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

War Countries - SERIES 360 {46 articles}

'Sanctions relief key for North Korea denuclearization' 10/31/2018, 3:03:41 PM undefined ✔ The human rights situation in the North is so bad that we should be willing to trade sanctions relief for human rights improvement as well, he said ✔ From the perspective as an outsider, President Moon's policy is a pro-South Korea policy in that it directly represents the interests of all South Koreans in its priority of threat reduction Turkish attacks in Syria prompt halt to fight against Islamic... 10/31/2018, 3:25:22 PM Turkish attacks in Kurdish-controlled territory in northern Syria have led to a ... ✔ BEIRUT (Reuters) - Turkish attacks in Kurdish-controlled territory in northern Syria have led to a temporary halt in an offensive by the U.S.-backed Syrian Democratic Forces (SDF) against Islamic State in eastern Syria, the SDF said on Wednesday ✔ The continuation of these attacks will cause a long halt in our military campaign against (Islamic State), it said in a st...
Post a Comment
Read more

Autos - SERIES 186 {14 articles}

Chinese Auto Maker Secures $146 Billion—With a B—in Credit 10/25/2018, 11:22:43 AM FAW, which once made limousines for Mao Zedong, says it has secured credit lines worth $146 billion—yes, billion—to fund “future undertakings,” an enormous war chest for a company that only sold about 78,000 cars under its own brands in the first half of the year. ✔ Chinese President Xi Jinping stands in an FAW Hongqi limousine during a military parade in Beijing on Sept ✔ On its website, FAW reported revenue of $67.6 billion in 2017roughly half that of General Motors Co. without mentioning profits ✔ Auto makers must also make costly investments in research and development to keep pace in an industry that is shifting away from gasoline-powered cars toward electric, autonomous vehicles with high-speed internet connections Millions decide who should DIE if a driverless car had to choose in a crash 10/25/2018, 11:45:12 AM IT’S LIKE The Hunger Games, but with a very serious and soon-to-be-real ou...
Post a Comment
Read more

War Countries - SERIES 319 {33 articles}

Revealed: Canadian companies arming Saudi Arabia’s war in Yemen 10/23/2018, 7:27:45 PM Since 2015, Canadian companies have provided $2.4 billion in combat vehicles, weapons, surveillance technology, pilot training relied on by the oil-rich Saudis ✔ Each time she learns Saudi bombs are falling on Yemen, Shireen Al-Adeimi rushes to her cell-phone ✔ In November 2017, the company unveiled a new surveillance aircraft called the Force Multiplier at the Dubai Air Show ✔ Which is why western governments have preferred the brand of stability the Saudi regime provides – and why they’ve been happy to have their weapons bought by the Saudi’s oil wealth What was the Arab Spring? Timeline from Egypt to Tunisia and Yemen and Syria 10/23/2018, 6:16:31 PM IN late 2010 a sequence of events began in the Arab world which saw autocratic and corrupt regimes overthrown. The uprisings became known as the Arab Spring and saw a frustrated generation vent the… ✔ Here’s what you need to know about the...
Post a Comment
Read more

Autos - SERIES 187 {15 articles}

Jaguar Land Rover Finally Adds Android Auto, Apple CarPlay Support | Digital Trends 10/25/2018, 5:14:29 PM Jaguar and Land Rover vehicles might be a blast to drive, but they've been missing a major feature for the more tech-inclined owners: support for Android Auto and Apple CarPlay. That situation has been rectified with 2019 line of vehicles, which will support the in-car smartphone systems. ✔ If you’re not ready to upgrade your car yet to buy into the 2019 models, there is some backward compatibility with Jaguar Land Rover vehicles produced in previous years though it’s on the tricky side ✔ The features are important tools for making sure drivers don’t get distracted by fiddling with their phones and can keep both hands on the wheel and eyes on the road without feeling too far from their device of choice Jaguar XE SV Project 8 Serves As Nürburgring Race Taxi | Digital Trends 10/25/2018, 2:31:19 PM The Jaguar XE SV Project 8 is a monster sedan that only 300 people wi...
Post a Comment
Read more

Autos - SERIES 203 {11 articles}

Subaru Forester 2.5i-Premium 2018 new car review | value, safety 10/30/2018, 8:19:53 PM All-new underneath while remaining true to the tested formula. CarReview - drive.com.au ✔ It controls all the key functions with an intuitive touchscreen layout of large icons ✔ But it proves our suspicions from driving the 2.0-litre Impreza and XV that Subaru's new SGP platform can easily handle more power ✔ Let's start a personal and meaningful conversation! Leave a comment (Get advice from an expert) How to make your next car purchase environmentally friendly | Drive 10/30/2018, 11:23:50 PM Drive takes a look at how you can make your car choice more environmentally friendly. What do you need to know when buying a green vehicle? ✔ To make things easier, both fuel consumption and tailpipe emissions can be found on a sticker on the front windscreen of all new vehicles for sale ✔ Alternative fuel types Apart from petrol (we take a deep dive into different unleaded fuel types he...
Post a Comment
Read more