japan and Mexico could also compensate for fewer vessels going to China, Quijano added, saying: The canal has many ways to ease any impact ✔ Our Standards:The Thomson Reuters Trust Principles
Indian rupee crisis: 'Worst is not yet over'
9/14/2018, 6:44:08 PMAnalysts partly attribute the fall of rupee to a global crisis and Trump's 'declaration of a trade war'. ✔ On Friday, the rupee strengthened by 50 paisa to 71.68 against the dollar in early trade in the forex market, on the back of a government assurance that all steps would be taken to ensure the domestic currency does not depreciate to unreasonable levels
Trump greenlights tariffs on about $200 billion more in Chinese products – Reuters
9/14/2018, 4:51:54 PMUS President Donald Trump has given a go ahead to additional tariffs on Chinese goods worth about $200 billion, Reuters reported. The instruction to aides comes despite attempts by the Treasury to restart talks with Beijing. ✔ Mnuchin was earlier trying to kick-start negotiations with China, which responded in kind to the previous round of 25-percent tariffs on goods worth $50 billion and promised to act likewise in the future ✔ The policy is apparently meant to make domestic production in the US more competitive, compared to foreign manufacturers
Trade tensions hang over upcoming Bank of Japan meeting
9/14/2018, 6:11:57 PMPolicy board likely to stand by July's assessment of economy 'expanding moderately' ✔ The central bank anticipates a change in behavior first among small and midsize companies, since they tend to be quicker to scale back capital investment plans if they expect orders to drop, for example ✔ Try 3 months for $9 Offer ends September 30th
Trump directing aides to proceed with tariffs on $200 billion more...
9/14/2018, 5:19:54 PMU.S. President Donald Trump has instructed aides to proceed with tariffs on abou... ✔ Shipping containers are seen at a port in Lianyungang, Jiangsu province, China September 8, 2018 ✔ But 2018 imports from China through July were up nearly 9 percent over the same period of 2017, according to U.S. Census Bureau data ✔ Our Standards:The Thomson Reuters Trust Principles
Trump pushes ahead with tariffs on $200bn more of China products
9/14/2018, 5:33:26 PMPresident directs aides to proceed even as treasury secretary seeks to restart talks ✔ An earlier Bloomberg report on Friday that Trump was moving ahead on the tariffs despite Treasury Secretary Steven Mnuchin's attempts to restart talks with China on resolving the trade war had an immediate effect on financial markets, leading U.S. stocks to reverse course and trade lower ✔ But 2018 imports from China through July were up nearly 9 percent over the same period of 2017, according to U.S. Census Bureau data ✔ Get unique insights on Asia, the most dynamic market in the world ✔ Try 3 months for $9 Offer ends September 30th
Wall Street edges lower but still on track for weekly gain
9/14/2018, 5:45:19 PMundefined ✔ US stocks were trading lower on Friday afternoon as investors parsed updates on the global trade war, while Treasury yields climbed following a deluge of economic data ✔ The Russell 2000 rose 0.2 per cent to 1,718.39 and leaving it up 0.2 per cent on the week
Borrowers branch out
9/14/2018, 5:19:58 PMLONDON (IFR) - Blue-chip corporates including Nestle are seeking to diversify th... ✔ REUTERS/Aaron Josefczyk Over the past week, there has been a surge of interest from companies seeking to do deals in certain markets for the first time ✔ It is not just the Yankee market that will see a new name ✔ In the European market, Virginia-headquartered DXC Technology began investor meetings on Thursday for a benchmark euro deal ✔ Our Standards:The Thomson Reuters Trust Principles
Nobel Prize winner Shiller sees 'bad times in the stock market' ahead
9/14/2018, 4:57:09 PMNobel laureate Robert Shiller thinks investors ought to ignore the recent burst in corporate profits and focus on longer-term valuation, which he said carries foreboding news for the stock market. ✔ Shiller cautioned that he is not predicting major calamity for the market but rather a much lower level of returns, in the 2.6 percent annual range, than investors have come to expect during the 9-year-old bull market ✔ bonds is among the more favorable not the most favorable but among the more favorable in history
U.S. retail sales slow, but exhibit underlying strength
9/14/2018, 5:03:42 PMU.S. retail sales recorded their smallest gain in six months in August as consum... ✔ Washington already has slapped duties on $50 billion worth of Chinese imports, provoking retaliation from Beijing ✔ The economy grew at a 4.2 percent annualized rate in the April-June period, the fastest in nearly four years and almost double the 2.2 percent pace set in the first quarter ✔ Our Standards:The Thomson Reuters Trust Principles
>>> Open This Series
Comments
Post a Comment