Samedi, 15 Décembre 2018
Latest news
Home » Financer

Financer

Trump doubles metal tariffs on Turkey as lira falls by 20%

Andrew Craig Brunson , an evangelical pastor from Black Mountain, North Carolina, arrives at his house in Izmir, Turkey , Wednesday, July 25, 2018. Turkey wants Brunson to stand trial. It argued that the country accounted for less than 2 percent of group revenues and a 10 percent fall in the lira would affect its CET1 ratio - capital that must be set aside as a buffer against financial shocks - by only around 2 basis points. Read More »

Oil tumbles on slowing Chinese demand, U.S.-China trade spat

perth_map

Meanwhile, the production of Syncrude Canada's offline on its sands facility is impacting the market. Global benchmark Brent crude was trading at $74.44 a barrel at 12:32 p.m. US refineries produced about 9.9 million barrels of gasoline a day last week, down by about 600,000 barrels compared to the prior week. Anas Alhajji, an energy economist based in Dallas, Texas, told Xinhua that "Unlike the past, USA weekly crude oil inventories have become extremely sensitive to U.S.net ... Read More »

Tesla wants to go private

perth_map

I own about 20% of the company now, and I don't envision that being substantially different after any deal is completed. In his typically unorthodox fashion, the eccentric Musk dropped his bombshell on his Twitter account, which he has used as a platform for pranks, vitriol and now for a proposal to pull off one of the biggest buyouts in US history. Read More »

RBI increases key rate to 6.5% on inflation worries

perth_map

It also seems unlikely the United Kingdom will return to interest rates of 5% and above. Similarly, the reverse repo rate, at which it borrows from banks, was also raised by a similar proportion to 6.25 per cent. The BOE's reading of market rates now signals that another 25-basis-point increase isn't likely until the first quarter of 2020, compared the third quarter of 2019 seen in the previous round of forecasts . Read More »

Apple is the first USA company with $1 trillion market cap

perth_map

As bullish as Jackson is on Apple , he admitted China ー and consumers in other countries ー may stunt the company's growth because the iPhone faces competition from cheaper smartphones. The handsets account for more than half of the Cupertino-based company's revenue. Its stock has soared 9% since Tuesday when Apple's third-quarter earnings exceeded Wall Street's expectations. Read More »

$1,000,000,000,000 - Apple becomes first tech firm to cross this milestone!

Cook's ambivalence to the $1 trillion mark mirrors what he told CNN's Laurie Segall in June . Apple is the world's most popular tech brand out there, no-brainer. It did not reach the $100 billion mark until May 2007, but five years later the technology giant reached a value of $500 billion. True, Apple's earnings growth rate is slowing down. Read More »

Apple becomes world's first trillion dollar company

perth_map

And with shares priced at just 15.2 times expected earnings, the market has adjusted to the new reality. Perhaps the $1 trillion club will be getting a new member at some point this year. Last month, an ex-Apple engineer was charged in California with stealing trade secrets from a hush-hush self-driving auto technology project days before he quit to go to a Chinese start-up. Read More »

Google gives up and creates evil search engine for the Chinese

perth_map

China blocks a large amount of information from their citizens such as political information, certain elements of Chinese history and other free speech related topics. A final version of the app could be launched within six to nine months, it said. In the company's absence, Baidu Inc. has strengthened its grip on search in China while Microsoft Corp.'s Bing operates in the country by censoring subjects and words. Read More »

Apple becomes first American public company to cross $1 trillion in value

perth_map

Microsoft helps Apple survive with a $150 million investment. But given Apple's fundamentals and its reasonable valuation, the trillion-dollar market cap looks a lot more like a milestone than it does a wall. Watch Apple trade in real time here . Apple's previous quarter was equally bullish with Cook reporting the firm's "best March quarter ever". Read More »

Bank of England raises Bank Rate to 0.75%

perth_map

Several economists have challenged the need for a rise now, given not only the Brexit risks but also the potential damper on global growth from U.S. However, existing home loan borrowers will not be immediately affected as they will continue to pay their existing interest rates until next reset date of their loan arrives. Read More »

