13h26 Chinese policymakers are
pumping more liquidity into the financial system and channelling
credit to small and medium-sized firms, and Beijing looks set to
further loosen monetary conditions to mitigate threats to growth
from a heated. . .
13h12 Chicago soybean futures eased
slightly on Thursday amid a strengthening dollar as the market
stepped back from the previous session's near one-week top,
though demand for U.S. beans kept a floor under the market.. . .
13h00 One of General
Electric Co's largest and most valuable customers, Saudi
Arabia, is lining up competitors to bid against GE for lucrative
power plant work, according to five people familiar with the
situation.. . .
12h50 U.S. President Donald Trump
thanked two major drug companies on Thursday for not raising
their prices and said his administration was working toward
substantially cutting prescription-drug prices.. . .
12h06 Gold prices sank to a fresh
one-year low on Thursday as the dollar powered higher following
comments from U.S. Federal Reserve chairman Jerome Powell which
reaffirmed expectations for more interest rate rises in the
world's. . .
11h27 The European Union is
preparing a list of counter-measures to potential U.S. tariffs
on European cars, European Trade Commissioner Cecilia Malmstrom
said on Thursday, adding she hoped an EU visit to Washington
could help. . .
11h25 Japan's exports to the United
States fell for the first time in 17 months and Japanese
business sentiment soured amid worries about U.S. President
Donald Trump's protectionist trade policies.. . .
11h16 Norway's REC Silicon, a
supplier to the solar industry, has been hurt by an escalating
trade dispute between the United States and China, the world's
two top solar markets, reporting a second-quarter loss. . .
09h51 Japanese oil refiners will likely
stop loading Iranian crude by mid-September with final shipments
arriving in the first half of October, the head of the nation's
oil refiners association said on Thursday, as the. . .
07h00 U.S. refiners ran full-tilt in
the second quarter, fueled by cheap domestic crude and fat
margins that should boost earnings, though their heavy activity
could eventually saturate the market with gasoline, sapping
profits down the. . .
04h03 Billionaire James Packer has
resigned 22 Australian company directorships in the last few
weeks and no longer holds any board seat in his home country,
corporate records show, signalling his almost full retreat from
public. . .
03h51 U.S. President Donald Trump
said on Wednesday that European leaders were coming to
Washington next week to try to hammer out a deal focused largely
on car tariffs, while his top economic adviser accused. . .
03h30 The Asian Development Bank said
developing Asia is on track to meet growth expectations for this
year and 2019, but warned that rising U.S. protectionist trade
measures and countermeasures from China and others pose. . .
01h53 Citgo Petroleum Corp, the
U.S. subsidiary of Venezuelan state-run oil company PDVSA
, said on Wednesday that the United States had revoked
the visa of its president and chief executive Asdrubal Chavez,
cousin of Venezuela's. . .
01h26 A prolonged U.S. trade war
with China and Europe would dent global economic growth and
force investors to reassess the profitability of U.S. companies,
some of the biggest hedge funds and private equity investors. . .
01h11 Aluminum producer Alcoa Corp
lowered its forecast for adjusted earnings before interest, tax,
depreciation and amortization (EBITDA) for 2018 on Wednesday,
citing U.S. tariffs on imported aluminum and rising energy
costs.. . .
00h43 EBay Inc missed analysts'
estimates for second-quarter revenue on Wednesday, as its online
ticket marketplace StubHub had a disappointing quarter, leading
the e-commerce website to forecast underwhelming third-quarter
results.. . .
00h12 Detour Gold said on Wednesday
it had asked the Ontario Securities Commission (OSC) to
investigate activist investor Paulson and Co's campaign seeking
change at the company, calling it "concerning and unlawful
behavior.". . .
18/07 Sanctions targeting key
Russian economic sectors would kick in swiftly if U.S.
authorities determined the Kremlin had meddled again in a U.S.
election, under a bill gaining momentum in the Senate on
Wednesday.. . .
18/07 A group representing major
automakers will tell the U.S. Commerce Department on Thursday
that imposing tariffs of 25 percent on imported cars and parts
would raise the price of U.S. vehicles by $83 billion. . .
18/07 The S&P 500 rose to its
highest in more than five months and the Dow climbed for a fifth
session on Wednesday as solid earnings boosted financial and
industrial stocks and reinforced expectations for. . .
18/07 A threat by the U.S.
government to impose tariffs of up to 25 percent on imported
auto parts could hit consumers in unexpected ways: higher repair
costs, insurance premiums and even the theft of. . .
18/07 Federal Reserve Chairman
Jerome Powell's official line on U.S. trade policy is one of
careful deference to the Trump administration, acknowledging it
is outside the Fed's responsibility and that it might all turn
out for. . .
18/07 American Express Co reported a
steep rise in quarterly expenses as the credit card issuer spent
more to fund its rewards program, overshadowing its profit beat
and sending its shares down 3.5 percent in. . .
18/07 Tariffs featured heavily in the Federal
Reserve's latest "Beige Book," a summary of the state of U.S.
business across the central bank's 12 regional districts, with
respondents describing the trade spat as creating effects. . .
18/07 European antitrust regulators
fined Google a record 4.34 billion euro ($5 billion) on
Wednesday and ordered it to stop using its popular Android
mobile operating system to block rivals, a ruling which the U.S.
tech. . .
18/07 U.S. grain and soybean futures
touched their highest prices in about a week on Wednesday, as
agricultural markets stabilized following recent drops to
Hopes for increased U.S. commodity export. . .
18/07 Canadian Pacific Railway Ltd
reported a higher-than-expected quarterly profit on Wednesday as
Canada's no.2 railroad operator was helped by higher shipments
of commodities like grains and potash.. . .
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