Skip to main content

Trade War - SERIES 196 {10 articles}

Trade war fatigue hits China's manufacturers

9/30/2018, 9:17:59 PM
Purchasing index shows slower growth as tariffs weaken export orders ✔ The official employment subindex slid 1.1 points to 48.3, the lowest reading outside the Lunar New Year since July 2016 ✔ Speaking to business representatives in Zhejiang Province on Friday, Premier Li Keqiang pledged to ease regulations further and cut taxes and fees ✔ Get unique insights on Asia, the most dynamic market in the world ✔ Try 3 months for $9 Offer ends September 30th


China manufacturing activity slows as trade war rages

9/30/2018, 9:56:56 PM
Chinese factory activity slowed in September, official data showed Sunday, as the Asian giant's trade war with the United States showed no sign of abating. The Purchasing Managers' Index (PMI), a key gauge of factory conditions, came in at 50.8 for the month, down from 51.3 in August, the National… ✔ Exports increasingly dragged down performance and continued softening demand began to have an impact on companies' production, said Caixin analyst Zhengsheng Zhong ✔ A brighter outlook could be found away from China's factories, however, with an official gauge of non-manufacturing activity showing the sector expanding to 54.9 in September from 54.2 in August


Asia markets set for mixed open amid a slowdown in China's manufacturing sector

9/30/2018, 11:59:44 PM
Data releases on Sunday showed that China's manufacturing sector slowed down in September, amid Beijing's ongoing trade war with the U.S. ✔ The data comes as the U.S.-China trade war continues to escalate, with new tariffs imposed between the two countries on Sept ✔ 24 and Washington threatening to slap tariffs on virtually all Chinese imports into the United States ✔ CNBC's Fred Imbert and Reuters contributed to this report


Mizuho Securities and Tata set up India investment fund

9/30/2018, 7:09:40 PM
Japanese brokerage aims to attract $350m for unlisted companies ✔ India offers many promising investment opportunities, according to Tata Capital CEO Rajiv Sabharwal, who cites the steady growth of companies owing to expanding domestic demand ✔ The country's low ratio of exports also means the repercussions of the U.S.-China trade war are limited for India, he says ✔ Try 3 months for $9 Offer ends September 30th


U.S. warship sails near disputed South China Sea islands

9/30/2018, 10:49:43 PM
WASHINGTON--A U.S. Navy destroyer sailed near islands claimed by China in the South China Sea on Sun ✔ The official, speaking on condition of anonymity, said the destroyer Decatur traveled within 12 nautical miles of Gaven and Johnson Reefs in the Spratly Islands ✔ China's foreign ministry did not respond immediately to a request for comment ✔ In May two U.S. Navy warships sailed near South China Sea islands claimed by China


8@eight: ASX set for dreary start to week

9/30/2018, 10:06:39 PM
What happened overnight and what's ahead for the ASX. ✔ As a great leading indicator of economic strength, particularly considering the escalating trade war, PMI numbers have softened in recent months, presumably because of tighter trade conditions ✔ Market watch:  SPI futures down 23 points or 0.4% to 6171 on Saturday morning AUD +0.2% to 72.29 US cents On Wall St: Dow +0.1% S&P 500 flat Nasdaq +0.1% In New York, BHP +0.6% Rio -0.6% Atlassian +0.3% In Europe: Stoxx 50 -1.5% FTSE -0.5% CAC -0.9% DAX -1.5% Spot gold +0.7% to $US1190.88 an ounce 5pm New York Friday Brent crude +1.2% to $US82.72 a barrel US oil +1.6% to $US73.25 a barrel Iron ore +0.8% to $US69.24 a tonne Dalian iron ore -1.1% to 495.50 yuan LME aluminium +1.6% to $US2062 a tonne LME copper +1.2% to $US6258 a tonne 2-year yield: US 2.82% Australia 2.03% 5-year yield: US 2.95% Australia 2.23% 10-year yield: US 3.06% Australia 2.66% Germany 0.47% Italy 3.14% Greece 4.12% US-Australia 10-year yield gap: 40 basis points This column was produced in commercial partnership between Fairfax Media and IG


Wall Street’s Biggest Business Braces for Lackluster Third-Quarter Results

9/30/2018, 4:26:44 PM
The volatility that has boosted banks’ stock-trading business is hampering their fixed-income, commodities and currencies desks. ✔ Rates and currencies make up more than 40% of banks’ total trading revenue ✔ In that case, banks may find themselves exposed, according to Moody’s Corp. A disorderly sale of Treasurys or a hiccup in global growth could impact banks’ revenues through market or credit losses and reduced client activity, the ratings firm said in a recent report


Opinion | Trump is rising to the China challenge in the worst way possible

9/30/2018, 11:57:14 PM
To compete on innovation, the U.S. should make the most of its attractiveness to immigrants. ✔ By Sebastian Mallaby Sebastian Mallaby Email Bio Follow September 30 at 7:33 PM In 1998, the year Google was founded, 2 million Chinese were connected to the Internet, compared with 83 million Americans ✔ PricewaterhouseCoopers estimates that, by 2030, China will add $7 trillion to its gross domestic product as a result of AI deployment, nearly double the bonanza expected in all of North America


ABC crisis: Independence doesn’t mean the right to be wrong or biased

9/30/2018, 8:01:25 PM
There can't be anyone, can there, who doesn't accept that the ABC should be free from political interference? ✔ But what they think isn’t or shouldn't be the issue ✔ Photo: David Porter Then the tables turned after the leaking of emails ✔ I complained recently and regard the response as risible rubbish ✔ Amanda Vanstone is a Fairfax columnist and a former Coalition minister


