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Trade War - SERIES 344 {11 articles}

Taiwan's 10-year iPhone boom shows signs of ending

11/13/2018, 5:55:51 PM
Big month for Apple suppliers does not change maturing market or trade war ✔ Allen Horng, chairman of iPhone metal frame maker Catcher Technology, said he did not rule out a correction given the market dynamics ✔ Just a month after the release of the XR, it may be too early to judge the model's performance ✔ Nikkei staff writers Chien Chia-Hung and Hideaki Ryugen contributed to the report


Land acquisition sinks 63% for China's top developers

11/13/2018, 4:51:52 PM
Trade war concerns and faltering sale values put Vanke and others on guard ✔ A China Vanke showroom displays a model residential compound ✔ Acquisition value fell 10%  during the quarter for China Overseas Land & Investment, which purchased 16 plots in total and just two in a major city -- specifically Beijing -- where demand for condominiums is strong


Boeing CEO: US, China mutually interested in successful aerospace ecosystem

11/13/2018, 6:05:01 PM
Aerospace plays a crucial role in the world’s two largest economies, Boeing CEO Dennis Muilenburg said. ✔ We think both countries are interested in a mutually successful aerospace ecosystem, Muilenburg told Maria Bartiromo during an exclusive interview on Tuesday ✔ Trump is scheduled to meet Chinese President Xi at the G20 summit in Argentina at the end of the month, as they look to put an end to the tit-for-tat trade war


White House economic advisors clash as Kudlow says Navarro's China comments were 'not authorized'

11/13/2018, 4:33:57 PM
President Donald Trump's top economic advisor, Larry Kudlow, on Tuesday disavowed comments from White House trade advisor Peter Navarro. ✔ Navarro, known for his hawkish economic views toward China, has encouraged President Trump's tough talk with Beijing throughout an escalating trade war between the two countries ✔ Cohn was formerly the president and chief operating officer of Goldman Sachs


Tyson Foods quarterly sales miss estimates, shares fall

11/13/2018, 4:32:36 PM
Tyson Foods Inc reported quarterly sales on Tuesday that missed Wall Street esti... ✔ Sales in the company’s chicken business rose 2.6 percent, but that was primarily due to acquisitions, including of Tecumseh Poultry and its Smart Chicken brand ✔ Analysts on average had expected revenue of $10.26 billion, according to IBES data from Refinitiv ✔ Our Standards:The Thomson Reuters Trust Principles


US, China revive trade talks ahead of G20

11/13/2018, 6:47:22 PM
American and Chinese negotiators have revived trade talks in the hopes of reaching a draft agreement before President Donald Trump and Chinese leader Xi Jinping meet face-to-face on the sidelines of the G20 meeting in Argentina. ✔ Mnuchin on the sidelines of the International Monetary Fund meeting in Bali, Indonesia, last month dismissed the idea the US had set any pre-conditions for the leaders' meeting, leaving the decision in the hands of the President ✔ CNN's Steven Jiang, Kevin Liptak, Allie Malloy and Katherine Lobosco contributed to this report


Brexit, trade progress drive European stocks up after tech rout

11/13/2018, 5:32:34 PM
European shares recovered on Tuesday as hopes for an easing of the Sino-U.S. tra... ✔ The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, November 9, 2018 ✔ The currency weighed on the exporter-heavy FTSE 100 which ended flat on the day ✔ Medical device development and healthcare service provider BTG (BTG.L) jumped 10.7 percent after announcing better-than-expected revenues and a positive outlook ✔ Our Standards:The Thomson Reuters Trust Principles


U.S. stocks rise on trade optimism; pound soars on impending Brexit...

11/13/2018, 5:32:28 PM
Wall Street stock prices rose on Tuesday as investors hoped U.S.-China trade ten... ✔ The Italian government faces a Tuesday deadline to submit a revised budget to the EU ✔ The Dow Jones Industrial Average .DJI rose 32.82 points, or 0.13 percent, to 25,420, the S&P 500 .SPX gained 14.02 points, or 0.51 percent, to 2,740.24 and the Nasdaq Composite .IXIC added 62.16 points, or 0.86 percent, to 7,263.03 ✔ Our Standards:The Thomson Reuters Trust Principles


China tells banks to double private-sector corporate loans

11/13/2018, 7:07:58 PM
Beijing wants to see such lending to account for 50% of new debt in three years ✔ Guo Shuqing, China's chief banking regulator, is setting goals for more lending to the private sector, which has recently found itself strapped for cash ✔ Private companies have greatly underperformed their state-owned counterparts in terms of production and profit as tight credit stalls equipment investments


These big tech stocks may rise at least 30%, analysts predict

11/13/2018, 4:42:23 PM
A pullback in technology stocks may be your buying opportunity. ✔ First, let’s put the recent action into perspective ✔ Rising interest rates, political uncertainty (Italy’s status within the European Union and the expected near-term announcement of Special Counsel Robert Mueller’s findings from his investigation into allegations of collusion between Russia and President Trump’s 2016 campaign) and economic uncertainty (inflation and the trade war with China) may all be weighing on the market ✔ Class C GOOG, +0.87% 93% 7% 0% $1,038.63 $1,361.09 31% -13% salesforce.com Inc


Trump’s big 2020 problem: The economy could be in recession

11/13/2018, 7:53:09 PM
✔ By Heather Long Heather Long Economics correspondent Email Bio Follow November 13 at 1:52 PM As the stock market kicked off the week with a hefty sell-off 600 points down on the Dow Jones Industrial Average President Trump immediately blamed Democrats on twitter: The prospect of Presidential Harassment by the Dems is causing the Stock Market big headaches! His finger-pointing could be a preview of how he may react to what many economists predict will be a period of slower economic growth, more market volatility and maybe even a recession ✔ The president is a former construction man, a real estate man


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