How the US trade war might impact your beer - CNN Video
9/1/2018, 11:01:07 AMThe Trump administration believes its tariffs on foreign imports will do good for the US. But what will they do for the price of beer? ✔ MUST WATCH How the US trade war might impact your beer The Trump administration believes its tariffs on foreign imports will do good for the US
Trump Trade War Toll: Ford Focus Crossover Killed For U.S. Consumers
9/1/2018, 10:23:13 AMThis is the first of potentially many vehicles that will be cut from the American market due to president's tariffs, warns industry expert. ✔ This is the first of potentially many vehicles that will disappear from the U.S. market, she told The Detroit Free Press ✔ The shares dropped another 2.3 percent Friday to $9.48 ✔ The company outsourced some of its manufacturing because profit margins in the U.S. were falling
Why the US trade deficit is 'made in America' and won't be cured by Trump's strong-arming on trade
9/1/2018, 6:34:00 PMEconomists and investors have been sweating over the consequences for the world economy if the U.S. can't reach a consensus with major economies like Europe, Canada and particularly China. ✔ Johannes Eisele | AFP | Getty Images A US cargo ship seen at the Yangshan Deep-Water Port, an automated cargo wharf, in Shanghai on Apr. 9, 2018 ✔ A 'made in America' problem Saul Loeb | AFP | Getty Images US President Donald Trump speaks during a campaign rally at the Florida State Fairgrounds Expo Hall in Tampa, Florida, on July 31, 2018
Australian dollar tumbles as US, Canada fail to reach trade deal
9/1/2018, 10:07:10 AMThe Australian dollar tumbled more than 1 per cent, falling to its lowest level in 20 months, as the US and Canada ended their trade talks without a deal. ✔ Business Markets Currencies Australian dollar tumbles as US, Canada fail to reach trade deal By Timothy MooreUpdated1 September 2018 5:21pmfirst published at 5:51am Normal text sizeLarger text sizeVery large text size The Australian dollar tumbled more than 1 per cent, falling to its lowest level in 20 months, as the US and Canada ended their trade talks without a deal ✔ Photo: AAP At 4.15pm in New York on Friday (6.15am AEST Saturday), the Aussie was 1 per cent lower at US71.90¢, paring losses that took it as low as US71.76¢
China’s blockbuster IPOs to put sentiment to the test
9/2/2018, 11:16:54 AMundefined ✔ Shares are being buffeted by macro concerns such as the US China trade war and the slowing domestic economy, as well as rising regulatory risk ✔ Bankers said the upcoming pricing will act as a temperature check ✔ Next month is the turn of Tencent Music, in a US listing expected to value the unit which owns a reciprocal stake in Spotify at about $30bn
Emerging market funds suffer losses
9/2/2018, 9:32:47 AMundefined ✔ FnGuide said the six Vietnam funds managed to attract 269.5 billion won over the past six months despite the disappointing earnings ✔ Market analysts say the ongoing currency crises in Turkey and Argentina could influence other emerging economies but are unlikely to develop into a global crisis ✔ I think almost every possible negative factor has already come to the surface, he said
US risks ENFLAMING TENSIONS with Beijing after BRAZEN South China Sea military drills
9/2/2018, 2:55:31 AMJAPAN and the US have held military drills in the contested South China Sea, in a brazen move that is likely to infuriate Beijing. ✔ China has previously warned the US about holding military drills in the disputed sea (Image: Japan Maritime Self-Defence Force) China and Japan have feuded in recent months as they accuse each other’s air force of flying too close to rivals and locking onto potential targets, sparking fears of an accidental collision
AI makes Chinese police officers redundant at Beidaihe retreat
9/2/2018, 10:44:53 AMFacial recognition and other tech kept an eye on reporters and beachgoers alike ✔ The real answer is that artificial intelligence and other technologies had been deployed ✔ Park security was tighter than it was last year, when guards only checked bags by hand ✔ Beijing has beefed up its AI-based monitoring, but party decision-making remains as opaque as ever
Trump's ASEAN summit snub fuels doubts about US commitment
9/2/2018, 4:14:23 AMHe's not the first US President to skip the annual meeting but it's seen as a strategic error as China works to build its presence in the region. ✔ In 2007, then US President George W Bush drew flak for rescheduling a planned meeting with Asean leaders in Singapore ✔ Chinese President Xi Jinping will attend the ASEAN summit in Singapore in November ✔ Our new podcast series from the team behind Phoebe's Fall View episodes
September is always a tough month for stocks but this year there are even more hazards
9/1/2018, 6:34:01 PMStocks enter the typically rocky month of September at historic highs, and this year the odds are even greater than normal that something big could jolt markets. ✔ If I'm going to rank the risks this fall, trade wars are one ✔ WATCH: What to expect from market leading up to Fed rate hike Here's what to expect from the market in the period leading up to a Fed rate hike 1:22 PM ET Wed, 22 Aug 2018 | 00:49
Trump's WTO threats matter – especially to a post-Brexit Britain
9/2/2018, 11:15:49 AMThe World Trade Organisation is already hurtling towards a crisis, with the US having blocked new appeal judges ✔ The World Trade Organisation is hurtling towards crisis ✔ The real gripe of Washington is that over the years the appellate body has increasingly been making trade laws rather than enforcing the ones that already exist, thus encroaching on national sovereignty
U.S. ports fear tariffs could reduce ship traffic and jobs
9/1/2018, 9:32:53 PMPorts and ground terminals in nearly every state handle goods that are now or will likely soon be covered by import tariffs. Port executives worry that this could mean a slowdown in shipping that would have ripple effects on truckers and others whose jobs depend on trade. The Associated Press… ✔ Jock O'Connell, an economist in California who studies trade, said he doubts a downturn would be so severe that would match the slump that accompanied the global recession of 2008 but we will see a definite impact ✔ This material may not be published, broadcast, rewritten or redistributed.
For Tencent, Game Over?
9/1/2018, 2:28:38 PMHow Beijing is Rewriting the Rules for the World's Online Gaming Champion ✔ Shares in Ascletis, which went public on Wednesday, rose over 6% in intraday trading, but ultimately closed at their opening value of HK$14 per share ✔ GB Times This edition of CEO Daily was edited by Eamon Barrett ✔ Find previous editions here, and sign up for other Fortune newsletters here
Kim struggles to revive North Korean economy battered by sanctions
9/2/2018, 5:03:13 AMLife in the cities better than on hardscrabble farms, but country still reeling ✔ A shopping center that opened recently in North Korea's Ryanggang Province, near the Chinese border, markets North Korean goods to Chinese tourists ✔ How the North Korean leader approaches the stalled denuclearization talks will offer a clue as to how serious he is about shoring up the economy, as well as how urgent a task he considers it to be
Greater Bay Area: Xi Jinping’s other grand plan
9/2/2018, 6:02:06 AMundefined ✔ Economists at HSBC say that the Greater Bay Area is a compelling example of how the clustering of talent, capital and industries will drive higher value-added production and fuel consumption to secure long-term sustainable growth ✔ He worries that by trying to force Communist central planning on Hong Kong, Beijing will destroy the free-market approach that allowed it to thrive
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