Monetary sobriety arrives in Asia

9/30/2018, 10:08:51 PM
Indonesia's central bank takes away the punch bowl ✔ Cumulatively, about $21 billion of this dollar debt will mature between now and the end of 2020 ✔ That is a band of which Espenilla's Bangko Sentral ng Pilipinas can only dream ✔ And, unfortunately, just as the Philippine government is distracted by other pursuits ✔ Try 3 months for $9 Offer ends September 30th


>>> Open This Series
Labels:

Comments

Post a Comment

Popular posts from this blog

Disasters - SERIES 91 {35 articles}

Japan earthquake latest: Where did Hokkaido earthquake hit? Have there been aftershocks? 9/6/2018, 7:36:38 AM JAPAN’S northern island of Hokkaido has been left reeling from a magnitude-6.6 earthquake which struck on Thursday morning and follows just days after the country was devastated by Typhoon Jebi. Where did the Hokkaido earthquake hit? ✔ The tremors have measured from magnitude 4.3 to 5.4 near the epicentre of Thursday morning’s major quake ✔ A magnitude 9.0 earthquake, the most powerful ever recorded in Japan, struck on March 11, 2001, off its northeastern coast, triggering a tsunami that devastated communities along the Pacific coast and killed nearly 20,000 people Rescuers rush to north Japan amid damage after quake kills 7 9/6/2018, 7:33:35 AM ASAHIKAWA, Japan (AP) — Rescuers were rushing to unearth survivors and restore power Thursday after a powerful earthquake jolted Japan's northernmost main island of Hokkaido, buck ✔ ASAHIKAWA, Japan (AP) ...
Post a Comment
Read more

Trade War - SERIES 257 {18 articles}

The Midwest economy is about to get pummeled again 10/17/2018, 9:44:57 AM Manufacturing jobs growth has already stalled, and the trade war will make it worse. ✔ The Rust Belt is full of households and communities who ignored decades-old trends ✔ The main players, Donald Trump, Bernie Sanders and Hillary Clinton, spoke easily about the evils of trade, wholly misrepresenting facts ✔ And, in an underappreciated farewell speech, President Obama made it quite plain ✔ We Want to Hear from You Join the conversation Comment Apple Suppliers ‘Cautious’ About Orders For iPhone XR, Flagship Models 10/17/2018, 9:04:06 AM Apple’s Taiwan-based suppliers remain cautious about orders for the new iPhones because of the ongoing trade war between the U.S. and China. ✔ Industry sources disclosed to Digitimes Tuesday that Apple’s iPhone suppliers in Taiwan have opted to remain cautious about unit orders from the Cupertino giant even though the iPhone XR is scheduled to launch in the second ...
Post a Comment
Read more

Fashion - SERIES 336 {14 articles}

Robyn Lawley: 'I don't care if I ever model for Victoria's Secret' 10/22/2018, 6:34:58 AM Robyn Lawley is spearheading a campaign for more size diversity on the runway at the Victoria's Secret Fashion Show. ✔ 'I hope that the higher ups [management at Victoria's Secret] see [the petition] because they have normal bodies too, but they are staring at this one type of body type ✔ Mum's the word: Robyn explained that she was inspired to speak out because her daughter Ripley, three, has inherited her body shape Meghan Markle sports $163 polka dot dress by & Other Stories 10/22/2018, 5:25:29 AM With the cost of Meghan Markle's tour outfit having sky-rocketed, thrifty fashion fans were keen to see the Duchess of Sussex's & Other Stories $163 outfit for Fraser Island. ✔ Meghan finished off the polished but relaxed look with sunglasses by New Zealand designer Karen Walker (pictured) This isn't the first time Meghan Markle h...
Post a Comment
Read more

Trade War - SERIES 132 {10 articles}

The worst case scenario of a US-China trade war could be a new bear market: Data 9/16/2018, 7:16:18 PM Running a series of different scenarios in the U.S.-China conflict, experts at FactSet have come up with a worst-case scenario, one in which the U.S., along with a few others, would see a bear market emerge. ✔ Trade war stress test for stocks Click to edit Optimistic Base case Conservative All countries -8.34 -12.11 -16.97 5 Best Japan 4.44 6.61 7.46 Switzerland -2.46 -2.27 -5.23 Denmark -3.21 -2.73 -6.27 Portugal -3.49 -3 -6.12 Netherlands -3.68 -3.29 -7.04 5 Worst Hong Kong -9.28 -15.7 -21.93 UK -9.57 -12.84 -19.45 U.S. -10.83 -16.45 -21.88 Canada -10.97 -15.25 -21.94 Israel -13.44 -19.05 -27.01 Source: FactSet In the event of the trade war continuing, investors fleeing from stocks would be looking for safe havens like bonds Crunch time: could Trump and China test in...
Post a Comment
Read more

Trade War - SERIES 307 {19 articles}

Prominent Chinese economists blame ‘China model’ for trade war 10/30/2018, 4:47:12 AM undefined ✔ But he was removed from those posts beginning in 2010 after critics on the faculty questioned his political loyalty and accused him of padding his resumé  an accusation he vigorously denied ✔ What is interesting is that these views are coming out at this moment although since the comments of both authors are regularly scrubbed from the Chinese internet, it is hard to know how much impact they have USMCA A Victory For Trump, Reduces Global Trade War Risk: Analysts 10/30/2018, 6:45:52 AM Analysts who spoke to International Business Times thought the deal gave the best possible outcome for Canada but offered little to the United States. ✔ The president and the administration are looking for a forward momentum on trade, so they can set sights on other issues with some of the more friendly trading partners, said Yung-Yu Ma, chief investment strategist at BMO Wealth Management ✔ The...
Post a Comment
Read more