Skip to main content

Trade War - SERIES 174 {19 articles}

Powertech begins $1.68bn Taiwan chip packaging plant amid trade war

9/25/2018, 12:50:47 PM
Key supplier eyes Google, Facebook, Alibaba as customers in new AI tech wave ✔ He did not specify customers, but it is understood that the company will be reaching out to emerging customers such as Google, Facebook, Amazon and Alibaba Group Holding ✔ Alibaba announced for the first time last week that it would be rolling out its own chip for artificial intelligence applications by the end of 2019 ✔ Try 3 months for $9 Offer ends September 30th


Jamie Dimon explained the hidden danger of Trump's trade war with China

9/25/2018, 2:41:03 PM
JPMorgan CEO Jamie Dimon explained that President Donald Trump's trade conflict with China isn't just about price increases, but the second-order effects could actually do more damage to the US economy. ✔ Current trade policies and uncertainty about future trade policies are having negative effects, especially on capital investment, Joshua Bolten, CEO of the Business Roundtable, said in a release ✔ It could easily offset some of the benefits that we've seen form regulatory reform and tax reform


US holding 'KNIFE to China's neck' – Beijing claims as ensuing trade war ESCALATES

9/25/2018, 1:53:46 PM
THE US is holding a “knife to China’s neck” and makes trade talks incredibly difficult, Chinese vice commerce minister Wang Shouwen said at a news conference in Beijing. ✔ The vice commerce minister said the US is holding a 'knife' to China's throat (Image: GETTY) Certain forces in the United States have been making groundless criticisms against China about trade and security issues, which has poisoned the atmosphere for Sino-US ties and is highly irresponsible, State Councillor Wang Yi was quoted as saying, without naming anyone


EU on brink: Trump trade war to wipe £255BILLION off GDP ‘Warning lights are flashing’

9/25/2018, 1:22:05 PM
THE world is on the brink of a financial meltdown if Donald Trump’s import tariffs descend into a full-blown trade war - with the European Union wiping £255billion from its GDP, the World Trade Organisation has warned. ✔ The EU hit back imposing its own raft of tariffs on hundreds of American goods in what has become a tit for tat spat ✔ Some markets, like Japan's, have positive factors to fall back on like the weaker yen, but such support could be negated if the Chinese market is hit by volatility


Analysis | The Finance 202: Auto tariffs would vastly expand Trump's trade war. A decision could come at any time.

9/25/2018, 12:29:56 PM
The move would double the value of goods subjected to tariffs in the U.S. ✔ Beijing is open to negotiations but whether they proceed is up to Washington, said a deputy commerce minister, Wang Shouwen.. ✔ #TNYcartoons A post shared by The New Yorker Cartoons (@newyorkercartoons) on Sep 24, 2018 at 8:22am PDT BULL SESSION I've never sexually assaulted anyone: Key takeaways from Kavanaugh's Fox News interview Haspel makes first public remarks as CIA director: Rare two-headed copperhead snake discovered in Va.:


Consumer confidence hovers around 18-year high

9/25/2018, 2:53:37 PM
Strong economy and robust jobs growth boosts consumer confidence. ✔ Consumers’ assessment of current conditions remains extremely favorable, bolstered by a strong economy and robust job growth …. ✔ Consumers' assessment of the labor market improved, with 45.7 percent of Americans claiming jobs are plentiful, compared to the prior 42.3 percent, while 22.5 percent expect more jobs in the months ahead compared to the prior 21.5 percent


Germany tops US as China’s leading car exporter amid mounting trade disputes

9/25/2018, 2:12:08 PM
Germany has outpaced the United States as the top exporter of vehicles to the Chinese market, Beijing’s Commerce Ministry said, citing current Sino-American trade tensions as the major reason for the decline in the US share. ✔ The US introduced a 25-percent charge on $34 billion worth of Chinese goods ✔ The Chinese government retaliated by hitting an equal volume of US produce with an import tax of 25 percent ✔ For more stories on economy & finance visit RT's business section


