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'China, US will save relations despite trade war and sea threats'
10/31/2018, 6:44:43 AMundefined ✔ Cui Tiankai, China's ambassador to the United States ✔ According to research by the Pew Research Centre, which monitors changing attitudes around the world, almost half of Americans held unfavourable views of China in 2017 ✔ On Monday, Trump repeated his assertion that China was not not ready to strike a deal to bring an end to the costly dispute ✔ This is very confusing, and this is making things very difficult
US-China TRADE war: Trump slaps BAN on Chinese chipmaker over security concerns
10/31/2018, 4:03:45 AMDONALD TRUMP has banned US companies from working with a Chinese government-backed chipmaker as it threatens US national security, triggering further tensions between Beijing and Washington. ✔ is currently in a dispute with Jinhua, which is one of its main competitors ✔ The ban could bring the Chinese firm, which heavily relies on foreign technology, to a standstill (Image: Getty) Micron has accused the Chinese firm of stealing its trade secret but Jinjua has firmly denied the claims ✔ The export restrictions on ZTE were lifted following a new settlement by the Trump's administration
China factory growth weakest in over 2 years as slump in export orders deepens
10/31/2018, 4:01:54 AMTrade war with US eats into economy amid sagging external and internal demand ✔ China's official Purchasing Managers' Index was at 50.2 points, its lowest level since July 2016 and a touch above the 50-point mark that separates growth from contraction ✔ Washington and Beijing slapped additional tariffs on each other's goods on Sept
US Leads Equities Higher On Hopes Of US-China Trade Deal
10/31/2018, 6:53:17 AMBroad gains in the U.S. equity market boosted a measure of global stock markets on Tuesday after President Donald Trump said a "great deal" could be struck with China that would relieve fears of a growing trade war between the world's two largest economies. ✔ The rally helped turn both the S&P 500 and the Dow Jones Industrial Average once again positive for the year, though each is up less than 1 percent since the beginning of January ✔ (Reporting by David Randall; Editing by Bernadette Baum, Nick Zieminski and Dan Grebler) -Reuters Traders work on the floor of the New York Stock Exchange (NYSE) in New York, Oct. 30, 2018
Pacific trade pact to start on Dec 30 after six members ratify it
10/31/2018, 7:09:22 AMA landmark 11-member deal that will slash tariffs across much of the Asia-Pacific will come into force on Dec 30, New Zealand said on Wednesday, a rare bright spot for global commerce as the U.S.-China trade war intensifies. The deal moved forward after Australia become the sixth nation to formally… ✔ The success of the deal has been touted by officials in Japan and other member countries as an antidote to counter growing U.S. protectionism ✔ Trump's economic agenda, however, remains focused on China as a trade war between the world's two largest economies shows little sign of abating ✔ One of the countries that will benefit the most is Peru, said Vasquez
Pacific Rim trade pact dumped by Trump nears take-off
10/31/2018, 5:56:33 AMDeal reduces tariffs in economies that together amount to more than 13 percent of global GDP - a total of $10 trillion. ✔ Escalating trade war The success of the deal has been touted by officials in Japan and other member countries as an antidote to counter growing US protectionism ✔ The five member countries still to ratify the deal are Brunei, Chile, Malaysia, Peru and Vietnam ✔ Talk to Al Jazeera The new TPP trade deal: Going ahead without Trump
Countering global protectionism, Pacific trade pact nears takeoff
10/31/2018, 5:25:27 AMA landmark 11-country deal that will slash tariffs across much of the Asia-Pacif... ✔ The success of the deal has been touted by officials in Japan and other member countries as an antidote to counter growing U.S. protectionism ✔ They hope that Washington would eventually recommit to the pact ✔ Our Standards:The Thomson Reuters Trust Principles
Countering Global Protectionism, Pacific Trade Pact Nears Takeoff
10/31/2018, 6:30:18 AMThe 11-country deal that will slash tariffs across much of the Asia-Pacific will come into force at the end of December. ✔ The success of the deal has been touted by officials in Japan and other member countries as an antidote to counter growing U.S. protectionism ✔ (Reporting by Charlotte Greenfield and Praveen Menon in WELLINGTON,; Additional reporting by Colin Packham in Sydney, Yoshifumi Takemoto in Tokyo, Mitra Taj in Lima, Joseph Sipalan in Kuala Lumpur; Editing by William Maclean, Shri Navaratnam & Kim Coghill)
Business Live: Wednesday 31 October
10/31/2018, 6:05:24 AMNews views and analysis from the business world, plus market updates. ✔ It's Halloween and the tills have been ringing up and down the land it seems ✔ The taxi app giant is contesting a ruling that it's drivers should be treated as employees and therefore entitled to holiday and sick pay and employment rights ✔ We'll also have results from retailer Next, pharma giant GlaxoSmithKline and Jaguar Land Rover-owner Tata
U.S. diplomat says Taiwan future of ‘grave concern’
10/31/2018, 5:04:09 AMTAIPEI--Efforts to decide self-ruled Taiwan's future by ✔ Washington does not have diplomatic ties with Taipei, but is its main arms supplier and strongest international backer ✔ This month, Taiwan President Tsai Ing-wen vowed to boost national security and said her government would not submit to Chinese suppression ✔ Any effort to determine Taiwan's future by other than peaceful means ..
