Asia / Pacific Archives

China’s Wang says China will not be blackmailed or yield to pressure over trade – GSR

Last Updated On September 29, 2018 12:08 AM by Neal Bhai

China’s Wang says China will not be blackmailed or yield to pressure over trade GSR — Days after U.S. President Donald Trump denounced globalism at the United Nations, China positioned itself Friday as a “champion of multilateralism” that is keeping international promises when Washington is backing away from them.

Nikkei Hits 27 Year High on Strong Dollar, Wall Street Gains

Last Updated On September 28, 2018 10:52 AM by Neal Bhai

Japan’s Nikkei hit a 27-year high on Friday, taking heart from a boost for the dollar after the Federal Reserve chairman said he did not expect a near-term recession, and strong gains on Wall Street overnight.

Trade war eating up China industrial profits – Gold Silver Reports

Last Updated On September 27, 2018 8:38 AM by Neal Bhai

GSR (Gold Silver Reports) — While other data still have yet to show the trade war impact, industrial profits seem to show that the trade war is eating up profits of manufacturers in China, and even more so for foreign manufacturers.