Sunday, June 30, 2019

Thousands pour into the streets of Hong Kong to mark 22 years since its handover to China

June 30, 2019 Posted by FOREX MAROC , , No comments
Thousands of protesters took to the streets of Hong Kong on Monday to demonstrate against a recent proposed extradition bill, as the city marked the 22nd anniversary of the former British colony's handover to China.

from World News & Analysis https://ift.tt/3226nbb

Japan big manufacturers' mood hits near 3-year low as trade war bites

June 30, 2019 Posted by FOREX MAROC , , No comments
Japanese big manufacturers' business confidence worsened to a nearly three-year low in the quarter to June, a central bank survey showed, in yet another sign of the growing economic toll exerted by slowing global demand and the U.S.-China trade war.

from World News & Analysis https://ift.tt/2Ji0WMJ

Asia stocks set to trade mixed after Trump and Xi agree to a pause in tariff escalation

June 30, 2019 Posted by FOREX MAROC , , No comments
Stocks in Asia Pacific were set to trade mixed Monday after U.S. President Donald Trump and Chinese President Xi Jinping agreed over the weekend not to slap more tariffs on each other.

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Trump shook hands with Kim Jong Un in the Demilitarized Zone — here are photos and video

June 30, 2019 Posted by FOREX MAROC , , No comments
Trump became the first sitting U.S. president to set foot in North Korea when he crossed over the military demarcation line in the village into the North before he turned back to the southern side together with Kim.

from World News & Analysis https://ift.tt/2RLiOnc

Saturday, June 29, 2019

G-20 leaders sidestep trade protectionism in communique

June 29, 2019 Posted by FOREX MAROC , , No comments
Group of 20 leaders stopped short of denouncing protectionism, instead calling for the need to realize a "free, fair, non-discriminatory" trade environment in a communique issued after their two-day meeting in Osaka, western Japan, on Saturday.

from World News & Analysis https://ift.tt/2KMIv6m

Friday, June 28, 2019

Trump and Xi agree to further trade talks at high-stakes meeting in Japan

June 28, 2019 Posted by FOREX MAROC , , No comments
U.S. President Donald Trump and Chinese President Xi Jinping agreed on Saturday to proceed with trade negotiations after a series of escalations to their nations' trade war threatened to disrupt the global economy.

from World News & Analysis https://ift.tt/2RH92Tb

World Bank chief urges reforms to attract investment amid trade uncertainty

June 28, 2019 Posted by FOREX MAROC , , No comments
Uncertainty from trade tensions and slowing global growth is increasing the need for developing countries to pursue reforms that make them more attractive to private investment, World Bank President David Malpass said.

from World News & Analysis https://ift.tt/3218b4b

Here's what happens in the 6 extra minutes of footage from the 'Avengers: Endgame' rerelease

June 28, 2019 Posted by FOREX MAROC , , No comments
On Friday Disney and Marvel Studios began showing a new theatrical release of "Avengers: Endgame" with a special tribute, a deleted scene and a teaser for "Spider-Man: Far From Home" at the end of the credits.

from World News & Analysis https://ift.tt/2ZTyEPn

Thursday, June 27, 2019

Meet the man behind Modi's first Indian election slogan — the one that was borrowed by Trump

June 27, 2019 Posted by FOREX MAROC , , No comments
President Donald Trump used three slogans in his 2016 election campaign, two of which will be familiar: "America First" and "Make America Great Again." The third was in Hindi: "Ab ki baar Trump sarkar," which means: "This time, Trump government."

from World News & Analysis https://ift.tt/2Xgsegn

The Middle East and Africa have 'huge upside' in digital transformation: Abu Dhabi Global Market

June 27, 2019 Posted by FOREX MAROC , , No comments
The Middle East and Africa have seen many changes in terms of digital transformation, but there's still "huge upside," and financial technology firms are looking for opportunities there, according to Abu Dhabi Global Market.