The Fed has a lot to talk about besides higher interest rates

9/25/2018, 3:45:57 PM
Federal Reserve Chairman Jerome Powell is likely to face questions Wednesday about political influence, trade wars and future rate hikes. ✔ Analyst: Trade war is big headline, not big problem Presidential influence ✔ He also said it's challenging to forecast the economic impact ✔ The central bank's outlook may shift with a new lineup ✔ It's never been used before, and banks don't want to see it take effect


Trump tells world leaders: 'We will no longer tolerate abuse' on trade

9/25/2018, 3:14:22 PM
President Donald Trump defended his administration's conflicts with major trading partners on Tuesday, telling world leaders the U.S. will act in its "national interest."  ✔ We will not allow our workers to be victimized, our companies to be cheated and our wealth to be plundered and transferred, Trump said during remarks in New York ✔ The strategy has led to new tariffs and fresh tensions with major trading partners such as China, Canada, Mexico and the European Union


CFOs bullish on North America, less so on Europe, China

9/25/2018, 1:53:01 PM
CFOs’ optimism retreats: Deloitte's CFO Signals quarterly report. ✔ CFO Signals, a quarterly survey by accounting giant Deloitte, reports that for the third quarter these business leaders’ confidence has retreated compared to the second quarter when many measures of optimism reached a record ✔ They also cited pressures to execute on their growth plans, internal concerns about driving initiatives and finding talent


Twin deficits still look conducive to dollar strength

9/25/2018, 2:15:56 PM
undefined ✔ Net short positions in US Treasuries are running at new record levels ✔ That would normally be a very good reason to question the underlying logic ✔ That growth has been won at the cost of a burgeoning fiscal deficit not far short of 5 per cent of gross domestic product in a full employment economy


'I wouldn't be surprised to see another correction,' long-time bull Jeremy Siegel warns 

9/25/2018, 12:46:18 PM
Wharton finance professor Jeremy Siegel cites ongoing trade tensions and rising interest rates as "major challenges." ✔ Siegel makes it clear that he's not completely abandoning his bull case for stocks ✔ His second biggest risk to the stock market comes from the Federal Reserve, which begins a two-day meeting Tuesday ✔ Long-time bull Jeremy Siegel warns stocks face ‘major challenges’    16 Hours Ago | 06:33 Disclaimer


White House ‘open’ to testimony by second Kavanaugh accuser | Republicans ‘in deep depression’ over midterms

9/25/2018, 1:07:20 PM
The White House says it would be “open” to Deborah Ramirez, a second woman accusing Supreme Court nominee Brett Kavanaugh of sexual misconduct, testifying before the Senate Judiciary Committee this week. ✔ We are all in deep depression right now, said a prominent Republican Party pollster who did not want to be identified speaking critically about the president ✔ Subscribe to MarketWatch's free Asia Daily newsletter ✔ We Want to Hear from You Join the conversation Comment


10 things you need to know before the opening bell (SPY, SPX, QQQ, DIA, SIRI, SHLD, FB, NKE, P) | Markets Insider

9/25/2018, 12:56:18 PM
undefined ✔ AP/Emilio Morenatti Here is what you need to know ✔ Sirius XM agrees to pay $3.5 billion in stock for Pandora ✔ Hong Kong's Hang Seng (-1.62%) lagged in Asia and Germany's DAX (+0.15%) leads a quiet session in Europe ✔ FHFA home prices and Case-Shiller home prices will both be released at 9 .am


Global stocks are doing something rarely seen over the past 30 years — and what happens next could determine whether a US recession is coming

9/25/2018, 1:39:52 PM
BI PRIME: The percentage of global stock markets outperforming their benchmark is close to the lowest in 30 years. The conditions that cause this measure to rebound will go a long way towards signaling whether a recession is imminent, according to Morgan Stanley. ✔ Morgan Stanley The coloring of the dates below the chart is crucial to understanding what's at stake ✔ Morgan Stanley says that following the red periods February 1991, September 2008, and November 2015 the ratio improved because things got worse for the US ✔ To read the full article, simply click here to claim your deal and get access to all exclusive Business Insider PRIME content


