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Trade War - SERIES 193 {15 articles}

Dow Drops 1.1% on Week as Tariffs, Fed Take Their Toll

9/29/2018, 12:58:03 AM
Stocks were dinged by a rate hike as price increases stayed mild. Could it be a trade war that triggers an inflation shock? ✔ Stocks were dinged by trade and the Federal Reserve this past week ✔ Consider: The Dow Jones Industrial Average dropped 285.19 points, or 1.1%, to 26,458.31 on the week, while the S&P 500 fell 0.5% to 2913.98 ✔ Monetary policy could get tighter if the Fed keeps raising rates and inflation stays where it is


Foreign money returns to Tokyo with new faith in Japan Inc.

9/28/2018, 9:37:58 PM
Stock market's 27-year high supported by higher profit margins and capital efficiency ✔ Pretax profit margins were 5.4% in fiscal 2017 compared to 2.3% in fiscal 1991, rising to 7.7% in the April-June quarter ✔ Return on equity also hit the 10% mark in fiscal 2017, gaining ground on the U.S. at 18% and Europe at 12% ✔ Try 3 months for $9 Offer ends September 30th


Asia dominates destinations for China's 7m National Day tourists

9/29/2018, 3:26:37 AM
Reflecting Beijing's relations, Japan tops list while US plunges in popularity ✔ Japan was hit by two big disasters this month: Typhoon Jebi temporarily shut down Kansai International Airport in Osaka, and a massive earthquake cut power across Hokkaido ✔ Chinese media reported on these events, and Japanese businesses that rely on Chinese holidaymakers grew concerned ✔ Try 3 months for $9 Offer ends September 30th


Trump enlists Chile in pressure campaign on Venezuela

9/28/2018, 9:55:42 PM
President Trump met Friday with President Sebastian Pinera of Chile, agreeing to cooperation on the humanitarian crisis in Venezuela. ✔ The two countries also issued a call for Venezuela’s leaders to immediately allow desperately needed international humanitarian aid into the country and to take responsible steps towards restoring democracy in Venezuela, said the statement ✔ Both leaders believe that a level playing field and non-discriminatory treatment is essential for successful investment


U.S. stocks dominated in the third quarter, one of the strongest in years

9/28/2018, 10:01:19 PM
While some overseas stock markets struggled in the third quarter, the U.S. saw broad-based gains. ✔ Of the 11 S&P 500 sectors, 10 of them ended in positive territory ✔ Sector Price move over the quarter Price move year-to-date Utilities 1.5% -0.03% Communications Services 8.4% -3.3% Materials -0.1% -4.2% Information Technology 8.5% 19.5% Industrials 9.5% 3.3% Health Care 14% 15.2% Financials 3.9% -1.2% Energy -0.1% 5.2% Consumer Staples 4.9% -5.5% Real Estate -0.02% -1% Consumer Discretionary 7.8% 19.5% Read: Not just tech: The stock-market rally is broader than it’s given credit for The sector performance comes with an asterisk, as the third quarter included the debut of the communications sector, an industry group that was compiled by shifting major companies into a new group ✔ We Want to Hear from You Join the conversation Comment


Nouriel Roubini: Is there a second recession coming?

9/28/2018, 8:13:51 PM
Doctor Doom is at it again warning that a new recession is percolating. ✔ That means the economy is roughly growing at an annual rate of 3 percent, Roubini estimated ✔ But without the fiscal stimulus, he warned that growth would likely fall below 1.8 percent by 2020 ✔ For the full interview, tune into Maria Bartiromo’s Wall Street on FOX Business Network which airs on Fridays at 8 pm ET


Merkel pledges ‘economic cooperation’ with Turkey after DENYING Erdogan financial aid

9/28/2018, 8:48:10 PM
GERMAN Chancellor Angela Merkel has made a pledge to Turkey for economic cooperation between Berlin and Ankara - on the same day she ruled out handing the troubled nation any financial aid. ✔ Mr Erdogan told Turkish media ahead of his three-day visit: The main goal of this visit is to completely leave behind this period of tensions ✔ The German economy has been one of the strongest in the world in recent years and grown significantly over the past nine years, however BDI (The Federation of German Industries) President Kempf believes action is needed now


