News related to
trade

An employee of a foreign exchange trading company works near monitors showing U.S. President-elect Donald Trump speaking on TV news (top) in Tokyo, Japan, November 9, 2016. (Toru Hanai/Reuters). With Donald Trump’s victory, the prospects for digital trade have dimmed. This development owes much to the hostility towards trade that Trump brings to the presidency. But it also involves shifts more fundamental than Trump’s rejection of trade […]

4224 28 by Adam Segal November 18, 2016 A man is silhouetted against a video screen with an Facebook logo as he poses with an Samsung S4 smartphone in this photo illustration taken in the central Bosnian town of Zenica, August 14, 2013. (Dado Ruvic/Reuters) Here is a quick round-up of this week’s technology headlines and related stories you may have missed: 1. Disinformation. Disinformation everywhere. Since Donald Trump’s […]

With the dollar’s rally easing up, China’s central bank has set the trading band for its currency stronger for a second straight day. The People’s Bank of China set the midpoint of the renminbi’s 4 per cent trading band against the dollar at Rmb6.88890 on Tuesday, stronger by 0.22 per cent from Monday. That brings the fix 0.4 per cent firmer from the last time it weakened […]

I never thought it could happen. I never thought that Donald Trump would become President of the United States. I just couldn’t conceive of a world in which a celebrity competition reality star, oft-failed businessman, former Comedy Central Roastee, and friend of Grimace would be tapped to lead the greatest economy and military the planet has ever known. And I wasn’t the only one. […]

Qatar’s foreign trade surplus shrank by 34 percent from a year earlier to QR7.7 billion ($2.11 billion) in October, according to data from the Ministry of Development Planning and Statistics. The surplus slumped from more than QR11.6 billion in the year-earlier period because of low natural gas and oil prices. Exports of petroleum gases and other gaseous hydrocarbons fell 19.8 percent to QR11 billion, according to the […]

By J.R. Wu | ITU ABA, South China Sea ITU ABA, South China Sea Taiwan held rescue drills on Tuesday off the coast of its sole outpost in the Spratly Islands of the South China Sea, but the biggest claimant in the disputed area kept uncharacteristically quiet. China and self-governed Taiwan seldom see eye to eye, but in responding to Taipei’s latest assertion of sovereignty over Itu […]

By Joseph Sipalan | KUALA LUMPUR KUALA LUMPUR Malaysia’s prime minister has expressed support for strict Islamic laws as he seeks to consolidate support of ethnic Malay Muslims at a party meeting this week, as frustration over graft and the economy cloud prospects for the next election. Prime Minister Najib Razak has battled calls to resign over the last 18 months, as a scandal at his pet […]

Advertisements

With the Trump cabinet filling up, but a number of key positions still to be announced, vice-president-elect Mike Pence told Fox News tonight that “there will be very important announcements tomorrow.”   Vice President-elect @mike_pence: There will be very important announcements tomorrow. #NewsAlert pic.twitter.com/VOAXMsBhMa — Fox News (@FoxNews) November 29, 2016   So who will it be? POSTS ALREADY FILLED WHITE HOUSE CHIEF OF STAFF * Republican […]

Tuesday 06:00 GMT Overview Markets across Asia were trading cautiously as Wall Street and the US dollar weakened overnight and the price of oil has pulled back. European bourses are expected to open a touch weaker, with spreadbetters predicting the UK’s FTSE 100 will slip about 10 points to 6,790 and Germany’s Dax to drop 20 points to 10,562. US index futures suggest the S&P 500 will […]

The persistent notion that Mr. Castro’s fastball had made him a potential big league prospect has long been debunked by historians. By many accounts, his primary sport as a schoolboy was basketball. He was tall, at 6-foot-2 or 6-foot-3, and he told the biographer Tad Szulc that the anticipation, speed and dexterity required for basketball most approximated the skills needed for revolution. Yet it was primarily baseball, […]

By Sue-Lin Wong | DANDONG, China DANDONG, China A labour agent sat in his bus on a recent frigid morning, waiting to cross the “Friendship Bridge” at China’s main border post with North Korea. He had come to pick up migrant workers and take them to jobs in factories and restaurants in China.  The single-lane bridge in the border city of Dandong is the main gateway for international trade […]

Switzerland has a world-beating position in cross-border investing: its finance industry last year managed SFr6.6tn of assets on behalf of institutions, companies and the rich. So Swiss bankers have a keen interest in the technological revolution sweeping global finance, which has profound implications for the way markets operate. That includes some of the more fantastic ideas about handing the management of clients’ assets entirely to computers — […]

