Japanese business sentiment logs longest fall since 2009
10/1/2018, 2:06:29 AMTanakn survey shows trade war and natural disasters weigh on companies ✔ The survey showed that big manufacturers expect profits to fall 4.6% for the year ending March 2019, on an assumption that the yen will average 107.40 to the dollar this business year ✔ Get unique insights on Asia, the most dynamic market in the world ✔ Try 3 months for $9 Offer ends September 30th
Millionaire Sen. Chuck Grassley Applying For Trump's Farm Bailout Funds
10/1/2018, 3:44:33 AMHe's dipping into Trump administration's $12 billion program to subsidize farmers hurt by Trump's trade war. ✔ Twelve members who would likely be eligible said they will not apply for the funds ✔ The money is provided through the Commodity Credit Corporation that was launched to help farmers during the Great Depression and to weather natural disasters ✔ It allows the USDA to borrow up to $30 billion from the U.S. Treasury ✔ Tester has collected $217,000 in farm subsidies during that time, according to the organization
Natural disasters, trade woes sap Japan Inc's business confidence:...
10/1/2018, 3:19:24 AMRising raw material costs and a string of natural disasters that disrupted produ... ✔ Investors took the deterioration in the tankan business mood in their stride, pushing Japan's Nikkei share average .N225 to a 27-year high on Monday, as an extended weakening in yen helped improve export earnings prospects for Japanese corporations ✔ Our Standards:The Thomson Reuters Trust Principles
Japan's business mood sours, trade woes cloud outlook: tankan
10/1/2018, 1:18:51 AMBusiness confidence among Japan's big manufacturers worsened in the Septemb... ✔ REUTERS/Issei Kato/File Photo The survey showed little indication underlying sentiment had been hit by escalating global trade frictions, but the specter of a fully-fledged trade war weighed on companies’ business outlook ✔ It compared with a median market forecast for plus 22 ✔ The index for non-manufacturers fell to plus 22 from plus 24 in the June survey, worsening for the first time in eight quarters ✔ Our Standards:The Thomson Reuters Trust Principles
Vietnam manufacturing growth slips to 10-month low
10/1/2018, 1:33:07 AMundefined ✔ The latest Nikkei-Markit Vietnam manufacturing purchasing managers’ index fell to 51.5 last month, from 53.7 in September, although still above of the 50-point mark separating expansion from contraction ✔ However, business confidence rebounded from the record low recorded in August amid rising fears over the fallout from the US-China trade war
Taiwan manufacturing output slips for first time in 2 years
10/1/2018, 1:09:43 AMundefined ✔ The latest Nikkei-Markit Taiwan manufacturing purchasing managers’ index came in at 50.8 in September, down from 53 a month earlier and edging closer to the 50 point mark that separates expansion from contraction ✔ Factory output fell amid reports of relatively subdued demand across key markets with new orders from abroad decreasing at the quickest clip since February 2016, according to IHS Markit, which compiles the survey
Taiwan’s manufacturing PMI falls to two-year low
10/1/2018, 12:52:13 AMAsia-focused English-language publication that brings you insights about business, finance, economic and political news, comments and analysis for Asia, by Asia on asia.nikkei.com ✔ Output fell slightly below the neutral 50.0 level, signaling a fall in Taiwanese manufacturing production ✔ Business outlook remained mired by concerns over the impact of the US-China trade war and a potential slowdown in the domestic economy ✔ Get unique insights on Asia, the most dynamic market in the world ✔ Try 3 months for $9 Offer ends September 30th
Tell us what you think: Which region will outperform in the fourth quarter of 2018?
10/1/2018, 3:47:43 AMConcerns around global trade, a higher interest rate environment and political turmoil rattled markets across the globe in the third quarter of 2018. ✔ The S&P 500 posted its best quarterly gains since 2013 last Friday ✔ Washington has also threatened to impose additional duties on all Chinese imports going into the United States ✔ Meanwhile, European markets continued to be rocked by political turmoil stemming from Italy ✔ Economists polled by Reuters had expected a reading of 50.5 on average
Factories edge back into growth in China's export-reliant Guangdong
10/1/2018, 1:18:53 AMFactory activity edged back into growth in China's export-reliant southern ... ✔ REUTERS/Stringer/File Photo The index rose 0.9 percentage points to 50.2, just above the 50-point mark which divides expansion from contraction ✔ It attributed the rise to tenacious adjustments by the manufacturing sector ✔ Our Standards:The Thomson Reuters Trust Principles
China cancels security talks with United States
10/1/2018, 2:18:32 AMChina has canceled a security meeting with U.S. Secretary of Defense Jim Mattis ... ✔ The cancellation was first reported by the New York Times ✔ China and the United States are also locked in a spiraling trade war that has seen them level increasingly severe rounds of tariffs on each other’s imports ✔ Officials at the White House and Department of Defense did not immediately respond to a request for comment ✔ Our Standards:The Thomson Reuters Trust Principles
Japan final September PMI shows factory growth steady, but export...
10/1/2018, 12:45:40 AMJapanese manufacturing activity expanded at a steady pace in September, a revise... ✔ FILE PHOTO: Humanoid robots work side by side with employees in the assembly line at a factory of Glory Ltd., a manufacturer of automatic change dispensers, in Kazo, north of Tokyo, Japan, July 1, 2015 ✔ The sub-index measuring expectations for future output was revised up to 56.8 from a preliminary 55.9 but still showed sentiment was at its lowest since November 2016 ✔ Our Standards:The Thomson Reuters Trust Principles
Young Taiwanese uproot to Southeast Asia for pay and prospects
10/1/2018, 3:46:50 AMUnemployment at home and rising mainland labor costs prompt shift away from China ✔ Outbound investment from Taiwan to Southeast Asia and India rose 54% from a year earlier to $3.68 billion in 2017, according to Taiwan's Trade Negotiation Office ✔ For China, the figure fell 4.8% on the year -- a second straight annual drop -- to $8.74 billion ✔ Try 3 months for $9 Offer ends September 30th
Nippon Steel raises stakes in bidding war for India's Essar
10/1/2018, 2:40:58 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
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