Made in China - Trump re-election flags may get burnt by his tariffs

perth_map

U.S. Secretary of Agriculture Sonny Perdue announced that the U.S. Department of Agriculture will take several actions to assist farmers in response to trade damage from unjustified retaliation, South Carolina Department of Agriculture Communications Director Sally McKay said in a recent news release. Read More »

Vehicle nations mull meeting without USA to discuss threat of tariffs

perth_map

President Trump may have struck a deal with the European Union to drop trade barriers and increase the number of US imports, but some American farmers remain uncertain about what that means for their businesses. He tore up an agreement to join a Pacific trade pact, has threatened to pull out of NAFTA, and imposed steel and aluminum tariffs aimed at China. Those include "zero tariffs" and to "reduce barriers and increase trade in services, chemicals, pharmaceuticals, medical products, as ... Read More »

Trump Declares Victory for Farmers in Trade Spat with EU

perth_map

A pan-European Business Confederation on Thursday applauded the trade relations agreement. "A good trade discussion can only take place on clear grounds and cannot move forward under pressure", Mr Le Maire said, reiterating that it would be impossible to negotiate an over-reaching deal covering all trade between the United States and Europe. Read More »

Facebook Sued after Stock Plunge

perth_map

The damage was swift and unforgiving in after-market trading on Wednesday as Facebook plummeted as much as 24% within an hour. "While those actions might take time to play out, it is still possible that threatened fines associated with GDPR to Facebook or other sellers of advertising could also have the effect of spooking advertisers into changing how they use data", said Wieser, who thinks the shares should be worth $140 United States - well below Thursday's level. Read More »

Trump suggests cutting all tariffs ahead of key meeting with EU

perth_map

The move would be the first expansion of U.S. tariffs on Chinese goods since a similar tax was imposed on US$ 34 billion worth of goods on July 6. "They sound nice, but they're rough". goods, and have filed complaints against Washington at the World Trade Organisation. Of course, any bids to relax barriers and increase trade, on either side, are in the overall interests of U.S. Read More »

Facebook loses $130 bn in just two hour, Zuckerberg $17 bn

perth_map

If the share drop holds on Thursday, it would be Facebook's largest single-day decline, topping a 12 per cent decrease in July 2012. "They're talking about currency headwinds, but more we think it's due to slower user growth given GDPR and more focus on privacy", Morningstar analyst Ali Mogharabi said . Read More »

Trump suggests no tariffs between US, Europe

perth_map

He said the world is "still in wait-and-see mode" on auto tariffs, citing recent articles saying Trump wants to impose them . Tuesday evening , hours before the meeting was to take place, Trump tweeted that he hoped the us and the European Union could agree to "drop all Tariffs, Barriers and Subsidies". Read More »

USA farmers to receive up to US$12B in trade war relief

perth_map

During a briefing, USDA officials said details would be released in the next couple of weeks. "Our biggest exposure, our biggest unmitigated exposure, is really steel and aluminum when you look at all of the commodities", GM CEO Mary Barra said Wednesday. Read More »

Donald Trump calls on European Union to 'drop all tariffs'

perth_map

As U.S. soybean farmers have struggled against retaliatory tariffs, Juncker said the European Union "can import more soybeans from the U.S. and it will be done". "That was my main intention, for those to come down to zero tariffs on industrial goods". China has retaliated with duties on soybeans and pork, affecting Midwest farmers in a region of the country that supported the president in his 2016 campaign. Read More »

Trump plans a 25-percent tariff on all auto imports

perth_map

Ben Sasse, a Republican , criticized what he called a bailout, and the administration's underlying trade policy. Both the United States and European Union drop all Tariffs, Barriers and Subsidies! In Alaska, the Anchorage Daily News said China's retaliatory tariffs on US exports, and the Trump administration's new tariffs on Chinese seafood, would cost American consumers and Alaska fisheries hundreds of millions of dollars. Read More »