Trump administration looks to speed 5G networks, ease hurdles

9/28/2018, 10:26:46 PM
The Trump administration said on Friday it is seeking to remove hurdles to faste... ✔ White House National Economic Council Director Larry Kudlow said on Friday the 5G race will be won principally through the free enterprise, free market economy ✔ CTIA, a wireless industry trade group representing Sprint Corp, AT&T Inc, Samsung Electronics Co Ltd and Intel Corp, said in a statement after the summit, We completely agree with the administration, the FCC .. ✔ Our Standards:The Thomson Reuters Trust Principles


Mahathir eyes Japan-style self-defense force

9/28/2018, 11:19:22 PM
Malaysian leader sees neutrality as only defense from big powers ✔ On the one hand, you say we all must be democratic, you cause regime change and lots of civil wars in order to achieve democracy ✔ But here [at the U.N.] all you have to do is to just give up your veto power, he said, alluding to democracy-spreading tendencies, particularly of the U.S. and allies ✔ Try 3 months for $9 Offer ends September 30th


U.S., Mexico delay trade text for more time to land U.S.-Canada deal

9/29/2018, 12:21:19 AM
The United States and Mexico abruptly canceled plans to publish the text of thei... ✔ As far as we are concerned we want a deal that is good for Canadians and that’s the bottom line, Transport Minister Marc Garneau told reporters in Ottawa ✔ FILE PHOTO: A commercial truck with a Canada, United States and Mexico flag on its side is seen crossing over the Ambassador Bridge into Windsor, Ontario from Detroit, Michigan U.S. August 29, 2018 ✔ Our Standards:The Thomson Reuters Trust Principles


Trump's 'America first' agenda meant America was mostly alone at the U.N. - Los Angeles Times

9/29/2018, 1:54:25 AM
World leaders once tried to persuade President Trump to back global institutions and agreements. His rocky performance at the U.N. General Assembly showed they are prepared to move on without him on climate change, migration and the Iran nuclear deal. ✔ He pressed world leaders on counter-proliferation in places like Iran, North Korea and Syria; rallied them to do more to counter the opioid crisis; and made his case for peace through strength in his address to the General Assembly, said Garrett Marquis, a spokesman for the National Security Council


Mexican president-elect insists on trilateral NAFTA as U.S.-Mexico...

9/28/2018, 9:59:50 PM
The United States and Mexico are due to release the text of their trade agreemen... ✔ I think it would be malpractice, both for economic and political reasons, not to have a major agreement with Canada, said Senator Ron Wyden, the top Democrat on the tax and trade Senate Finance Committee ✔ Our Standards:The Thomson Reuters Trust Principles


China challenges Trump, says it will not be 'blackmailed' on trade

9/29/2018, 3:12:36 AM
China issued a rebuke to the United States on Friday, decrying protectionism and unilateral trade moves that "bring damage to all" in a wide-ranging challenge to President Donald Trump as tensions between the two countries continue to rise. ✔ China's market distortions and the way they deal cannot be tolerated ✔ Defense Secretary James Mattis, asked about the recent tensions with Beijing at the Pentagon on Wednesday, said we're sorting out obviously a period with some tension there, trade tension and all, so we'll get to the bottom of it ✔ CNN's Taylor Romine and Elizabeth Joseph contributed reporting


'We'll know in 48 hours': Mexico sees new hope of trilateral NAFTA

9/29/2018, 1:58:35 AM
Mexico on Friday said the U.S. Trump administration and Canada were making serio... ✔ One source close to the talks said Mexican Foreign Minister Luis Videgaray, who has close contact with the White House, was also acting as an instrumental intermediary between Canada and the United States ✔ Our Standards:The Thomson Reuters Trust Principles


Globalization has reached a turning point - Opinion

9/28/2018, 11:33:57 PM
undefined ✔ Instead of taking responsibility for creating the bubble, the US has blamed China for the global economic imbalance ✔ So what should be the obligations of a responsible big power ✔ He contributed this article to China Watch, a think tank powered by China Daily


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