Japan's economy faces rising risks from U.S.-China trade war:...
11/13/2018, 4:29:16 AMJapan's economy, which likely shrank in the third quarter, is set to grow m... ✔ It is forecast to rise at the same pace - excluding effects of the scheduled sales tax hike - next fiscal year too ✔ (For other stories from the Reuters global long-term economic outlook polls package see) Our Standards:The Thomson Reuters Trust Principles
Dollar hovers near 16-month high, yen pares intraday gains
11/13/2018, 5:12:32 AMThe dollar sat shy of a 16-month high against a basket of currencies on Tuesday amid concerns ranging from political uncertainties in Europe to the ongoing U.S.-China trade war. ✔ Added to that litany is a view that corporate earnings growth has peaked amid rising borrowing costs ✔ The yen will now have a greater safe haven pull than the dollar if equities witness a further correction ✔ Italy is expected to submit a revised version of its budget on Tuesday, keeping euro traders active
Chinese premier says reforms, not stimulus, vital for growth
11/13/2018, 5:30:42 AMSINGAPORE (AP) — Chinese Premier Li Keqiang says the country needs reforms to support business to help drive growth as it weathers a trade war with the U.S., rather than more economic stimulus. Li said Tuesday in Singapore that China can energize its slowing economy by adjusting policies, such as streamlining bureaucratic procedures like business registrations, taxes and fees. "Despite the downward pressure, we will not resort to massive stimulus. We will make adjustments as appropriate. We want to energize the market, in particular, market entities, and we have the conditions to do that," Li said in a wide-ranging lecture that touched on China's role in regional development.
US and China reportedly resume trade talks
11/13/2018, 3:18:48 AMThe United States and China have restarted talks on trade ahead of a meeting between their two leaders later this month, according to The Wall Street Journal. ✔ The Trump administration is divided between free traders including those with Wall Street backgrounds like Mnuchin and White House economic adviser Larry Kudlow and hardliners like US Trade Representative Robert Lighthizer and White House trade adviser Peter Navarro
Pence, Abe discuss trade, N. Korea ahead of regional summits
11/13/2018, 4:23:01 AMU.S. Vice President Mike Pence met Prime Minister Shinzo Abe in Tokyo on Tuesday to discuss bilatera ✔ U.S. Vice President Mike Pence met Prime Minister Shinzo Abe in Tokyo on Tuesday to discuss bilateral trade and to touch base on their policies on North Korea as the two sides tried to showcase alliance ahead of key regional summits this week ✔ He said they would also talk about advancing the goal of the denuclearization of the Korean Peninsula and that the United States supports Japan's commitment to free and open Indo-Pacific
Chinese Premier Li says talks on South China Sea code should end in...
11/13/2018, 4:42:51 AMChina's Premier Li Keqiang said on Tuesday that Beijing hoped a consultatio... ✔ It is China’s hope that the COC (code of conduct) consultation will be finished in three years time so that it will contribute to enduring peace and stability in the South China Sea, Li said in a lecture ✔ Our Standards:The Thomson Reuters Trust Principles
Gold prices firm from over one-month low on bargain-hunting
11/13/2018, 5:12:29 AMGold prices saw gains on Tuesday after the precious metal fell to over one-month lows earlier in the session. ✔ Gold prices edged higher on Tuesday as investors resorted to bargain-hunting after the precious metal fell to over one-month lows, weighed down by a stronger dollar ✔ Spot gold may bounce moderately to $1,211 per ounce before breaking a support at $1,202 and falling more to $1,192, said Reuters technical analyst Wang Tao
Nikkei, Asian shares dive on Wall St. tech rout, oil slides
11/13/2018, 3:54:22 AMSYDNEY--Asian shares skidded on Tuesday after a rout in tech stocks put Wall Street to the sword, wh ✔ Concerns about a slowdown in China and the Asian region more broadly due to U.S. tariffs on Chinese goods have spooked investors, sparking the largest monthly foreign outflows from Asia last month since August 2011, said Khoon Goh, Singapore-based head of Asia research for ANZ Banking Group
Tencent shares under pressure ahead of results
11/13/2018, 5:16:49 AMFive things investors want to know ✔ There will be short-term pain, however, as Tencent has been unable to monetize its flagship mobile game, PlayerUnknown's Battlegrounds ✔ Instead, its share offering value has reportedly been halved to $1 billion and the IPO date postponed as markets shudder from trade tensions
Tech shares lead Asia lower as Apple-led rout widens
11/13/2018, 7:53:02 AMundefined ✔ Lumentum shares tumbled 33 per cent in New York We recently received a request from one of our largest industrial and consumer customers for laser diodes for 3D sensing to materially reduce shipments to them during our fiscal second quarter for previously placed orders that were originally scheduled for delivery during the quarter, said Alan Lowe, president and chief executive
Asian shares pare losses on U.S.-China trade optimism, oil slides
11/13/2018, 7:24:28 AMAsian shares pared losses on Tuesday as hopes for a de-escalation in the Sino-U.... ✔ Market participants are gradually thinking that this technology stocks boom is going to end before long, said Yoshinori Shigemi, Japan-based global market strategist at JPMorgan Asset Management ✔ The Federal Reserve is expected to tighten policy further in December ✔ Our Standards:The Thomson Reuters Trust Principles
Cramer Remix: Alphabet is FANG's biggest conundrum
11/13/2018, 12:13:01 AMJim Cramer explains why it's only a matter of time before investors come around on Alphabet. ✔ Unfortunately, there are a heck of a lot more losers than winners, and I want to put that into context because such behavior, frankly, is highly unusual this close to the end of the year ✔ The first red flag is when a company has a very high dividend yield, Cramer said ✔ Hit him up! Mad Money Twitter - Jim Cramer Twitter - Facebook - Instagram - Vine Questions, comments, suggestions for the Mad Money website
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