Skip to main content

Trade War - SERIES 208 {10 articles}

US-China trade war will last over a year, economists predict

10/4/2018, 8:59:59 AM
Chinese economy forecast to slow slightly by 0.3 point to 6.3% mark in 2019 ✔ Cheng continued: The positive impact of the measures will become visible in the January-March period after they directly stimulate investment and consumption ✔ The economists who responded to the survey are: Arjen van Dijkhuizen, Senior Economist, ABN AMRO Bank N.V; Aidan Yao, Senior Emerging Asia Economist, AXA Investment Managers Asia Limited; Paul Tang, Chief Economist, Bank of East Asia; Richard Jerram, Chief Economist, Bank of Singapore; Peter So, Managing Director and Co-Head of Research, CCB International Securities Limited; Xie Yaxuan, China Merchants Securities; Kevin Lai, Daiwacm; Chris Leung, Executive Director and Chief China Economist, Group Research, DBS Bank (Hong Kong) Limited; Sean Taylor, Chief Investment Officer, Asia Pacific, DWS; Kenny Wen, Wealth Management Strategist, Everbright Sun Hung Kai; Brian Coulton, Chief Economist, Fitch Ratings; Thomas Shik, Chief Economist, Head of Economic Research, Hang Seng Bank Limited; Frederic Neumann, Co-head of Asian Economics Research, HSBC; Cheng Shi, Chief Economist, Managing Director and Head of Research Department, ICBC International; Iris Pang, Economist, Greater China, ING Bank; David Rees, Emerging Market Strategist, J. Safra Sarasin; Susan Joho, Economist, Julius Baer; Ken Chen, Chinese Economy Analyst, KGI Asia Limited; Veasna Kong, Assistant Director and Economist, Moody's Analytics; Robin Xing, Chief China Economist, Morgan Stanley; Xiaochen Fan, Director, MUFG Bank; Ting Lu, Chief China Economist, Nomura; Yao Wei, China economist at Societe Generale Corporate and Investment Banking; Shuang Ding, Head of Greater China Economic Research, Standard Chartered Bank (HK) Limited; Tetsuji Sano, Chief Asia Economist, Asia Research Center, Sumitomo Mitsui Asset Management (Hong Kong); and Tao Wang, Head of China Economic Research, UBS


China halts all oil imports from US amid escalating trade war

10/4/2018, 10:37:24 AM
America’s second-largest oil client, China, has completely stopped buying crude from the United States as trade tensions between the world’s two largest economies continue to grow. ✔ Surely for the shipping business, it’s not good, the CMES president said ✔ Beijing is now buying most of its soybeans from South America ✔ Beijing’s other major suppliers are Saudi Arabia and Iran ✔ For more stories on economy & finance visit RT's business section Trends: Oil newsTrade War news


Wealth managers count cost of U.S.-Chinese trade war on Asian business

10/4/2018, 10:34:46 AM
The performance of big wealth managers may take hit as a trade war between the U... ✔ That’s why you see most of the banks are focusing a lot on China because that’s where really the wealth is growing ✔ UBS CEO Sergio Ermotti said last week the world’s biggest wealth manager faced declining revenue from transactions in the third quarter, saying clients were much, much more insecure ✔ Our Standards:The Thomson Reuters Trust Principles


Mike Pence Will Accuse China—not Russia—of Being the Main Meddler in the Upcoming 2018 Elections

10/4/2018, 9:16:44 AM
“By one estimate, more than 80% of U.S. counties targeted by China voted for President Trump in 2016; now China wants to turn these voters against our administration.” ✔ Pence planned to single out China’s use of retaliatory tariffs in his speech on Thursday ✔ While our administration will continue to respect our One China Policy, as reflected in the three joint communiques and the Taiwan Relations Act, let me also say that Taiwan’s embrace of democracy shows a better path for all the Chinese people, he will say, according to the prepared remarks


