China to create trade zone with Thailand and Laos as tariffs bite
11/12/2018, 6:26:28 AMBeijing looks to boost ties with the two Mekong nations amid a trade war escalation ✔ Workers load a Chinese boat at a Thai Mekong river port in the Golden Triangle region, where the borders of Thailand, Laos and Myanmar meet ✔ Thai Commerce Minister Sontirat Sontijirawong said Thailand will take the lead in setting up talks between China and Laos to finalize a framework for the trade zone, which is expected to be completed in the next few years
Foreign Buying of Chinese Bonds Slows as Yuan Falls
11/12/2018, 5:32:20 AMA weaker currency and a narrowing premium over U.S. interest rates have dented global investors’ enthusiasm for China’s roughly $12 trillion bond market. ✔ Foreign institutions, such as central banks and pension funds, own just 1.7% of China’s overall bond market, which is the world’s third largest behind the U.S. and Japan ✔ If you believe that the trade war will escalate, there’s all the more reason that you should own some Chinese government bonds, Mr. Pang added
Singapore calls for closer Southeast Asia, says multilateralism...
11/12/2018, 3:18:25 AMSingapore Prime Minister Lee Hsien Loong called on Monday for greater integratio... ✔ Vice President Mike Pence will attend instead of Trump, and Chinese Premier Li Keqiang, Russian President Vladimir Putin, Indian Prime Minister Narendra Modi and Japanese Prime Minister Shinzo Abe are among those expected to join ASEAN ✔ Our Standards:The Thomson Reuters Trust Principles
Lee urges closer Asian ties amid threats to multilateralism
11/12/2018, 4:58:49 AMSINGAPORE--Singapore Prime Minister Lee Hsien Loong called on Monday for greater integration between ✔ The encounter, if it happens, would come on the heels of high-level talks in Washington where the two sides aired their main differences but appeared to attempt controlling the damage to relations that has worsened with tit-for-tat tariffs in recent months
China's prime minister says Beijing will further open its economy, slams rising protectionism
11/12/2018, 6:58:56 AMChinese Premier Li Keqiang said on Monday Beijing will further open up its economy in the face of rising protectionism, as he headed for meetings with Asia-Pacific leaders in Singapore that are expected to focus on trade tensions. ✔ It was not clear if Li and Pence will hold separate talks on the sidelines of the meetings, which would be a prelude to a summit scheduled between Trump and Chinese President Xi Jinping at the end of the month in Buenos Aires ✔ Also on Monday, the ten-member ASEAN group reached their first ever deal on e-commerce aimed at helping boost cross-border transactions in the region
China says will further open up its economy, slams rising...
11/12/2018, 5:36:45 AMChinese Premier Li Keqiang said on Monday Beijing will further open up its econo... ✔ The encounter, if it happens, would come on the heels of high-level talks in Washington where the two sides aired their main differences but appeared to attempt controlling the damage to relations that has worsened with tit-for-tat tariffs in recent months
Asia stocks flat, pound falls on Brexit worries
11/12/2018, 2:58:41 AMundefined ✔ Asia-Pacific stocks struggled for direction on Monday while the pound dipped on the latest Brexit concerns ✔ Domestic mainland Chinese stocks were little changed with the CSI 300 of Shanghai and Shenzhen-listed companies flat ✔ The moves on Monday in Asia follow declines on Wall Street on Friday on worries over global growth and the US-China trade war
Fast Europe Open: Italy industrial output, Denmark CPI
11/12/2018, 6:29:40 AMundefined ✔ China’s economy is already under pressure, as a trade war with the US threatens to hurt manufacturing across a wide range of industries ✔ Corporate earnings and announcements out today include Dignity and Playtech ✔ 07.00: Denmark consumer price index 09.00: Italy industrial output
China won't set targets for individual banks' loans to private...
