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Trade War - SERIES 207 {13 articles}

South American exports help shipping industry offset trade war fallout

10/4/2018, 6:34:47 AM
Yet rising tide of protectionism remains a threat, Baltic Exchange chief warns ✔ Its indexes are used as bench marks for freight or ship charter rates, as settlement tools in freight futures trading, or simply to understand the health of the shipping market ✔ We can take a bit more business risk, and start investing for the future and looking at a longer horizon



Shipping rates firm as trade war prompts detours, Baltic CEO says

10/4/2018, 6:11:10 AM
London's oldest maritime information provider focuses on Asian expansion ✔ Singapore Exchange, or SGX, acquired the operation in November 2016 for 87 million pounds ($108 million at the time) ✔ The bourse wanted to cultivate the maritime financial derivatives market ✔ We can take a bit more business risk, and start investing for the future and looking at a longer horizon



After trade deal win, Trump doubles down on China

10/4/2018, 4:41:45 AM
No plans for China-US negotiations over trade war with analysts saying Trump's confident he'll come out on top. ✔ China and the US - the world's two largest economies - have been locked in a mounting trade dispute since January, when Washington slapped controversial tariffs on imported solar panels and washing machines ✔ Follow James Reinl on Twitter: @jamesreinl Counting the Cost What's the endgame in the US-China trade war



Russian influence & meddling in US ‘pales in comparison’ with China’s, Pence believes

10/4/2018, 4:33:01 AM
The White House has stepped up its showdown with China, casting it as the new top bogeyman, with Mike Pence declaring that the notorious Russian interference and meddling ‘pales’ in comparison to Beijing’s influence in US affairs. ✔ China suspects the leader is seeking to push for formal independence ✔ The United States Navy will continue to fly, sail and operate wherever international law allows and our national interests demand ✔ The harsh rhetoric will likely trigger new criticism from Beijing, especially after Washington imposed sanctions on the Chinese military for buying Russian fighter jets and missiles



Treasury bond yields continue their ascent as US economy shines

10/4/2018, 4:28:24 AM
undefined ✔ The usual central bank response to a weak currency is aggressive policy tightening, like Indonesia and the Philippines, they wrote, but the odds of the RBI following their footsteps seems to be constrained by the central bank’s 4% (+/- 2%) inflation mandate, a potential slowdown in growth due to the US-China trade war, and troubles in the financial system



Soaring US dollar threatens trouble for emerging markets

10/4/2018, 5:48:15 AM
Strong economy and hawkish monetary policy pushback greenback ever higher – and other currencies are suffering ✔ Lots of countries have issued dollar-denominated debt and as the dollar goes higher, debt levels are exaggerated ✔ It was the steepest daily increase since the shock outcome of the US presidential election in November 2016 ✔ Brent eased 18 cents to $86.11 a barrel on Thursday while US crude fell 16 cents to $76.25



Rising US yields and dollar slam Hong Kong shares

10/4/2018, 5:56:21 AM
Forty-six of 50 Hang Seng Index constituents decline ✔ If the U.S. dollar continues to strengthen and interest rates continue to rise, the pressure on emerging market assets will definitely continue and will only be relieved once the U.S. stops hiking interest rates ✔ Headset and headphone products maker Fujikon Industrial Holdings climbed 1.7% after saying it expects profit for the six months ended Sept



China respects others' trade secrets — unless it wants something, experts say

10/4/2018, 6:35:14 AM
China has made strides in implementing legal protections for intellectual property rights, but experts say  foreign companies seeking protection for their trade secrets often run up against Chinese national and corporate interests. ✔ Cohen, who served as an IP attache at the U.S. Embassy in Beijing for four years, cited a list of high profile court cases, including defeats by Idaho-based Micron Technology and Schneider Electric of France the latter was the largest ever ruling against a foreign company in China



Pence to China: We will not be intimidated in South China Sea

10/4/2018, 5:35:46 AM
undefined ✔ But at a news conference but last week in New York, he said: Maybe he's not any more, I'll be honest with you ✔ Today, that country is offering hundreds of billions of dollars in infrastructure loans to governments from Asia to Africa to Europe to even Latin America ✔ The corporation is not named in the speech excerpts



Gender parity: Will California’s female director law hold up?

10/4/2018, 7:05:09 AM
undefined ✔ FT premium subscribers can click here to receive Due Diligence every day by email ✔ With what’s happening with the trade war and the balance of geopolitical power in the region, India is seen as an alternative to China, said Reshmi Khurana , a Singapore-based managing director for business intelligence and investigations at Kroll



Midterms elections: ‘Trump effect’ weighs on US economic boom

10/4/2018, 4:58:25 AM
undefined ✔ Strikingly, the Pew polling from late September showed the Republicans and Democrats level pegging nationally in terms of voters’ views of the best party to run the economy ✔ If the tariffs stay there long term, are we going to be competitive on a world market



Could the tariffs ruin the holidays for shoppers?

10/4/2018, 4:09:56 AM
The economy is strong and shoppers are feeling flush, but retailers have warned about higher prices to come. ✔ The gift shop in a Cracker Barrel in Sterling includes pies for sale and Christmas decorations ✔ Walmart -- the largest retailer in the country -- wrote that the immediate impact will be to raise prices on consumers and tax American businesses and manufacturers



Canada relieved trade deal done, won't forget Trump attacks

10/4/2018, 4:16:03 AM
TORONTO (AP) — U.S. President Donald Trump vowed to make Canada pay after Prime Minister Justin Trudeau said he wouldn't be bullied in trade talks. Trump called Trudeau "weak" and ✔ The unprecedented attacks on America's closest ally left a bitter taste ✔ Our economic partnership has been reaffirmed, but trust can't be rebuilt with the stroke of a pen, Paris tweeted ✔ It replaces the 24-year-old North American Free Trade Agreement, which President Donald Trump had called a job-killing disaster



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