ENC farmers react to Trump farm aid

perth_map

Mr Trump has said his tariffs - which he described in a Tweet as "the greatest " - are meant to pressure countries to change their policies toward United States exports. Senators say the aid package could help short-term , but they're anxious about losing long-term access to export markets. Added Kevin Skunes, North Dakota farmer and president of the National Corn Growers Association, "We know the package won't make farmers whole but look forward to working with USDA on the details and ... Read More »

Dollar Recovers After Trump Comments

perth_map

The comments follow his criticism Thursday in an interview in which he called the rate hikes a threat to the USA economy. Washington has already said it was targeting another $200 billion in imports which would see fresh tariffs imposed on Chinese goods by September. Read More »

Gold slips to 1-year low

perth_map

In Tokyo, the Nikkei 225 rose 0.94 percent, adding to three prior consecutive sessions of gains and leading gains in the region. Chinese shares extended losses after dropping the previous day on soft economic data . Overseas, in Japan, markets climbed 0.4%, while in Hong Kong, the Hang Seng index faltered 0.2%. Federal Reserve Chairman Jerome Powell gave lawmakers an upbeat assessment of the economy and expects to keep raising interest rates gradually. Read More »

Rabobank: Chinese seafood industry bigger loser as trade war escalates

perth_map

Li said that free trade "plays a strong leading role for both sides and for the world economy". The commander-and-chief and his advisers stated that the tariffs are a vital part of forcing one of the largest global authoritarian powers to abandon some of their unethical and unfair old-world Stalinist tactics. Read More »

Get Amazon Prime Day Prices Matched At These 10 Stores

perth_map

During that time, users trying to load Amazon .com were greeted with a "Sorry, something went wrong on our end" message screen featuring an adorable dog, such as Sheriff, seen above. "[This year, ] we tripled our inventory and our sales have more than doubled", he says. People love to comparison shop, with many turning to Amazon's competitors to compare deals and prices. Read More »

Trump Breaks Precedent in Criticizing the Fed

perth_map

The dollar fell and stocks lost ground on Trump's tweets . Major indices in Germany and France, which had been trading largely flat, dropped by 0.3 per cent and... Earlier, Trump said he was willing to tax every product imported from China, sending US markets sliding before the opening bell on Friday. Axios reports on Friday that "chances of a longer, wider, more damaging trade war with China are rising", with one possible scenario including China goading Trump into a trade war. Read More »

"It's not too late to save Brexit", Johnson tells United Kingdom parliament

perth_map

A strong rebellion on the Conservative benches could lead to an embarrassing defeat for a Government now assailed on all sides over its plans for leaving the European Union. "That was the vision that the Prime Minister rightly described a year ago". Johnson's comments in that regard appear to echo those made by prominent Brexit figure Jacob Rees-Mogg, who watched on from the same bench as Johnson spoke, who had before described May's Brexit plan as "perpetual purgatory". Read More »

Amazon is getting sketchier, but Prime Day avoids some of the mess

perth_map

Prime Day generated about $1 billion for Amazon previous year. If you do sign-up for the free trial , you will need to enter in a valid credit card. And if you're a voracious reader, Amazon's KindleUnlimited service lets you read (or listen to if you're into Audiobooks) your choice of millions of titles any time you like for $10 per month. Read More »

Amazon's Prime Day runs into early snags

perth_map

Amazon is expected to do an eye-watering $3.5 billion in sales today (more than three times the $1.1 billion in sales it does on an average retail day), and this year Whole Foods will be in the mix too . Another advantage of Prime membership is that you get free, next-day delivery. Packages move along a conveyor belt at the Amazon .com Inc. fulfillment center in Robbinsville, New Jersey, June 7, 2018.Can I get any of these deals without being an Amazon Prime member? Dengler also ... Read More »

Get ready for Amazon Prime Day on Monday

perth_map

Target also notes that customers that order $100 or more of goods will also get a free six-month membership. Amazon's Prime Day sale is all set to begin from July 16. eMarketer projects that computers and consumer electronics will be the leading product category on Amazon this year, making up 25.5% of sales. Here's some other things to look out for this Prime Day, whether you're a first-time Amazon user or a Prime Pantry regular. Read More »