China secures good grain harvest this year: minister

10/4/2018, 10:03:29 AM
"It is safe to say we can secure a bumpy grain harvest this year," Minister of Agriculture and Rural Affairs Han Changfu told Xinhua in an interview. ✔ A farmer in Wangcun village, Shanxi province, enjoys the delicious grapes and the delights of the harvest with her son ✔ From 2001-2017, China's farm produce trade rose from $27.9 billion to 201.39 $billion, ranking second largest in the world ✔ In 2017, China recorded a deficit of $50.33 billion in farm produce trade, with $75.53 billion of exports and $125.86 billion of imports


ZTE hit with 2-year ‘monitoring’ extension after breaking probation terms

10/4/2018, 8:48:04 AM
Embattled Chinese tech firm ZTE narrowly survived after the U.S. Department of Commerce hit it with a $1 billion fine and forced changes to its business earlier this year, and. Now it is back in the news for negative reasons after it was judged to have broken the probation around a fine that it cop… ✔ It added that the court-appointed monitor will also be given access to the same information as the monitor tied to the Department of Commerce ✔ Trump’s move was part of a wider and ongoing trade war that the U.S. and China have fought out using trade tariffs


US Treasury yields jump ahead of more Fed remarks

10/4/2018, 9:21:41 AM
U.S. government debt prices fell into the red on Thursday. ✔ U.S. government debt prices fell into the red on Thursday ✔ On Thursday, jobless claims are due out at 8:30 a.m. ET, followed by factory orders at 10 a.m. ET ✔ On Sunday, Canada joined a new trade deal with the U.S. and Mexico; the United States-Mexico-Canada Agreement (USMCA) is expected to be signed by the end of November


US futures sharply drop as rising rates put investors on edge 

10/4/2018, 9:21:43 AM
U.S. stock index futures fell deep into the red ahead of Thursday's open. ✔ September's nonfarm payrolls data is due out Friday morning ✔ On Wednesday, Senate Majority Leader Mitch McConnell stated that a procedural vote on Kavanaugh's confirmation could take place as early as Friday, despite the nominee facing multiple allegations of sexual misconduct ✔ On Thursday, a spokesperson said that the White House had obtained the FBI's report on the agency's findings on the Kavanaugh allegations, Reuters reported


Thailand and Indonesia face 'acute' liquidity risk, World Bank says

10/4/2018, 9:29:52 AM
Rising protectionism and market volatility threaten region's growth ✔ You could have a vicious cycle develop as a result, Shetty said ✔ The lender cut its forecast for next year by 0.1 of a percentage point, compared with its April projection ✔ China, the region's largest economy, is projected to post a 6.2% growth rate over the next two years


Hong Kong stocks fall to three-week low on US yields, dollar

10/4/2018, 9:29:53 AM
Forty-five of 50 Hang Seng Index constituents decline, led by Chinese companies ✔ 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 ✔ Slimming and beauty products company Perfect Shape Medical jumped 7.2% after reporting a 39.1% on-year increase in sales contracts for the six months ended Sept


>>> Open This Series
Labels:

Comments

Post a Comment

Popular posts from this blog

War Countries - SERIES 192 {21 articles}

Geopolitical pendulum shifts from Pyongyang to Tehran 9/27/2018, 8:40:14 AM undefined ✔ By John J. Metzler UNITED NATIONS ― Presidents, prime ministers, kings and potentates have converged in New York for the 73rd U.N ✔ Equally the U.S. prevailed upon China, North Korea's longtime comrade and benefactor, to coerce its minions in Pyongyang to talk rather than shoot missiles Israel prepared to reopen Golan crossing with Syria: defense chief 9/27/2018, 11:11:12 AM Israel is ready to reopen a crossing point into the Syrian-controlled Golan Heig... ✔ REUTERS/Amir Cohen/File Photo Lieberman was referring to the United Nations Disengagement Observer Force, whose monitoring operations in a demilitarized zone established in 1974 between the Israeli-occupied Golan and the Syrian sector were disrupted by Syria’s civil war Thanks to Brexit, the British voice counts for less at the UN 9/27/2018, 8:29:30 AM PM’s foreign policies have been submerged by Brexit, giving...
Post a Comment
Read more

