Skip to main content

Trade War - SERIES 323 {14 articles}

China stocks gain on trade war hopes

11/2/2018, 6:42:02 AM
It follows possible signs of progress on resolving a bitter trade battle between the US and China. ✔ Skip Twitter post by @realDonaldTrump Just had a long and very good conversation with President Xi Jinping of China ✔ Separately, the South China Morning Post - also citing unnamed sources - reported that Mr Trump had offered to host a dinner for the Chinese president after the G20 summit


Japan carmakers’ weapon in trade war: Flexible factories

11/2/2018, 4:14:28 AM
SMYRNA, Tennessee--At points along the assembly line at Nissan Motor Co.’s largest U.S. factory, wor ✔ ‘PEOPLE ARE MORE FLEXIBLE’ Using one assembly line to build a variety of different body styles requires careful coordination that starts with the engineers who design the vehicles, and extends to the construction of the tools used to weld and assemble them


Wine industry could be next victim of US, China trade war

11/2/2018, 4:42:35 AM
In April, taxes on U.S. wines sold in China rose nearly 20 percentage points to 66 percent from 48.2 percent. ✔ Chile and New Zealand already struck free-trade deals with Beijing ✔ Although Chinese demand for wine has been steadily growing – U.S. wine exports to China and Hong Kong have climbed by 450 percent in the past decade  – American wine exports to China fell more than 4 percent in January through August, compared with the prior year ✔ On Thursday, President Trump said in a tweet that he had a long and very good conversation with Chinese President Xi Jinping with a heavy emphasis on trade


Asia stocks jump on hopes of a deal in the US-China trade war

11/2/2018, 6:45:31 AM
Asian stocks surged Friday on optimism about a potential ceasefire in the trade war between the United States and China. ✔ MUST WATCH Hong Kong (CNN Business)Asian stocks surged Friday on optimism about a potential ceasefire in the trade war between the United States and China ✔ Trump later posted on Twitter that talks were moving along nicely ✔ Read More China's beaten down currency, the yuan, also rose almost 0.3% against the dollar amid the buoyant mood


Trump has reportedly asked officials to draft a possible trade deal with China

11/2/2018, 5:40:05 AM
U.S. President Donald Trump has asked key officials in his administration to start drafting the terms of a possible trade deal with China, Bloomberg reported, citing four unnamed sources familiar with the matter. ✔ A major remaining issue is intellectual property theft by Chinese companies, one of the sources told Bloomberg, which reported that multiple agencies are involved in the effort ✔ He added that those discussions are moving along nicely ahead of planned face-to-face meetings at the G-20 summit in Argentina later this month ✔ Read more about the new U.S.-China trade war development on Bloomberg


Global shares rally, dollar eases as Trump report fans U.S.-China...

11/2/2018, 7:27:50 AM
Asian shares rocketed to three-week highs on Friday while the dollar softened on... ✔ On Thursday, the Dow Jones Industrial Average and the S&P 500 each gained 1.06 percent while the Nasdaq Composite rallied 1.75 percent.[.N] A combination of bargain-hunting following steep losses in equities last month and some strong corporate earnings have helped power Wall Street’s bounce


Shares soar as Trump hints at possible US-China trade deal

11/2/2018, 6:28:15 AM
The president’s positive remarks about a call with Xi Jinping, and a report that he has asked officials to draw up terms, lift battered markets ✔ There was a also a strong gain of 3% for the export-oriented Kospi index in South Korea ✔ While we are still cautious over a full resolution of recent tensions in the medium term, resumption of dialogue between Washington and Beijing would be good enough to investors for now, he told Bloomberg


China equities jump on sign of thaw Trump-Xi relations

11/2/2018, 5:10:40 AM
undefined ✔ Tencent’s resurgence has helped put the Hang Seng index on course for its best week since February this year, as the index is poised to post a weekly gain of more than 5 per cent ✔ Sue Trinh, head of Asia FX strategy at Royal Bank of Canada, said Mr Trump’s comments came as the US justice department is stepping up actions against China in cases of suspected economic espionage