from World News & Analysis https://ift.tt/2JbNnOW

Wednesday, June 26, 2019

To dodge US tariffs, Chinese exporters shift production to low-cost nations

June 26, 2019 Posted by FOREX MAROC , , No comments
In recent years, some Chinese manufacturers had already started to relocate some of their capacity to countries such as Vietnam and Cambodia. The trade war is now pushing more to follow suit, especially makers of low-tech and low-value goods.

from World News & Analysis https://ift.tt/2LlJFVO

Tuesday, June 25, 2019

G-20 summit draft communique reportedly calls for promotion of free trade

June 25, 2019 Posted by FOREX MAROC , , No comments
Leaders of the Group of 20 major economies will likely call for the "promotion of free trade" as a means to achieve strong global growth when they meet for a summit this week, Japan's Asahi newspaper reported on Wednesday.

from World News & Analysis https://ift.tt/2Jb5zbl

Monday, June 24, 2019

Amid skepticism, US to launch first part of Middle East peace plan in Bahrain

June 24, 2019 Posted by FOREX MAROC , , No comments
The first stage of U.S. President Donald Trump's Middle East peace plan will be launched on Tuesday at a conference the White House touts as a bid to begin drumming up $50 billion in investment.

from World News & Analysis https://cnb.cx/2Fw9bUF

Nissan to postpone talks with Renault to focus on recovery, CEO says

June 24, 2019 Posted by FOREX MAROC , , No comments
Nissan Motor will postpone talks with French partner Renault on deepening their alliance and instead focus on its own recovery, Chief Executive Hiroto Saikawa said on Tuesday, signaling no quick-fix for the strained automaking partnership.

from World News & Analysis https://cnb.cx/2J2tKc9

China's vice premier holds call with US trade negotiators Lighthizer, Mnuchin

June 24, 2019 Posted by FOREX MAROC , , No comments
Chinese Vice Premier Liu He held a phone conversation with U.S. Trade Representative Robert Lighthizer and U.S. Treasury Secretary Steven Mnuchin, China's Ministry of Commerce said in a statement on Tuesday.

from World News & Analysis https://cnb.cx/2J93U6n

Sunday, June 23, 2019

US secretary of state seeks global coalition in the Middle East against Iran amid rising tensions

June 23, 2019 Posted by FOREX MAROC , , No comments
Secretary of State Mike Pompeo said Sunday he wants to build a global coalition against Iran during urgent consultations in the Middle East, following a week of crisis that saw the United States pull back from the brink of a military strike on Iran.

from World News & Analysis https://cnb.cx/2RzH2Ro

US might require 5G equipment for domestic use to be manufactured outside of China: WSJ

June 23, 2019 Posted by FOREX MAROC , , No comments
The Trump administration is considering a requirement that 5G next-generation cellular equipment for use in the U.S. be developed and produced outside of China, according to The Wall Street Journal.

from World News & Analysis https://cnb.cx/2ZLPVKv

Asia Pacific trade pact can go on without India 'for the time being:' Malaysian PM Mahathir

June 23, 2019 Posted by FOREX MAROC , , No comments
Sixteen Asia Pacific countries have been negotiating the Regional Comprehensive Economic Partnership since 2013, with India's reluctance to open up its markets a major sticking point.

from World News & Analysis https://cnb.cx/2WYy80E

Saturday, June 22, 2019

Inside Trump's $50 billion economic plan for Mideast peace

June 22, 2019 Posted by FOREX MAROC , , No comments
The Trump administration's Middle East economic plan calls for creation of a global investment fund to lift Palestinian and neighboring Arab state economies, and construction of a $5 billion transportation corridor to connect the West Bank and Gaza.

from World News & Analysis https://cnb.cx/2RtpgPD

Oil tanker attacks in the Strait of Hormuz requires an 'international response': US envoy to Iran

June 22, 2019 Posted by FOREX MAROC , , No comments
The international community must do more to ensure maritime security in the world's busiest transit lane for seaborne oil shipments, according to the U.S. special representative to Iran.