11/12/2018, 4:19:40 AMChina will not set specific targets for each bank on how much loans should be gi... ✔ Chinese stocks, which were dragged lower by financials on Friday, advanced in early trade on Monday ✔ China’s economic growth cooled to its weakest quarterly pace since the global financial crisis as a years-long campaign to tackle debt risks and the trade war with the United States have begun to bite ✔ Our Standards:The Thomson Reuters Trust Principles
Alibaba Singles' Day volume reaches record $30.7bn
11/12/2018, 4:17:52 AMChina's largest online sale boosts transaction value 26% year-on-year ✔ Zhang said Alibaba aims to make Singles' Day a global event ✔ Zhang said Alibaba is receiving a big hand from the Chinese government and that it will play an important role in China's shift from an export-oriented economy to a domestic demand-driven economy
UK to sell ‘UNLIMITED’ amount of military equipment to China in MASSIVE rebuke to Trump
11/12/2018, 4:05:52 AMA UK DEFENCE company is preparing to sell an “unlimited quantity of goods” to the Chinese military, including advanced radar technology and tracking systems, in a possible challenge to the Trump administration which has imposed massive sanctions on the country. ✔ Chinese military spending has increased dramatically over the past few years (Image: GETTY) According to Cao Yunhe, a Chinese radar specialist who lectures at Xidan University, China is hoping to benefit from UK expertise ✔ The situation escalated further when Trump ordered tariffs on another $200billion (£154billion) of Chinese goods, leading to a tariff increase on $60billion (£46billion) of American products in response
China developers face $55bn of maturing onshore debt in 2019
11/12/2018, 12:39:43 AMundefined ✔ China’s economy is already under pressure, as a trade war with the US threatens to hurt manufacturing across a wide range of industries ✔ Real estate investment slowed in September, a sign that developers are increasingly uncertain about the future ✔ But a crackdown on shadow banking has made companies much more reliant on the public capital markets
Mark Mobius says it's time to buy stocks in emerging markets
11/12/2018, 5:23:07 AM"At the end of the day, emerging markets equities look very cheap now. It's time to get in," Mobius, co-founder of Mobius Capital Partners, told CNBC's "Street Signs." ✔ We're beginning to look now in Indonesia again, Thailand of course has not done badly I mean they've been in pretty good shape, Malaysia is another area which is going to be very interesting going forward, he said ✔ WATCH: Investor Mark Mobius says post-midterms rally will be short-lived Investor Mark Mobius says post-midterms rally will be short-lived 4:21 PM ET Thu, 8 Nov 2018 | 05:45
Calls for open trade to greet Pence as Trump skips Asia summit
11/12/2018, 7:11:59 AMAsia-Pacific leaders will join the heads of Southeast Asian states this week in Singapore to renew calls for multilateralism and fresh pledges to resolve regional conflicts ranging from the Rohingya crisis in Myanmar to tensions in the South China Sea. Notably absent when regional powers such as China, Japan and… ✔ However, Li is expected to appeal in Singapore for the need for the world's two largest economies to work together to resolve trade disputes, reiterating commitment made by Beijing's top leaders last week for market opening and lowering tariffs ✔ Also, ASEAN members states may announce the successful conclusion of agreements with Russia and the United States on cooperating on cyber security
In race to fill LNG supply gap, project goalposts have changed
11/12/2018, 7:27:32 AMThe race is on for liquefied natural gas (LNG) producers to build export termina... ✔ The projects that we might see now are the ones that don’t rely on offtake agreements, said Frank Konertz, LNG analyst at S&P Global ✔ Irrespective of price, long-term offtake commitments are risky today because the global LNG market is undergoing fundamental changes as it grows and increases liquidity ✔ Our Standards:The Thomson Reuters Trust Principles
Disappointing third-quarter earnings another blow to battered...
11/12/2018, 7:12:09 AMEuropean companies are delivering their most disappointing earnings in nearly th... ✔ Slowing growth and higher costs hurt autos in particular, with European companies reliant on growth in China, the world’s top car market ✔ Carmakers including Daimler (DAIGn.DE) and BMW (BMWG.DE) had cut profit outlooks ahead of results due to trade tariffs and slowing Chinese demand ✔ Our Standards:The Thomson Reuters Trust Principles
Trump is inadvertently uniting Asia
11/12/2018, 5:06:03 AMBefore key regional summits, he brings together even historic rivals China and Japan ✔ He made a broad statement about the importance of an Indo-Pacific framework at an Asia-Pacific Economic Cooperation Summit ✔ It remains to be seen how Asians will respond if such confrontation continues ✔ Simon Tay is chairman of the Singapore Institute of International Affairs
Energy stocks lead ASX rally from opening loss
11/12/2018, 7:03:57 AMThe Australian sharemarket rallied to a three-week high, ending Monday's session 0.3 per cent higher. ✔ RHC states the transaction will be Core EPS accretive within 2 to 3 years which we view as conservatism taken by the company., said analyst Sean Laaman ✔ Most Viewed in Business Loading Please explain Our weekly podcast giving you insight into the stories that drive the nation
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