Skip to main content

Trade War - SERIES 151 {15 articles}

Forecasters unanimous: U.S.-China trade war bad for economy -...

9/20/2018, 12:44:02 AM
The U.S. economy will expand at a robust pace in coming quarters but slow to 2 p... ✔ The latest Reuters consensus for U.S. growth showed slight upgrades for several quarters in the coming year but still is forecasting a slowdown to 2.0 percent in the final quarter of 2019, less than half the last reported rate of 4.2 percent ✔ (Other stories from Reuters long-term economic outlook polls:) Our Standards:The Thomson Reuters Trust Principles


Asian markets follow global shares higher, trade war still in focus

9/20/2018, 1:04:47 AM
Asian stocks rose in early trade on Thursday following a second day of gains on ... ✔ The housing market remains a specific point of weakness in the U.S. economy and while not in focus, it could be important.. ✔ The rally in global stocks has been accompanied by falls in U.S. bonds and the Japanese yen ✔ [GOL/] Our Standards:The Thomson Reuters Trust Principles


Trump’s trade war bring unexpected boom for knockoff designer bags from China

9/20/2018, 1:05:00 AM
It’s a good time to be in the shadowy business of making fake designer purses. ✔ The shadow industry already a big moneymaker stands to reap another potential windfall from the trade war, which escalated this week ✔ That’s good money in a country where workers on average earn $8,250 annually, according to World Bank data ✔ Merchants encouraged foreign customers to share their social media usernames with friends back home


Alibaba's Jack Ma says U.S.-China trade war ends 1 million U.S....

9/20/2018, 2:22:37 AM
Alibaba Chairman Jack Ma said the company can no longer meet its promise to crea... ✔ They have declined 5.7 percent so far this year, including those gains ✔ Trump on Monday imposed 10 percent tariffs on about $200 billion worth of imports from China, and threatened duties on about $267 billion more if China retaliated ✔ Our Standards:The Thomson Reuters Trust Principles


‘No unilateralism’ - Chinese Premier PLEADS for free trade amid escalating US trade war

9/20/2018, 3:05:18 AM
A LEADING Chinese politician has called for free trade amid the escalating trade war with the United States, and vowed to improve trading conditions for international companies. ✔ Deeply integrated into the world economy, the Chinese economy is inevitably affected by notable changes in the global economic and trade context ✔ Beijing responded swiftly, announcing they intend to implement 10 percent and five percent tariffs on $60billion (£45billion) worth of US goods


China's state-backed 'National Team' may rescue stocks from trade war woes | Markets Insider

9/20/2018, 12:05:17 AM
undefined ✔ The Trump administration imposed tariffs on $200 billion worth of Chinese products Monday night ✔ It operates through at least 21 entities, including the China Securities Finance Corporation; Central Huijin Investment; Central Huijin Asset Management; five mutual funds set by the CSF; 10 managed accounts entrusted with asset management companies; and three wholly-owned subsidiaries of the State Administration of the Foreign Exchange


Alibaba's Jack Ma: Trade war has killed pledge to create 1 million US jobs

9/20/2018, 3:07:54 AM
Alibaba chief Jack Ma says the waves of new tariffs imposed by the US and China have "destroyed" his already ambitious promise. ✔ The Alibaba (BABA) chief grabbed attention at the start of last year when he made the ambitious jobs pledge following a meeting with Donald Trump, who was president elect at the time ✔ A spokeswoman for Alibaba, China's biggest e-commerce company, confirmed Ma's comments to CNN ✔ The vague promise wasn't based on Alibaba investing in the United States to build factories or fulfillment centers


Alibaba's Jack Ma says people should prepare for 20 years of...

9/20/2018, 3:50:26 AM
Jack Ma, co-founder of Chinese e-tech giant Alibaba Group Holding Ltd , said on ... ✔ Ma has already cautioned the trade war between the world’s two biggest economies could last decades, and China should focus on exports on the modern-day Silk Road that spans Africa, Southeast Asia and Europe ✔ Alibaba can no longer meet its promise to create 1 million jobs in the United States due to the trade tensions, Ma told Chinese news agency Xinhua on Wednesday ✔ Our Standards:The Thomson Reuters Trust Principles


Don't like US, China tariffs? They may become the 'new normal'

