Skip to main content

Trade War - SERIES 157 {12 articles}

'World is probably economically less safe': BlackRock chief sends warning over trade war

9/21/2018, 1:52:59 AM
Larry Fink says the United States is "a big winner" in the trade war with China "in the short-term," but not necessarily over time. ✔ Larry Fink is chief of BlackRock, which manages nearly $10 trillion in funds ✔ That has driven US stocks up, while equities have fallen elsewhere ✔ Still, Fink said he did not expect China's renminbi to become a global currency of choice anytime soon, even though US President Donald Trump's protectionist policies may benefit China in the long-term


Gold rises on weaker dollar, heads for 1st weekly gain in four

9/21/2018, 1:59:38 AM
Gold prices nodded up on Friday to reach a one-week high amid a weakening in the greenback as fears of a full-blown China-U.S. trade war receded. ✔ The dollar index was hovering near a ten-week low against a basket of major currencies ✔ Financial technology company Tradewind Markets said on Thursday it had hired Steve Lowe, former head of European operations at Bank of Nova Scotia's metals business, to help it expand in Europe


U.S. bond market recession signal not far away, say strategists:...

9/21/2018, 12:36:55 AM
The moment when short-dated U.S. Treasury yields rise above longer maturities, a... ✔ More importantly for our purposes, the interest rate market narrative is increasingly focusing on those risks, and it seems likely the markets will start pricing them in with lower long-term interest rates in the back half of 2018 ✔ Our Standards:The Thomson Reuters Trust Principles


‘I’m the President of the US, NOT THE GLOBE' - Donald Trump defends protectionism at rally

9/21/2018, 3:37:03 AM
PRESIDENT Donald Trump defended his protectionist policies at a rally in Las Vegas today, declaring: “I’m the President of the United States, I’m not the President of the globe.” ✔ He said: In 2016, the American people voted to reject this corrupt globalism ✔ Trump’s presidency has been characterised by an escalating trade war, fuelled by increased tariffs on goods such as steel and aluminium ✔ The rally in Nevada is the first back after several were cancelled due to Hurricane Florence


Walmart warns Trump tariffs may force price hikes: letter

9/21/2018, 2:17:06 AM
Walmart Inc said that it may hike prices of products if the Trump administration... ✔ FILE PHOTO: A Walmart store is seen in Encinitas, California April 13, 2016 ✔ The U.S. Trade Representative’s office was not immediately available for comment ✔ CNN Money reported the news first, citing Walmart’s letter ✔ Our Standards:The Thomson Reuters Trust Principles


Trade worries push Japan Sept manufacturing confidence to 2-year...

9/21/2018, 12:43:57 AM
- Japanese manufacturing activity grew at a slightly faster pace in September as... ✔ The index remained comfortably above the 50 threshold that separates contraction from expansion for the 25th consecutive month ✔ Growth in the goods-producing sector continues to be supported by increases in new orders, said Joe Hayes, economist at IHS Markit, which compiles the survey ✔ Our Standards:The Thomson Reuters Trust Principles


Dollar struggles near 2-mth lows, yen sags on receding risk aversion

9/21/2018, 1:35:43 AM
The dollar was close to two-month lows on Friday, as the yen also weakened from lower safe haven demand. ✔ The dollar struggled near two-month lows, while the yen also sagged on Friday on reduced safe haven demand amid a switch in investors' view that the Sino-U.S ✔ The 'risk on' mood in light of optimism towards U.S.-China trade issues has cleared the path for the euro's rise, said Masafumi Yamamoto, chief forex strategist at Mizuho Securities in Tokyo


Dollar struggles near 2-month lows, yen sags on receding risk aversion

9/21/2018, 1:36:20 AM
The dollar struggled near two-month lows, while the yen also sagged on Friday on... ✔ The ‘risk on’ mood in light of optimism towards U.S.-China trade issues has cleared the path for the euro’s rise, said Masafumi Yamamoto, chief forex strategist at Mizuho Securities in Tokyo ✔ (Refiles to add dropped word in fifth paragraph) Our Standards:The Thomson Reuters Trust Principles


Asian stocks extend recovery as trade worries take back seat

9/21/2018, 1:36:18 AM
Asian stocks extended gains on Friday after Wall Street's S&P 500 set a new... ✔ Leading the gains were developed markets outside the U.S., which have risen 2.3 percent so far this week ✔ They outperformed U.S shares, which have risen 0.8 percent, reversing their underperformance since early May when trade disputes intensified ✔ Our Standards:The Thomson Reuters Trust Principles


U.S. sanctions China for buying Russia war planes, missiles

9/21/2018, 3:54:46 AM
WASHINGTON--The Trump administration imposed sanctions on the Chinese military on Thursday for buyin ✔ One U.S. administration official, who briefed reporters on condition of anonymity, said the sanctions imposed on the Chinese agency were aimed at Moscow, not Beijing or its military, despite an escalating trade war between the United States and China


Democratic enthusiasm for the Trump tariffs is a bad sign

9/21/2018, 1:20:10 AM
President Trump increased his tariffs on Chinese imports this week, believing that Beijing will eventually cave to his trade reform demands. ✔ At the White House, Trump wrongly said that ‘China is now paying us billions of dollars in tariffs,’ The Post reported, and he celebrated the Treasury Department collecting ‘tremendous amounts of money, which is great for our country.’ In fact, The Post explains, tariffs are taxes that are paid by Americans who import goods from abroad