Autos - SERIES 39 {10 articles}

Mercedes-Benz EQ C revealed | Drive.com.au 9/5/2018, 1:26:30 AM Mercedes-Benz reveals its first electric car - the EQ C. ✔ Initially previewed in the Generation EQ concept, it consists of two electric motors – one mounted up front powering the front wheels and another at the rear driving the rear wheels – that provide it with four-wheel drive capability, depending on the chosen driving mode Lambo owners hit with $350,000 tax bill 9/4/2018, 9:16:01 PM Lamborghini Aventador SVJ price revealed, and a big chunk goes to the tax man. ✔ So, for a car that costs $100,000 before LCT, you must pay an additional 33 per cent on its value over that $66,331 threshold, resulting in an extra $11,110 added to a price which now totals $111,110 ✔ Go behind the scenes on Drive at Facebook, Instagram and YouTube Motorists hit by highest fuel prices since 2014 with 'no end in sight' 9/5/2018, 3:23:45 AM FUEL prices are at their highest since the summer of 2014 and there is “no end ...
Post a Comment
Read more

Trade War - SERIES 225 {28 articles}

Truth also first casualty in trade war - Opinion 10/9/2018, 11:58:26 PM undefined ✔ [Photo/IC] Recently, US academic Yasheng Huang posed the question in The Wall Street Journal: Jack Ma is retiring ✔ On the supply side, the economy continues to move away from industry and toward services ✔ Meanwhile, domestic innovation hubs are expanding from Shenzhen to Shanghai and Beijing Trade war will hit China harder than US, IMF says 10/9/2018, 9:03:11 PM Chinese economy faces 1.6% haircut next year, while American losses expected at 0.9% ✔ Imported food from the U.S. is seen at a Shanghai supermarket ✔ Under President Donald Trump, the U.S. has levied tariffs on $250 billion worth of goods against China this year and has threatened an additional 25% tariff on $267 billion worth of Chinese goods Defense of supply chains must begin in Bali 10/9/2018, 10:15:11 PM World finance chiefs should protect commercial links strained by Trump's trade war ✔ It could also prevent emer...
Post a Comment
Read more

Travel - SERIES 118 {10 articles}

Heartbroken Ryan Thomas set to make millions after CBB punch row 9/10/2018, 8:53:23 PM CBB  star Ryan Thomas is laughing all the way to the bank — days after a run-in with Roxanne Pallett left him in tears. The former Corrie star has been inundated with TV offers worth millions. It i… ✔ Plus he has already pocketed a £500,000 fee for CBB ✔ PA:Press Association/PA Images 4 It is a remarkable turnaround as five years ago Ryan was bankrupt 4 Roxanne faced a grilling from CBB host Emma Willis after the false allegations The punch row so far Roxanne Pallett says she's the most hated woman in Britain in grilling by CBB host Emma Willis Emma Willis says Roxanne interview was uncomfortable as Rylan Clark-Neal brands her fake The actress is slammed by TWENTY of her ex-Emmerdale co-stars who back Ryan over the play fight row Ofcom is flooded with more than 11,000 complaints, as fans vent their anger on social media Roxanne quits the show in the early hours of Saturday...
Post a Comment
Read more

Travel - SERIES 191 {17 articles}

We Found Meghan Markle's Favorite Leather Travel Case—And It's 25 Percent Off Right Now  9/25/2018, 4:35:01 PM Shop the Duchess of Sussex's favorite travel accessory while it's majorly marked down ✔ Meghan Markle is now officially the Duchess of Sussex ✔ The zippered leather case has slots and pockets for your passport, credit cards, and boarding pass, as well as a foldaway plug set and a 32GB leather memory stick ✔ You can even add an embossed monogram for free, making for a great personalized gift idea Travel Through Time And Space To Reveal Which Doctor You Are From "Doctor Who" 9/25/2018, 5:39:55 PM "Wibbly wobbly timey wimey." ✔ Via BBC Via Getty Images Via Getty Images Did you know you can sign up for a BuzzFeed Community account and create your own BuzzFeed posts ✔ Here...
Post a Comment
Read more