from World News & Analysis https://cnb.cx/2Y0zedH

Erdogan's chief antagonist seeks a lasting victory in Istanbul

June 22, 2019 Posted by FOREX MAROC , , No comments
Recent polls give Imamoglu of the secularist Republican People's Party (CHP) a lead of as much as nine percentage points over Yildirim of the Islamist-rooted AKP, far larger than his 0.2 percentage-point victory on March 31.

from World News & Analysis https://cnb.cx/2RtCEmJ

Friday, June 21, 2019

Hong Kong police call protesters 'illegal, irrational and unreasonable' over siege of headquarters

June 21, 2019 Posted by FOREX MAROC , , No comments
Hong Kong police on Saturday condemned protesters that surrounded its headquarters as "illegal, irrational and unreasonable" as tensions over the city's relations with mainland China boiled over into anger toward law enforcement.

from World News & Analysis https://cnb.cx/2FqQsd7

Thursday, June 20, 2019

Lawmakers' probe of UK stockpicker and broking giant could shake up fund industry, analysts say

June 20, 2019 Posted by FOREX MAROC , , No comments
A post-mortem by British lawmakers and regulators into the suspension of the U.K.'s best known stockpicker's flagship fund could expose some systemic flaws in the fund industry, analysts suggest.

from World News & Analysis https://cnb.cx/2MZH9qx

'We need to stay here:' Hong Kong protesters again demand city's leader quit

June 20, 2019 Posted by FOREX MAROC , , No comments
After a brief respite, Hong Kong protesters Friday again pressed the city's leader to resign over an unpopular plan to allow extraditions to mainland China, three days after after she vowed to finish her term in office.

from World News & Analysis https://cnb.cx/2ItgkXu

Boris Johnson and Jeremy Hunt in battle to be Britain's next prime minister

June 20, 2019 Posted by FOREX MAROC , , No comments
Fervent Brexit campaigner Boris Johnson and foreign minister Jeremy Hunt emerged on Thursday as the only two candidates left in the race to become British prime minister, with the flamboyant Johnson odds-on favourite to win next month.

from World News & Analysis https://cnb.cx/2IuwjEH

Foxconn chairman hands over reins to new committee ahead of presidential bid

June 20, 2019 Posted by FOREX MAROC , , No comments
Foxconn Chairman Terry Gou said on Friday he will hand over the running of the world's largest electronics contract manufacturer to a new operations committee as he prepares to contest Taiwan's presidential elections next year.

from World News & Analysis https://cnb.cx/31NzfDV

Iran airspace concerns prompt United Airlines to suspend Newark-Mumbai flights

June 20, 2019 Posted by FOREX MAROC , , No comments
United Airlines said it had suspended flights from New Jersey's Newark airport to the Indian financial capital of Mumbai following a safety review after Iran shot down a high-altitude U.S. surveillance drone.

from World News & Analysis https://cnb.cx/2RoqhIy

Wednesday, June 19, 2019

Waymo inks driverless car deal with Renault, Nissan to develop autonomous vehicles for France, Japan

June 19, 2019 Posted by FOREX MAROC , , No comments
Waymo has signed a deal with Renault and Nissan to develop self-driving cars and trucks for use in France, Japan and possibly other countries in Asia, including China, the autonomous car company announced Thursday.

from World News & Analysis https://cnb.cx/2IrwSiu

Gold prices surge to five-year high after dovish Fed opens door for rate cut

June 19, 2019 Posted by FOREX MAROC , , No comments
Gold prices spiked in the afternoon of Asian trading hours on Thursday after a dovish U.S Federal Reserve opened the door to further rate cuts, and the 10-year Treasury yield slipped below 2% for the first time since November 2016.

from World News & Analysis https://cnb.cx/2WPyKpf

Australia's central bank flags lower rates in jobs hunt

June 19, 2019 Posted by FOREX MAROC , , No comments
Australia's top central banker on Thursday said it was not "unrealistic" to expect a further reduction in interest rates given ample slack in the labor market, and called on the government for action on fiscal stimulus.

from World News & Analysis https://cnb.cx/2L71DLH

I tried out a vegetarian diet for 21 days. Here's what I learnt about the growing meatless movement.

