Skip to main content

Trade War - SERIES 227 {12 articles}

LVMH and luxury shares slide as China concerns linger

10/10/2018, 7:59:31 AM
Shares in LVMH fell in early trading on Wednesday even as its all-important fash... ✔ Falls in the yuan have also added to concerns that shoppers will lose purchasing power ✔ I think the market is in sell the news mode, anticipating a looming slowdown due to the trade war, a trader in Geneva said ✔ Our Standards:The Thomson Reuters Trust Principles


China September exports seen slowing further as U.S. tariffs bite:...

10/10/2018, 5:44:37 AM
China's export growth is expected to have further slowed in September, weig... ✔ STALLING FACTORY GROWTH Growth in China’s factory sector in September stalled after 15 months of expansion, with export orders falling the most in more than two years, a private business survey showed ✔ Our Standards:The Thomson Reuters Trust Principles


Mnuchin warns China against competitive devaluations of renminbi

10/10/2018, 4:51:02 AM
undefined ✔ While he struck an upbeat tone about the US economy amid continued above-trend growth, Mr Mnuchin highlighted specific risks stemming from Europe ✔ If there are prohibited transactions going through Swift or any other entity we will make sure we enforce our sanctions vigorously


Fast Europe Open: UK GDP, Norway inflation

10/10/2018, 6:06:30 AM
undefined ✔ In the markets, Asia-Pacific equities were choppy, while US Treasury yields held steady even though concerns over a weaker outlook for global growth sent US stocks lower overnight ✔ Futures tipped the FTSE 100 and the S&P 500 to open flat ✔ 07.00: Norway consumer and producer price indices 07.45: France industrial production  09.00: Italy industrial production  09.30: UK gross domestic product, industrial production


Business Live: Wednesday 10 October

10/10/2018, 5:10:36 AM
All the day's business news and views from the UK and beyond, as it happens. ✔ China wants to make a deal, and I say they’re not ready yet, Trump said ✔ Four of the UK’s biggest banks and six top law firms have agreed to bring in measures to tackle mental health problems at work ✔ So how much of a problem is depression and anxiety for employees today ✔ And the Office for National Statistics (ONS) will publish the latest UK GDP figures for August at 09:30


Peninsula peace moves: 'Trump or Kim Jong-un? No, combination of 3'

10/10/2018, 7:13:38 AM
undefined ✔ Then, they are combined with the Trump factor, which is creating a virtuous cycle so far ✔ He said it is too premature when asked whether all three deserve a Nobel Peace Prize ✔ The two talked about a multi-polar world order in which the big players reach a balance of power


Investors brace as China renminbi slips towards 7 against dollar

10/10/2018, 6:01:28 AM
undefined ✔ While the trade war is damping investor sentiment, economic issues are exacerbating the renminbi’s weakness against the dollar ✔ The breaking of 7.0, we believe, is more likely to be an early 2019 story ✔ The renminbi’s slump in August 2015 dealt a blow to global stock markets and commodity prices


Weaker Asian currencies fail to lift manufacturers' exports

10/10/2018, 7:08:00 AM
September PMI survey shows rising purchase cost remains key threat to the region ✔ The recent resilience in Asian exports is unlikely to last ✔ Taiwan's New Export Orders Index also dropped to 47.3 in September, the first contraction since May 2016 ✔ Japan's manufacturing sector topped the list at 52.5, followed by India's manufacturing sector at 52.2


Dollar rally pauses, but stays solid on U.S. economy, Fed outlook

10/10/2018, 4:19:45 AM
The dollar slipped further from seven-week highs on Wednesday although underlyin... ✔ Yields on the benchmark 10-year Treasury paper stood at 3.21 percent on Wednesday, after hitting a seven-year top of 3.261 percent overnight ✔ The rising U.S. bond yields have obviously provided support to the dollar, said Yukio Ishizuki, senior currency strategist at Daiwa Securities in Tokyo ✔ Our Standards:The Thomson Reuters Trust Principles


Global Financial Stability Risks Rising With Trade Tensions, IMF Says

10/10/2018, 6:23:26 AM
Risks to the global financial system have risen over the past six months and could increase sharply if pressures in emerging markets escalate or global trade relations deteriorate further, the International Monetary Fund said Wednesday. ✔ In the report, the IMF said economic growth appears to have peaked in some major economies while the gap between advanced countries and emerging markets was widening ✔ (Reporting by Lindsay Dunsmuir and David Lawder; Editing by Andrea Ricci & Shri Navaratnam) -Reuters


Some Hong Kong lawmakers walk out of policy address over media...

10/10/2018, 6:39:47 AM
Some Hong Kong lawmakers walked out of the Legislative Council as city leader Ca... ✔ REUTERS/Bobby Yip Authorities in mainland China routinely restrict people’s ability to engage in peaceful advocacy and public discussions on grounds of ‘national security’ by using this vaguely and broadly defined concept as a pretence to place unjustified restrictions on the exercise of these freedoms, Amnesty International wrote in a statement


China's assault on Hong Kong's freedoms threatens city's global role

10/10/2018, 5:08:43 AM
Journalist's de facto expulsion sends shivers through media, finance and business communities ✔ Recent developments underscore the reality of modern China, where unprecedented strength runs parallel with heightened fear of showing weakness; even as the country becomes increasingly assertive on the global stage and clashing openly with the United States, it is also growing steadily more nationalistic and repressive at home ✔ AmCham, in a statement, said; A free press is a core component of Hong Kong's success ✔ Richburg, a former foreign editor of The Washington Post, is director of Hong Kong University's Journalism and Media Studies Center


