Skip to main content

Trade War - SERIES 85 {15 articles}

US-China trade war prompts rethink on supply chains

9/3/2018, 12:11:05 PM
undefined ✔ Steve Madden is shifting handbag production to Cambodia, Techtronic Industries is moving vacuums to Vietnam and Flex is looking to make speakers at new production centres from Mexico to Malaysia ✔ Sheng Lu, an assistant professor of fashion studies at the University of Delaware, said there were few spare workers or production facilities left



Asian stocks slide amid persistent Sino-American trade war woes

9/3/2018, 12:07:36 PM
Indian automakers mixed after August sales data while AirAsia retreats after earnings ✔ So far, Beijing has retaliated in equal measure to Washington's moves ✔ The benefits include dividends and other payments received from infrastructure assets ✔ --Amy Lam & Suzannah Benjamin Get unique insights on Asia, the most dynamic market in the world ✔ Try 3 months for $9 Offer ends September 30th



US TRADE WAR: Japan to SUSPEND Iran oil imports amid threat of Trump sanctions

9/3/2018, 1:46:37 PM
JAPANESE oil firms appear set to suspend imports from Iran amid fears Washington will target countries buying Iranian crude with trade sanctions. ✔ But although Iranian oil makes up a relatively small part of the total, industry experts say consumers in Japan may have to pay more for petrol and other petroleum-related products ✔ In August, Japan's Trade Minister Hiroshige Seko said that Tokyo would hold further negotiations with the United States to be granted exemptions from recently reimposed sanctions against Tehran and its trade partners



China offers another £45bn in funding to Africa as Xi strengthen ties amid US trade war

9/3/2018, 1:40:49 PM
CHINESE President Xi Jinping offered another £45 billion ($60 billion) in financing for Africa and said Chinese companies will be encouraged to invest no less than £7.7 billion ($10 billion) over the next three years, but he also warned against "vanity projects". Speaking at the opening of a major summit with African leaders, Mr Xi promised development that people on the continent could see and touch, but that would also be green and sustainable. ✔ (Image: GETTY) China-Africa cooperation must give Chinese and African people tangible benefits and successes that can be seen, that can be felt President Xi Jinping Beijing has also fended off criticism it is only interested in resource extraction to feed its own booming economy, that the projects it funds have poor environmental safeguards, and that too many of the workers for them are flown in from China rather than using African labour



Trump's trade war with China is still raging — here are the states that could end up getting whacked

9/3/2018, 2:37:11 PM
President Donald Trump is threatening to escalate his trade war with China by imposing tariffs on another $200 billion worth of Chinese goods. Here's how much each US states' economy relies on trade with China. ✔ Beijing has threatened to impose tariffs on $60 billion worth of US goods in response, and the moves could be a step to Trump's ultimate threat: tariffs on all goods coming in from China ✔ And in high-risk states like California and Washington, many House Republican incumbents are facing hard challenges from Democrats



Oil prices latest: China slows down as oil SOARS - Middle East destabilised in US vs China

9/3/2018, 5:00:00 PM
OFFICIALS fear slowing Chinese demand for oil will destabilise the Middle East as the trade war between Beijing and Washington continues. ✔ The price of oil is set to rise as Iran’s ability to contribute to the world’s supply is restricted by US sanctions ✔ Oman’s Oil Minister, Mohammed bin Hamad Al Rumhy, told CNBC: The Middle East unfortunately is not in a stable position right now, and we are concerned that we are seen as a high risk region, and that effects our business ✔ So we are looking at both sides of this discussion



Tariff fight adds to China's economic challenges

9/3/2018, 1:28:16 PM
BEIJING (AP) — China faces bigger economic challenges than its trade war with the U.S. Even before tit-for-tat tariffs, growth in the world's No. 2 economy was alrea ✔ But it is a tricky balance to strike and communist leaders worry the economy is weakening too much ✔ A lot of this economic slowdown is really the result of an intended policy, said Tai Hui of J.P ✔ Beijing responded by easing lending and boosting government spending.(AP Photo/Ng Han Guan, File)



EU Says It Is Open to More U.S. Beef Imports

9/3/2018, 5:33:18 PM
The European Union said it was willing to start talks with Washington on increasing U.S. beef imports, a move aimed at cementing a trade truce agreed upon in July. ✔ While Europe is importing most of its soy, beef is a more protected product as several countries, notably France, Germany, Spain and Ireland, are significant beef producers ✔ Meanwhile, a new round of talks between U.S. and EU trade officials is scheduled for Wednesday in Washington



