Skip to main content

Trade War - SERIES 201 {12 articles}

Donald Trump trade BREAKTHROUGH will NOT 'stop trade war with China' warns expert

10/1/2018, 9:54:46 PM
A NEW trade deal between the US, Canada and Mexico has finally been reached, but experts claim the new USMCA agreement will do nothing to improve the the prospect of a breakthrough in the US-China trade dispute. ✔ Head of CEEMEA FX and rates strategy at Citibank, Luis Costa, told CNBC: I do believe that unfortunately the China story is a lot more complicated than NAFTA talks ✔ The world’s two largest economies have been locked in an escalating trade war for months ✔ I just can't see it really being in China's interest to take on the might of the US because the US is still doing phenomenally well



Mexico, Canada trade deal gives Trump China leverage

10/1/2018, 11:37:17 PM
President Trump’s ability to wangle a new deal from NAFTA partners Mexico and Canada will give the White House leverage to take a harder line in the escalating trade war with China, administration backers said Monday. ✔ Complex problem China poses a problem of far greater magnitude and complexity for U.S. trade negotiators ✔ The de-industrialization of the United States ended last night, he said ✔ This is a major victory for the U.S. in re-orienting the supply chain away from Southeast Asia and back to North America



Dow Gains 192 Points as Trade Trumps All

10/1/2018, 9:47:22 PM
The S&P 500 also finished higher after the U.S., Canada and Mexico agreed on a trade deal to replace Nafta. ✔ Kinahan offered tepid hope, writing that maybe the deal on Nafta can signal better chances of the U.S. and China also finding a way out of their longstanding issues ✔ Do not be surprised if most of these companies somehow outperform these new lowered targets, James explains



Fast Asia Open: RBA rates decision, Hong Kong retail sales

10/1/2018, 11:24:32 PM
undefined ✔ Corporate earnings reports out today include Kewpie ✔ 07.00: South Korea industrial production 07.50: Japan monetary base 12.30: Reserve Bank of Australia interest rates decision 13.00: Japan consumer confidence index 16.30: Hong Kong retail sales 21.00: Singapore manufacturing purchasing managers’ index



Chinese warship sails within yards of US destroyer in 'unsafe' encounter

10/1/2018, 10:10:26 PM
Chinese ship approached the USS Decatur in the South China Sea and conducted ‘aggressive maneuvers’, a US official said ✔ The Chinese destroyer approached within 45 yards of Decatur’s bow, after which Decatur maneuvered to prevent a collision ✔ On Monday, a US defense official said that security talks due to take place later this month in Beijing between the defense secretary, Jim Mattis, and his Chinese counterpart had been canceled



Trump hits Brazil, India commerce after clinching North American...

10/1/2018, 10:01:31 PM
Fresh from clinching an updated North American commerce pact, U.S. President Don... ✔ Brazil is one of the world’s most closed major economies, and in recent months has tussled with the Trump administration over trade in sectors such as ethanol and steel ✔ After Trump’s comments, Brazil’s Foreign Trade Minister, Abrão Neto, defended the relationship, saying it was very positive ✔ Our Standards:The Thomson Reuters Trust Principles



8@eight: ASX set for gains at the open

10/1/2018, 10:05:13 PM
What happened overnight and what's ahead for the ASX. ✔ Volumes were light because of the public holidays in China, Hong Kong and parts of Australia, but not absurdly so ✔ Market watch:  SPI futures up 9 points or 0.1% 6169 at 6.20am AEST AUD flat at 72.26 US cents On Wall St at 4pm: Dow +0.7% S&P 500 +0.4% Nasdaq -0.1% In New York, BHP +1.2% Rio -0.1% Atlassian -0.4% In Europe: Stoxx 50 +0.4% FTSE -0.2% CAC +0.2% DAX +0.8% Spot gold -0.2% to $US1188.76 an ounce at 2pm New York time Brent crude +2.3% to $US84.59 a barrel US oil +2.4% to $US75.04 a barrel Iron ore flat at $US69.24 a tonne Dalian iron ore - Dalian exchange closed LME aluminium +1% to $US2083 a tonne LME copper -0.1% to $US6250 a tonne 2-year yield: US 2.82% Australia 2.03% 5-year yield: US 2.96% Australia 2.23% 10-year yield: US 3.08% Australia 2.66% Germany 0.47% US-Australia 10-year yield gap as of 6.25am AEST: 42 basis points This column was produced in commercial partnership between Fairfax Media and IG



Former Secretary of State John Kerry on Trump tariffs: The Chinese 'do not react well to bludgeoning'

10/1/2018, 8:57:32 PM
Former Secretary of State John Kerry said Monday that President Donald Trump may have a tougher time securing a trade deal with China than he did with Canada and Mexico. ✔ Those tariffs are set to rise to 25 percent at the start of 2019 ✔ China wants to talk, very badly, and I said, 'Frankly, it's too early to talk.' Can't talk now, because they're not ready, Trump said ✔ The White House did not immediately respond to a request for comment



Revamped NAFTA narrows options for non-American carmakers

10/1/2018, 8:05:06 PM
New pact sets import quotas, but US manufacturers' mainstay light trucks spared ✔ The quota system also favors American automakers by including an exemption for light trucks -- the main segment exported from Mexico by General Motors and Fiat Chrysler Automobiles ✔ Meanwhile, the trade war -- particularly steel tariffs imposed by Washington in March -- makes American production more expensive



