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Trade War SERIES 629

2019-02-11T04:04:50.637Z
Singapore's aged in line for pre-election budget bonus Singapore's elderly are primed to benefit from a generous budget unveiled n... Schemes to retrain and upskill workers, especially older staff and those facing technological disruption, will also likely feature in the budget, analysts say Giveaways to households, direct or through rebates, historically occur before elections Our Standards:The Thomson Reuters Trust Principles
2019-02-11T03:46:44.364Z
Asian shares slip, looming U.S.-China trade talks in focus Asian shares started the week on the backfoot as investors were unable to shake ... The dollar index held near a six-week high around 96.625 against a basket of currencies, after notching up its strongest weekly gain in six months as traders piled into the greenback in a safe-haven move Our Standards:The Thomson Reuters Trust Principles
2019-02-11T02:48:40.242Z
White House discussing possible trade summit with China at Mar-a-Lago: report But if all goes well, Axios reported the summit could come as soon as mid-March The 90-day tariff truce between the U.S. and China is set to expire March 1, and the Trump administration has threatened to hike tariffs on $200 billion of Chinese goods from 10% to 25% after that date
2019-02-11T00:19:39.360Z
Global trade cycle sends a terse warning - Opinion Rhetoric quickly gave way to action and was followed in short order by US disengagement from the Trans-Pacific Partnership agreement, replacement of the North American Free Trade Agreement with a higher-cost United States-Mexico-Canada Agreement, and, of course, a succession of tariff hikes against China
2019-02-11T00:12:29.875Z
8@eight: ASX set for flat start as global growth concerns resurface What happened overnight and what's ahead for the ASX. Following the central bank’s meeting on Tuesday last week, and RBA governor Philip Lowe’s influential speech on the Wednesday, it’s perhaps a surprise that anymore dovishness from the RBA could be priced into the forward curve Market watch: SPI futures down 4 points to 6007 AUD -0.2% to 70.88 US cents On Wall St: Dow -0.3% S&P 500 +0.1% Nasdaq +0.1% In New York, BHP +0.5% Rio -0.4% Atlassian +1.9% In Europe: Stoxx 50 -0.5% FTSE -0.3% CAC -0.5% DAX -1.1% Spot gold +0.5% to $US1316.61 an ounce on Friday in New York Brent crude +0.8% to $US62.10 a barrel US oil +0.2% to $US52.72 a barrel Spot iron ore to resume trading today Iron ore futures SGX +3.5% to $US92 a tonne LME aluminium -0.7% to $US1880 a tonne LME copper -0.6% to $US6210 a tonne 2-year yield: US 2.47% Australia 1.66% 5-year yield: US 2.44% Australia 1.70% 10-year yield: US 2.63% Australia 2.10% Germany 0.08% US-Australia 10-year yield gap: 53 basis points This column was produced in commercial partnership between The Sydney Morning Herald, The Age and IG
2019-02-10T21:23:38.588Z
China casts a long shadow over Taiwan's economy, and attempts to revitalize it Taiwan's economic dilemma: Move too far away from China, and it could cut Taiwan out of supply chains, regional trade agreements, and the second-biggest market in the world. Grow too dependent on China, and Taiwan’s political future could end up in its hands. In November, fruit seller Liu, in search of an economic jackpot, changed sides Lin Zheng-xiong, a 55-year-old fruit seller, said he’d been selling bushels of 70 to 80 guavas to hotels back when Chinese tourists came to Kaohsiung They can just make you disappear if they want, he said
2019-02-10T19:26:01.190Z
US warns of Huawei’s growing influence over eastern Europe Polish officials see the US as crucial to their national security, particularly in light of Russia’s renewed assertiveness, and hope to persuade the US to establish a permanent military base in the country The US administration said on Friday that it would increase its wider US diplomatic, commercial, military and culture engagement in central Europe, and hoped to offer an alternative to China and Russia
2019-02-10T17:09:16.076Z
Apple Should Shift Focus From China To India India could solve Apple's global growth problem. Tapping into this market won’t be easy for Apple, according to Haris Anwar, Senior Analyst at Investing.com Apple is facing two big challenges in India, a massive untapped market for the company in need of finding other growth avenues to counter a China slowdown, says Anwar Gallery: 2019 30 Under 30: Art & Style 33 images View gallery
2019-02-10T16:15:47.544Z
Gene editing: how agritech is fighting to shape the food we eat A brightly lit lab two hours north-east of London might be an odd place to find people trying to save the world’s most popular banana Gene-editing crops isn’t a natural process, it’s not well understood, says Dana Perls, senior food and agriculture campaigner at Friends of the Earth
2019-02-10T05:15:02.037Z
A tech bear starts to 'creep out of the bunker' and says the Nasdaq could outperform the market Tech investor Paul Meeks is no longer avoiding the group that made him famous on Wall Street. I'm starting to creep out of the bunker, he said Friday on CNBC's Trading Nation For example, when it comes to FANG names Facebook, Amazon, Netflix and Alphabet, Meeks owns them all Nasdaq suffers setback, but tech investor Paul Meeks says it's time to start buying    3:34 PM ET Fri, 8 Feb 2019 | 03:59 Disclaimer
2019-02-09T21:43:03.945Z
Is Alibaba Endangered by China's Slowing Economy? The e-commerce giant lowered its full-year estimates due to current macroeconomic conditions Alibaba's (NYSE:BABA) annual Singles Day sales extravaganza on Nov. 11 saw a slowdown in growth despite hitting a record $30.8 billion in gross merchandise volume (GMV) Alibaba Group Holding Ltd Price % Change Photo: ALIBABA STOCK PERFORMANCE, DATA BY YCHARTS
2019-02-09T21:37:22.762Z
Eurozone’s economic growth forecast cut due to ‘large uncertainty’ The European Commission (EC) has slashed its growth forecast for the 19 countries that use the euro. It said even the lower estimate was vulnerable to large uncertainty from slowing growth in China and weakening global trade. Also on rt.com The EU bubble is doomed to burst in 2019, financial analyst warns It added that China’s economy may be slowing more sharply than anticipated and global financial markets and many emerging markets are vulnerable to abrupt changes in risk sentiment and growth expectations
2019-02-09T18:39:37.872Z