June 19, 2019 Posted by FOREX MAROC , , No comments
Meatless alternatives are on the rise, fueled by startups and companies. CNBC's Uptin Saiidi tried out 21 days as a vegetarian and explores whether this is a fad or the future of food.

from World News & Analysis https://cnb.cx/2KoHDo0

Tuesday, June 18, 2019

Most SoftBank Vision Fund investors want to join the second fund, says CEO Masayoshi Son

June 18, 2019 Posted by FOREX MAROC , , No comments
Most investors in SoftBank Group's $100 billion Vision Fund want to join the group's forthcoming second fund, founder and Chief Executive Masayoshi Son said on Wednesday, adding discussions would begin soon.

from World News & Analysis https://cnb.cx/2ZxDm5a

Trump says Shanahan has withdrawn from Defense secretary consideration

June 18, 2019 Posted by FOREX MAROC , , No comments
President Donald Trump on Tuesday announced that he will not nominate acting Defense Secretary Patrick Shanahan to hold the position in a permanent capacity. Army Secretary Mark Esper will become the new acting defense secretary, Trump said.

from World News & Analysis https://cnb.cx/2XgDeK0

How a '90s nostalgia trend powered the comeback of two century-old sports brands

June 18, 2019 Posted by FOREX MAROC , , No comments
The fashion industry is currently swept up in a storm of nostalgia. Riding on this throwback wave, Italian heritage brand Fila and American sweatshirt producer Champion are enjoying another lease of life.

from World News & Analysis https://cnb.cx/2XmyzpM

China backs Pyongyang's efforts to solve Korea Peninsula issues, Xi says in op-ed

June 18, 2019 Posted by FOREX MAROC , , No comments
Chinese President Xi Jinping said in an op-ed in North Korean state newspaper Rodong Sinmun on Wednesday that China supports North Korea's "correct direction" in resolving the issue of the Korean Peninsula politically.

from World News & Analysis https://cnb.cx/2WRLTmS

We need to use persuasion rather than military action in Venezuela, Colombia's president says

June 18, 2019 Posted by FOREX MAROC , , No comments
Daily pressure should be exerted on Venezuela's military regime to defect from the Maduro regime rather than international military intervention, Colombia's president told CNBC on Tuesday.

from World News & Analysis https://cnb.cx/2ZxIC8Z

Monday, June 17, 2019

Alibaba reshuffles management; chief financial officer to oversee strategic investment unit

June 17, 2019 Posted by FOREX MAROC , , No comments
China's Alibaba Group on Tuesday said its chief financial officer, Maggie Wu, will oversee the firm's strategic acquisitions and investments unit, as part of a business and management reshuffle at the e-commerce giant.

from World News & Analysis https://cnb.cx/2XUtan1

China's new home prices in May grows at fastest pace in five months

June 17, 2019 Posted by FOREX MAROC , , No comments
New home prices in China rose at their fastest pace in five months in May, complicating government efforts to keep frothy housing markets under control as it rolls out more stimulus for the slowing economy.

from World News & Analysis https://cnb.cx/2Xjm26I

US firms say China tariffs will raise costs, see few sourcing alternatives

June 17, 2019 Posted by FOREX MAROC , , No comments
A wide range of U.S. companies told a hearing in Washington on Monday that they have few alternatives other than China for producing clothing, electronics and other consumer goods as the Trump administration prepares new tariffs on remaining U.S.-China trade.

from World News & Analysis https://www.cnbc.com/2019/06/18/us-firms-say-china-tariffs-will-raise-costs-few-alternative-sources.html

Death toll from China earthquakes rises to 11

June 17, 2019 Posted by FOREX MAROC , , No comments
The death toll from two strong earthquakes in China rose to 11 on Tuesday, with 122 people injured, state media said, adding that rescuers pulled some survivors from rubble in a part of the country that often suffers strong tremors.

from World News & Analysis https://www.cnbc.com/2019/06/18/death-toll-from-two-sichuan-china-earthquakes-rises-to-11.html

