Skip to main content

Trade War - SERIES 96 {13 articles}

Faced with trade war risk, yuan to manage only modest rise: Reuters...

9/6/2018, 12:24:28 AM
The Chinese yuan will trim only some of its recent losses against the dollar over the coming year, with the People's Bank of China increasingly likely to intervene to support the currency against a still-rampant dollar, a Reuters poll found. ✔ This would allow investors to trade 2 percent above or below the daily reference rate set by the central bank ✔ Following this, bearish bets on the renminbi were sharply reduced, a separate Reuters survey showed ✔ Our Standards:The Thomson Reuters Trust Principles


Asian shares a sea of red on trade, emerging market anxieties

9/6/2018, 3:57:44 AM
Asian shares fell for a sixth straight session on Thursday as oil skidded and safe-haven gold gained, with investor confidence shaken by turmoil in emerging markets and jitters over a potentially severe escalation in the U.S.-China trade war. ✔ Conviction and participation will likely remain light until an announcement ✔ Indonesia's benchmark stock index .JKSE was last up 0.4 percent while the rupiah also rose a tad ✔ An index of emerging market currencies .MIEM00000CUS paused near 15-month lows after two straight days of heavy declines ✔ Our Standards:The Thomson Reuters Trust Principles


Trump poised to tax an additional $200B in Chinese imports

9/6/2018, 7:33:33 AM
WASHINGTON (AP) — The Trump administration may be about to slap tariffs of up to 25 percent on an additional $200 billion in Chinese goods, escalating a confrontation between the ✔ They say a full-blown trade war by 2021 could shrink America's annual economic output by an average of one-third of a percentage point and China's by two-tenths of a percentage point from 2019 through 2021 ✔ Communist leaders who are trying to nurture more sustainable growth in the world’s No. 2 economy clamped down on bank lending to rein in surging debt


Stocks fall and dollar drops in Asia as EM outlook uncertain

9/6/2018, 2:42:32 AM
undefined ✔ The moves came after the emerging market sell-off worsened overnight with developing world equities falling back into a bear market and fuelling concerns of a broader crunch ✔ However, analysts remained mixed on whether the sell-off, sparked by Turkey and Argentina’s twin currency crises, will spread further


Foreign money flows into Asian equities not likely to be sustained:...

9/6/2018, 6:38:14 AM
Overseas buying of Asian equities in August was the highest in seven months, but analysts doubt such inflows could be sustained if the Sino-U.S. trade dispute were to escalate, notwithstanding contagion from Argentina and other volatile emerging markets. ✔ Economic meltdown in Argentina and Turkey and South Africa’s recent fall into recession also deters investors from emerging market countries, especially those with high external deficits ✔ The Indian rupee has hit a record low this week and the Indonesian rupiah touched a 20-year trough following the falls in Argentina’s peso and the Turkish lira ✔ Our Standards:The Thomson Reuters Trust Principles


Are foreigners returning to Seoul bourse?

9/6/2018, 7:22:10 AM
undefined ✔ Foreigners have bought a total of 1.56 trillion won shares in the nation's stock market since Aug. 21 ✔ However, there are still looming uncertainties raised by the Turkish lira crisis and U.S.-China trade war ✔ The highest KOSPI range is forecasted to be 2,410 points in September


Hong Kong shares fall as fears of more tariffs loom

9/6/2018, 5:36:46 AM
Zijin drops after offer to buy Nevsun while China Tower rebounds ✔ Currency crises in Turkey and Argentina, and data this week showing that South Africa was in recession, also dragged on sentiment in Asia ✔ If things turn out to be less bad, we may see a short-term rebound ✔ The company on Wednesday said the suspension was due to a recent increase and abnormal share moves ✔ Try 3 months for $9 Offer ends September 30th


