The trade war could 'escalate further' into 2019: TD Securities
11/15/2018, 11:36:18 PMIt's still going to be a "struggle" to get a "concrete trade deal" between the U.S. and China, says Mitul Kotecha of TD Securities. ✔ To view this site, you need to have JavaScript enabled in your browser, and either the Flash Plugin or an HTML5-Video enabled browser ✔ The trade war could 'escalate further' into 2019: TD Securities 20 Hours Ago It's still going to be a struggle to get a concrete trade deal between the U.S. and China, says Mitul Kotecha of TD Securities
Dow Gains 193 Points Because the End of the Trade War Would Be a Very Good Thing
11/15/2018, 8:14:03 PMMarkets turned losses into gains on reports that U.S. Trade Representative Robert Lighthizer told some corporate executives new tariffs on Chinese goods were being delayed. ✔ Text size 2:57 p.m. The Dow Jones Industrial Average has turned a nearly 300-point drop into a 200-point gain on reports that U.S. Trade Representative Robert Lighthizer told some corporate executives new tariffs on Chinese goods were being delayed ✔ This news should help reverse the weakness in cyclicals relative to defensives
Trump seems to be backing down in the trade war with China after electoral blowback and growing economic worries
11/15/2018, 9:38:51 PMThere are growing signs that President Donald Trump is backing off his trade war with China and a deal to drop tariffs could be on the way. ✔ But political and economic hits of late may point to the cause ✔ Trump has threatened to hit the remaining $257 billion worth of Chinese goods not caught up in the conflict with tariffs and the 10% tariff on the $200 billion worth of Chinese goods currently hit with restrictions is set to increase to 25% come January 1
Corporate Japan's net profits to inch up 1% in sharp slowdown
11/15/2018, 8:32:18 PMFiscal 2018 growth will be much smaller than 34% jump in fiscal 2017 ✔ Price trends in nonferrous metals like copper are often considered bellwethers of the global economy ✔ Sumitomo Metal Mining now projects net profit to decline 10%, a reversal from the previously forecast 4% increase ✔ SoftBank Group, booked huge valuation gains on its SoftBank Vision Fund investment vehicle
China probes Fanuc and 9 other foreign factory automation players
11/15/2018, 11:56:53 PMCharges of dumping seen as shield for homegrown peers shut out of US by tariffs ✔ The inquiry will be wrapped up by October 2019, after which tariffs or other measures will be imposed should the authorities conclude that these companies engaged in dumping ✔ China is a key market for Japanese machine tool makers, with about 30% of those exports shipped to the country
China launches dumping probe into Fanuc
11/15/2018, 5:14:10 PMJapanese and Taiwanese tool makers targetted as Beijing shields local rivals ✔ The inquiry will be wrapped by October 2019, after which tariffs or other measures will be imposed should the authorities conclude that these companies engaged in dumping ✔ China is a key market for Japanese machine tool makers, with about 30% of those exports shipped to the country
Pound plunges on Brexit uncertainty
11/15/2018, 9:53:13 PMBUSINESS DAILY : The pound sterling plunged, after a string of British ministers quit their posts, in protest over the draft Brexit deal. Ranko Berich of... ✔ The pound sterling plunged, after a string of British ministers quit their posts, in protest over the draft Brexit deal ✔ Ranko Berich of Monex Europe gave us his perspective on what's next for the currency ✔ Also in the show - we discover how the UK economy has fared since the Brexit referendum, and the latest on the US-China trade war
U.S. big investors' best investment ideas for 2019
11/15/2018, 7:24:22 PMThe best investment ideas for 2019 range from buying local currencies in emergin... ✔ Instead, We think we will see more M&A as the leaders try to get bigger and try to consolidate some of their power ✔ Monica Erickson, a portfolio manager at DoubleLine Capital, expects that bank loans will be the most attractive fixed-income investment in 2019 ✔ Follow Reuters Summits on Twitter @Reuters_Summits Our Standards:The Thomson Reuters Trust Principles
U.S. bankers say lower ag income pressures farm finances: Kansas...