Hard-pressed Chinese consumers are key to keeping the world's second-largest economy on track

9/3/2018, 7:12:09 PM
For the growth driver that will keep the world’s second largest economy on track this year, look beyond Beijing or Shanghai to some of China's smaller cities, where consumers are still upgrading their lifestyles. ✔ But if you look at spending on overseas tourism, which is a good indicator of how wealthy people feel about themselves and how optimistic they are, the number is quite sound ✔ Wang Tao, head of China economic research at UBS AG in Hong Kong, says that although consumption is likely to slow further into 2019, the underlying trend should continue



World stocks slip for third day as trade, emerging market worries bite

9/3/2018, 12:37:41 PM
Global stock markets fell for a third straight day on Monday, hurt by worries over the escalation of trade disputes between world powers and a deepening sell-off across emerging market currencies. ✔ The Brazilian real weakened more than 1 percent against the U.S. dollar BRL=, while the Iranian rial was reported to have hit a record low against the U.S. currency ✔ Brent crude oil LCOc1 was up 63 cents at $78.27 a barrel ✔ Our Standards:The Thomson Reuters Trust Principles



Trade and emerging market worries keep dollar near one-week high

9/3/2018, 5:13:01 PM
The dollar consolidated near a one-week high against a basket of currencies on Monday as tensions around global trade and a continued selloff in emerging markets fueled demand for the greenback. ✔ Investors are also jittery about emerging markets, many of which are seeing an exodus of capital ✔ Countries such as Argentina and Turkey are already in crisis, with the Argentine peso falling more than 4 percent on the day against the dollar and the Turkish lira losing 2 percent ARS= TRY= ✔ Major FRX YTD performance - reut.rs/2ozDwIU Our Standards:The Thomson Reuters Trust Principles



EU seeks to end long-running row over curbs on US beef

9/3/2018, 5:05:07 PM
undefined ✔ But the US has frequently complained it has gained few benefits from the deal, with the quota increasingly used by farmers from other countries, notably Uruguay, Argentina, and Australia ✔ The step also comes ahead of difficult negotiations within the WTO on how the UK and EU should divide up the agricultural import quotas they offer other countries after Brexit



Argentina raises taxes in attempt to stem peso crisis

9/3/2018, 3:44:46 PM
undefined ✔ But on Monday Argentina’s president said the crisis was forcing him to implement measures he would prefer to avoid ✔ However, fund managers say that, after a series of mis-steps and a worsening crisis that has burnt many investors who kept faith with the government, markets will need to see tangible evidence and hard commitments before they dip back into the country



Ford may not be the last to terminate a U.S. auto model over Trump's tariffs

9/3/2018, 5:43:44 PM
Ford Motor Co. is unlikely to be the last to say forget it to a vehicle that doesn’t make financial sense for the U.S. market anymore thanks to President Trump’s trade wars. ✔ That would mean that a lot of models would be withdrawn from the U.S. market ✔ Kumar Galhotra, Ford’s president of North American operations, declined to say whether the move was a reflection of doubt that cooler heads will prevail in the U.S.-China trade war



In Battle for Congress, Rising Economy Doesn’t Lift All Districts

9/3/2018, 5:19:52 PM
In the midterm elections, dozens of at-risk Republican seats are in places vulnerable to new tariffs, cap on deductions for state and local taxes, or weakening jobs picture. The local picture complicates an already tough job for the Republican Party, which is contending with President Trump’s low approval ratings. ✔ A lot of people find some of Mr. Trump’s messaging distasteful, he says, but there are others that I talk to who discount that and feel that the economy is improving, so I’m inclined to believe that the economy is going to be a big boost to Republicans



>>> Open This Series

Comments

Popular posts from this blog

Travel - SERIES 90 {15 articles}

US flights: Tropical Storm Gordon to affect Louisiana and Florida travellers - full list 9/4/2018, 7:04:13 PM TROPICAL STORM Gordon is to make landfall tonight, in which it could become a hurricane if it's speed picks up. A number of US airlines are waiving the charges to change flights for passengers affected by the storm in Louisiana and Florida. ✔ Tropical Storm Gordon: Full list of airlines with free changes in the US (Image: Getty/NHC) Frontier Airlines Travellers from airports in Jackson in Mississippi, New Orleans or Pensacola in Florida can change their ticket if travelling between 4 September and 6 September You can now order cannabis-infused grub from hotel room service in America 9/4/2018, 5:01:50 PM HOTEL rooms in the US are now offering an unusual item on the room service menu – cannabis oil. The drug has become legal in nine US states for recreational use, including California, Nevada and Co… ✔ WIN A FREE HOLIDAY Fancy a free holiday to Disneyland or Du...

