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Trade War - SERIES 183 {11 articles}

Trump-Xi relations cool further after claim of election meddling

9/27/2018, 2:18:02 AM
U.S. president uses week at UN to slam China amid escalating trade war ✔ In a tweet, Trump said that China was placing propaganda ads in the Des Moines Register and other papers made to look like news ✔ A major producer of soybeans, Iowa was among the hardest-hit states after Chinese retaliation to Trump's first round of tariffs on Chinese goods ✔ Try 3 months for $9 Offer ends September 30th


Gold prices inch up as investors look for bargains

9/27/2018, 3:14:06 AM
Gold prices were higher early on Thursday, following a two-week low seen in the prior session. ✔ The dollar steadied against its peers early on Thursday as the small boost it received from the U.S. Federal Reserve interest rate hike faded, with a decline in U.S. Treasury yields reducing support for the greenback ✔ British Prime Minister Theresa May and U.S. President Donald Trump discussed their will to strike a big and ambitious trade deal after Britain's withdrawal from the European Union, May's office said on Wednesday


U.S. flies bombers over South China Sea amid higher tensions

9/27/2018, 3:20:59 AM
WASHINGTON--The U.S. military flew B-52 bombers in the vicinity of the South China Sea this week, U. ✔ Eastburn said separately the United States also flew B-52 bombers over the East China Sea on Tuesday as part of a regularly scheduled, combined operation ✔ Trump accused China of seeking to meddle in the Nov. 6 U.S. congressional elections on Wednesday, saying Beijing did not want his Republican Party to do well because of his pugnacious stance on trade


Asian stocks aimless following Fed rate hike

9/27/2018, 3:37:46 AM
Nikkei index hovers around previous day's close ✔ South Korea's benchmark Kospi rose 0.6% in the morning, hitting its highest level in three months ✔ Lee Ju-yeol said he is concerned about the widening rate gap with the U.S. While the Fed bumped up its key rate by a quarter of a percentage point, to a range of 2% to 2.25%, the BOK has kept its benchmark at 1.5% for the last 10 months ✔ Get unique insights on Asia, the most dynamic market in the world ✔ Try 3 months for $9 Offer ends September 30th


US sends B-52 bombers ripping through the contested South China Sea twice in less than a week as tensions soar

9/27/2018, 12:44:59 AM
The US sent B-52H Stratofortress heavy long-range bombers through the disputed South China Sea twice in three days. The flights come at a time of rising tension between Washington and Beijing. ✔ If it was 20 years ago and had they not militarized those features there it would have been just another bomber on its way to Diego Garcia or wherever, the secretary explained ✔ Analysts and experts suspect that it will be a long time before military ties recover


Markets Live: ASX to drop as Fed lift rates

9/27/2018, 12:03:36 AM
The Australian sharemarket is set to open lower this morning after ASX futures turned lower following the Fed's decision to lift rates overnight. ✔ Replay Replay Video Loading Play Video Play Video Playing in 5 ...Don't Play More 9:39am Here are the overnight market highlights: SPI futures down 17 points 0.3% to 6164 at about 7.30am AEST AUD +0.2% to 72.61 US cents On Wall St: Dow -0.4% S&P 500 -0.3% Nasdaq -0.2% In New York, BHP -0.8% Rio -1.3% Atlassian +0.1% In Europe: Stoxx 50 +0.4% FTSE +0.1% CAC +0.6% DAX +0.1% Spot gold -0.8% to $US1191.83 at 2.44pm New York time Brent crude -0.7% to $US81.33 a barrel US oil -0.9% to $US71.62 a barrel Iron ore down -0.4% to $US68.96 a tonne Dalian iron ore +0.2% to 503 yuan 2-year yield: US 2.81% Australia 2.08% 5-year yield: US 2.94% Australia 2.27% 10-year yield: US 3.05% Australia 2.73% Germany 0.52% US-Australia 10-year yield gap as of 7.30am AEST: 32 basis points More 9:21am The US Federal Reserve has officially ended America's crisis era monetary policy, hiking interest rates for a third month with more to follow, as signs of a brightening economy overshadow growing concerns about the China trade war


Another round of Trump tariffs could mean 'economic shock waves' for China

9/27/2018, 2:38:58 AM
Consumer tech products such as mobile phones and smart watches could be targeted in the next round of Trump's tariffs on China, and autos could suffer a further hit, experts said. ✔ STR | AFP | Getty Images Chinese employees working on micro and special motors for mobile phones at a factory in Huaibei, China ✔ Ford scrapped a plan to sell its new Chinese-made Focus Active crossover model in the U.S., while Volvo moved the production of its XC60 crossover from China to Sweden


US and Japan enter 2-way trade talks, but differ on goal

9/27/2018, 2:25:27 AM
Deal protects Japanese automakers from further tariffs, for now ✔ In a statement issued after the meeting, the two leaders said their countries will enter into negotiations for a United States-Japan Trade Agreement on goods, with a goal of producing early achievements ✔ Try 3 months for $9 Offer ends September 30th


The boon of China’s entry into Africa comes with a warning

9/27/2018, 1:11:31 AM
undefined ✔ While the US has been sleeping, China, particularly in Africa, has stolen a march by using relatively modest sums to gain outsized influence ✔ Civil society is right to keep a close watch on infrastructure projects that are too often overpriced and unable to generate sufficient income to pay back the underlying loan ✔ If they squander it, they really do deserve to be locked up in Beijing


After Fed, Philippines, Indonesia seen hiking rates; NZ holds the line

9/27/2018, 2:49:24 AM
central bank held interest rates on Thursday after the Federal Reserve delivered... ✔ Asia's worst performing currency, the rupee INR=, which has weakened by more than 12 percent to record lows, is also likely to be a key consideration for Reserve Bank of India, which is expected to hike by 25 bps next week ✔ Our Standards:The Thomson Reuters Trust Principles


Enter the master strategist - Opinion

9/27/2018, 1:14:14 AM
undefined ✔ Zhu settled everything with a general agreement on drafting a commitment to resolve any differences between the sides sometime in the future ✔ In 2018, merely two decades years later, as a trade war looms sparked by the short-term approach of the political ministration of Donald Trump, Long Yongtu’s words are more relevant than ever


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