>>> Open This Series
Labels:

Comments

Post a Comment

Popular posts from this blog

Fashion - SERIES 316 {14 articles}

Shanghai Fashion Week: The new 'made in China' 10/18/2018, 2:55:06 AM By now, it's clear that every global fashion brand wants to harness the massive spending power of China's urban middle class. But Shanghai Fashion Week suggests that there's also a growing force of domestic talent ready to tip the scales. ✔ By now, it's clear that every global fashion brand wants to harness the massive spending power of China's urban middle class ✔ Highlights here included a thought-provoking exhibition, New China Chic: A Fusion of East and West, which featured the mixing of plaid and Asian-inspired prints from LVMH Prize nominee Snow Xue Gao Chinese style delights Shanghai S/S Fashion Week 10/18/2018, 2:01:29 AM A model displays a new creation at the fashion show of Ji Cheng during the Shanghai Fashion Week Spring/Summer 2019 in Shanghai, China, Oct 17, 2018. [Photo/IC] ✔ Chinese dancer Jin Xing displays a new creation at the fashion show of Ji Cheng during th...
Post a Comment
Read more

Trade War - SERIES 257 {18 articles}

The Midwest economy is about to get pummeled again 10/17/2018, 9:44:57 AM Manufacturing jobs growth has already stalled, and the trade war will make it worse. ✔ The Rust Belt is full of households and communities who ignored decades-old trends ✔ The main players, Donald Trump, Bernie Sanders and Hillary Clinton, spoke easily about the evils of trade, wholly misrepresenting facts ✔ And, in an underappreciated farewell speech, President Obama made it quite plain ✔ We Want to Hear from You Join the conversation Comment Apple Suppliers ‘Cautious’ About Orders For iPhone XR, Flagship Models 10/17/2018, 9:04:06 AM Apple’s Taiwan-based suppliers remain cautious about orders for the new iPhones because of the ongoing trade war between the U.S. and China. ✔ Industry sources disclosed to Digitimes Tuesday that Apple’s iPhone suppliers in Taiwan have opted to remain cautious about unit orders from the Cupertino giant even though the iPhone XR is scheduled to launch in the second ...
Post a Comment
Read more

Disasters - SERIES 284 {36 articles}

WATCH: Startling map shows 85mph gale force winds as Storm Callum hits UK on Friday 10/10/2018, 8:30:31 PM STORM Callum will batter Britain with 85mph gale force winds and more than 36 hours of heavy rain starting from Friday, a shocking map reveals. ✔ Storm Callum: Map shows UK set to be battered by 85mph winds on Friday (Image: WXCHARTS) A spell of windy weather is expected on Friday, which has the potential to cause some disruption Andy Page Flood warnings have also been put in place, with officials warning several road closures across the affected regions BREAKING: Tsunami fears after 6.8 earthquake strikes Pacific Ring of Fire 10/10/2018, 11:55:22 PM THERE are fears of a tsunami after a 6.8 magnitude earthquake struck the Pacific Ring of Fire. ✔ DS RING OF FIRE: A 6.8 earthquake has struck off the Kuril Islands in eastern Russia (Pic: DS) The quake struck south of the Kuril Islands off the eastern coast of Russia, close to Japan Papua New Guinea earthqu...
Post a Comment
Read more

Trade War - SERIES 258 {10 articles}

US says EU moving too slowly in trade talks 10/17/2018, 4:34:40 PM BRUSSELS (AP) — U.S. Secretary of Commerce Wilbur Ross says the European Union is moving too slowly in trade talks and is warning that President Donald Trump's patience with the Europeans might soon run out. Trump and EU Commission President Jean-Claude Juncker agreed in July to start talks intended to achieve "zero tariffs" and "zero subsidies" on non-automotive industrial goods, in an effort to avert a possible trade war. Ross told reporters in Brussels Wednesday that "we really need tangible progress. The president's patience is not unlimited." Tesla secures land for Shanghai factory with $140m investment 10/17/2018, 4:03:11 PM Company to lease 210-acre site in Pudong for 50 years ✔ meters of land in Shanghai's Pudong district for five decades ✔ In addition to a gigafactory for automobile batteries, the site will house facilities for producing motors and other co...
Post a Comment
Read more

Trade War - SERIES 238 {19 articles}

Talks between EU, U.S. don't point to trade war: Germany's Scholz 10/12/2018, 1:40:56 AM Trade talks between the United States and the European Union have been "sen... ✔ REUTERS/Hannibal Hanschke Finance ministers and central bankers from across the world are arriving in Indonesian resort of Bali this week for the International Monetary Fund’s annual meetings ✔ The gathering comes amid an escalating trade dispute between the United States and China, financial jitters in some emerging economies and worries about Italy’s public finances ✔ Our Standards:The Thomson Reuters Trust Principles 'Prominent' risk: RBA warns trade war a growing threat to the economy 10/12/2018, 2:10:41 AM The risks of international shocks hitting Australia's otherwise resilient financial system are growing, the Reserve Bank warned on Friday. ✔ While the RBA said that this debt appears mainly to be owned by those able to repay it, there is the risk that highly indebted house...
Post a Comment
Read more