Travel - SERIES 141 {26 articles}

Meghan Markle and Prince Harry: Will the royals need visas to travel to Australia? 9/15/2018, 8:13:11 AM MEGHAN MARKLE, 37, and Prince Harry, 33 are set to visit Australia and New Zealand next month on a 16-day visit. But will their royal status exclude the Duke and Duchess of Sussex from needing a visa? ✔ It is granted when you enter Australia if you are a member of the Royal Family (that is, the Queen’s immediate family) or their personal staff or media representative or a person accompanying them as a member of their official party ✔ Full details about their tour are still yet to be announced Couple travel the world on a boat with their lives funded by FANS 9/15/2018, 8:31:36 AM Canadian Dan Deckert, 30, and partner Kika Mevs, 28, from Haiti, ditched their lucrative careers as architects to live out their dreams on the world's oceans, amassing an army of followers on YouTube. ✔ When we chose to first sail around the Caribbean, we left the docks with an anchor, sails ...

Fashion - SERIES 343 {27 articles}

Gilberto Benetton, co-founder of fashion giant Benetton, dies age 77 10/23/2018, 10:22:00 AM Gilberto Benetton, co-founder of Italian fashion label Benetton Group, died Monday at the age of 77. ✔ Best known for its fashion brands United Colors of Benetton and Sisleys, the Benetton Group became one of the biggest retail giants in the world, achieving high street domination with a network of 5,000 stores in 120 countries ✔ Edizone has investments in transport, through its main asset Atlantia; catering, through highway and airport restaurant chain Autogrill; and, most recently, telecommunications, with investment in Cellnex Fashion Nova launches bizarre 'Show ‘Em Off Leggings’ – they expose EVERYTHING 10/23/2018, 9:46:53 AM FASHION Nova are known for their out-there looks and their latest garment will definitely turn heads. ✔ Their latest release is a pair of Show ‘Em Off Leggings – and they leave nothing to the imagination ✔ But this isn’t the first Fashion Nova item that...

Disasters - SERIES 463 {24 articles}

Troops search for 130 missing in California wildfire, death toll... 11/15/2018, 9:46:20 AM U.S. National Guard troops scoured the ruins of the town of Paradise on Thursday... ✔ This is one of the worst disasters I’ve seen in my career, hands down, Brock Long, head of the Federal Emergency Management Agency, told reporters in Chico ✔ The Los Angeles County Sheriff’s Department said the body of a possible third victim was found ✔ (For graphic on deadly California fires, click tmsnrt.rs/2Plpuui) Our Standards:The Thomson Reuters Trust Principles Vanity projects and kamikaze loggias: Tbilisi’s architectural disaster 11/15/2018, 11:54:27 AM The centre of the Georgian capital has long been the plaything of outsize egos – but can its architecture biennial inspire useful debate about the city’s future? ✔ Everyone has a right to air, not just the right to breath clean air, but to look out of their window and not be confronted by the concrete wall of a new illegal building ✔ Follow...

Travel - SERIES 66 {14 articles}

Tourism plays important role in promoting mutual understanding between China, India - Travel 8/30/2018, 1:42:13 AM undefined ✔ According to him, Hangzhou was adjudged as one of the top 15 global tourist destinations last year, and it's the home of the world's largest e-commerce giant Alibaba ✔ He added that the India-China relationship was special in many ways as our historical and civilizational links naturally bond us together TV host and fashion icon who introduced China to the world 8/30/2018, 12:02:15 AM Today, Chinese people travel and study abroad, watch blockbusters at cinemas, order international fashion brands online, and do business with people from other countries. ✔ Yue-Sai Kan demonstrates makeup for customers in a shopping center in Shanghai in 1996 ✔ The show lasted a year, running for 48 episodes on China Central Television, the State broadcaster, and covering 14 countries ✔ So many people would say to me, 'I never knew the outside world was lik...