Emerging market, US-China trade worries jolt Asia-Pacific stocks

9/6/2018, 3:18:50 AM
undefined ✔ Thursday 03.00 BST What you need to know Equities choppy after emerging market rout Dollar pulls back Investors wary ahead of next US tariff move Leading quote There is contagion taking place, but we think contagion should be shortlived, JPMorgan Asset Management portfolio manager Ayaz Ebrahim Hot topic Equities were choppy and the dollar pulled back in early Asia-Pacific trading on Thursday as worries persisted over emerging markets and the next stage of the US-China trade dispute ✔ In Sydney, the S&P/ASX 200 was 0.8 per cent lower with the key basic materials and financials segments down 0.9 per cent and 0.6 per cent, respectively


Moody's worried over Korea's growth strategy

9/6/2018, 7:45:06 AM
undefined ✔ Employment growth is going to come under further pressure from another minimum wage hike in 2019 that will add further downside risks to consumption ✔ But hiking rates would further dent already strained consumption and inflation is already comfortably shy of the 2 percent target, she said


U.S. dollar to keep currency crown this year, but not next -...

9/6/2018, 1:22:02 AM
The U.S. dollar, which has had its best yearly performance since 2015 so far in 2018, will hold on to those gains for the rest of the year but beyond that is unlikely to maintain its ascendancy, a Reuters poll showed. ✔ [nL2N1VL1AL] Currency speculators reduced bets in favour of the U.S. currency in the latest week for the first time in 11 weeks, after net long dollar positions hit a more 1-1/2-year high the previous week ✔ (Other stories from the global foreign exchange poll: [nL3N1VQ2R5]) Our Standards:The Thomson Reuters Trust Principles


Deal-shy chipmaker TSMC says it's open to memory acquisition

9/6/2018, 4:12:18 AM
Apple supplier under pressure to diversify as demand shifts beyond phones ✔ TSMC is the sole supplier of Apple's iPhone core processors and Chinese smartphone maker Huawei's high-end Kirin mobile processors, which go into its flagship models ✔ TSMC enjoys a 56% chip market share globally as well as 450 customers worldwide ✔ Try 3 months for $9 Offer ends September 30th


China is losing the new Cold War

9/6/2018, 5:05:06 AM
Beijing seemingly set to follow Soviet Union in doomed arms race with the US ✔ The problem for the CPC is that SOEs play a vital role in sustaining one-party rule, as they are used both to reward loyalists and to facilitate government intervention on behalf of official macroeconomic targets ✔ Try 3 months for $9 Offer ends September 30th


The madness is pouring out of the White House now, for all to see | Richard Wolffe

9/6/2018, 4:33:16 AM
An anonymous New York Times op-ed by a senior Trump administration official and an explosive new book reveal just how bad things are around the US president ✔ Perhaps it was the sight of the captain’s personal lawyer admitting to several five-year felonies that got them worried ✔ Or perhaps it was the thought of a Democratic House firing subpoenas at them from the Cannon office building ✔ All of this might be funny if it weren’t so serious ✔ But no fool wants to drown with the captain we all know is plain crazy


>>> Open This Series
Labels:

Comments

Post a Comment

Popular posts from this blog

Fashion - SERIES 363 {17 articles}

Fashion Unzipped podcast: Samantha Cameron and Isabel Spearman on outfit disasters and redefining corporate style at No. 10 10/27/2018, 1:06:31 PM As working environments go, they don’t come much more high profile than Number 10 Downing Street - and that’s exactly where this episode’s guests honed their senses of style. ✔ As working environments go, they don’t come much more high profile than Number 10 Downing Street - and that’s exactly where this episode’s guests honed their senses of style ✔ Those infamous holiday pictures The Camerons on holiday in Portugal, 2015Credit:PA It was one of the worst things that we had to do, says Cameron Demi Rose shows off her famous curves in a red bikini in sexy new fashion shoot 10/27/2018, 12:49:12 PM DEMI Rose has shown off her famous curves for a sexy new fashion shoot. The model, 23, poses in a red bikini in front of a wooden fence as she stares directly into the camera. It’s part of he… ✔ The model, ...
Post a Comment
Read more