9/20/2018, 2:09:03 AM
The path to peace between the US and China is getting harder to find as the world's two biggest economies pile ever more taxes on each other's goods. ✔ A rubber tire gantry moves into position to transfer shipping containers at the Georgia Ports Authority's Port of Savannah in Savannah, Georgia ✔ Earlier, the Trump administration signalled that it might be willing to settle for a reduction in America's massive trade deficit with China, $336 billion last year ✔ Our new podcast series from the team behind Phoebe's Fall View episodes


Haier suspends plan to sell US-made, GE-branded goods in China

9/20/2018, 2:42:14 AM
undefined ✔ The problem faced by Haier underlines how complex trade relations between China and the US have become, with Chinese companies establishing manufacturing plants in the US, while more than 40 per cent of Chinese exports are from foreign-invested companies


Asia markets set for cautious open as Alibaba pulls plans for 1 million jobs in the U.S.

9/20/2018, 12:07:04 AM
On Wednesday, China's Jack Ma said his company Alibaba is no longer planning to create 1 million jobs in the U.S. as a result of souring trade relations between the two largest economies in the world. ✔ He did not specifically mention the ongoing trade dispute between Beijing and Washington ✔ On the same day, Jack Ma, founder and chairman of Chinese retail behemoth Alibaba, said his company no longer had intentions to bring 1 million jobs to the U.S., given the ongoing trade war between Beijing and Washington ✔ Hong Kong Meituan Dianping listing CNBC's Evelyn Cheng and Reuters contributed to this report


Putin aims to CRANK UP armed forces with modern HYPERSONIC weapons to rival US military

9/20/2018, 3:05:21 AM
RUSSIAN President Vladimir Putin intends to ramp up his country’s armed forces by developing futuristic weapons that incorporate “modern” military trends so Russian arms can outclass those of rival troops. ✔ In a show of military might and friendship, the biggest war games since Soviet Russia involved 300,000 troops and 40,000 vehicles ✔ The document read: China and Russia are developing advanced weapons and capabilities that could threaten our critical infrastructure and our command and control architecture


Tencent-backed Meituan jumps 5 percent on debut in positive signal...

9/20/2018, 3:56:21 AM
Meituan Dianping <3690.HK> soared on debut in Hong Kong on Thursday, valuing the... ✔ This year is set to be the biggest year for IPOs in Hong Kong since 2015, helped in part by a market rally late last year and rules introduced this year to attract tech companies by allowing them to weight voting rights in favor of their founders ✔ Our Standards:The Thomson Reuters Trust Principles


Dollar near 7-week low as markets look past trade woes, pound eyes...

9/20/2018, 1:20:05 AM
The dollar hovered near a seven-week low against a basket of major currencies, i... ✔ All in all, markets are hoping that the two sides will continue to talk and another round of tariffs could be avoided ✔ BREXIT TALK The British pound had hit two-month highs on Wednesday after UK inflation data overshot market expectations but it retreated after the Times reported that Prime Minister Theresa May had rejected an improved offer from the EU to solve the Irish border issue ✔ Our Standards:The Thomson Reuters Trust Principles


Why Xi Jinping vowed to 'safeguard free trade' at Abe meeting

9/20/2018, 3:46:22 AM
Chinese leader seeks an anti-Trump alliance but home market has many barriers ✔ But many Chinese companies, flush with capital after racking up profits through exports, have gone on acquisition sprees abroad and targeted Western companies with advanced technologies in recent years, taking advantage of the free trade and capitalist systems


>>> Open This Series
Labels:

Comments

Post a Comment

Popular posts from this blog

Disasters - SERIES 91 {35 articles}

Japan earthquake latest: Where did Hokkaido earthquake hit? Have there been aftershocks? 9/6/2018, 7:36:38 AM JAPAN’S northern island of Hokkaido has been left reeling from a magnitude-6.6 earthquake which struck on Thursday morning and follows just days after the country was devastated by Typhoon Jebi. Where did the Hokkaido earthquake hit? ✔ The tremors have measured from magnitude 4.3 to 5.4 near the epicentre of Thursday morning’s major quake ✔ A magnitude 9.0 earthquake, the most powerful ever recorded in Japan, struck on March 11, 2001, off its northeastern coast, triggering a tsunami that devastated communities along the Pacific coast and killed nearly 20,000 people Rescuers rush to north Japan amid damage after quake kills 7 9/6/2018, 7:33:35 AM ASAHIKAWA, Japan (AP) — Rescuers were rushing to unearth survivors and restore power Thursday after a powerful earthquake jolted Japan's northernmost main island of Hokkaido, buck ✔ ASAHIKAWA, Japan (AP) ...
Post a Comment
Read more

