Skip to main content

Trade War - SERIES 259 {16 articles}

Exxon Mobil Bets Big On China LNG, Sidesteps Trade War

10/18/2018, 3:44:12 AM
In the middle of a Sino-U.S. trade war, the world's largest publicly traded oil and gas company is turning toward Beijing for business at a time when most of Corporate America is looking elsewhere to avoid the threat of tariffs. ✔ State-run power company Guangdong Yuedian Group said on its website it will join the project ✔ BP Plc is the only other foreign oil major with a stake in a Chinese LNG terminal ✔ (Reporting by Gary McWilliams in HOUSTON and Henning Gloystein in SINGAPORE; editing by Edward Tobin) -Reuters


Exxon Mobil bets big on China LNG, sidesteps trade war

10/18/2018, 12:18:11 AM
In the middle of a Sino-U.S. trade war, the world's largest publicly traded... ✔ Next year, China will become the world’s largest importer of natural gas, and its LNG imports are forecast to rise 70 percent by 2020, from 38.1 million tonnes last year, estimates Beijing consultancy SIA Energy ✔ Our Standards:The Thomson Reuters Trust Principles


China has plenty of ammunition to fight its corner in trade war - Opinion

10/18/2018, 12:06:04 AM
undefined ✔ [Photo/VCG] Editor's note: On Sunday, CBS broadcast an interview with US President Donald Trump in which he said China does not have sufficient ammunition when talking about the ongoing trade war ✔ First, China's economic growth rate has been stabilizing between 6.7 and 6.9 percent for 12 successive quarters, signaling a prosperous economy, which in turn boosts robust consumption and incessant investment


Five things to watch: China’s third-quarter GDP

10/17/2018, 10:52:40 PM
undefined ✔ Last month China’s exports rose a stronger than expected 14.5 per cent year on year, as the country’s monthly surplus with the US reached a record $34.1bn ✔ If China’s officials are not panicking yet, what about in the next quarter ✔ So will Beijing resort to a big stimulus, as it did in 2009


Trump to nominate former Air Force general as top Asia diplomat

10/18/2018, 12:51:06 AM
U.S. President Donald Trump plans to nominate former Air Force General David Sti... ✔ Stilwell joined the Air Force in 1980 as a Korean linguist and served in South Korea before earning degrees in Asian studies and the Chinese language ✔ He also served with the Air Force in Japan, as well in a senior Asia planning role at the Pentagon and as defense attache in Beijing from 2011 to 2013 ✔ Our Standards:The Thomson Reuters Trust Principles


Tesla's VP of manufacturing is said to have left months ago - Los Angeles Times

10/17/2018, 11:48:13 PM
Tesla lost one of its senior manufacturing executives months ago, according to a person familiar with the matter, a loss that lengthens the list of departures during a harried period for the Elon Musk-led maker of electric cars. Gilbert Passin was Tesla’s vice president of manufacturing. ✔ lost one of its senior manufacturing executives months ago, according to a person familiar with the matter, a loss that lengthens the list of departures during a harried period for the electric-car maker led by Elon Musk ✔ Also on Wednesday, Tesla said it signed an agreement to secure land in Shanghai for its first factory outside the United States, pushing ahead with development as the U.S.-China trade war continues


Wall St. falls as investors eye a united hawkish Fed

10/17/2018, 8:50:55 PM
Wall Street's major indexes edged lower after a choppy session on Wednesday... ✔ The Dow Jones Industrial Average .DJI fell 91.74 points, or 0.36 percent, to 25,706.68, the S&P 500 lost 0.71 points, or 0.03 percent, to 2,809.21 and the Nasdaq Composite .IXIC dropped 2.79 points, or 0.04 percent, to 7,642.70 ✔ Our Standards:The Thomson Reuters Trust Principles


South Korea holds rates amid growth risks, trade tensions

10/18/2018, 2:09:42 AM
South Korea's central bank kept monetary policy steady on Thursday for a se... ✔ Kong Dong-rak, an economist at Daishin Securities, said the chances of a rate hike in November are higher now, adding he expects Governor Lee to give a clear hiking signal to the public during the press conference later on Thursday ✔ Our Standards:The Thomson Reuters Trust Principles


