China is expected to announce slower growth in the third quarter amid its trade war with the US
10/19/2018, 1:42:30 AMChina's economy is expected to have slowed to its weakest pace since the global financial crisis in the third quarter of 2018 as the country's trade war with the U.S. put downside pressure on growth. ✔ That would be the weakest pace since the first quarter of 2009 ✔ Economists in the Reuter's poll estimated GDP grew 1.6 percent quarter-on-quarter ✔ His third-quarter GDP growth forecast for China was 6.6 percent ✔ Beijing, Zhou predicted, will keep growth stable, but there will be some struggling in the process
China's economy loses more steam
10/19/2018, 2:43:21 AMChina's economic slowdown is deepening as its trade war with the United States gets worse. ✔ That's its weakest quarterly growth since the depths of the global financial crisis in early 2009 and below economists' expectations of 6.6% ✔ It has also started coming under pressure from US tariffs on more than $250 billion of its exports ✔ Read More This is a developing story
China’s Economy Hits Slowest Pace in a Decade
10/19/2018, 2:18:00 AMSlowdowns in investment and retail sales are cooling one of the world’s most important growth engines. As the trade war with the U.S. intensifies, the downturn could get worse. ✔ Companies are complaining that they cannot get money from lenders, and a handful are defaulting on their loans ✔ Saudis Consider Blaming Intelligence Official for Killing Jamal Khashoggi Opinion: The Trump Tax Scam, Phase II Polling the 2018 Midterm Elections in Real Time
Asia stocks slip in the morning; China's economic data in focus
10/19/2018, 12:14:04 AMChina is set to release its GDP figures for the third quarter of 2018 at 10:00 a.m. HK/SIN, amid concerns surrounding the ongoing trade war between Washington and Beijing. ✔ Overnight on Wall Street, stocks saw steep declines and continued their generally poor performance for the month of October ✔ Here is a look at the data being released in the trading day ahead: China GDP for the third quarter of 2018, industrial production, fixed asset investment, retail sales at 10 a.m. HK/SIN
China's 3Q GDP growth slowest since 2009
10/19/2018, 3:50:43 AMAnalysts had expected the economy to expand 6.6 percent in the 3Q. ✔ The mounting trade war with China Thor Equities CEO Joe Sitt on the increasing U.S. trade tensions with China ✔ Second quarter sequential growth was also revised down from the previously reported 1.8 percent ✔ The two countries already exchanged tariffs on $50 billion worth of each other's goods earlier this year
China’s quarterly economic growth slows to 6.5%
10/19/2018, 2:07:56 AMundefined ✔ Trading activity, by contrast, has been relatively strong ✔ Local governments have also been encouraged to issue more bonds to fund growth-boosting infrastructure projects, countering some of the effects of a long-running crackdown on the off-balance sheet vehicles they previously used to raise funds
China's GDP growth slowed down to 6.5% in July-September
10/19/2018, 2:26:12 AMInvestment weakened as companies and cities tried to cut debt ✔ Workers are seen at the construction site of Zhangjiakou South railway station in Hebei Province, China, on Oct. 7 ✔ © Reuters BEIJING -- China's real gross domestic product grew 6.5% on the year for the July-September period, a slowdown from the previous quarter, the National Bureau of Statistics said on Friday
China economic growth slumps to weakest since 2009, demand ebbs as...
10/19/2018, 3:34:16 AMChina's economic growth cooled to its weakest pace since the global financi... ✔ FILE PHOTO: A worker puts finishing touches to an iPal social robot, designed by AvatarMind, at an assembly plant in Suzhou, Jiangsu province, China July 4, 2018 ✔ Before the data release, economists had expected China’s full-year growth to come in at 6.6 percent this year - comfortably meeting the government’s 6.5 percent target - and 6.3 percent next year ✔ Our Standards:The Thomson Reuters Trust Principles
Asia shares extend slump as global sentiment sours
10/19/2018, 1:22:15 AMStocks in Asia fell on Friday as global sentiment soured on issues ranging from ... ✔ China’s premier said this week that the country’s economic faces increased downward pressure, but said the government will take targeted measures to stabilize growth ✔ The benchmark Shanghai Composite index .SSEC touched its lowest level in nearly four years on Thursday before closing down 2.9 percent, dragged down by falling energy shares hit by cheaper oil and by widespread concern that plunging share prices could lead to a spike in margin calls ✔ [GOL/] Our Standards:The Thomson Reuters Trust Principles
Asia shares slide further as weak China growth adds to woes
10/19/2018, 3:34:15 AMAsian stocks slipped further on Friday as China posted its weakest economic grow... ✔ Shares in China, which initially extended losses after the figures were released, rallied as investors digested statements from senior regulators pledging support for private firms and companies facing liquidity problems ✔ [GOL/] Our Standards:The Thomson Reuters Trust Principles
U.S. economic policy toward China to get tougher, say economists:...
10/19/2018, 12:25:12 AMU.S. trade policy toward China over the next few years will become more confront... ✔ That brings the consensus among Fed watchers in line with the central bank’s dot plot forecasts ✔ U.S. and China trade disputes are spilling over into other areas of the bilateral relationship between the two countries ✔ Our Standards:The Thomson Reuters Trust Principles
China third quarter GDP growth slows to 6.5 percent year-on-year,...
