Skip to main content

Trade War - SERIES 350 {18 articles}

European shares march higher as miners rally on fresh trade war hopes

11/15/2018, 9:01:27 AM
European shares marched higher on Thursday as oil prices stabilized and mining s... ✔ Basic materials stocks .SXPP, some of the main beneficiaries of easing tensions between the world’s two largest economies, led the pack with a 1.1 percent rise, also buoyed by higher copper and industrial metals prices and a weaker U.S. dollar ✔ Our Standards:The Thomson Reuters Trust Principles


Trump's trade war with China just ended one car manufacturer's incredible 46-month streak

11/15/2018, 8:40:01 AM
Geely isn't alone. Car sales in China fell for four months year-over-year; tracking for an annual decline for the first time in nearly three decades. ✔ But its not curtains for Geely yet, although investors have fretted as its Hong Kong-listed shares shed about 50% since this time last year ✔ Geely has a whole bunch of new models in its garage outside Shanghai and that should be more than enough to get it back in the winners circle


Other Countries Hope Restarted U.S.-China Trade Talks Lead to a Resolution

11/15/2018, 1:46:34 PM
The impact of the trade war has caused a significant hit to global GDP. ✔ Exports of goods and services are 19.7% of the Chinese economy, according to the CIA ✔ Slow that process and the country takes a significant hit at a time when its growth has slowed to a low point since the financial crisis, the Wall Street Journal reported ✔ Some estimates put the global GDP impact of the trade war at 1.4% at least, CNBC reported


US and China rivalry for supremacy goes way beyond trade, says founder of world's largest hedge fund

11/15/2018, 3:28:44 PM
"History has shown there's a concept called the 'Thucydides Trap'" that indicates conflict, says Ray Dalio, the billionaire Bridgewater founder. ✔ On stage, he expanded on his thoughts on the U.S.-China rivalry ✔ Trump has also threatened additional tariffs of $267 billion, which would basically cover the rest of all Chinese imports into the U.S. CNBC's Fred Imbert contributed to this report


Tencent earnings, bounce for oil help spur Asian stocks

11/15/2018, 11:48:45 AM
Garuda gains after Sriwijaya deal while Mahindra drops despite earnings beat ✔ However, in this instance I suspect equity traders will be more focused on the 'a long road that lies ahead' as we can only assume it will be filled with numerous potholes ✔ As part of the agreement, Garuda's low-cost carrier Citilink Indonesia will take over operations at Sriwijaya Air and Nam Air


3M Stock Slips After Guidance Update

11/15/2018, 3:49:17 PM
The industrial giant provided largely in-line numbers the morning of its investor day. 3M is down more than 15% so far this year. ✔ The midpoint of 3M’s guidance puts earnings per share at $10.82 per share on revenue of $33.4 billion in revenue, dovetailing with consensus estimates ✔ The news also comes a day after 3M said its board of directors authorized a new $10 billion share-repurchase plan ✔ Make the Connection Boeing (BA) is one industrial that has been able to fly above the fray


Malaysia, Singapore shares edge up

11/15/2018, 10:56:04 AM
Analysts caution earnings risks, falling crude prices will cap gains ✔ For the STI, the upside is capped by tepid growth prospect, whereas the downside is cushioned by cheap valuation ✔ In earnings news, UMS Holdings lost 3% after the precision engineering firm's third quarter result showed a 44% on-year fall in net profit ✔ The deal was at more than 18% discount to previous closing price


Sime Darby looks at exiting China ports business

11/15/2018, 10:39:12 AM
Move in line with non-core asset sales as throughput falls on Sino-US trade row ✔ The divestment is a good way for the company to restructure its business portfolio, said Hong Leong Investment Bank Analyst Daniel Wong ✔ Prime Minister Mahathir Mohamad has enlisted help from foreign automakers, including Nissan Motor and Toyota Motor, to help drive the project in his attempt to boost the country's engineering and manufacturing capabilities ✔ Shares of Sime Darby fell 0.8% to 2.36 ringgit, while the benchmark FTSE Bursa Malaysia KLCI ended 0.3% higher


Futures rise on trade hope, Walmart inches higher after results

11/15/2018, 1:12:06 PM
U.S. stock index futures rose on Thursday, as signs that the United States and C... ✔ Banking stocks looked to rebound, with JPMorgan Chase & Co (JPM.N) rising 1.6 percent after Warren Buffett’s Berkshire Hathaway Inc (BRKa.N) added a $4.02 billion stake in the lender ✔ The rise in U.S. equity futures came even as European markets were hammered as British Prime Minister Theresa May battled to save a draft divorce deal with the European Union after her Brexit secretary and other ministers quit in protest ✔ Our Standards:The Thomson Reuters Trust Principles