Trump 'perfectly happy' to slap further tariffs on China if no deal is reached, Wilbur Ross says

June 17, 2019 Posted by FOREX MAROC , , No comments
President Donald Trump is ready to proceed with tariffs on the remaining $300 billion in Chinese goods in the absence of a trade deal, according to U.S. Commerce Secretary Wilbur Ross.

from World News & Analysis https://cnb.cx/2XiEBI7

Sunday, June 16, 2019

African swine fever could drive up inflation in emerging markets as pork prices soar

June 16, 2019 Posted by FOREX MAROC , , No comments
African swine fever, which has already ravaged pig herds in China and pushed up food prices there, could also drive up inflation in the other emerging markets, according to research firm Capital Economics.

from World News & Analysis https://cnb.cx/2XSI258

Hong Kong democracy activist Joshua Wong freed from jail, and vows to join mass protests

June 16, 2019 Posted by FOREX MAROC , , No comments
Hong Kong democracy activist Joshua Wong walked free from prison on Monday after serving nearly five weeks for contempt of court, pledging to join a mass protest movement demanding that the city's Chief Executive Leader Carrie Lam.

from World News & Analysis https://cnb.cx/2KQQIFw

Chinese activists seek UN investigation into Tiananmen crackdown

June 16, 2019 Posted by FOREX MAROC , , No comments
More than 20 Chinese activists who took part in the Tiananmen Square pro-democracy movement called on Monday on the United Nations' top human rights body to investigate Beijing's deadly crackdown 30 years ago.

from World News & Analysis https://cnb.cx/2XgZt2y

Saudi seeks oil supply protection as U.S and Iran face off

June 16, 2019 Posted by FOREX MAROC , , No comments
*Trumps says U.S. video shows Iran "did it". DUBAI, June 15- Saudi Arabia called for swift action to secure Gulf energy supplies and joined the United States in blaming Iran for attacks on two oil tankers in a vital shipping route that have raised fears of broader confrontation in the region. Washington, already embroiled in a standoff with Iran over its nuclear...

from World News & Analysis https://cnb.cx/2KjGj5V

Crowds demand Hong Kong's top official quit after only pausing on China extradition plan

June 16, 2019 Posted by FOREX MAROC , , No comments
Hong Kong protesters took to the streets Sunday to demand the city's top official resign a day after she suspended — but did not withdraw —contentious legislation to allow extraditions to China that opponents say must be scrapped entirely.

from World News & Analysis https://cnb.cx/2WLdIbs

Saturday, June 15, 2019

Vladimir Putin is muscling his way into Africa, and that is bad news for US interests

June 15, 2019 Posted by FOREX MAROC , , No comments
When Moscow sees a vacuum in Africa left by Europe or the United States, it increasingly steps in with trade and business agreements, military sales and cooperation, and political and paramilitary support, writes Fred Kempe of the Atlantic Council.

from World News & Analysis https://cnb.cx/2XmQ1L6

Friday, June 14, 2019

China denies Philippines' allegations of 'hit and run' in South China Sea

June 14, 2019 Posted by FOREX MAROC , , No comments
China has rejected Philippine allegations that a Chinese fishing vessel abandoned 22 Filipinos after it sank their boat in the South China Sea, as pressure builds on President Rodrigo Duterte to take a tougher line.

from World News & Analysis https://cnb.cx/2MLg9Lk

Hong Kong government reportedly set to suspend China extradition bill

June 14, 2019 Posted by FOREX MAROC , , No comments
The Hong Kong government is set to suspend a contentious proposal to allow extraditions to mainland China after mass protests and street clashes shook the Asian trade and finance center, local media reported Saturday.

from World News & Analysis https://cnb.cx/2WKXpQW

Thursday, June 13, 2019

Wednesday, June 12, 2019

UK leadership contest steps up a gear ahead of first round of voting

June 12, 2019 Posted by FOREX MAROC , , No comments
The race to succeed Theresa May as leader of the ruling Conservative Party and prime minister enters a new phase on Thursday with Tory members of parliament (MPs) set to have their first vote for their preferred candidate.