Asia stocks rise at end of grim October, on track for worst month...
10/31/2018, 7:10:20 AMAsian stocks clawed up from 20-month lows on Wednesday amid pledges by China to ... ✔ U.S. President Donald Trump said during an interview with Fox News late on Monday that he thought there could be an agreement with China on trade ✔ But he also said he had billions of dollars worth of new tariffs ready to be imposed if a deal was not possible ✔ Our Standards:The Thomson Reuters Trust Principles
China factory growth weakest in over two years, slump in export...
10/31/2018, 4:06:02 AMChina's manufacturing sector in October expanded at its weakest pace in ove... ✔ Japan on Wednesday reported weak industrial output for September partly as the Sino-U.S ✔ trade dispute weighed on its exports, while South Korea’s factory output for last month shrank the most in over 1-1/2 years ✔ Our Standards:The Thomson Reuters Trust Principles
Corporate America sticks to Republicans despite tariff worries
10/31/2018, 5:12:43 AMundefined ✔ According to the Center for Responsive Politics, $5.2bn will be spent on this year’s election, making it the most expensive midterm contest on record, propelled by a flood of cash from individual Democratic donors hoping to deliver a blow to Mr Trump
U.S. says gravely concerned by any non-peaceful means of deciding...
10/31/2018, 4:39:15 AMEfforts to decide self-ruled Taiwan's future by "other than peaceful m... ✔ The United States’ new $256-million representative office in Taiwan’s capital is an important symbol of their partnership, Christensen said, adding that Washington would keep backing Taiwan’s substantive role in the international community ✔ Our Standards:The Thomson Reuters Trust Principles
US reassures Taiwan on security as China increases threats
10/31/2018, 7:46:46 AMIn response, China warns Taipei against 'colluding with foreign forces' to disrupt stability in the Taiwan Strait. ✔ Thousands of pro-independence demonstrators gathered in Taipei earlier this month [Chiang Ying-ying/AP] The United States told Taiwan it has its back on Wednesday amid rising threats from China against the self-governing island ✔ WATCH: China's navy to hold live-fire exercises in Taiwan Strait (2:04) This month, Taiwan President Tsai Ing-wen vowed to boost national security and said her government would not submit to Chinese suppression
Gold hits over two-week low; set to end six-month losing streak
10/31/2018, 6:13:34 AMGold prices declined to a more than two-week low on Wednesday as stocks in Asia saw gains. ✔ In the wider markets, Asian stocks pulled away from 20-month lows on Wednesday, thanks to a rebound on Wall Street, although investors remained cautious ✔ Platinum rose 0.1 percent to $833.10 per ounce, while palladium climbed 0.4 percent to $1,076.99 per ounce
ASX records worst monthly fall in three years
10/31/2018, 6:09:19 AMThe Australian sharemarket has in October suffered its worst monthly fall since August 2015, with every single sector sinking into the red. ✔ It said it believed the group was capable of exceeding the broker's store rollout forecasts in the coming years and that 2019 could be the year the group company starts talking about footprint potential in pilot regions ✔ Most Viewed in Business Loading Please explain Our weekly podcast giving you insight into the stories that drive the nation
US CRACK DOWN on Chinese hacking and espionage as diplomatic tensions continue to RISE
10/31/2018, 4:27:06 AMHE US is cracking down on Chinese attempts at hacking and espionage with brand new indictments against multiple Chinese intelligence officers allegedly involved in attempts to hack US and EU aircraft engine technology. ✔ The former counsel for cyber investigations at the DoJ’s national security division and current partner at the King & Spalding law firm Scott Ferber took notice of how intelligence officers were working with apparent private-sector hackers ✔ It is believed that Mr Xu is the first MSS officer to be brought to the US to face charges
Midterm elections: A Democrats win could cost the US 'TRILLIONS' in SOCIALIST policies
10/31/2018, 4:15:27 AMUS VOTERS face higher taxes if the Democratic Party wins a majority in the US Congress at next week’s Midterm elections and keeps veering towards more socialist policies, an economy expert has warned. ✔ However, these socialist policies will be very costly if the party gains the majority in the Congress at the November 6 Midterm elections and have enough room to pass groundbreaking laws ✔ This round of vote, called midterm because it takes place half-way through the presidential mandate, will elect 35 senators and 435 people in the House of Representatives
Oil prices rise for first time in three days
10/31/2018, 7:11:44 AMBoth crude benchmarks have fallen about $10 a barrel from four-year highs reached in the first week of October, ✔ Trump said he would like to make a deal now but that China was not ready ✔ The United States has already imposed tariffs on $250 billion worth of Chinese goods, and China has responded with retaliatory duties on $110 billion worth of U.S. goods ✔ (Reporting by Aaron Sheldrick Editing by Joseph Radford and Christian Schmollinger)
Dollar at 16-month peak, yen weakens as BOJ in no hurry to exit...
