Skip to main content

Trade War - SERIES 329 {10 articles}

Trade war wipes out profit growth at Japanese automakers

11/8/2018, 10:20:14 PM
Honda, Nissan and three others expect full-year slump as steel tariffs bite ✔ Nissan's first-half operating profit sank 25%, squeezed by rising materials costs ✔ Honda Motor, Nissan Motor, Suzuki Motor, Mazda Motor and Subaru are projecting a profit drop, while Toyota Motor expects profit to stay flat on the year ✔ Toyota sustained a 23% profit slide in North America in the first half


Trade war hastens key Apple supplier Pegatron's shift from China

11/9/2018, 2:20:54 AM
Rising labor costs also spur move to Southeast Asia ✔ People in Shanghai try out this year's new iPhones ✔ Nikkei reported on Monday that Apple has notified Foxconn, which trades as Hon Hai Precision Industry, and Pegatron that it would not need extra capacity reserved for iPhone XR, the lowest-priced new model this year


Xi's dream of surpassing US is met with fire and fury

11/8/2018, 8:17:05 PM
President's signature trade fair did little to quell Trump's suspicion of Beijing ✔ And so the mascot of the Import Expo was a jumping, scarf-wearing panda, alongside the catchphrase New era, shared future ✔ A week earlier, on Oct. 24, Li had already presented a gloomy assessment of the Chinese economy, similar to the Politburo's, at a gathering of the All-China Federation of Trade Unions ✔ And China is now paying a high price for hastily baring its claws


The Fed Notes a Capex Slump as Trade Tensions Weigh on Spending Plans

11/8/2018, 10:12:00 PM
The Fed notes that business fixed investment “had moderated from its rapid pace earlier in the year,” when capital spending had been “growing strongly.” ✔ Fed Chairman Jerome Powell has made it clear that he doesn’t see protecting stock investors’ portfolios as part of his job ✔ In the process, the supply of debt instrument with negative yields, currently estimated at $8.5 trillion by JPMorgan, should contract and reduce the downward pull they exert on other rates


China's Xi tries to reassure the country's worried private companies

11/8/2018, 11:39:15 PM
President Xi Jinping has offered an olive branch to China's private companies by offering tax breaks and verbal reassurance that they will remain an integral part of the economy. ✔ Thomas Peter | Reuters Chinese President Xi Jinping ✔ That reassurance comes amid an environment in which privately owned enterprises have taken a hit from banks constricting lending in a national effort to rein in debt ✔ Xie told CNBC on Thursday that state-owned enterprises have become emboldened by an environment that stresses politics above everything else in the last five years


Japanese firms see U.S. trade talks boosting exports despite Trump...

11/8/2018, 11:16:01 PM
Half of Japanese companies expect new trade talks with Washington to boost their... ✔ Underlying such concerns are fears that Washington might link trade with foreign exchange policy and monetary easing and accuse Japan of keeping the yen artificially weak ✔ In January 2017, Trump alleged that Japan used its money supply to weaken the yen and give exporters an unfair trade advantage ✔ Our Standards:The Thomson Reuters Trust Principles


Trump’s tariffs squeezed Canada. Now American beer is feeling the pinch.

11/8/2018, 8:40:53 PM
As the price of imported aluminum rises, so does the cost of each can. ✔ Though many U.S. businesses support the idea of taking a tough line with Beijing, members of Trump’s Cabinet, economic advisers and industry groups warned that tariffs would create uncertainty and increase costs for U.S. companies that import goods ✔ But it definitely has unintended consequences for small businesses like ours


Kenya lawmaker targets foreign firms, decries China

11/8/2018, 11:08:59 PM
NAIROBI-- A lawmaker from Kenya's ruling party has proposed limiting foreign involvement in public c ✔ Spokespeople for Jubilee and Kenya's trade ministry did not immediately return several calls and emails requesting comment ✔ Gachagua said China was using its position as a lender to give its firms an unfair advantage over their local counterparts when it comes to competing for contracts ✔ They have taken all the businesses and they are also buying all the goods from China, he said


Wall Street falls after Fed statement, energy shares tumble

11/8/2018, 9:33:41 PM
The S&P 500 and Nasdaq closed slightly lower on Thursday after a Federal Reserve... ✔ Quincy Krosby, chief market strategist at Prudential Financial in Newark, New Jersey said companies were holding off on spending because of uncertainty over a U.S.-China trade war ✔ A slowdown in business spending can slow the underpinning of the stock market, Krosby said ✔ Our Standards:The Thomson Reuters Trust Principles