Dollar softer ahead of Fed rate decision; hike largely priced in

9/25/2018, 3:27:05 PM
was weaker on Tuesday ahead of a Federal Reserve meeting that is widely expected... ✔ Some analysts said the euro was also supported by signs Italy’s anti-establishment coalition is likely to reach a compromise over its 2019 budget ✔ It had touched a 3-1/2 month high on Monday after Draghi expressed confidence in euro zone inflation and wage growth, before giving up most of those gains ✔ Our Standards:The Thomson Reuters Trust Principles


China says it can't hold US trade talks with 'knife to the throat'

9/25/2018, 12:45:42 PM
China said on Tuesday it was impossible to hold trade talks with the United States while Washington is imposing tariffs that are like "holding a knife to someone's throat". Speaking a day after Washington activated tariffs on $200 billion in Chinese goods, vice commerce minister Wang Shouwen said China is… ✔ Beijing has hit back with each step, hitting $110 billion worth of U.S. goods, or nearly everything China buys from the United States ✔ China's retaliatory levies target 5,200 U.S. goods worth $60 billion with new five to 10 percent tariffs, including big ticket items such as liquefied natural gas, lumber and electronics, as well as peppermint oil, pig hides and condoms


Europe, Russia and China join forces with a new mechanism to dodge Iran sanctions 

9/25/2018, 3:49:25 PM
The mechanism, called a "special purpose vehicle", would aim to "assist and reassure economic operators pursuing legitimate business with Iran," according to a joint statement released by the Iranian nuclear deal's remaining members.  ✔ All of the deal's remaining members engage in trade with Iran, particularly for its oil ✔ Europeans have their own nationalists who could well push back, leading to a widening gulf between America and Europe that Iran (and other countries like Russia) can exploit


Hilarious. Delusional US Slaps Sanctions on Chinese Military for Buying Russian S-400, Su-35s

9/25/2018, 1:43:28 PM
It has been barely two weeks since China joined Russia in the "Vostok" war games, the largest display of Eurasian military might since 1981 when the Soviet Union was still a global superpower, and already the US has found an opening to try and drive a wedge between China and Russia, or at least express its displeasure with their increasingly close relationship. ✔ It has been barely two weeks since China joined Russia in the Vostok war games, the largest display of Eurasian military might since 1981 when the Soviet Union was still a global superpower, and already the US has found an opening to try and drive a wedge between China and Russia, or at least express its displeasure with their increasingly close relationship ✔ China has normal military exchanges and cooperation with Russia, aimed at protecting regional peace and stability, which is not against international law or aimed at any third party, Geng added


>>> Open This Series
Labels:

Comments

Post a Comment

Popular posts from this blog

Trade War - SERIES 223 {13 articles}

Chinese developers slash prices as economic outlook dims 10/9/2018, 12:33:42 PM Investors dump shares as trade war with US bites ✔ Currently, people are very pessimistic on China's economic outlook ✔ Last week, People's Bank of China cut reserve requirement ratios for most commercial banks, freeing up more than $100 billion of capital ✔ If the impact of the trade war worsens, the property sector remains one of the best ways to absorb job losses in the manufacturing and export sectors Jaguar Land Rover to shut its Solihull plant for two weeks as Chinese sales slump 10/9/2018, 1:15:13 PM Britain's biggest carmaker Jaguar Land Rover will close its Solihull plant for two weeks later this month after it reported a nearly 50 percent fall in sales to China as import duties and a trade war with the U.S.  hurt demand. ✔ About 45 percent of the firm's sales are diesel models, which have been hit by clampdowns and tax rises in some countries as governments try to cut a...
Post a Comment
Read more