Bond funds hit by biggest monthly withdrawals in almost 3 years

11/2/2018, 5:10:54 AM
undefined ✔ Within the broad bond fund category, US bond funds suffered net outflows of more than $13bn, while political and economic uncertainty helped to drive $9bn from Europe-focused funds ✔ The rolling global market rout of October sent ETF trading volumes spiralling higher, with just US ETF volumes averaging more than $11bn a day last month, according to BlackRock


Yen falls, Australian dollar gains as U.S.-China trade angst eases

11/2/2018, 6:12:21 AM
The safe haven yen slipped and the Australian dollar extended its rally on Frida... ✔ Long-term U.S. yields have established a firm foothold above 3 percent, providing a strong backdrop for the dollar, said Junichi Ishikawa, senior FX strategist at IG Securities in Tokyo ✔ And if the jobs report proves to be robust, we could see the dollar bounce back from recent losses and resume its rise ✔ Our Standards:The Thomson Reuters Trust Principles


Asian shares jump, yuan firms as Trump report fuels hopes of...

11/2/2018, 5:58:37 AM
Asian shares jumped to three-week highs on Friday and U.S. equity futures reboun... ✔ REUTERS/Beawiharta MSCI’s broadest index of Asia-Pacific shares outside Japan extended morning gains and was up 2.5 percent by early afternoon at its highest level since Oct. 10 ✔ Hon Hai Precision Industry Co gained 1.3 percent, and Taiwan Semiconductor Manufacturing Co added 0.2 percent ✔ Tech rival Samsung Electronics Co Ltd also rallied, rising 3.2 percent ✔ Our Standards:The Thomson Reuters Trust Principles


Trump and China's Xi Jinping have led their nations into a dark new era of strategic competition — and no one on either side knows where the lights are

11/2/2018, 6:48:53 AM
Former Australian prime minister Kevin Rudd says the US and China are headed for conflict. ✔ China was delighted when Trump took took shots at US-led global institutions, which allowed Beijing to make its own unilateral moves ✔ We talked about many subjects, with a heavy emphasis on Trade, Trump wrote ✔ Those discussions are moving along nicely with meetings being scheduled at the G-20 in Argentina ✔ So, its time to wake up and smell the communism, Kevin


China’s muted stimulus dents hope of jolt to global markets

11/2/2018, 4:11:06 AM
undefined ✔ The watchdog promised to enhance market liquidity, but the phrase appeared to refer to reducing trading restrictions rather than a commitment to deploy public funds ✔ Last time the government directly injected funds into the stock market ✔ Additional reporting by  Yizhen Jia in Shanghai


Samsung and Huawei locked in mobile industry's prize fight

11/2/2018, 7:28:02 AM
Battle of smartphone giants will be fought with foldable technology ✔ Samsung has a lot of hardcore technologies such as memory chips and displays, said one Huawei engineer ✔ It is still far too early to tell who will emerge triumphant from this latest battle ✔ Randy Abrams, an analyst at Credit Suisse, believes that both Asian companies want to innovate and both have the capability to win


>>> Open This Series
Labels:

Comments

Post a Comment

Popular posts from this blog

War Countries - SERIES 204 {12 articles}

World War 3: Syria accuses Israel of ‘SUPPORTING TERRORISTS’ in south as tensions escalate 9/30/2018, 2:17:55 AM SYRIA holds Israel responsible for supporting terrorist groups in the country’s southern regions through “military intervention” and for launching a series of attacks in the Middle Eastern nation, Syrian Foreign Minister Walid Muallem has claimed. ✔ Almost two weeks ago the leaders of Russia and Turkey agreed to establish a demilitarised zone in the Syrian province of Idlib, the last major enclave held by rebels opposed to Syrian President Bashar al-Assad ✔ We reserve the right to take commensurate measures in response World War 3: North Korea 'WILL NOT' denuclearise as Kim Jong-un DOES NOT trust Trump 9/30/2018, 1:59:00 AM NORTH Korea’s Foreign Minister said there is “no way” Kim Jong-un will denuclearise while the US continues to brutalise the reclusive nation with crippling sanctions. ✔ Kim Jong-un’s state has repeatedly appealed for UN and US sanct...
Post a Comment
Read more