Trump won’t brand China a currency manipulator

10/18/2018, 3:30:34 AM
WASHINGTON--The Trump administration has again decided not to brand China a currency manipulator. Bu ✔ The Trump administration contends that China is using predatory practices to challenge American technological dominance ✔ The new report said America's trade deficit has continued to widen this year, partly reflecting stronger growth in the United States than many other nations, but also persistent trade and investment barriers in many economies, along with sustained undervaluation of many currencies


Mattis to seek more resilient US ties with China's military

10/18/2018, 3:19:47 AM
US defense secretary to meet Chinese counterpart in Singapore ✔ Mattis saw first hand last month how growing Sino-U.S ✔ And, should one occur, that we have the ability to manage that so it doesn't worsen ✔ I think our message will be: No single country can change international law and national norms ✔ We'll fly, sail and operate where international law allows, Schriver said


China’s growth slowdown puts private sector on the defensive

10/17/2018, 10:52:41 PM
undefined ✔ He is promoting an overseas Reit-like platform for retail investors together with Russian partners ✔ He toured Zhongwang, the aluminium extruder whose sudden burst of exports to the US single-handedly triggered the imposition of anti-dumping duties on aluminium products that presaged much of today’s trade tension


Chinese new loans rebound in September but overall credit conditions remain tight 

10/18/2018, 1:52:39 AM
China's new bank loans rebounded in September after dipping in the two previous months, central bank data showed, but overall credit conditions stayed tight in an economy chilled by an ongoing tariff war with the U.S. ✔ But the increased lending barely compensates for shrinking shadow loans, one of the major targets of regulators as they seek to curb systemic financial risks ✔ Watch: How China manages its monetary policy How China manages its monetary policy    8:31 AM ET Tue, 31 July 2018 | 01:19


Trump ditches 144-year-old postal pact that boosts Chinese retailers

10/17/2018, 8:28:07 PM
The president moves to undo a 144-year-old postal treaty that gave steep discounts to Chinese-based businesses ✔ By Danielle Paquette Danielle Paquette Reporter focusing on national labor issues Email Bio Follow October 17 at 4:01 PM President Trump moved Wednesday to withdraw from a 144-year-old international postal agreement that enables businesses in China to mail small packages to the United States at a hefty discount, an arrangement government officials said boosts foreign competitors and costs the post office roughly $170 million per year ✔ UPU Director General Bishar Hussein said in a Wednesday statement that he regrets the decision and welcomed the opportunity to talk further with U.S. officials


Cramer: The Fed may already be winning the war against inflation and needs to pause the rate hikes

10/17/2018, 10:30:55 PM
Jim Cramer points to "pockets of weakness" in the U.S. economy and questions the Federal Reserve's plans to hike rates three more times in 2019. ✔ CNBC's Jim Cramer argued on Wednesday that mixed economic data, coupled with more hawkish rhetoric from the Federal Reserve, were to blame for the stock market's volatile trading session ✔ The pin action from that downgrade crushed all of retail, Cramer noted


Cramer flags 5 industrial stocks he likes right now, including Union Pacific and Boeing

10/17/2018, 10:54:07 PM
Jim Cramer ranks the most investable stocks in the industrial space, which includes railroad operators, manufacturers and aerospace plays. ✔ The company, which makes business jets, alternative vehicles like golf carts, helicopters and defense products like drones and simulations, is positioned to benefit from U.S. military spending increases, Cramer said ✔ Hit him up! Mad Money Twitter - Jim Cramer Twitter - Facebook - Instagram - Vine Questions, comments, suggestions for the Mad Money website


A tax hike Japan can't afford

10/17/2018, 10:11:32 PM
Abe will regret proposing retrenchment just as the economic outlook is clouding ✔ You would think executives at Toyota Motor, Fast Retailing's Uniqlo chain and SoftBank have enough worries already ✔ He was given the 2018 prize for excellence in opinion writing by the Society of Publishers in Asia, for his work for the Nikkei Asian Review