10/19/2018, 2:23:36 AMChina's economy grew at a slower than expected pace of 6.5 percent in the t... ✔ FILE PHOTO: A worker puts finishing touches to an iPal social robot, designed by AvatarMind, at an assembly plant in Suzhou, Jiangsu province, China July 4, 2018 ✔ Recent economic data have pointed to weakening domestic demand with softness across factory activity to infrastructure investment and consumer spending, as a years-long crackdown on riskier lending and debt has pushed up companies’ borrowing costs ✔ Our Standards:The Thomson Reuters Trust Principles
Instant View: China's third quarter GDP rises 6.5 percent...
10/19/2018, 2:54:08 AMChina's third quarter economic growth slowed to its weakest pace since the ... ✔ The Australian dollar AUD=D4, seen as a liquid proxy for China demand, was steady ✔ But overall, growth has been slackening despite export strength ✔ Growth in investment and consumption has been at record lows ✔ Our Standards:The Thomson Reuters Trust Principles
Chinese stocks higher after regulator dismisses market weakness
10/19/2018, 3:41:30 AMundefined ✔ Chinese stocks reversed early losses on Friday as regulators sought to play down recent weakness and Asia-Pacific equities more broadly tracked Wall Street lower on concerns over US interest rates and the US-China trade war ✔ A series of factors including expectations for further US interest rate hikes, concerns over US-China trade tensions, worries over the Italian budget and US-Saudi relations unsettled markets on Thursday
China's September property investment slows, sales fall
10/19/2018, 3:03:09 AMGrowth in China's real estate investment eased in September and home sales ... ✔ REUTERS/Stringer A cooling market could sharply increase the downside risks to the world’s second-largest economy, which faces broader headwinds including an intensifying trade war with the United States ✔ There are already some signs of increasing caution among developers following a surge in failed land auctions due to tight liquidity and thinning margins ✔ ($1 = 6.9385 Chinese yuan) Our Standards:The Thomson Reuters Trust Principles
Oil prices edge up, but set for a weekly loss on stock build, trade row
10/19/2018, 3:29:00 AMBoth the U.S. crude futures and Brent crude futures contracts saw gains on Friday but were on track for a second consecutive weekly decline. ✔ Inventories rose sharply even as U.S. crude production slipped 300,000 barrels per day to 10.9 million bpd last week due to the effects of offshore facilities closing temporarily for Hurricane Michael ✔ In global markets, stocks in Asia fell on Friday as global sentiment soured on issues ranging from trade worries, Italy's 2019 budget, higher U.S. interest rates and growth concerns in China that led to a slump in Chinese shares in the previous session
Euro near one-week low as Italian budget raises EU political risks
10/19/2018, 3:16:44 AMThe euro held near a one-week low against the greenback on Friday following the European Commission's criticism of Italy's 2019 budget draft. ✔ The euro decline reflects the build up of political tension in the eurozone, said Sim Moh Siong, currency strategist at Bank of Singapore ✔ Wall street benchmark equity indices also tumbled more than 1.2 percent each, with technology stocks leading the pack
Euro near 1-week low as Italian budget raises EU political risks
10/19/2018, 1:42:22 AMThe euro hovered near a one-week low against the dollar on Friday as the Europea... ✔ The euro decline reflects the build up of political tension in the eurozone, said Sim Moh Siong, currency strategist at Bank of Singapore ✔ The next support for the euro is at 1.1430, a break of which can take us down to 1.13, added Sim ✔ Our Standards:The Thomson Reuters Trust Principles
Oil prices edge up, but set for weekly loss on stock build, trade row
10/19/2018, 1:42:19 AMOil prices nudged higher on Friday but were set for a second weekly drop amid hi... ✔ [EIA/S] Inventories rose sharply even as U.S. crude production slipped 300,000 barrels per day to 10.9 million bpd last week due to the effects of offshore facilities closing temporarily for Hurricane Michael ✔ Our Standards:The Thomson Reuters Trust Principles
U.S. asks for WTO panel over metals tariff retaliation
10/19/2018, 3:12:32 AMWASHINGTON/OSLO--The United States is requesting that a World Trade Organization dispute resolution ✔ The dispute marks a new dimension to the ongoing skirmish between the United States and a number of its trading partners as well as the WTO itself, where it has blocked appointments of new judges ✔ On Tuesday, EU trade chief Cecilia Malmstrom held talks with Ross in Brussels on improving trade relations, though Washington accused the bloc of moving too slowly in negotiations
Asia-Pacific stocks follow Wall St down over rates, trade worries
10/19/2018, 3:57:32 AMundefined ✔ Friday 03.20 BST What you need to know China quarterly economic growth slows to 6.5% Asia-Pacific stocks follow Wall Street lower Renminbi steady, Chinese stocks pick up from poor start Oil prices nudge higher Overview Asia-Pacific stocks fell on Friday, tracking falls on Wall Street amid continuing concerns over US interest rates and trade tensions, while figures from China showed the slowest pace of economic growth in almost a decade ✔ That combination prompted a sell-off on Wall Street overnight, with the S&P 500 ending 1.4 per cent lower and the Nasdaq Composite closing down 2.1 per cent
Rising fuel prices could hurt SUV sales | Drive.com.au
10/19/2018, 12:22:06 AMToby Hagon reports that Jaguar boss, Dr Rald Speth, claims increasing fuel prices could slow down sales of SUVs ✔ But that’s only part of the challenge for modern car makers, all of which are gearing up for an onslaught of autonomous and electric technologies ✔ As well as the billions of dollars being poured into those emerging technologies, Dr Speth said everything from the US/China trade war to the rise of ride sharing was challenging the industry ✔ Let's start a personal and meaningful conversation! Leave a comment (Get advice from an expert)
>>> Open This Series
Comments
Post a Comment