Disasters - SERIES 58 {15 articles}

Hurricane Lane vs Kilauea: What happens when a tropical storm meets a volcano? 8/30/2018, 7:11:13 PM HAWAII’s Big Island was submerged under at least 40 inches of rainfall last week as Hurricane Lane caused flash floods and landslides. Big Island’s Mount Kilauea has also wreaked havoc this year after a series of eruptions and earthquakes, but what happens when a tropical storm meets a volcano? ✔ In 1998, Hurricane Mitch dumped huge quantities of rain on the Casita volcano in Nicaragua, triggering mudflows that wiped out several villages and took more than 2,000 lives ✔ The lack of lava seems to suggest the volcano is slowing down in its seismic activity Indonesia hit by ANOTHER huge earthquake as region reels from deadly tremors 8/30/2018, 4:43:28 PM A POWERFUL earthquake has rocked an Indonesian island, according to reports. The magnitude 5.2 quake has been recorded at 3.21pm local time about 200 miles northwest of Jayapura Republic of Indones… ✔ A POWERFUL earthquake ha...
Post a Comment
Read more

Trade War - SERIES 257 {18 articles}

The Midwest economy is about to get pummeled again 10/17/2018, 9:44:57 AM Manufacturing jobs growth has already stalled, and the trade war will make it worse. ✔ The Rust Belt is full of households and communities who ignored decades-old trends ✔ The main players, Donald Trump, Bernie Sanders and Hillary Clinton, spoke easily about the evils of trade, wholly misrepresenting facts ✔ And, in an underappreciated farewell speech, President Obama made it quite plain ✔ We Want to Hear from You Join the conversation Comment Apple Suppliers ‘Cautious’ About Orders For iPhone XR, Flagship Models 10/17/2018, 9:04:06 AM Apple’s Taiwan-based suppliers remain cautious about orders for the new iPhones because of the ongoing trade war between the U.S. and China. ✔ Industry sources disclosed to Digitimes Tuesday that Apple’s iPhone suppliers in Taiwan have opted to remain cautious about unit orders from the Cupertino giant even though the iPhone XR is scheduled to launch in the second ...
Post a Comment
Read more

Trade War - SERIES 126 {23 articles}

Trade war ripples are expected throughout Southeast Asia 9/14/2018, 2:45:33 AM As the world's two largest economies continue to wage an escalating tariff war, global trade was one of the primary topics on the agenda at the annual World Economic Forum on the Association of Southeast Asian Nations (ASEAN). ✔ Chau Doan | LightRocket | Getty Images A mechanic works at factory in Hanoi, Vietnam ✔ In fact, the city signed a trade agreement with ASEAN last November ✔ Supply chains If major economies don't resolve their trade disputes and instead descend into a long-term tit-for-tat trade conflict, then global supply chains would likely see significant disruption, experts have predicted US using wrong reason to wage a trade war - Opinion 9/14/2018, 12:10:24 AM undefined ✔ Some studies suggest, on average it takes 10 and a half months for a court in China to handle a patent infringement case, compared with more than five years in the United States ✔ The author is professor...
Post a Comment
Read more

Trade War - SERIES 289 {19 articles}

Fears of Trump's tariffs are exaggerated 10/25/2018, 5:04:12 AM With globalization ingrained, the world economy can cope with the 'trade war' ✔ Most of the predicted disruption results from restrictions on automobile trade, still just a threat ✔ The scenarios also assume a quite limited capacity to offset the shocks with policy measures ✔ Stephen Grenville is a non-resident fellow at the Lowy Institute in Sydney ✔ He was deputy governor at the Reserve Bank of Australia Business Live: Thursday 25 October 10/25/2018, 5:19:18 AM All the latest news from the business world plus market updates. ✔ The sharp sell-off - which pushed the Dow and the S&P 500 into negative territory for the year - follows growing worries about corporate earnings and slowing economic growth ✔ Do stay with us for that and all the other latest news from the world of business and economics US midterms: Trump looks to tariffs and tax cuts to win in the rust belt 10/25/2018, 4:15:40 AM...
Post a Comment
Read more