from World News & Analysis https://cnb.cx/2ICjxD3

China's Vice Premier Liu He calls for more measures to support economy

June 12, 2019 Posted by FOREX MAROC , , No comments
Chinese regulators should step up support for the economy and keep ample liquidity in the financial system, Vice Premier Liu He said on Thursday, suggesting Beijing would soon unveil more policies to bolster growth amid rising U.S. trade pressure.

from World News & Analysis https://cnb.cx/2WHultt

Tony Hawk turned down a $500,000 royalty check in his 20s — here's why

June 12, 2019 Posted by FOREX MAROC , , No comments
Skateboarder Tony Hawk turned down a buyout offer from Activision and his instinct paid off: His licensing deal ran for 16 years until 2015 and the Tony Hawk series generated an estimated $1.4 billion in sales worldwide.

from World News & Analysis https://cnb.cx/2Kf5erp

White House says it will meet two-year deadline to ban business with Huawei contractors

June 12, 2019 Posted by FOREX MAROC , , No comments
The White House Office of Management and Budget told the U.S. Congress it will meet a two-year deadline to ban federal contracts with companies that do business with Chinese telecom giant Huawei.

from World News & Analysis https://cnb.cx/2XJu4CC

Tuesday, June 11, 2019

Grab eyes Singapore banking license as regulator studies virtual banks

June 11, 2019 Posted by FOREX MAROC , , No comments
Grab, Southeast Asia's most valuable start-up, is exploring a move into Singapore banking as regulators in the Southeast Asian city-state consider allowing online-only banks, four people with knowledge of the process said.

from World News & Analysis https://cnb.cx/2WEGQpq

Monday, June 10, 2019

Huawei exec: We need more time to become the world's top phone maker

June 10, 2019 Posted by FOREX MAROC , , No comments
China's Huawei Technologies will need more time to become the world's largest smartphone maker, a goal it originally aimed to achieve in the fourth quarter of this year, a senior executive said on Tuesday.

from World News & Analysis https://cnb.cx/2X2Ejow

New York, London and Paris remain the world's most competitive cities — but perhaps not for long

June 10, 2019 Posted by FOREX MAROC , , No comments
New York, London and Paris continue to dominate as the world's top three most competitive cities. But their prime positions could be up for contention, according to a new report.

from World News & Analysis https://cnb.cx/2KI27Y7

Japan's prime minister set to meet with Iran's Rouhani this week

June 10, 2019 Posted by FOREX MAROC , , No comments
Prime Minister Shinzo Abe will meet Iranian Supreme Leader Ayatollah Ali Khamenei and President Hassan Rouhani on a visit this week that aims at easing regional tension, in what experts called a rare, bold move for a Japanese leader.

from World News & Analysis https://cnb.cx/2wLEh5J

Heavy rain lashes southern China, stranding thousands and killing 5

June 10, 2019 Posted by FOREX MAROC , , No comments
The official China Daily said floods had wiped out crops and destroyed hundreds of houses in the Jiangxi province, with a total of 1.4 million people affected and direct economic losses amounting to 2.65 billion yuan ($382.41 million).

from World News & Analysis https://cnb.cx/2R5ejni

Asia Pacific stocks set to trade mixed as Trump makes China tariff threat

June 10, 2019 Posted by FOREX MAROC , , No comments
Stocks in Asia Pacific were poised to open mixed on Tuesday. Meanwhile, U.S. President Donald Trump threatened to impose tariffs on Chinese goods should Chinese President Xi Jinping fail to attend the G-20 meeting.

from World News & Analysis https://cnb.cx/2wLn7Fl

Sunday, June 9, 2019

Hong Kong leader vows to go ahead with contentious China extradition law despite mass protest

June 09, 2019 Posted by FOREX MAROC , , No comments
Hong Kong's top official doubled down on a plan to allow extraditions to the Chinese mainland after hundreds of thousands of protesters took to the streets demanding it be scrapped and she resign in the biggest protest to shake the city in years.

from World News & Analysis https://cnb.cx/2wKLgvW