Disasters - SERIES 336 {20 articles}

California Today: What an Earthquake Could Do to the State’s Housing Crisis 10/19/2018, 1:06:58 PM Friday: An earthquake drill raises some difficult questions, LeBron James‘s Lakers debut and saving an entangled owl in the Bay Area. ✔ [The Los Angeles Times] • The Bay Area has some of the worst roads in the nation , according to a new report ✔ She added that birds often become tangled in cords, strings and netting, especially with Halloween decorations in October ✔ Britain Releases Anjem Choudary, Radical Islamist Preacher, Under Strict Controls Wife of missing Interpol chief says he might already be dead 10/19/2018, 2:23:28 PM Grace Meng says husband is a victim of 'political persecution' and calls Chinese officials 'cruel' and 'dirty' ✔ A Somali police officer says a number of people were wounded after a suicide bomber detonated an explosives-laden vehicle at a checkpoint outside the headquarters after being stopped by security forces AP ...
Post a Comment
Read more

Trade War - SERIES 187 {11 articles}

US TRADE WAR: China braces for ‘ECONOMIC SHOCK WAVES’ over Trump tariffs 9/27/2018, 6:50:26 PM CHINA is bracing for “economic shock waves” over punishing tariffs in the wake of its US trade war with the US. ✔ This would also impact jobs in China according to a shock report by JP Morgan (Image: GETTY) Looming levies from US President Donald Trump’s administration are expected to cripple large multinational firms that produce goods for export as well as smaller and medium-sized companies that form part of the power nation’s global supply chain ✔ The sector is already feeling mounting pressure from Mr Trump after he slapped a 25 percent levy on China-made cars in July Trump said soybean prices have gone up. They're near decade-lows. 9/27/2018, 5:20:02 PM President Donald Trump claimed US soybeans have largely held up against his trade war with China. But tariffs have pushed prices to lows not seen since 2008. ✔ Also on Wednesday, Trump said China has started buying US s...
Post a Comment
Read more

Trade War - SERIES 151 {15 articles}

Forecasters unanimous: U.S.-China trade war bad for economy -... 9/20/2018, 12:44:02 AM The U.S. economy will expand at a robust pace in coming quarters but slow to 2 p... ✔ The latest Reuters consensus for U.S. growth showed slight upgrades for several quarters in the coming year but still is forecasting a slowdown to 2.0 percent in the final quarter of 2019, less than half the last reported rate of 4.2 percent ✔ (Other stories from Reuters long-term economic outlook polls:) Our Standards:The Thomson Reuters Trust Principles Asian markets follow global shares higher, trade war still in focus 9/20/2018, 1:04:47 AM Asian stocks rose in early trade on Thursday following a second day of gains on ... ✔ The housing market remains a specific point of weakness in the U.S. economy and while not in focus, it could be important.. ✔ The rally in global stocks has been accompanied by falls in U.S. bonds and the Japanese yen ✔ [GOL/] Our Standards:The Thomson Reuters Trust Principle...
Post a Comment
Read more

War Countries - SERIES 95 {15 articles}

Controversial actor Gerard Depardieu spotted in North Korea 9/9/2018, 10:31:07 PM The French actor was spotted among the thousands of spectators enjoying the festivities in Kim Il Sung square ✔ And there were no nuclear tests to mark the holiday, as has happened in each of the last two years, following North Korea's commitment to denuclearisation ✔ Kim Jong-un and his South Korean counterpart Moon will meet in Pyongyang on September 18 for the third time this year and discuss practical measures towards denuclearisation, officials in Seoul have said Rising Violence in Basra Highlights U.S.-Iran Fight for Influence in Iraq 9/9/2018, 8:37:01 PM The firing of rockets toward American diplomatic missions in Iraq after protesters torched the Iranian consulate in Basra raised tensions as the U.S. and Iran vie to shape the country’s next government. ✔ Workers clean the Basra governorate building on Sept ✔ In 2014, they became de factoif awkwardallies in the war against Islamic S...
Post a Comment
Read more