Hong Kong housing prices could fall 25 percent next year if trade war worsens: JLL
11/15/2018, 6:02:50 AMHong Kong's housing prices could slump up to 25 percent next year if the trade war between the United States and China worsens and local stocks slide further, according to real-estate and investment management company JLL. ✔ CLSA said in August it expected a 15 percent fall in prices over the next 12 months ✔ It kept that view in a report last month, citing rising local interest rates, depreciation in the Chinese yuan and concerns over the economic outlook ✔ I don't think we should be fundamentally or systemically concerned
Cisco CEO 'optimistic that we'll get some resolution' on US-China trade dispute
11/15/2018, 12:00:47 AMJim Cramer hears from Cisco Systems Chairman and CEO Chuck Robbins about how his networking hardware giant is faring in a time of trade war. ✔ We implemented some price increases, as we said we would, and, frankly, we didn't see any difference in the momentum before we did that and the momentum we saw after that in the quarter, Robbins told Cramer ✔ Hit him up! Mad Money Twitter - Jim Cramer Twitter - Facebook - Instagram - Vine Questions, comments, suggestions for the Mad Money website
Global food prices face triple threat, warns Rabobank
11/15/2018, 6:14:36 AMundefined ✔ China is the world’s largest buyer of the oilseed, importing 60 per cent of the available crop ✔ Justin Sherrard, Rabobank’s global strategist for animal protein, said: With the severity of disease outbreaks showing no signs of being curbed, especially in pork and poultry, biosecurity will become a higher business priority for livestock producers in the year ahead
China state planner says has not proposed vehicle purchase tax cut
11/15/2018, 3:55:26 AMChina's state planner said on Thursday it has not considered nor has it pro... ✔ The comments were made by Meng Wei, spokeswoman for the National Development and Reform Commission(NDRC) in a press conference in Beijing ✔ Bloomberg reported late last month that China’s top economic planning body is proposing to cut the tax levied on car purchases by half, as the impact of an escalating trade war with the United States threatens to slow the Chinese economy and affect demand for vehicles ✔ Our Standards:The Thomson Reuters Trust Principles
Pence: 'All-Out Cold War' Coming If China Doesn't Change Course; 'We Won't Back Down'
11/15/2018, 6:22:51 AMThe Washington Post's Josh Rogin has revealed stunning comments issued by Vice President Mike Pence during a conversation between the two aboard Air Force Two as the VP traveled for an official trip to Asia this week, where he landed in Singapore for regional summits highlighting Indo-Pacific security, trade and investment. ✔ According to Rogin's op-ed: Pence told me in an interview that Trump is leaving the door open for a deal with Xi in Argentina , but only if Beijing is willing to make massive changes that the United States is demanding in its economic, military and political activities
VW China chief expects sales stall to persist in 2019
11/15/2018, 6:13:55 AMundefined ✔ VW sees growth potential in China’s passenger car market as still higher than in any other relevant passenger car market in the world, Prof ✔ Housing sales fell across China during the third quarter and the country’s main stock benchmark has fallen as much as 22 per cent
World War 3: US could LOSE a future war with Russia or China - SHOCK warning to Washington
11/15/2018, 2:22:58 AMTHE US could lose a potential future war with Russia, China or other countries due to a loss in military advantage according to a new report delivered to the US Congress. ✔ The US military could lose its next conflict (Image: GETTY) The US military no longer has military superiority (Image: GETTY) The report said: Around the world, the proliferation of advanced technology is allowing more actors to contest US military power in more threatening ways
Gold prices hold steady as dollar eases
11/15/2018, 3:22:37 AMGold prices firmed on Thursday amid a retreat in the dollar from a 16-month peak against a basket of currencies. ✔ Italy re-submitted its draft 2019 budget to the European Commission with the same growth and deficit assumptions as a draft rejected for breaking European Union rules, stepping up its showdown with the EU over its fiscal policy ✔ Pan American Silver said Wednesday it has agreed to buy Tahoe Resources in a $1.07 billion cash and stock deal that would create a top global silver miner but also include some troublesome assets
China makes opening bid to US on trade ahead of Trump-Xi meeting
11/15/2018, 5:44:22 AMThe Chinese government has presented an offer to the Trump administration in an effort to restart stalled talks between the two super-economies, according to two people familiar with the matter. ✔ The issue with China is not just tariffs, Ross said at a Yahoo Finance All Markets Summit ✔ They pose a dilemma for US importers who must decide whether to absorb the higher cost of the goods or pass it on to consumers, and some exporters are hurting from China's retaliatory tariffs
China state planner douses hopes for auto tax cuts, tells sector to...
