User: newstrust Topic: Business
Category: Global Economy :: China and Global Economy
Last updated: Jan 20 2019 10:32 IST RSS 2.0
 
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China's slowdown and what it means for the UK 20.1.2019 BBC: Business
China has for years seen astonishing GDP growth, but who will be worse of when the economic powerhouse falters?
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After Trump’s Tariffs, American Steel Industry Faces Downturn 20.1.2019 Outside the Beltway
Despite the President's claims, the American steel industry isn't doing well at all.
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U.S. demands regular review of China trade reform 20.1.2019 Raw Story

The United States is pushing for regular reviews of China’s progress on pledged trade reforms as a condition for a trade deal – and could again resort to tariffs if it deems Beijing has violated the agreement, according to sources briefed on negotiations to end the trade war between the two na...

The post U.S. demands regular review of China trade reform appeared first on Raw Story.

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US demands regular review of China trade reform 19.1.2019 Raw Story

The United States is pushing for regular reviews of China’s progress on pledged trade reforms as a condition for a trade deal – and could again resort to tariffs if it deems Beijing has violated the agreement, according to sources briefed on negotiations to end the trade war between the two na...

The post US demands regular review of China trade reform appeared first on Raw Story.

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Trump’s shutdown takes toll because of the White House’s ‘shoestring’ staff: former official 19.1.2019 Raw Story

The government shutdown is headed into its fourth week, and millions of Americans are feeling the impact. Little progress has been made to reopen of the government after a whirlwind week in Washington filled with “petty” politics. According to Politico, former White House officials warne...

The post Trump’s shutdown takes toll because of the White House’s ‘shoestring’ staff: former official appeared first on Raw Story.

Exclusive: They Spy With Their Little Eye 19.1.2019 ConsortiumNews.com
The Five Eyes, a part of what the NSA calls internally its “global network,” have their dirty fingerprints all over the latest spying scandal engulfing New Zealand, writes exiled Kiwi journalist and activist Suzie Dawson. NZ Spy Scandal:  Elephants In The Room;…Read more →
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California economy finishes 2018 on a strong note, adding 24,500 jobs 19.1.2019 LA Times: Business

California’s job market finished 2018 on a strong note, as payrolls continued to grow despite concerns over a volatile stock market, a continuing trade war with China and fears of a possible U.S. recession.

The state added 24,500 net jobs in December, just short of November’s rise of 25,700, according...

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First airlines, now Apple: China wants 66 more multinationals to state self-ruled Taiwan is part of its country 18.1.2019 L.A. Times - World News

Chinese authorities are pressuring 66 multinational companies, including American icons Apple and Nike, to refer to self-ruled Taiwan as part of China, a demand expected to drive a new wedge between two governments that already struggle to get along.

The change in wording would send a message to...

Is your time worth more than $0.30 an hour? 18.1.2019 techCrunch
Most of us believe our time is extremely valuable, certainly worth more than thirty cents. But then you read about human decision-making, and you have to wonder what goes through people’s heads. This time, it is Jeffrey A. Trachtenberg at The Wall Street Journal, who wrote a review of Amazon Publishing, the printing house (if […]
AR startup Meta’s assets sold to a mystery ‘known name’ that will support existing headsets 18.1.2019 techCrunch
Augmented reality technology enables us to see things in places where they may not actually exist. And sometimes, that paradigm might also apply to augmented reality startups themselves. Meta, the AR startup that was incubated at Y-Combinator and became the first to ship a set of “end-to-end” AR glasses (including hardware, software, direct tracking optics […]
When can we expect a 2nd Trump-Kim summit? 18.1.2019 Rediff: Top Stories (India)
'Xi Jinping is keen that the second Trump-Kim summit happens soonest.''Kim is reported to have told Xi that he expects to achieve a result from a second summit that the international community would welcome,' points out Dr Rajaram Panda.
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The North Korean women who had to escape twice 18.1.2019 BBC: Front Page
Trafficked into the sex industry after defecting from North Korea, two young women spent years in captivity.
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Oxford University suspends Huawei donations and sponsorships 17.1.2019 BBC: Business
The institution suspends donations from the Chinese telecoms giant amid continuing spying controversy.
BACKFIRE: Trump’s tariff war has already cost Americans over $13 billion 17.1.2019 Raw Story

President Donald Trump’s ill-advised trade wars with America’s trading partners may have cost U.S. taxpayers and corporations over $13 billion, reports Bloomberg News. The report states that data submitted by U.S. Customs and Border Protection shows that “more than $13 billion in d...

The post BACKFIRE: Trump’s tariff war has already cost Americans over $13 billion appeared first on Raw Story.

Daily Crunch: Prosecutors may be building a criminal case against Huawei 17.1.2019 TechCrunch
The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here: 1. U.S. will reportedly seek criminal case against Huawei for stealing tech secrets According to a new report from The Wall Street […]
Why are the Chinese buying fewer cars? 17.1.2019 BBC: World
As both the government and households try to reduce their debt levels, car sales across China are declining.
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US 'probes Huawei for trade secret theft' 17.1.2019 BBC: Business
The investigation, reported by US media, adds to pressure facing the Chinese technology giant.
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US will reportedly seek criminal case against Huawei for stealing tech secrets 17.1.2019 techCrunch
According to a new report from The Wall Street Journal, U.S. federal prosecutors are preparing a criminal indictment against Huawei for stealing trade secrets. The report, which cites sources with knowledge of the indictment, specifically mentions Huawei’s actions surrounding a T-Mobile smartphone testing tool known as “Tappy.” The report notes that the current investigation is far […]
The nation's largest banks enjoyed $111 billion in record profits last year — with more to come 17.1.2019 LA Times: Business

The six biggest U.S. banks have never had a $100-billion year. Until now.

Goldman Sachs Group, JPMorgan Chase and their peers have already reported more than $111 billion of profit for 2018. Morgan Stanley will only make that number bigger when it releases its fourth-quarter results Thursday.

They...

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EVs and online marketplaces thrive despite slump in Chinese car sales 16.1.2019 TechCrunch
China’s massive auto market hit the brakes last year as trade tensions and a softening economy dampened consumer confidence, but one segment soared on account of increasing internet penetration — used car sales. New passenger car sales fell to 23.7 million last year, representing a 4.1 year-over-year drop according to a new report by China’s Association of […]
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