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Trade War - SERIES 185 {16 articles}

China urges US to stop 'slander' after Trump's election claims

9/27/2018, 11:58:46 AM
China's foreign ministry denied Trump's accusation that Beijing is trying to influence the US congressional elections. ✔ Stop these wrong words and deeds that damage bilateral relations and the basic interests of both countries' peoples ✔ What's the endgame in the US-China trade war ✔ On many levels now, we are starting to see the relationship between Beijing and Washington gradually unravel ✔ Will Donald Trump's 'America first' policy lead to isolation


China news: Beijing hits back at Trump's midterm hacking claims with sly dig

9/27/2018, 11:38:36 AM
CHINA has hit back at Donald Trump’s claims it meddled in the US midterm elections with a sly dig directed at the American president. ✔ This week, a state-run Chinese media outlet suggested the country is ready to respond to US provocations ✔ Trump’s latest wave of tariffs on roughly $200billion (£153billion) worth of Chinese goods kicked in on Monday ✔ Beijing has responded in-kind, imposing tariffs worth $60billion (£46billion) on US goods


China demands U.S. 'dispel obstacles' to military ties and stop...

9/27/2018, 10:21:47 AM
d States "dispel obstacles" to improving military ties and stop slande... ✔ ELECTION INTERFERENCE Speaking at a separate briefing, Chinese Foreign Ministry spokesman Geng Shuang reiterated a denial of Trump’s accusation that Beijing is trying to influence the U.S. congressional elections in November ✔ Our Standards:The Thomson Reuters Trust Principles


US-China trade battle casts shadow over Asia’s 2019 growth – Asia Development Bank

9/27/2018, 9:15:18 AM
Developing Asia is expected to lose steam as trade rows between Washington and Beijing drastically damage supply chains for businesses, dragging down the region’s export-reliant economies, the Asian Development Bank (ADB) says. ✔ The lender’s report, which doesn’t cover the latest tariffs imposed by China and the US on each other’s imports, includes detailed analysis of 45 countries in the region ✔ For more stories on economy & finance visit RT's business section Trends: Trade War news


WTO cuts world merchandise trade forecasts for 2018 and 2019

9/27/2018, 9:47:54 AM
World trade growth is likely to be slower than previously thought in 2018 and 20... ✔ FILE PHOTO: The World Trade Organization (WTO) headquarters are pictured in Geneva, Switzerland, July 26, 2018 ✔ Next year trade growth of 3.7 percent is expected, a cut from the WTO’s previous forecast of 4.0 percent ✔ Our Standards:The Thomson Reuters Trust Principles


Italy budget uncertainty returns to haunt Europe

9/27/2018, 9:28:48 AM
Europe's share markets and the euro both took a tumble on Thursday as a rep... ✔ REUTERS/Toru Hanai OIL PRESSURE In Asia, MSCI’s index of Asia-Pacific shares outside Japan had ended lower ✔ The real big impact is the fuel price...that is what is really worrying me, Philippines finance minister Carlos Dominguez told Reuters ✔ (For a graphic on 'World FX rates in 2018' click tmsnrt.rs/2egbfVh) Our Standards:The Thomson Reuters Trust Principles


China's CNOOC may divest some U.S. assets after portfolio review

9/27/2018, 8:36:03 AM
- China's CNOOC Ltd <0883.HK> is considering selling parts of its U.S. oil ... ✔ It also follows a large oil discovery at the Stabroek block offshore Guyana, in which CNOOC is partner of a consortium led by Exxon Mobil Corp (XOM.N), and which could recover more than 4 billion barrels of oil ✔ Our Standards:The Thomson Reuters Trust Principles


China, NZ shrug off Fed, but FX risks push Philippines and...