Much of the markets’ mixed reaction reflects uncertainty about a new president who has never held public office, leaving political leaders, business executives and international institutions to make bets on how a Trump administration may rewrite rules that have governed global affairs under American presidents of both parties. Continue reading the main story “For allies and adversaries alike, the election of Donald Trump represents the likely abandonment […]

Saudi Arabia has set a high bar for any oil supply deal ahead of Wednesday’s Opec meeting in Vienna, as it attempts to put pressure on regional rivals Iran and Iraq to accept a larger share of output cuts. The oil production cartel is trying to reach an agreement to curb supplies for the first time since the financial crisis and put an end to a two-year […]

CARACAS Venezuela’s bolivar currency has depreciated an unprecedented 60 percent in a month against the U.S. dollar on the black market to trade at nearly 3,500 on Monday, according to the widely-tracked web site DolarToday. That makes the largest-denomination note of 100 bolivars now worth less than 3 U.S. cents in the crisis-hit OPEC nation. Such is the currency chaos that Venezuelans often carry rucksacks full of […]

November 28, 2016 by: Jessica Dye in New York and John Paul Rathbone in Miami Donald Trump on Monday threatened to end the Obama administration accord that restored diplomatic ties between the US and Cuba if the former Cold War foe did not negotiate a better deal with his government. Following the death of longtime Cuban leader Fidel Castro on Friday, the US president-elect tweeted that he […]

Monday 12:00 GMT. Overview Stock markets in Europe are slipping back, led by losses for embattled Italian financials, on concern about potential contagion spreading from the sector into the eurozone financial system after Italy’s reform referendum. Meanwhile the dollar is cooling after its sustained run higher, with the index tracking the world’s reserve currency against six of its rivals down 0.1 per cent, although it is holding […]

Monday 11:30 GMT. Overview The dollar is cooling after its sustained run higher, with the index tracking the world’s reserve currency against six of its rivals down 0.5 per cent, although it is holding the 100-point mark at 100.940. Stock markets in Europe are slipping back, led by losses for embattled Italian financials. Hot topic Oil is likely to loom large over the week before Wednesday’s Opec […]

Stop me if you think you’ve heard this one before. Italian bank stocks are being hit hard this morning, leading declines across European financials ahead of a key referendum on December 4 that could have major consequences for plans to revive Italy’s troubled financial system. UniCredit – Italy’s most systemically important bank – is the biggest loser, falling 4 per cent, while Banco Popolare, Banca Popolare di […]

No Man’s Sky is finally getting closer to what it was supposed to be, as the new Foundation Update finally adds some features that should’ve been available from day one. The Foundation Update that Hello Games announced a couple of days ago is now live and it brings a number of cool new tricks, including base building, freighters, survival mode, and stackable items. Base Building With the latest Foundation […]

Theresa May will launch a charm offensive in a bid to win Polish support in the forthcoming Brexit negotiations, as pressure grew to guarantee the status of migrant workers. Mrs May will host Polish prime minister Beata Szydło and other senior Polish politicians at a meeting in Downing Street on Monday that will focus on Brexit and defence co-operation, and seek to ease diplomatic tensions caused during […]

It’s laudable that Trump wants to bring factories back to USA.  But how about virtual, monetary factories?  Moving financial institutions such as banks, insurers, brokerage houses, exchanges, and other institutions brings the most bang for the buck when it comes to revitalizing America’s economy. As we explain in Splitting Pennies, even though money doesn’t exist, it’s the most important part of a healthy economy. The business climate […]

Industry eyes opportunity to reinvest at higher yields and leave low rate era behind ©Noam Galai/WireImage/Getty Donald Trump may be just what the global insurance industry needs. Shares in several of the sector’s largest companies have outperformed the market strongly since the US election, on hopes that a prolonged squeeze on their returns is finally drawing to a close. Years of ultra-low rates have eaten away at […]

TOKYO Oil prices tumbled on Monday on fears that producer countries may fail to agree an output cut, pressuring U.S. stocks and the dollar as traders reversed their “Trumpflation” trade as weak oil prices would reduce pressure on U.S. interest rates to rise. That gave some relief to Asian shares, which had underperformed on worries about capital flight to higher-yielding U.S markets in the weeks since Donald […]

VISHNU RAJA
RYO YAMADA
HITORI GOTOH
IKUYO KITA