Reality of painful tariffs point to long-term test for China

9/21/2018, 2:31:34 AM
undefined ✔ Sheng Min, an official at the China Resource Recycling Association, said many projects in his industry have been on hold since the last round of US tariffs [in August] ✔ China can easily substitute American imports with those from Qatar and Australia, said Chen Lin, head of energy markets at Nomura


>>> Open This Series
Labels:

Comments

Post a Comment

Popular posts from this blog

Autos - SERIES 41 {15 articles}

Car makers ready record number of motors for sale - as they'll fail new CO2 tests 9/5/2018, 2:02:59 PM THE HIGHEST ever number of new cars were registered for the month of August, as manufacturers clear out motors that do not comply to new emissions tests. The WLTP (Worldwide Harmonised Light Vehicl… ✔ Car makers also slashed their prices for new non-compliant models as they are still road legal ✔ In the long term, however, the new emissions certification test will give consumers renewed confidence in the performance of all vehicles, helping them choose the latest, cleanest technology that best suits their driving needs, whether that be petrol, diesel, hybrid or plug-in You can be slapped with a £1,000 fine and SIX penalty points if another driver is caught speeding in your car 9/5/2018, 2:32:50 PM DRIVERS could be slapped with a hefty penalty if another motorist is caught speeding in their car. Car owners who fail to report driver details to police after their vehicle ...
Post a Comment
Read more

Fashion - SERIES 71 {19 articles}

New season styling tips to take from Stockholm Fashion Week 8/31/2018, 10:50:14 AM New season styling tips to take from Stockholm Fashion Week ✔ Fresh off the back of Copenhagen Fashion Week, the Scandinavian style set flocked to Stockholm for a celebration of Swedish design ✔ Getty Images Follow Telegraph Fashion Follow on Facebook Follow on Twitter Follow on Instagram Trine Kjaer contrasts her floral Ganni dress with a masculine bomber jacket ✔ There's no need for flashy accessories or eccentric styling here - the jumpsuit says it all Where will the fashion set be staying during New York Fashion Week? The city's best hotel suites 8/31/2018, 10:24:30 AM Where will the fashion set be staying during New York Fashion Week? The city's best hotel suites ✔ When it comes to palatial hotels, few destinations match the grandeur of New York ✔ Rates from $21,761; peninsula.com The Carlyle's Empire Suite Long one of New York's most ...
Post a Comment
Read more

Disasters - SERIES 383 {14 articles}

Shikoku Electric restarts nuclear reactor 10/27/2018, 9:54:27 PM Shikoku Electric Power Co restarted on Saturday a reactor at the Ikata nuclear power plant in western Japan after a suspension of nearly one year due to a high court order. The restart of the No. 3 unit at the plant in the town of Ikata in Ehime Prefecture, announced… ✔ Before that, it had gone back online in August 2016 after clearing stricter safety regulations implemented in the wake of the Fukushima nuclear disaster ✔ Ehime Gov Tokihiro Nakamura told reporters Friday in the town that the prefectural government will ask the power company to take thorough safety measures ✔ At the time of the meltdowns, Japan had 54 nuclear reactors in commercial use FEMA opens disaster recovery center for flood victims in Reedsburg 10/27/2018, 10:35:02 PM A disaster recovery center opened Oct. 26 in Reedsburg for federal, state and county officials to provide information and assistance with programs to help those affected by...
Post a Comment
Read more

Disasters - SERIES 218 {22 articles}

"A bad science fiction movie": Large, aggressive mosquitoes swarm N.C. city after Florence 9/27/2018, 2:16:12 PM The state has 61 mosquito species, and "when the flood comes, we get many, many billions of them," professor says ✔ 'While most mosquitoes that emerge after flooding do not transmit human disease, they still pose a public health problem by discouraging people from going outside and hindering recovery efforts ✔ Agriculture Commissioner Steve Troxler has said he expected losses to be great because harvests were under way or just getting started Greece earthquake ALERT: Major earthquake shakes Kalamata - tourists rattled 9/27/2018, 12:35:01 PM GREECE has been hit by a major earthquake today, as tourists and locals report feeling shaking in the city of Kalamata. ✔ The epicenter of the quake was 37 kilometers west of Methoni in the Peloponnese peninsula, according to the European Mediterranean Seismological Centre ✔ It struck at a depth of 10 k...
Post a Comment
Read more

War Countries - SERIES 346 {14 articles}

Jamal Khashoggi killing hurts Saudi war in Yemen 10/28/2018, 8:09:35 PM The furor generated by the apparent killing of dissident Saudi journalist Jamal Khashoggi at the hands of a “hit team” of top Saudi officials could have some serious blowback for one of Saudi Crown Prince Mohammed bin Salman’s signature foreign policy initiatives: the increasingly troubling war in neighboring Yemen. ✔ Marred by tactical mistakes, heavy civilian casualties and what U.N ✔ undersecretary-general for humanitarian affairs, told the U.N ✔ It is just a quagmire that is benefiting Iran, Mr. Indyk told reporters in a teleconference last week ✔ However, I do not think he can afford a confrontation with the United States Yemen's infants face starvation as war rages on 10/28/2018, 10:50:41 PM Ahmed Hassan is only a few months old, but his emaciated frame twitches as he cries in pain when Yemeni doctors gently place him on a scale. He is starving. In the next room, nurses make baby formula by th...
Post a Comment
Read more