Robot market growth slows as trade war hits industrial spending:...
10/18/2018, 5:49:17 AMAn escalating trade war between the United States and China has dampened manufac... ✔ But global demand for smartphones, semiconductors and autos have been solid, and the time will eventually come that they can wait no longer and will resume investment to meet the demand ✔ ($1 = 112.5100 yen) Our Standards:The Thomson Reuters Trust Principles
TSMC third-quarter profit slips 0.9 percent amid trade war uncertainty
10/18/2018, 6:21:06 AMTaiwan Semiconductor Manufacturing Co Ltd (TSMC) <2330.TW>, the world's lar... ✔ And semiconductor industry bellwether ASML Holding NV (ASML.AS), a supplier to TSMC, posted better-than-expected third quarter results and gave a bullish outlook on Wednesday, helping assuage fears of slackening demand ✔ ($1 = 30.9330 Taiwan dollars) Our Standards:The Thomson Reuters Trust Principles
Asia stocks falter as China knocked by renewed trade war fears
10/18/2018, 6:02:30 AMChina's benchmark stock index skidded to four-year lows and dragged Asian e... ✔ The euro changed hands at $1.1496, holding steady versus the greenback, after losing 0.65 percent on Wednesday ✔ The euro has lost just under 3 percent of its value versus the dollar over the last three weeks ✔ Our Standards:The Thomson Reuters Trust Principles
Canada seeks Australia's help on trade war, but US and China not invited
10/18/2018, 5:13:30 AMCanada is pushing to strengthen dispute resolution and modernise the WTO and has invited Australia, among others, to a meeting dubbed the "save the WTO summit". ✔ World Asia Trade Canada seeks Australia's help on trade war, but US and China not invited By Kirsty Needham18 October 2018 4:08pm Normal text sizeLarger text sizeVery large text size Beijing: Australia has been called on by Canada to help save the WTO, with the Morrison government preparing to attend a meeting next week that deliberately excludes trade war combatants the United States and China ✔ Trudeau said this week he wouldn't let politics slip into Canada's decision on whether it will allow Chinese company Huawei to participate in Canada's 5G network
Japan exports down for first in 22 months
10/18/2018, 4:49:24 AMSeptember shipments hit by airport closure and trade war ✔ TOKYO -- Japan's exports recorded their first on-year drop for 22 months in September, after a major typhoon crippled the main airport in the west of the country and the trade war between Washington and Beijing affected exports to China ✔ A recovery is expected in the coming months as operations have resumed at Kansai Airport
China may 'ease up' on sanctions against North Korea as the trade war drags on
10/18/2018, 4:20:46 AMAs U.S. president Donald Trump continues to put economic pressure on China, Beijing will be less motivated to be strict in its enforcement of sanctions against North Korea, Eurasia Group's Scott Seaman said. ✔ Even if U.S. keeps sanctions in place which is the expectation there is a lot of room for China, Russia and other countries to simply ease up on enforcement, Seaman said ✔ 8:18 AM ET Thu, 16 Nov 2017 | 05:00 CNBC's Saheli Roy Choudhury and Nyshka Chandran contributed to this report
WTO warns trade war threatens 'millions of jobs', as China's stocks slide again - business live
10/18/2018, 7:11:53 AMAll the day’s economic and financial news, as the World Trade Organisation rails against protectionism ✔ Currently, the US imposes tariffs on $250bn of Chinese imports, as it tries to force Beijing to change its trade policies ✔ The agenda: 9.30am BST: UK retail sales figures for September 1.30pm BST: US weekly initial jobless data Updatedat 3.02am EDT
In US midwest, could farmers' fury spell trouble for Trump?
10/18/2018, 6:51:21 AMFew have been hit as hard by Donald Trump's trade war with China than US farmers, with retaliatory tariffs from Beijing threatening their livelihoods. Now, with the midterms approaching, are Trump and the Republican party about to pay the price? ✔ Farmer Doug Shroeder says soybean farmers 'are probably the biggest losers in this trade war' ✔ Whether Republican or Democrat, that may be a message worth listening to for candidates hoping for victory at the ballot box in rural America this November 6
Japan exports fall in September, first decline since 2016
10/18/2018, 4:22:13 AMJapan recorded a trade surplus for September of 139.6 billion yen ($1.2 billion), but exports fell 1.2 percent from the previous year in the first decline for the world's third largest economy since 2016. A series of natural disasters took a toll, but the lag in exports also reflects uncertainties… ✔ During the month, a major earthquake hit the northernmost island of Hokkaido, causing fatal landslides and widespread blackouts, while a typhoon struck the western Kansai area and temporarily shut down a major airport ✔ The last time Japan's exports fell on-year was in November 2016, when they slipped 0.4 percent, data show ✔ This material may not be published, broadcast, rewritten or redistributed.
South Korea holds rates but leaves door open for November hike
10/18/2018, 5:08:50 AMSouth Korea's central bank kept its benchmark rate unchanged on Thursday bu... ✔ The December contract on South Korea’s three-year treasury bond futures KTBc1 fell 0.04 points to 108.43 after the press conference, a sign markets were pricing in a rate hike this year ✔ South Korea’s policymakers have voiced concerns about a debt-binge in the private sector ✔ Our Standards:The Thomson Reuters Trust Principles
Trade off: China soybean imports set for biggest drop in 12 years...
10/18/2018, 4:12:46 AMChina's soybean imports are set to drop by a quarter in the last three mont... ✔ The landed cost of U.S. beans in China is currently similar to Brazilian soybeans even with the 25-percent tariff, but Chinese crushers are reluctant to take U.S. supply as they fear authorities may not approve cargoes and that tariffs could climb further
Short positions on most Asian currencies drop; dollar momentum seen...
10/18/2018, 7:43:38 AMShort positions on most Asian currencies were seen unwinding over the past two w... ✔ Short positions on the Chinese yuan CNY=CFXS rose slightly, with the currency touching its weakest levels in 21 months on Thursday, as a trade war with the United States continued to hurt sentiment ✔ Strong Chinese export data did little to deter yuan shorts, as market participants believe that the real brunt of U.S. tariffs on Chinese goods is yet to be felt ✔ Our Standards:The Thomson Reuters Trust Principles
Asia-Europe trade talks eclipsed by Brexit and protectionism
10/18/2018, 4:40:55 AM51-leader summit in Brussels comes as the future of the UK is decided ✔ A man waves a European Union flag in London before the Brexit vote in 2016 (Photo by Ken Kobayashi) JAKARTA -- Inconclusive negotiations in Brussels over the U.K.'s departure from the European Union are set to overshadow crucial trade talks between 51 Asian and European leaders in the Belgian capital this week ✔ Increased commerce between the two blocs could help offset any fallout from the trade war's impact on U.S.- or China-focused supply chains, many of which wind through Southeast Asia
ASX closes flat on mixed day of trading
10/18/2018, 6:36:43 AMAustralian shares closed the session flat on Thursday following a mixed day of trading on the market. ✔ It said the valuation on CSL suggested its 2018 financial year growth rates remain long term ✔ William McInnes Twitter William is a UTS journalism graduate and has worked at The Sydney Morning Herald ✔ Most Viewed in Business Loading Please explain Our weekly podcast giving you insight into the stories that drive the nation
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