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

Comments

Popular posts from this blog

Disasters - SERIES 390 {25 articles}

BBC Weather: Tropical Storm Oscar ROLLS its way into UK bringing ‘DRAMATIC changes’ 10/29/2018, 8:50:32 AM BBC WEATHER forecast widespread gales and very heavy rain towards the end of the week, as a deep area of low pressure rolls across the UK, containing the remnants of tropical Storm Oscar. ✔ He said: A cold and frosty start to the new working week, things will gradually turn milder, but there will be a price to pay as things turn wetter and windier ✔ Thursday will possibly see persistent rain across south-east England and East Anglia ✔ Otherwise, it will be mostly dry with a few showers in the west Trump Has Another Weird Umbrella Moment And The Laughs Rain Down On Twitter 10/29/2018, 9:11:50 AM Some folks are looking for hidden meaning in Trump's latest umbrella battle. ✔ https://t.co/wlhzv3LKcx John Fugelsang (@JohnFugelsang) October 28, 2018 Trump treats his umbrella like the rest of his job ✔ He'll abandon it, leave someone else to clean it up and escape ...

War Countries - SERIES 346 {14 articles}

Jamal Khashoggi killing hurts Saudi war in Yemen 10/28/2018, 8:09:35 PM The furor generated by the apparent killing of dissident Saudi journalist Jamal Khashoggi at the hands of a “hit team” of top Saudi officials could have some serious blowback for one of Saudi Crown Prince Mohammed bin Salman’s signature foreign policy initiatives: the increasingly troubling war in neighboring Yemen. ✔ Marred by tactical mistakes, heavy civilian casualties and what U.N ✔ undersecretary-general for humanitarian affairs, told the U.N ✔ It is just a quagmire that is benefiting Iran, Mr. Indyk told reporters in a teleconference last week ✔ However, I do not think he can afford a confrontation with the United States Yemen's infants face starvation as war rages on 10/28/2018, 10:50:41 PM Ahmed Hassan is only a few months old, but his emaciated frame twitches as he cries in pain when Yemeni doctors gently place him on a scale. He is starving. In the next room, nurses make baby formula by th...

Autos - SERIES 165 {11 articles}

Volkswagen Polo GTI 2018 new car review | value, performance 10/18/2018, 8:25:52 PM Stephen Ottley road tests the 2018 Volkswagen Polo GTI, assessing it for performance, handling, value, space and features. ✔ The boot is also 71-litres bigger than the old model and can now swallow 305-litres of luggage, which is better than some small cars from the class above ✔ The steering is direct and responsive but could do with more feedback to the driver ✔ Let's start a personal and meaningful conversation! Leave a comment (Get advice from an expert) The game developer behind 'Grand Theft Auto' and 'Red Dead Redemption' is embroiled in an ongoing controversy — here's what's been going on 10/18/2018, 10:26:55 PM Rockstar Games employees have taken to social media to express their feelings about the video game studio’s work environment after cofounder Dan Houser praised staff members for pulling 100-hour work weeks to finish "Red Dead Redemption 2....

Disasters - SERIES 178 {22 articles}

Survivors send texts from under debris after new Philippines landslide 9/20/2018, 8:14:31 PM A massive landslide buried dozens of homes near a central Philippine mountain Thursday, killing dozens. ✔ It was like an earthquake and there was this thundering, loud banging sound ✔ Poverty has forced many to live on or near volcanoes, steep mountains and storm-vulnerable coasts, often leading to disasters ✔ Our new podcast series from the team behind Phoebe's Fall View episodes New landslide kills 21, buries houses in the Philippines 9/20/2018, 8:09:36 PM At least 64 people missing following a landslide near an abandoned quarry site in the central province of Cebu. ✔ We're striking a balance between intensifying our rescue efforts and ensuring the safety of our rescuers, Naga city Councilor Carmelino Cruz said by phone ✔ It is lashed by about 20 storms each year and is located in the Pacific Ring of Fire that is vulnerable to earthquakes and volcanic eruptions Met ...

Travel - SERIES 388 {31 articles}

Travel warning: UK upgrades terror threat level for Sweden - is it safe? 11/14/2018, 9:04:02 AM TRAVEL warning: The terrorist threat level in Sweden has been increased by the UK government and travellers are now being advised an attack is "very likely" to take place. ✔ Travel warning: The threat level has been raised over a year after the terrorist attack in Stockholm (Image: Getty) According to TheLocal.se, the increase was made based on updated information and advice on the threat from terrorism in Sweden, reflecting an increased threat Cambodia receives 1.44 million Chinese tourists in first 9 months, up 71.2 pct - Travel 11/14/2018, 9:01:58 AM undefined ✔ Cambodia is famous for three world heritage sites, namely the Angkor archaeological park in northwestern Siem Reap province, the Preah Vihear temple in northwestern Preah Vihear province, and the Sambor Prei Kuk archaeological site in central Kampong Thom province ✔ Besides, it has a pristine coastline str...