War Countries - SERIES 230 {13 articles}

Nobel prize for Congo surgeon exposes region's deadly threat 10/6/2018, 1:03:07 PM JOHANNESBURG (AP) — The awarding of the Nobel Peace Prize to a Congolese surgeon brings rare global attention to a region surging for decades with rebel conflict that now threaten ✔ peacekeepers, a rocket explosion and an attack on the town at the center of Ebola efforts that killed at least 18 people and shut down health work for days ✔ Some combatants are fighting for control of the country’s mineral wealth, intensifying the cycle of violence Afghan official: 2 security forces killed in bomb blasts 10/6/2018, 1:52:27 PM KABUL, Afghanistan (AP) — At least two Afghan security forces were killed Saturday in Taliban attacks in the capital Kabul, officials said. Basir Mujahid, spokesman ✔ Mujahid said a roadside bomb hit a military vehicle as police arrived to respond to an insurgent attack, then a second blast took place in the same area causing ...
Post a Comment
Read more

Trade War - SERIES 172 {18 articles}

Australia looks for boost from Chinese trade war stimulus 9/25/2018, 7:46:10 AM After 27-year growth run, the economy is weaker than it seems ✔ As U.S. President Donald Trump escalated tariffs to $250 billion this month and China fired back with its own -- totaling less than half of those from the U.S. -- Premier Li Keqiang told the World Economic Forum in Tianjin that the government would build on its massive measures to reform the economy China says trade war to 'certainly' hurt U.S. exporters, create... 9/25/2018, 3:04:40 AM China is being forced to retaliate against the United States in their trade disp... ✔ FILE PHOTO: A container truck moves past containers at the Yangshan Deep Water Port in Shanghai, China April 24, 2018 ✔ Beijing said it was willing to restart trade negotiations with Washington if the talks are based on mutual respect and equality, according to a white paper on the dispute published by the State Council, or cabinet, on Monday ✔ The United St...
Post a Comment
Read more

Autos - SERIES 130 {10 articles}

Your next car might come with Android embedded 10/6/2018, 11:04:09 AM From the Play Store to your dashboard ✔ The AIC will allow new models to become increasingly smart ✔ Being able to get the best from your favourite apps like Spotify and Skype safely and without distraction while you’re on the go seems the obvious way forward ✔ In-car AI could soon know if you're having a good or bad day Inspirational techy car leaves 'inspirational quotes' in the dust 10/6/2018, 6:54:09 PM YOU know what I hate more than anything else? So-called “inspirational quotes”. Anyone who has been within 20ft of a computer will be familiar — they clog up the internet like a rugby team clogs th… ✔ Badge snobs won’t agree but, in my opinion, if you’re in the market for this type of car, buy the Stinger ✔ For more bikes, search for Bike World on YouTube or find Bike World on Amazon Prime ✔ Yes, it will likely only appeal to a select group of hardy buyers but for them, it’ll be like Brit P...
Post a Comment
Read more

War Countries - SERIES 306 {21 articles}

Afghanistan: Roadside bomb blast kills 11 in Nangarhar's Achin 10/21/2018, 10:35:31 AM Six children and a woman among victims of explosion in Achin district of Nangarhar, as Afghans vote for a second day. ✔ There are 21,000 voting stations in 5,100 polling centres across the country's 33 participating provinces ✔ There is also an ongoing dispute over how to divide Ghazni's electoral constituencies to have a more balanced ethnic representation ✔ The electoral commission has not set a timeline for announcing official results, but preliminary results are expected within a month 'Dark day': Congo rebels kill 2 health agents fighting Ebola 10/21/2018, 6:35:36 AM JOHANNESBURG (AP) — It is a "dark day" for everyone fighting the deadly Ebola outbreak after rebels shot and killed two medical agents with the Congolese army, Congo's health minister announced late Saturday. This appears to be the first time health workers have been killed by rebels in ...
Post a Comment
Read more