US criticises China’s ‘empire and aggression’ in Asia

11/15/2018, 10:01:01 AM
undefined ✔ If no deal is reached, the most likely scenario is that the tariff rate on most of the $250bn of targeted Chinese exports to the US will rise from 10 per cent to 25 per cent in January ✔ At the Asia-Pacific Economic Cooperation (Apec) summit in Papua New Guinea this weekend, Mr Pence is due to unveil details of America’s Indo-Pacific strategy, aimed at providing an alternative to China’s BRI


Property speculation shows signs of cooling off

11/15/2018, 8:37:23 AM
undefined ✔ NH NongHyup Bank mortgage loan adviser Roh Joon agreed ✔ According to a recent outlook released by the Asian Development Bank, Korea's economic growth will slow further not only because of the ongoing U.S.-China trade war but also because of the high degree of vulnerability of its housing sector caused by loose credit policies in recent years ✔ Housing prices that have undergone sharp and sudden reversals, empirical studies have shown, tend to be associated with longer and deeper slowdowns


Hong Kong stocks stage afternoon rally on Tencent, A-shares

11/15/2018, 10:12:04 AM
Casino operators and property developers join the party after tentative start ✔ The Shanghai gauge had dropped on Wednesday after data released the previous day showed Chinese financial institutions extended less than expected credit in October, raising worries it wasn't enough to stem an economic slowdown ✔ Household appliances company Raymond Industrial rose 3% following an 83.6% increase in its net profit for the first nine months of the year


Natural gas skyrockets as China pledges huge supply boost

11/15/2018, 2:03:18 PM
With an eye on last winter’s natural gas supply debacle, Chinese state-owned energy giant CNOOC has pledged a 20 percent rise in gas supply, the company said on Tuesday. ✔ Warmer temperatures El Nino, the warming in Pacific Ocean sea-surface temperatures, has emerged and there’s an increased chance of it continuing through the Northern Hemisphere spring, the Japan Meteorological Agency said on Friday ✔ This article was originally published on Oilprice.com Trends: China newsGas news


Thursday Morning Briefing

11/15/2018, 2:24:53 PM
A deadly crossing ends migrant's American dream, ✔ The dollar jumped and traders bought into the safe-haven yen after the Brexit deal was plunged into uncertainty, spooking investors across currency markets ✔ China sends response to U.S. trade demands Our Standards:The Thomson Reuters Trust Principles


Big-name investors favor U.S. equities over rest of world

11/15/2018, 8:10:38 AM
U.S. equities will outshine their international counterparts over the coming yea... ✔ stock market vs rest of world in 2018: tmsnrt.rs/2PpOxwq) The October selloff in the U.S. stock market, which erased what had been a nearly 10 percent rise in the Dow Jones Industrial Average for the year-to-date, could leave the U.S. stock market poised for gains in the year ahead, said Byron Wien, vice chairman at Blackstone Advisory Partners


Pence Calls for an Indo-Pacific Region Free of Chinese ‘Aggression’

11/15/2018, 2:28:21 PM
Vice President Mike Pence hit out at China during his tour through Asia, signaling an increasingly tough line against Beijing as the world’s two largest economies clash over trade, security and human rights. ✔ I hope the U.S. will stop beautifying itself and pointing the finger at others ✔ We expect all of our allies and partners in this effort to fully enforce all U.N ✔ The circumstances may come where Asean may have to choose one or the other ✔ And America and everybody should realize that they are there


4 Stock Picks by an Early Fan of Apple

11/15/2018, 3:49:18 PM
Epoch Investment Partners’ David Pearl makes the case for Hexcel, Morgan Stanley, CVS Health, and—yes—the iPhone maker. ✔ Pearl describes himself as more optimistic and more patient than Priest ✔ And during this whole period we’ve owned it, the stock has never been at a premium to the market ✔ Another is Move Fast and Break Things: How Facebook, Google, and Amazon Cornered Culture and Undermined Democracy, by Jonathan Taplin


Analysis | The Finance 202: Infrastructure may be back on the table with a gas tax to pay for it

11/15/2018, 1:51:50 PM
But we've heard all this before. ✔ There needs ‘to be not only changes in the legislation but more enforcement’ if the Trump administration wants votes from Democrats, said New Jersey Representative Bill Pascrell, who is positioned to chair the Ways and Means Trade subcommittee, in an interview on Wednesday


>>> Open This Series
Labels:

Comments

Post a Comment

Popular posts from this blog

Travel - SERIES 66 {14 articles}

Tourism plays important role in promoting mutual understanding between China, India - Travel 8/30/2018, 1:42:13 AM undefined ✔ According to him, Hangzhou was adjudged as one of the top 15 global tourist destinations last year, and it's the home of the world's largest e-commerce giant Alibaba ✔ He added that the India-China relationship was special in many ways as our historical and civilizational links naturally bond us together TV host and fashion icon who introduced China to the world 8/30/2018, 12:02:15 AM Today, Chinese people travel and study abroad, watch blockbusters at cinemas, order international fashion brands online, and do business with people from other countries. ✔ Yue-Sai Kan demonstrates makeup for customers in a shopping center in Shanghai in 1996 ✔ The show lasted a year, running for 48 episodes on China Central Television, the State broadcaster, and covering 14 countries ✔ So many people would say to me, 'I never knew the outside world was lik...
Post a Comment
Read more

Travel - SERIES 305 {27 articles}

Are we there yet? Tips for road-trip harmony 10/22/2018, 12:16:35 PM When you think of road trip games, "I Spy" or the "License Plate Game" come to mind. But sometimes your fellow passenger wants to pick a fight. ✔ The safest rooms are located on the side of the hotel farthest from the front entrance, located above ground level but not on the top floor (nothing higher than the sixth floor), without a balcony and not overlooked by another room ✔ Check an online travel agency like Expedia or Booking.com or call your travel agent ✔ Check the rate against the price your preferred hotel would charge if you book direct ✔ Contact him at chris@elliott.org or visit elliott.org The country where people will live longest by 2040 – but UK's not in the top 20 10/22/2018, 1:57:45 PM JAPAN has been toppled from first place as the country with the highest life expectancy. The country where people can expect to live the longest is now Spain. A report by the Institute...
Post a Comment
Read more

Trade War - SERIES 107 {19 articles}

US-China trade war worries are 'overdone,' says CEO 9/10/2018, 3:39:36 AM Worries about the U.S.-China trade war are overdone because the impact on China will not be as immediate and challenging as investors may expect, says Jonathan Slone, CEO of brokerage and investment group CLSA. ✔ Investors are beginning to understand the picture is much more complex than just this noise that we hear over trade, he said ✔ Don't forget they have a demographic challenge, so they're actually changing their industrial policy to fit in with the secular change you're seeing in those overall trade negotiations Trade war fears scupper Volvo Cars initial public offering 9/10/2018, 1:15:09 AM undefined ✔ Like all large car manufacturers, Volvo is facing potential disruption to its business from the global trade war that has seen the US threaten to ramp up tariffs on automotive imports from Europe and China ✔ Volvo is still pursuing an ambitious midterm plan to double sales an...
Post a Comment
Read more

Travel - SERIES 293 {31 articles}

Selfies in the Korean DMZ – and other unusual border travel experiences 10/19/2018, 2:43:20 PM undefined ✔ Such is the political turbulence that has come to define this second decade of the 21st century that it seems we can go from the worrying - and uncomfortably plausible - prospect of global nuclear warfare to selfies on the frontline in the space of less than 18 months ✔ The Wagah border ceremony is quite the spectacleCredit:AFP/SUJIT JAISWAL India-Pakistan While not quite enemies in the Korean style, India and Pakistan can never be described as best buddies The person giving you official travel advice may be an inmate 10/19/2018, 12:11:51 PM A unique program in North Carolina trains female inmates to dispense travel advice and handle roadside assistance for official state toll-free numbers. ✔ The program began in the 1980s, when tourism inquiries were handled by state employees or an imperfect computer system ✔ It’s all about beaches and families scouting universi...
Post a Comment
Read more

Disasters - SERIES 353 {27 articles}

Canada earthquake: Is there a tsunami alert in Canada after three 6 magnitude tremors? 10/22/2018, 9:45:58 PM CANADA was hit by three strong earthquakes struck on Sunday night. But is there a tsunami alert in place? ✔ The earthquakes hit Canadian province British Columbia in less than an hour, according to the United States Geological Survey ✔ However, no casualties or any damage was reported ✔ At 10.39pm local time, the first 6.6 magnitude earthquake hit at a depth of 33 km ✔ The US National Tsunami Warning Center said a tsunami is not expected Costa Del Sol floods latest: Is it safe to travel to Malaga? Are the holiday resorts open? 10/22/2018, 8:12:33 PM COSTA Del Sol in Spain has been declared a disaster zone after intense flooding left one man dead. So is it safe to travel to Malaga? ✔ Some areas received more than half the rain they normally get in a year in just a few hours, with local reports describing the deluge as historic ✔ He offered his condolences to the vict...
Post a Comment
Read more