11/15/2018, 5:13:50 AMChina's powerful state planner said on Thursday it had not considered reduc... ✔ Reuters reported in October that China’s car dealers, hit hard by the slowdown, were pushing Beijing to help prop up the sector, including a proposal to authorities to cut the level of purchase tax on some smaller cars in half ✔ Our Standards:The Thomson Reuters Trust Principles
China sends a written response to US trade reform demands
11/15/2018, 6:02:49 AMChina has delivered a written response to U.S. demands for wide-ranging trade reforms, three U.S. government sources said on Wednesday. ✔ It was unclear if the response contained concessions that would satisfy Trump's demands for change ✔ The tariff rate on $200 billion in Chinese goods is set to increase to 25 percent from 10 percent on Jan. 1 ✔ U.S. Vice President Mike Pence on Tuesday said Beijing needed to change its behavior to avoid a new cold war with the United States
Trudeau says Canada to work with China on eventual free trade deal...
11/15/2018, 7:58:19 AMCanada and China will continue to work together towards an "eventual" ... ✔ Under the clause, the countries in the updated NAFTA, renamed the U.S.-Mexico-Canada Agreement (USMCA), must notify the others three months before entering into negotiations that could lead to a trade deal with an outside country ✔ Our Standards:The Thomson Reuters Trust Principles
Asia stocks lifted by China-U.S. trade hopes; oil resumes retreat
11/15/2018, 3:18:51 AMAsian stocks rose on Thursday, taking heart from a bounce in Chinese shares on n... ✔ The S&P 500 .SPX fell for a fifth straight day overnight as financial stocks were hit by fears that banking industry regulations would tighten once the Democratic Party takes control of the House of Representatives ✔ Our Standards:The Thomson Reuters Trust Principles
Mike Pence: No place for 'empire and aggression' in Indo-Pacific
11/15/2018, 5:43:06 AMMike Pence's comments at Asia summit seen alluding to China and its aggressive claims over the disputed South China Sea. ✔ Beijing has made significant advancements in hypersonic weapons, cyber abilities, and space defence, said the report ✔ Though the Pentagon this year has a budget of more than US$700bn - far more than Russia and China combined - the commission said the sum is still clearly insufficient to meet the goals laid out in the NDS
China's risky bet on Wall Street for help with Trump
11/15/2018, 5:37:38 AMKissinger and Paulson are Beijing's preferred intermediaries: can it work? ✔ TOKYO -- An ancient Chinese proverb says: When drinking water from a well, one should never forget who dug it ✔ The 1.95-meter tall former banker had harsh words for both the U.S. and China ✔ The highly publicized speech raised the specter of a long Sino-U
No quick win for China in trade despite Kudlow-Navarro dispute, experts say
11/15/2018, 6:26:04 AMPeter Navarro, U.S. President Donald Trump's trade advisor and a hardliner on China, has been sidelined by the White House — but prospects of a trade deal between the world's two largest economies remain bleak, experts told CNBC. ✔ Larry Kudlow says Peter Navarro remarks on Wall Street were way ‘off base’ 11:12 AM ET Tue, 13 Nov 2018 | 01:50 But given how unpredictable the Trump administration can be, Navarro's status could very easily change in a matter of days, noted Dane Chamorro, senior partner at Control Risks
Road to the White House goes through Iowa. Who can capture hearts in 2020?
11/15/2018, 7:30:59 AMThe starting gun for the next presidential election was fired last week. The midterms offered clues to Democrats about how they can win in the midwest ✔ That’s because Republicans maintained solid control of rural areas across the midwest ✔ He won the 2017 Pulitzer prize for editorial writing and is the author of the new book, Storm Lake: A Chronicle of Change, Resilience, and Hope from a Heartland Newspaper , published by Viking (Penguin-Random House)
For Trump, there's no easy way out of his funk
11/15/2018, 6:19:48 AMBy multiple accounts, Donald Trump is in one of the deepest funks of his presidency. The bad news is that the challenges and threats that are making his mood so dark are likely to get worse before they get better. ✔ Trump's tempestuous personality and unwillingness to be constrained also likely mean that another remedy available to other Presidents -- a hotshot new staffer to shake up operations in the West Wing -- is unlikely to work ✔ When 2019 dawns, a flurry of Democrats are likely to begin launching presidential campaigns, giving him an excuse to head out to the place where he always feels best: among his adoring throngs on the campaign trail
Xi versus Deng, the family feud over China’s reforms
11/15/2018, 6:53:29 AMundefined ✔ When it reopened in August, a quote from President Xi Jinping in Chinese and English, praising the country’s economic transformation, had replaced the frieze ✔ Staffers said Mr Xi’s main concern was that it featured his father too much ✔ He writes that Xi was a strong advocate in getting Beijing’s support for Guangdong’s reforms
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