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Trade War - SERIES 192 {12 articles}

Wang Yi: China not seeking to displace US as top power

9/28/2018, 4:08:49 PM
Chinese foreign minister says Beijing and Washington can overcome 'current difficulties' amid burgeoning trade war. ✔ It is a misguided anticipation that will be extremely detrimental to US interests and the future of the United States, Wang told the Council on Foreign Relations in New York City, where he was attending the UN General Assembly ✔ He declared that further cooperation with China was key in pursuing denuclearisation of its ally North Korea ✔ UpFront South China Sea: The world's next big war


China is 'champion of multilateralism,' foreign minister says

9/28/2018, 6:43:34 PM
Wang Yi talks of upholding 'world order' and criticizes 'impulse' decisions ✔ and its ideals, and comes as China is stepping up its financial commitments to the organization ✔ Beginning in 2019, China will overtake Japan to become the second-largest contributor to the U.N.'s general budget ✔ Try 3 months for $9 Offer ends September 30th


Fed's Bullard says Nafta deal would be a 'very big positive'

9/28/2018, 6:32:15 PM
undefined ✔ Mexico and the U.S. are about to start the process of pursuing formal approval of a Nafta deal from the U.S. Congress ✔ Bullard repeated that he thinks the Fed should delay further interest rate increases ✔ Only 4 of 16 senior Fed officials penciled in a pause in December, the rest expected another quarter-point move


China says it won't be pushed around by US on trade

9/28/2018, 7:16:25 PM
UNITED NATIONS (AP) — China warned Friday that its critical relationship with the United States could break "like a glass," and used the most global of stages to warn the Trump ad ✔ UNITED NATIONS (AP) China warned Friday that its critical relationship with the United States could break like a glass, and used the most global of stages to warn the Trump administration it wouldn't be pushed around on trade ✔ On human rights, Wang was asked about the reported harsh treatment of Uighur Muslims in China's far west


The S&P 500 is on track for best quarter since 2013

9/28/2018, 4:35:48 PM
The longest bull market in history is back on track. ✔ The longest bull market in history shows no signs of letting up ✔ The surge represents a powerful rebound from Wall Street's brush with disaster in late January and February ✔ With earnings and the overall economy on firm footing, the calendar could be the bull's best friend, Detrick said ✔ That's a healthy gain, but barely half the recent spike


General Electric's stock hasn't bottomed yet because it didn't 'rip the band aid off,' RBC says (GE) | Markets Insider

9/28/2018, 4:09:05 PM
undefined ✔ To date, GE Power’s challenges had been market- driven/secular, but these new turbine issues are arguably self-inflicted ✔ Now read: 'We didn't learn anything' Billionaire investor Stanley Druckenmiller says the next financial crisis could be worse than the last, and lays out how it might happen Facebook's targeting users with ads using data they provided for security reasons and it shows why the company still can't be trusted on privacy HOWARD MARKS: Here's where we'll find 'ground zero' of the next financial crisis Business Insider


U.S. consumer spending rises; monthly inflation moderates

9/28/2018, 4:03:36 PM
U.S. consumer spending increased steadily in August, supporting expectations of ... ✔ FILE PHOTO: A woman shops in the Health & Beauty section of a Whole Foods in Upper St ✔ The dollar was trading higher against a basket of currencies, while U.S. Treasury yields fell ✔ EYES ON TARIFFS In August, spending on goods increased 0.3 percent, likely lifted by higher gasoline prices ✔ Our Standards:The Thomson Reuters Trust Principles


How the Mexican peso came out on top in a tumultuous 3rd quarter for emerging markets

9/28/2018, 7:10:54 PM
Mexico’s peso comes out as the top emerging markets currency in the third quarter, leaving behind the rest of the field plagued by selloffs, currency crises and contagion worries. ✔ Emerging markets assets had a tough summer as strength in the U.S. dollar DXY, +0.14% rising interest rates in the U.S., higher oil prices, trade war fears, and a slew of idiosyncratic factors proved tough to shake ✔ We Want to Hear from You Join the conversation Comment


China says 'no cause for panic' over U.S. ties, but won't be...

9/28/2018, 7:52:22 PM
The Chinese government's top diplomat, Wang Yi, said on Friday there was &q... ✔ U.S. Secretary of State Mike Pompeo warned members of the United Nations Security Council on Thursday that they must set the example by enforcing sanctions on North Korea as China and Russia suggested the council consider easing the tough measures because progress had been made


The key to record highs in U.S. stocks: earnings

9/28/2018, 4:16:27 PM
But trouble with China could end the party. ✔ Since this trade friction with China started, U.S. and Chinese stock markets have performed differently ✔ Even though the Dow Industrials and S&P 500 lagged the small-cap and technology indexes most of the year, they did much better than the mainland Shanghai Composite and CSI 300 index (see ) ✔ Subscribe to MarketWatch's free Need to Know newsletter ✔ We Want to Hear from You Join the conversation Comment


U.S., Mexico to release trade deal text as pressure mounts on Canada

9/28/2018, 7:17:38 PM
The text of the Trump administration's trade agreement with Mexico is due t... ✔ REUTERS/Rebecca Cook/File Photo We are in a very tough negotiation with the United States over NAFTA .. ✔ As far as we are concerned we want a deal that is good for Canadians and that’s the bottom line, Canadian Transport Minister Marc Garneau told reporters in Ottawa ✔ Our Standards:The Thomson Reuters Trust Principles


The Canadian border city on front line of Trump’s tariff threats

9/28/2018, 4:32:35 PM
undefined ✔ Janice Forsyth, a management consultant who is the acting president of the Windsor-Essex chamber of commerce, said the uncertainty over the fate of trade with the US has already started to hurt the local economy ✔ Trudeau is a debatable guy but he’s doing a good job on this


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