Travel - SERIES 103 {33 articles}

One year after Hurricane Irma, Florida's travel industry recovers 9/7/2018, 9:47:48 AM One year after Hurricane Irma hit the USA, Florida recovers. Hotels are re-opening and airlift is increasing. ✔ The resort has two new restaurants and an expanded adults-only area ✔ Attractions re-open All 10 Keys state parks are open for day use as restoration efforts continue ✔ When it debuts in late fall, this center will showcase the Keys’ four national wildlife refuges with exhibits and a nature bookstore operated by the Florida Keys Wildlife Society Booking flights? Cheapest website to compare prices on isn't the one you'd think 9/7/2018, 9:31:25 AM THE cheapest website for comparing flights has been revealed, and it might not be one that you’d normally use. Which? looked at the leading comparison websites and searched for 10 different flight … ✔ also surveyed people about 12 flight comparison sites that they would recommend to others ✔ For those heading off to the lik...
Post a Comment
Read more

Travel - SERIES 305 {27 articles}

Are we there yet? Tips for road-trip harmony 10/22/2018, 12:16:35 PM When you think of road trip games, "I Spy" or the "License Plate Game" come to mind. But sometimes your fellow passenger wants to pick a fight. ✔ The safest rooms are located on the side of the hotel farthest from the front entrance, located above ground level but not on the top floor (nothing higher than the sixth floor), without a balcony and not overlooked by another room ✔ Check an online travel agency like Expedia or Booking.com or call your travel agent ✔ Check the rate against the price your preferred hotel would charge if you book direct ✔ Contact him at chris@elliott.org or visit elliott.org The country where people will live longest by 2040 – but UK's not in the top 20 10/22/2018, 1:57:45 PM JAPAN has been toppled from first place as the country with the highest life expectancy. The country where people can expect to live the longest is now Spain. A report by the Institute...
Post a Comment
Read more

Disasters - SERIES 276 {48 articles}

'I spent time with the victims of Indonesia’s earthquake and tsunami – and this is what I saw' 10/9/2018, 3:49:43 PM The devastation of the Sulawesi disaster has impacted the lives of tens of thousands of people. Photojournalist Paddy Dowling travelled to the heart of the tragedy, where its victims are slowly rebuilding their lives ✔ The sweet stench of death hangs thick and heavy in the early evening air at Perumnas Balaroa, Palu, Indonesia ✔ JL Kenanga street in Palu is where locals say hundreds of bodies may still be buried under the rubble Paddy Dowling 11/23 A body recovered from Perumnas Baloroa in Palu lay on the road outside the morgue in the blistering heat of the day UK weather forecast: Storm Callum to BATTER UK with 85mph winds - Met Office WARNING 10/9/2018, 2:25:50 PM STORM Callum is set to batter the UK this weekend, ending the country's mini heatwave with torrential rain and heavy winds across the country. ✔ Mr Miles added: It is going to b...
Post a Comment
Read more

Travel - SERIES 260 {21 articles}

Thanksgiving in Shanghai? Why not? This $472 round-trip fare from LAX on United makes it possible - Los Angeles Times 10/12/2018, 10:48:18 AM The window for travel is Nov. 11-Dec. 5. ✔ Why not spend Thanksgiving in Shanghai or begin your Christmas shopping early ✔ Fare : $472 round trip, including all taxes and fees, from LAX to Shanghai on United Restrictions : The fare is subject to availability Storm Callum: Are flights cancelled today as storm batters the UK? 10/12/2018, 8:52:43 AM STORM Callum is smashing into the UK today bringing hurricane-force gales and heavy rain. Warnings have been issued across Scotland, Wales, southern, western and northern England - are flights cancelled? ✔ (Image: Getty Images/ WX CHARTS) More than 25 Aer Lingus flights travelling to and from Dublin airport have already been cancelled ✔ The storm killed at least 22 people with gusts of more than 130 mph ripping trees from the ground, knocking out power supplies and tearing roof til...
Post a Comment
Read more