11/15/2018, 5:03:13 PMFarm incomes and agrarian credit conditions continued to erode in the third quar... ✔ Although farmland values remained stable - or improved slightly in some areas - increasing stress in the farm sector could put downward pressure on farm real estate values moving forward, according to bankers ✔ Louis Fed report: bit.ly/2FnvBcX Our Standards:The Thomson Reuters Trust Principles
Trump Forged His Ideas on Trade in the 1980s—And Never Deviated
11/15/2018, 6:02:54 PMThe president has been consistent on trade for decades, unlike on other issues, both in tone and substance. Longtime acquaintances say his philosophy came out of his experience in the cutthroat world of New York real estate and the rise of Japan as a global economic power. ✔ Japan and other nations have been taking advantage of the United States for years, wrote the New York real-estate developer, in the typewritten letter addressed To The American People, his signature affixed to the bottom ✔ Mr. Trump in his New York office with Chrysler CEO Lee Iacocca in 1987 ✔ He named just one: I could have done trade a little bit earlier
Japan proposes cooperation with ASEAN to tackle plastic debris
11/15/2018, 10:02:01 PMJapan on Thursday offered to cooperate with other Asian countries to address ocean pollution by reducing plastic debris. Japan, together with China and South Korea, will assist the Association of Southeast Asian Nations in enhancing their monitoring of plastic waste and assessing the impact on the marine ecosystem through research,… ✔ The U.S.-North Korea denuclearization talks have produced few tangible results so far despite initial hopes ✔ Major power rivalry is on the rise, manifesting itself in competing visions for the regional architecture and in a growing trade war, Lee said at the summit
Pence rejects 'empire and aggression' in Indo-Pacific
11/15/2018, 10:21:00 PMSingapore's Lee fears having to choose between US and China ✔ A key mission for Pence on this trip -- which will later be extended to Papua New Guinea -- is to play up Washington's efforts to boost infrastructure investment in the region at a time when China is doing the same with its Belt and Road Initiative ✔ China is willing to strengthen communication and coordination with the Singaporean side, deepen mutually beneficial cooperation, and continuously bring bilateral ties to higher levels, Li said
Japan urges cooperation with ASEAN on N Korea, environment
11/15/2018, 11:51:29 PMJapanese Prime Minister Shinzo Abe on Thursday urged other Asian countries to step up cooperation on enforcing U.N. sanctions on North Korea and on environmental issues. At summit talks in Singapore, Abe called on China, South Korea and the Association of Southeast Asian Nations to ramp up efforts to prevent… ✔ Japan also offered to help address ocean pollution by reducing plastic debris ✔ Japan, together with China and South Korea, will assist the 10 ASEAN countries in enhancing their monitoring of plastic waste and assessing the impact on the marine ecosystem through research, according to an action plan presented at the summit ✔ Major power rivalry is on the rise, manifesting itself in competing visions for the regional architecture and in a growing trade war, Lee said at the summit
JPMorgan's global research chief breaks down 4 huge shifts that will make the next financial crisis unlike any in history — and explains why the best-known safeguards won't work
11/15/2018, 5:25:49 PMIn an exclusive interview with Business Insider, JPMorgan's Joyce Chang laid out four paradigm shifts that will render old financial-crisis playbooks obsolete. ✔ We would, for our top clients, actually FedEx it to them so they would get it more quickly ✔ The Japanese yen also provided little protection against losses ✔ To read the full article, simply click here to claim your deal and get access to all exclusive Business Insider PRIME content
Nvidia jumps into its earnings report — here's how to trade the chips now
11/15/2018, 8:41:59 PMShares of semiconductor manufacturer Nvidia surged on Thursday ahead of its earnings report due out after the bell, along with the rest of the chip space. Some see the name heading higher even as the group faces tariff-related vulnerabilities. ✔ More broadly, the trade war between the U.S. and China has rocked the semiconductor group this year given their exposure to China ✔ Gina Sanchez, CEO of Chantico Global, is wary of the name living up to expectations in several areas of its report ✔ Wall Street analysts are expecting earnings of $1.71 per share, according to FactSet data
Addepar CEO says investors want better returns, fear volatility
11/15/2018, 9:56:26 PMHigh net worth investors are increasingly eager to move piles of cash into highe... ✔ With $1.3 trillion of assets from financial advisers of primarily ultra-high net worth individuals, Addepar has a particular lens into how investors are reacting ✔ Follow Reuters Summits on Twitter @Reuters_Summits Our Standards:The Thomson Reuters Trust Principles
US and China step up effort to strike G20 truce on trade
11/15/2018, 6:24:37 PMundefined ✔ The US and China have intensified efforts to strike a truce at the G20 that would curb their trade war ✔ One person familiar with the situation said Robert Lighthizer, US trade representative, had told some industry executives the next tranche of levies was already on hold
Big Retail Stocks Could Bloom After a Weak Holiday Season
11/15/2018, 7:57:59 PMThe holidays could disappoint for multinational retailers but they could blossom in 2019 as U.S.-China trade tensions ease. ✔ Text size The holiday season doesn’t look like it will be very merry for many multinational retailers, but Nomura Instinet argues that they aren’t out for the count ✔ Yet in reality, we haven’t seen any anti-America backlash from consumers overseas against U.S. brands
Income-Investing Tactics for a Tougher Time
11/15/2018, 5:17:58 PMLife is getting rougher for income investors as interest rates rise and bond prices fall. But there are still plenty of ways to achieve respectable returns. ✔ Text size Life is getting better, and tougher, for income investors ✔ Two of the featured speakers at the conference, organized by Inside ETFs and held in Newport Beach, Calif., offered very different approaches to income investing ✔ These holdings’ relative safety should provide protection if the economy falters
Cisco stock has best day in at least a year as confident outlook in earnings cheered
11/15/2018, 8:48:23 PMCisco Systems Inc.’s stock heads for its best day in at least a year Thursday as analysts embrace the networking giant’s optimism moving forward into an environment where many fear tariffs, a slump in enterprise spending, and a higher dollar pose significant headwinds. ✔ Don’t miss: Cisco and Amazon partner on hybrid-cloud approach Further, investor perceptions about the company as a ‘melting ice cube’ fighting against workload migration, market share pressures, etc., are wrong, Notter said ✔ We Want to Hear from You Join the conversation Comment
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