Iata airline body’s chief warns on global trade war
9/30/2018, 12:28:00 PMundefined ✔ Business class typically accounts for 20-25 per cent of the revenues of long-haul airlines, he said, adding that it’s an important part of their profitability ✔ We’re not very optimistic for the problem to be solved in 2019 because it requires some medium-term measures such as training more air traffic controllers ✔ That was 94 days’ worth of delays every day more than double the year before
Korean food makers hit by China's slowdown
9/30/2018, 3:13:42 PMundefined ✔ The stock price of Nongshim Holdings, the holding firm of Nongshim, also dropped by 18 percent to 82,000 won from 99,900 won during the same period ✔ Companies should discover alternative markets and make efforts to improve their marketing strategies, while preemptively coping with risks in Korea and in other countries, a KITA researcher said
U.S. ambassador accuses China of 'bullying' with 'propaganda ads'
9/30/2018, 12:58:17 PMA week after an official Chinese newspaper ran a four-page ad in a U.S. daily to... ✔ Terry Branstad, the U.S. ambassador to China and the former longtime governor of Iowa, a major exporter of agricultural goods to China, said Beijing had hurt American workers, farmers and businesses ✔ He added that one of China’s most prominent newspapers dodged the offer to publish his article, although he did not say which newspaper ✔ Our Standards:The Thomson Reuters Trust Principles
Fears of financial damage from China, Turkey and impeachment mean it's time to buy stocks
9/30/2018, 11:07:57 AMWhen the term 'contagion' appears frequently in the media, it's always a 'buy' sign for stocks. I'll lay it out for you. ✔ When they struggle it scares us for fear China’s mass may hobble the global economy ✔ Ken Fisher is the founder and executive chairman of Fisher Investments, author of 11 books, four of which were New York Times bestsellers, and is No. 200 on the Forbes 400 list of richest Americans
U.S. warship sails near disputed South China Sea islands: U.S....
9/30/2018, 11:55:59 AMA U.S. Navy destroyer sailed near islands claimed by China in the South China Se... ✔ China’s foreign ministry did not respond immediately to a request for comment ✔ The United States has criticized China’s construction of islands and military facilities in the area and is concerned they could be used to restrict free nautical movement ✔ Our Standards:The Thomson Reuters Trust Principles
China September factory growth grinds to a halt as export orders...
9/30/2018, 2:05:25 AMGrowth in China's manufacturing sector stalled in September after 15 months... ✔ The neutral 50-mark divides expansion from contraction on a monthly basis ✔ The sub-index for overall new orders - domestic and foreign - fell to 50.1, the lowest since June 2016 ✔ (Reporting by Stella Qiu and Ryan Woo; Editing by Kim Coghill) Our Standards:The Thomson Reuters Trust Principles
Kim's REAL power revealed: How China will NOT let North Korea collapse claims expert
9/30/2018, 12:05:45 PMNORTH Korea's regime is showing no signs of collapsing — and the reason is China, a top professor has claimed. ✔ Professor Mitter also explained China's ongoing strategy to defeat the US in the ongoing trade war between Donald Trump and President Xi ✔ While Daily Star Online recently reported how China has been developing hypersonic aircraft capable of firing nuclear missiles
Dollar Loses Its Mojo
9/30/2018, 11:21:38 AMA confluence of factors have sent the greenback into reverse after a strong first-half rally. ✔ While tighter monetary policy in the U.S. typically makes the dollar more attractive to yield-seeking investors, some believe the market already has factored the next few rate increases into the currency’s price ✔ Oil prices are up 17% from their mid-August lows, while copper prices have risen 9%
Specter of capital flight looms large
9/30/2018, 3:17:53 PMundefined ✔ Concerns could grow should the market see signs of foreign funds that were expected to stay here over the medium to long term leave the market, said Sung Tae-yoon, an economist at Yonsei University ✔ The Fed's increase to the 2 percent to 2.25 percent range was the eighth time it has raised its rate since late 2015
Soybean trade turns topsy-turvy amid US-China tariff war
9/30/2018, 12:18:50 PMBrazilian prices soar as American exports to China fall 90% ✔ The year's exports to China dropped 23%, to 27.7 million tons ✔ Recent benchmark prices in Chicago declined to a little over $8 per bushel, due to the export pressures coupled with forecasts of a bumper crop in the U.S. To protect U.S. farmers' incomes, the government is trying to push shipments from northwestern ports -- a large portion of which used to go to China -- toward Japan, South Korea and Taiwan ✔ The meat holds significant weight in the country's consumer price index ✔ Get unique insights on Asia, the most dynamic market in the world ✔ Try 3 months for $9 Offer ends September 30th
Nippon Steel raises stakes in bidding war for India's Essar
9/30/2018, 9:59:21 AMAnalysts worry bid for India's No. 4 steelmaker may leave it overstretched ✔ Indian media reports said that ArcelorMittal raised its bid for Essar to about 420 billion rupees and the European steelmaker hinted that the reports were correct ✔ Nippon Steel has not disclosed details, such as the proposed acquisition price ✔ Try 3 months for $9 Offer ends September 30th
China factory sector hurt in September as trade frictions bite
9/30/2018, 10:33:00 AMGrowth in China's manufacturing sector sputtered in September as both external and domestic demand weakened. ✔ The Trump administration has pointed to growing signs of economic weakness in China and its slumping stock markets as proof that the United States is winning the trade war, but Beijing has remained defiant, vowing to stimulate domestic demand to cushion the blow from any trade shocks
Trump's right China uses its media to influence foreign opinion, but so does Washington
9/30/2018, 12:55:16 AMUS President Donald Trump went off topic in characteristic style at the United Nations Security Council this week, accusing China of using state media to meddle in the upcoming midterm elections. ✔ As I document in my book The Great Firewall of China: How to Build and Control an Alternative Version of the Internet, this propaganda push has coincided with an increase in internet controls and censorship on the continent, often actively assisted by Beijing
The global struggle to halt Donald Trump’s trade offensive
9/30/2018, 12:15:02 PMundefined ✔ Donald Trump’s campaign to remake the world’s trading system is gathering speed ✔ If Brussels continues to refuse to discuss agriculture, for example, the US farm lobby will press Congress hard to refuse any deal ✔ Equally, if Mr Trump’s patience runs out with the Nafta countries and the EU, he may well go back to imposing punitive tariffs
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