9/27/2018, 9:17:28 AM
and New Zealand sat tight after the Federal Reserve's latest rate hike, but... ✔ The Hong Kong Monetary Authority moved in lockstep with the Fed as its currency is pegged to the greenback ✔ (For a graphic on 'Asian economic outlook' click tmsnrt.rs/2OaS544) GRAVITY PULL For the stronger Asian economies, which are increasingly gravitating towards China on trade and investment, and away from the United States, the Fed outlook does not move the needle as much as it did during its previous tightening cycles ✔ Our Standards:The Thomson Reuters Trust Principles


Euro area economy hums along but clouds form on horizon

9/27/2018, 10:25:52 AM
my is continuing to hum along but growing global trade tensions are starting to ... ✔ Further tariff increases and uncertainties about future trading relations are likely to weigh on global economic momentum going forward, it added ✔ Germany’s leading economic institutes also said any escalation of trade friction involving the United States could cause a major recession in Germany and Europe ✔ ($1 = 0.8538 euros) Our Standards:The Thomson Reuters Trust Principles


Erdogan comes back begging: Turkey leader meets Merkel for tense talks amid lira crisis

9/27/2018, 8:40:03 AM
TURKEY’S President Recep Tayyip Erdogan will meet German Chancellor Angela Merkel today as he attempts to smooth over relations after feeling the wrath of Donald Trump. ✔ Tensions between Turkey and Germany have become hostile following Turkey’s involvement in the Syria conflict and the imprisonment of scores of German Turks in the aftermath of the 2016 failed coup ✔ Other topics expected in the talks include Turkey's stalled EU membership bid and its role in the conflict in Syria


Rate hikes by local banks weigh down Hong Kong shares

9/27/2018, 9:35:06 AM
HSBC flat after raising lending rates, while property developers pull back ✔ With the Hong Kong stock market at this level, some investors will choose to sell to lock in gains first, while others will be reluctant to enter at this relative high level ✔ The Hang Seng Index has risen more than 1,300 points from its 14-month closing low about two weeks ago ✔ Try 3 months for $9 Offer ends September 30th


With opinion split, tariffs are a tough sell in America's Rust...

9/27/2018, 10:25:13 AM
Politicians in America's Rust Belt will likely struggle to capitalize on U.... ✔ A poll released on Wednesday showed a majority of likely voters in Pennsylvania, Wisconsin, Ohio, Michigan and Indiana disapprove of Trump ✔ Indiana Republican Mike Braun, running against Democratic Senator Joe Donnelly, was quoted in the Indianapolis Star here in February as saying that tariffs were a mistake because they provoke retaliation ✔ Our Standards:The Thomson Reuters Trust Principles


Only one thing can snare this stock market in a bear trap

9/27/2018, 9:29:40 AM
Recession could bring down the bull market, but it’s nowhere in sight, writes Ed Yardeni. ✔ The latest relief rally reflects mounting confidence that Trump's trade war won't escalate into one that depresses the economy and corporate earnings, which continue to soar ✔ More: Fasten your seat belt: October is almost here  We Want to Hear from You Join the conversation Comment


The companies behind bitcoin are trying to go public at a really bad time

9/27/2018, 11:48:50 AM
The world's top makers of bitcoin mining technology hope to raise money from investors by selling shares in Hong Kong. ✔ Bitcoin's big stock market debut is coming at a bad time ✔ They're reportedly hoping to raise billions of dollars ✔ The country is still thought to be home to a significant number of cryptocurrency mining operations, but authorities have been trying to push them out


Analysis | China is offering ‘no strings attached aid’ to Africa. Here’s what that means.

9/27/2018, 10:36:46 AM
China and traditional donors could each focus on what they do best — building infrastructure and institutions at the same time. ✔ Chinese President Xi Jinping, center, attends a group photo session with, from left front: South African President Cyril Ramaphosa and Egyptian President Abdel Fatah al-Sissi; second row, from left, Kenyan President Uhuru Kenyatta, Togo President Faure Gnassingbé and Malawi President Arthur Peter Mutharika; and back row, from left, Sierra Leone President Julius Maada Bio and Liberian President George Weah ✔ Nevertheless, competition between China and the West is not, by definition, a bad thing for Africa


Southeast Asian central banks tighten further after Fed rate hike

9/27/2018, 11:13:18 AM
Indonesia and Philippines try to defend currencies amid fresh pressure ✔ President Rodrigo Duterte's Build, Build, Build infrastructure program and the growing domestic economy has widened the country's trade deficit to $22.49 billion, 72% higher on the year, and led to the peso's depreciation ✔ Try 3 months for $9 Offer ends September 30th


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