>>> Open This Series
Labels:

Comments

Post a Comment

Popular posts from this blog

Fashion - SERIES 363 {17 articles}

Fashion Unzipped podcast: Samantha Cameron and Isabel Spearman on outfit disasters and redefining corporate style at No. 10 10/27/2018, 1:06:31 PM As working environments go, they don’t come much more high profile than Number 10 Downing Street - and that’s exactly where this episode’s guests honed their senses of style. ✔ As working environments go, they don’t come much more high profile than Number 10 Downing Street - and that’s exactly where this episode’s guests honed their senses of style ✔ Those infamous holiday pictures The Camerons on holiday in Portugal, 2015Credit:PA It was one of the worst things that we had to do, says Cameron Demi Rose shows off her famous curves in a red bikini in sexy new fashion shoot 10/27/2018, 12:49:12 PM DEMI Rose has shown off her famous curves for a sexy new fashion shoot. The model, 23, poses in a red bikini in front of a wooden fence as she stares directly into the camera. It’s part of he… ✔ The model, ...
Post a Comment
Read more

Disasters - SERIES 341 {10 articles}

Nikki Haley mocks Trump and Elizabeth Warren in speech a week after resigning 10/20/2018, 3:04:38 PM Ms Haley is due to leave her UN post at the end of the year ✔ There were no deaths reported among the 164 passengers and six crew members aboard the Utair Boeing 737, but the Russian health ministry said 18 people were injured ✔ After her resignation announcement, Mr Trump praised the ambassador, saying she has done a fantastic job, and that she is a fantastic person REVEALED: Photos show China HELPING with Pakistan nuclear programme amid WW3 concern 10/20/2018, 2:16:04 PM CHINA is extending its influence into Pakistan as it rushes to help the nation’s nuclear programme by building two power stations, satellite images have revealed. ✔ But the plants have been set up in an area that is extremely prone to seismic shifts as Karachi is on the cusp of three tectonic plates – the Arabia plate, the Eurasia plate and the India plate ✔ But China’s dominance comes at the expense of lo...
Post a Comment
Read more

War Countries - SERIES 54 {10 articles}

Rights group: Strike on bus in Yemen is 'apparent war crime' 9/2/2018, 4:59:12 PM CAIRO (AP) — An airstrike by the Saudi-led coalition fighting Yemen's Iran-aligned Houthi rebels in Yemen that killed dozens of people last month is an "apparent war crime," an in ✔ The coalition backing Yemen's internationally recognized government expressed regret Saturday and pledged to hold accountable those found to be responsible for the airstrike, which hit a bus carrying children in a busy market in the northern province of Saada ✔ It also pledged to coordinate with Yemen's government to compensate civilians ✔ Since March last year, the U.N.'s humanitarian aid agency has said Yemen already the Arab world's poorest country is facing the world's worst humanitarian crisis Tens of thousands gather for funeral of Ukrainian rebel leader 9/2/2018, 5:47:38 PM Alexander Zakharchenko was the highest-profile member of Moscow-backed rebels...
Post a Comment
Read more

Disasters - SERIES 282 {50 articles}

Indonesia to end search for earthquake, tsunami victims as death toll soars over 2,000 10/10/2018, 1:13:59 PM More than 80,000 people left homeless by earthquake that hit coastal city of Palu and a tsunami 3-times bigger than predicted ✔ PALU, Indonesia -- Indonesia's disaster agency said Wednesday that it only needs tents, water treatment units, generators and transport from other countries as it responds to the Sulawesi earthquake and tsunami that killed more than 2,000 people ✔ Memorials will be constructed in hard-hit neighborhoods such as Balaroa and Petobo, he said Why the Wilder Storms? It’s a ‘Loaded Dice’ Problem 10/10/2018, 2:48:02 PM Global warming is bringing an era of wilder, more dangerous rains. The good news is that we’re getting better at evacuating flood zones. The bad news is everything else. ✔ In the United States, heavy downpours in most parts of the country have increased in both intensity and frequency since 1901, a report by the National Oceani...
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