Analysis | Global confidence in Trump lower than for China’s Xi, poll shows

10/1/2018, 10:11:59 PM
A new Pew poll finds skepticism of China's rise but most countries continue to have a negative view of the U.S. president. ✔ Views of the United States in general were more positive 50 percent were favorable, compared to 43 percent unfavorable but this was also a drop from the Obama-era, when favorable views were at 64 percent ✔ More on WorldViews Amid North Korea nuclear talks, poll shows high support for South Korea among Americans



U.S. Pivots to China, With Nafta Deal in Hand

10/1/2018, 10:19:11 PM
White House officials are betting that concluding a trade deal with Mexico and Canada gives them ammunition in their high-stakes battle with China on economic issues and national security. ✔ Dockworkers at the Port of Savannah in Georgia ✔ Cornell University China scholar Eswar Prasad warned that if the U.S. expands its tariffs, then China would disengage and probably start implementing its playbook of making life miserable for American businesses in China, he said



No easy escape from Afghan war for Trump

10/1/2018, 10:04:15 PM
Russia, China and Iran now backing Taliban and stymieing US peace efforts ✔ U.S. Defense Secretary Jim Mattis, while making an unannounced visit to Kabul recently on his way back from New Delhi, said reconciliation efforts with the militia had gained traction ✔ Brahma Chellaney is a geostrategist and the author, most recently, of the award-winning Water, Peace, and War



>>> Open This Series

Comments

Popular posts from this blog

Autos - SERIES 117 {19 articles}

One car to rule them all | Drive.com.au 10/1/2018, 8:22:20 PM Mercedes-AMG has locked in a name for its Formula One-powered hypercar. Formerly known as Project One in concept form, the production version will hypercar as the Mercedes-AMG One. ✔ GREEN CARS - FIND OUT MORE Expected to reach 200km/h in five seconds, the One is likely to be the fastest-accelerating car in the world ✔ Dave is often found at a racetrack – either in the press room, or driving his hot hatch ✔ Let's start a personal and meaningful conversation! Leave a comment (Get advice from an expert) Infiniti 'dual-hybrid' concept car gathers heat to boost performance 10/1/2018, 10:11:01 PM Project Black S can recharge when it's accelerating, not just braking. ✔ It's not just about eye-watering acceleration and top speeds, according to Infiniti -- it's about sustainable power that won't decline quite so sharply on the track ✔ It won't help the environment much, but it could l

Travel - SERIES 62 {29 articles}

The busiest air-travel days for Labor Day are … The busiest day for Labor Day travel will be Friday, when an estimated 2.76 million passengers will fly onboard U.S. airlines, according to A4A estimates. ✔ People watch planes at Gravelly Point Park, just north of the runway at Washington Reagan National Airport, on May 24, 2015 ✔ Jeremy Dwyer-Lindgren for USA TODAY Fullscreen Last SlideNext Slide Flying for Labor Day ✔ 2018 has been an exceptionally busy year for air travel, with 20 out of the 25 busiest days ever recorded by the Transportation Security Administration occurring so far this year, A4A Chief Economist John Heimlich said in a statement Travelling to Egypt? New mandatory rules for tourists to be introduced EGYPT is currently in the news following the deaths of British couple John and Susan Cooper at a popular Thomas Cook hotel resort. New rules could soon be introduced for travellers heading to the country on holiday to prevent the rise in incidents. ✔ Egyp

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 313 {19 articles}

Sri Lanka ranked No 1 travel destination in 2019 by Lonely Planet - Travel 10/24/2018, 2:57:35 AM undefined ✔ During the civil war there were large tracts in the north that were completely off limits, but now there are new roads and rail links, and new internal flights, he added ✔ This year, over 1.7 million tourists have visited the island country with the government targeting 2.5 million arrivals by the end of the year ✔ China, India and Britain are the leading markets with the most number of arrivals Size isn't everything – why micro-rooms are the future of travel 10/24/2018, 7:23:58 AM What would you do with eight and a half square metres? ✔ On ultra-congested Manhattan or Hong Kong Island however, the answer could well be, host a dinner party ✔ We’re told from our teens that size isn’t everything ✔ Except of course, that it’s entirely false in relation to pretty much anything you can think of, including hotel rooms Lonely Planet: Top 10 countries to visit in 2

Fashion - SERIES 447 {12 articles}

How to wear knee-high boots now, according to The Telegraph's fashion editors 11/17/2018, 7:03:38 AM How to wear knee-high boots now, according to The Telegraph's fashion editors ✔ Knee-high styles work with everything from skirts and dresses to smart tailoring, and our editors are on hand to show you how to wear them this season ✔ Happy shopping!   Follow Telegraph Fashion Follow on Facebook Follow on Twitter Follow on Instagram Caroline Leaper An over-the-knee boot, I think, is best teamed with a midi dress this winter Exploring Japan's 'genderless' subculture 11/17/2018, 2:45:47 AM A growing number of Japanese men who self-identify as "genderless" youth broadening their sartorial and cosmetic choices. ✔ Harajuku has become a catwalk for jendaresu-kei (or genderless style) ✔ But Japanese history is also filled with examples of pioneers who have blurred the distinction ✔ To limit discussion of Japan's gender