AMD earnings: It’s all about trade wars and bleeding market share from Intel
10/20/2018, 12:13:58 PMNow that shares of Advanced Micro Devices Inc. have fallen back to earth slightly, investors get the opportunity to decide whether the current trade war climate had impinged upon the chip maker’s ability to capitalize of the misfortunes of its competitors. ✔ Stock movement: AMD shares have been on a volatile roller-coaster ride after the company reported its best earnings in seven years in it previous report, rallying to peak at a 12-year high of $34.14 in mid-September, capping an impressive five-month, 200% surge, to then fall more than 30% to current levels
General Motors China Sales Go Into Reverse As Market Stalls
10/20/2018, 3:29:11 PMGeneral Motors Co’s quarterly sales in China fell for the first time in over a year, hit by faltering economic growth and a wider slowdown in the world’s biggest auto market amid a whipsawing trade war with the United States. ✔ GM has been shifting its Buick cars to a new type of more efficient three-cylinder engine to meet emissions targets, which Chinese dealers told Reuters had hit sales because consumers were not yet convinced by the smaller engines ✔ Reuters Reporting by Adam Jourdan, Norihiko Shirouzu and Yilei Sun; Editing by Muralikumar Anantharaman and Himani Sarkar General Motors has invested heavily in self-driving car technology
Chinese broadens its propaganda drive to heartland America
10/20/2018, 1:35:11 PMOMAHA, Neb. (AP) — China's propaganda machine has taken aim at American soybean farmers as part of its high-stakes trade war with the Trump administration. The publication last month of a four-page advertising section in the Des Moines Register opened a new battle line in China's effort to break the administration's resolve. U.S. farmers are a key political constituency for Trump, and Beijing has imposed tariffs on American soybeans as retaliation for Trump's tariffs on hundreds of billions in Chinese imports.
Chinese premier tells European, Asian leaders Beijing will continue...
10/20/2018, 10:59:13 AMChinese Premier Li Keqiang said at a meeting between Asian and European leaders ... ✔ FILE PHOTO: Chinese Premier Li Keqiang arrives at the ASEM leaders summit in Brussels, Belgium October 19, 2018 ✔ He said China will continue to move toward a market-oriented exchange rate, will not engage in competitive devaluation, and that the yuan can remain basically stable at a reasonable level ✔ Our Standards:The Thomson Reuters Trust Principles
There’s still only one winner in the growth versus value fight
10/20/2018, 10:08:05 AMundefined ✔ Just as in the world of fashion, styles come and go in markets ✔ The poor performance of equities outside the US could suggest we are closer to a recession than many economists think ✔ The scope for rapid readjustment today is highlighted by current portfolio positioning
Exclusive: U.S. weighs new warship passage through Taiwan Strait
10/20/2018, 5:00:16 AMThe United States is considering a new operation to send warships through the Ta... ✔ U.S.-CHINA FLASHPOINTS Taiwan is only one of a growing number of flashpoints in the U.S.-China relationship, which also include a bitter trade war, U.S. sanctions and China’s increasingly muscular military posture in the South China Sea ✔ Our Standards:The Thomson Reuters Trust Principles
Prabowo wants to 'make Indonesia great again'
10/20/2018, 6:14:33 AMIndonesian presidential candidate Prabowo Subianto has borrowed a line from Donald Trump - or has he? ✔ Back in March, Australian National University Indonesia expert Dr Marcus Mietzner told Fairfax Media that Prabowo was a Trump-like figure: impulsive, populist, erratic and with authoritarian tendencies ✔ Maybe then they would have a chance, to paraphrase another Trumpism, of winning so much they'll get tired of winning
Talk is Cheap: Jawboning Won't Revive China's Slowing Economy
10/20/2018, 2:13:43 PMThe special Sino Saturday edition by Clay Chandler. ✔ The company provides software for AV development, offering products geared towards driving on freeways, in urban areas and a valet parking service ✔ Reuters This edition of CEO Daily was edited by Eamon Barrett ✔ Find previous editions here, and sign up for other Fortune newsletters here
China is misreading Western populism
10/20/2018, 8:43:51 AMThe leaders of the People’s Republic sometimes lose sight of people ✔ It upbraids America for refusing to sell China pricey bits of sensitive high technology, which would close the trade deficit nicely ✔ They justify one-party rule by pointing to such achievements as economic growth and social stability ✔ They should respect the forces that he rode to victory, which were building for years
[VIEW] China's ASEAN policy is worrisome
10/20/2018, 2:00:50 AMundefined ✔ If the U.S. wants to deny China exclusive rights to the Indo-Pacific region, then it needs to demonstrate a robust policy of economic and geopolitical support for Southeast Asia ✔ Sukjoon Yoon is a Navy Captain, Republic of Korea Navy (retired), and is a senior fellow of the Korea Institute for Military Affairs (KIMA.)
US midterms: The House of Representatives races you need to watch
10/20/2018, 4:00:26 AMWith the Democratic Party vying to take back Congress, Al Jazeera breaks down the key House races you need to watch. ✔ A woman holds a sign encouraging voters during the Women''s March rally in Las Vegas, Nevada [File: Steve Marcus/Reuters] The Democratic Party is vying to take control of Congress in the upcoming US midterm elections, with several races for House of Representative seats heating up as election day nears ✔ Healthcare has dominated the local debate in the lead-up to the midterm vote, and FiveThirtyEight estimates that Democrats have a five-in-nine chance of taking back the district
Emerging Markets Roundtable: Today’s Pain Could Be Tomorrow’s Gain
10/20/2018, 12:51:04 AMEmerging-market stocks have skidded, but opportunities await in China, India, Mexico, and Brazil. ✔ Sharma: Outside of the megacap technology stocks and the biggest countries, everything has been pulverized and neglected ✔ A slowdown in Chinese consumptionsigns of which we are beginning to seewould impact global companies like Nike [NKE] or Adidas [ADS.Germany], while a slowdown in Chinese tourism would slow the growth of Japanese companies we own
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