10/31/2018, 5:45:17 AMThe Japanese yen edged lower against the dollar on Wednesday after the Bank of J... ✔ U.S. consumer confidence rose to an 18-year high in October, driven largely a robust labor market, suggesting strong economic growth could persist in the near term ✔ That follows last week’s data which showed the U.S. economy slowed less than expected in the third quarter ✔ Our Standards:The Thomson Reuters Trust Principles
Hong Kong shares climb following Wall Street bounce
10/31/2018, 5:50:07 AMPetroChina rises and WH Group slips after both companies report results ✔ U.S. President Donald Trump and his Chinese counterpart Xi Jinping are expected to meet at a G-20 summit in Argentina next month ✔ In the mainland, the Shanghai Composite added 1.1% even as a survey showed factory activity slowed in October ✔ The reading held above the 50-point mark that separates expansion from contraction ✔ 30 to have widened as much as five times from a year ago
Dollar at 16-month peak, yen weakens as Bank of Japan keeps monetary policy steady
10/31/2018, 6:01:27 AMThe Japanese yen slipped against the greenback on Wednesday after the Bank of Japan kept monetary policy steady and cut its price forecasts. ✔ That follows last week's data which showed the U.S. economy slowed less than expected in the third quarter ✔ The Australian dollar dipped 0.3 percent to $0.7084 after the release of tepid inflation data reinforced views that a rate increase remains a distant prospect
Baidu's fourth-quarter sales forecast misses estimates as...
10/31/2018, 4:39:02 AMChinese search engine operator Baidu Inc on Wednesday forecast lower-than-expect... ✔ A proactive effort to improve the structure of healthcare information may impact our ad revenue in the near future, said CFO Yu ✔ (The story clarifies headline to say sales forecast is below estimates, rather than sales are forecast to fall.) Our Standards:The Thomson Reuters Trust Principles
Indonesia's president unscathed by currency woes
10/31/2018, 7:54:18 AMFTCR survey shows Widodo's approval rating at record high despite economic challenges ✔ However, any rise will leave inflation within the central bank's target range of 2.5% to 4.5% ✔ Our team of researchers in these key markets combine findings from our proprietary surveys with on-the-ground research to provide predictive analysis for investors
Duterte shaken by inflation storm
10/31/2018, 5:05:03 AMFacing risk of election losses, Philippines leader must not resort to populist handouts ✔ Natural disasters, particularly Typhoon Mangkhut, which destroyed more than 250,000 tonnes of rice across the fertile lands of the northern Philippines, has contributed to shortages in a dramatic way ✔ Richard Heydarian is a Manila-based academic, columnist and author; his latest book is The Rise of Duterte: A Populist Revolt Against Elite Democracy
Wednesday briefing: Trump-Russia – FBI alerted over bid to smear Mueller
10/31/2018, 6:59:36 AMEmails suggest rightwing plot to discredit investigator … Commons Brexit vote could be multiple choice … and the lone voice of reason on Fox News ✔ Top story: Emails say woman was solicited to lie Hello, it’s Warren Murray presenting the news to help you get woke ✔ The Labour MP Chris Leslie said ministers might use a smorgasbord of resolutions to conveniently ignore the resolutions they don’t like
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