Billion-dollar tech startups hold promise for China's economy

11/9/2018, 3:35:43 AM
Four cities provide greenest pastures for burgeoning number of unicorns ✔ Virtually every week, individual investors can attend events to connect them with startups ✔ At one in Hangzhou in early September, a fitness venture raised about $444,000 with a six-minute presentation ✔ Nikkei staff writers Daisuke Harashima in Dalian, Takashi Kawakami in Guangzhou and Tsubasa Suruga in Tokyo contributed to this report


>>> Open This Series
Labels:

Comments

Post a Comment

Popular posts from this blog

Trade War - SERIES 162 {13 articles}

Trump's trade war: Why the economy may soon feel the pain 9/21/2018, 9:36:38 PM Americans may soon pay more for everything from shampoo to bikes, while companies scale back investment ✔ The trade war is balancing on a knife edge, wrote UBS economist Robert Martin in a recent note ✔ Net foreign direct investment in the U.S. -- or total investments through acquisitions and direct stakes in real estate like production facilities and research centers -- has slid every quarter since Mr. Trump was elected in 2016, Adam Posen, president of the Peterson International Institute, noted recently in the publication Foreign Affairs ✔ But most don't support tariffs as a way to prompt better behavior from Beijing Europe carmakers SUFFER amid burgeoning trade war between Donald Trump and EU 9/21/2018, 9:07:01 PM EUROPE is beginning to suffer amid the developing trade war between Donald Trump and the EU with factory growth stagnating this month. ✔ Automakers are Europe’s worst perfo...
Post a Comment
Read more

Fashion - SERIES 272 {14 articles}

Rising star Wu Jinyan covers the fashion magazine 10/10/2018, 2:11:02 AM Rising star Wu Jinyan covers the fashion magazine. [Photo/Official Weibo account of Our Street Style] ✔ Rising star Wu Jinyan covers the fashion magazine ✔ [Photo/Official Weibo account of Our Street Style] 1 2 3 4 5 6 7 8 9 Next   >>| 1/9 Next Fashion alert: Here are some of the big style accessory trends for spring 2019 - Los Angeles Times 10/10/2018, 1:21:12 AM Here's everything you need to know about the key accessories presentations during Paris Fashion Week. ✔ Highlights included the Très Vivier, Felloni’s take on the Belle Vivier pump, a shoe closer to the original design with a larger buckle and a new cube-shaped spin on Vivier’s signature Virgule heel, and a Sixties-flavored, bright-pink mule with a rhinestone buckle ✔ One chapter of the collection focused on glimmering details, like the shine generated by a passing school of fish ✔ Ramesh Nair also presented elegant Art Deco-...
Post a Comment
Read more

Disasters - SERIES 319 {20 articles}

Yellowstone eruption would be 'DISASTER for humanity' & PLUNGE world into volcanic winter 10/16/2018, 5:06:58 PM YELLOWSTONE volcano eruption would be a “disaster for humanity” and plunge the world into a volcanic winter, warned news reporter Dan Cohen as NASA outlines plans to prevent a supervolcano eruption. ✔ The Yellowstone volcano in Wyoming, USA, is one of the world’s most feared volcanos and is so powerful that even hydrothermal explosions can blast debris two kilometres into the sky ✔ Yellowstone erupts every 600,000 years and it has been about 600,000 years since it last exploded Yellowstone volcano eruption: How big would another Yellowstone supervolcano eruption be? 10/16/2018, 4:15:30 PM YELLOWSTONE volcano is one of the biggest and most active supervolcanoes on the face of the planet – but how big could another Yellowstone eruption be? ✔ Probability of such an eruption in any given century or millennium is exceedingly low United States Geol...
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

Travel - SERIES 196 {13 articles}

Passenger shocked to find THIS on her boarding pass when travelling 9/26/2018, 7:50:26 PM A PASSENGER flying to Indonesia was shocked to find something on her boarding pass when trying to travel by Lion Air to Jakarta. ✔ Boarding pass: Her seat didn't exist when entering the Lion Air cabin (Image: AsiaWire) Due to scheduling issues and delays, the larger plane was not available, hence the lack of rows ✔ If they choose not to, then they are given a seat when they check in for their flight EastEnders legend CONFIRMS exit from show in revenge twist 9/26/2018, 5:33:31 PM EASTENDERS is about to lose a major character in forthcoming scenes. ✔ His tense relationship with wife Rainie Branning (Tanya Franks) has been dominating his time on the Square, as while their marriage is a sham, she has fallen in love with him ✔ Looks like Max should start sleeping with one eye open… EastEnders continues tomorrow at 7.30pm on BBC Why a Norwegian fjords cruise is the perfect family...
Post a Comment
Read more