Trump reportedly set to announce new tariffs on China September 16, 2018 US President Donald Trump is preparing to announce new tariffs on imports from China worth $200bn (£153bn), according to reports. Tariffs of around 10 per cent will be imposed on electronic goods such as internet technology products, printed circuit boards, and other electronics, the Wall Street Journal reported, citing White House sources. A decision could [...]
Trump reportedly set to announce new tariffs on China September 16, 2018 US President Donald Trump is preparing to announce new tariffs on imports from China worth $200bn (£153bn), according to reports. Tariffs of around 10 per cent will be imposed on electronic goods such as internet technology products, printed circuit boards, and other electronics, the Wall Street Journal reported, citing White House sources. A decision could [...]
Millennial salaries set to pick up after period of low growth post-crash, says think tank September 16, 2018 Millennial workers should be looking forward to an upturn in their pay packets after 10 years of "tepid" growth following the financial crash, according to an influential think tank. Despite average wages increasing 2.6 per cent in the three months up to July, growth is currently just ahead of the inflation rate. But a study [...]
Millennial salaries set to pick up after period of low growth post-crash, says think tank September 16, 2018 Millennial workers should be looking forward to an upturn in their pay packets after 10 years of "tepid" growth following the financial crash, according to an influential think tank. Despite average wages increasing 2.6 per cent in the three months up to July, growth is currently just ahead of the inflation rate. But a study [...]
What might trigger the next global financial crisis? September 14, 2018 | City Talk Ten years on from the collapse of Lehman Brothers and the deepening of the global financial crisis, the world seems to be a safer place. Over the past decade there have been significant shifts in the world economy such that the imbalances that could lead to a crisis are less. The risks haven’t entirely gone [...]
China: We will not bow to US demands in escalating trade war September 14, 2018 China will not yield to US demands in any new trade negotiations, claimed the state-backed China Daily newspaper in an editorial on Friday. "The Trump administration should not be mistaken that China will surrender to the US demands," the newspaper said in an editorial. The media outlet said that China was sincere about its efforts to [...]
China: We will not bow to US demands in escalating trade war September 14, 2018 China will not yield to US demands in any new trade negotiations, claimed the state-backed China Daily newspaper in an editorial on Friday. "The Trump administration should not be mistaken that China will surrender to the US demands," the newspaper said in an editorial. The media outlet said that China was sincere about its efforts to [...]
Sterling and the euro gain against the dollar thanks to cooling US inflation September 13, 2018 Sterling and the euro have risen against the dollar as they received an unexpected boost from US inflation. The “disappointing” inflation reading saw the dollar sink against the pound and euro, meaning sterling climbed to 1.31 against the dollar, its highest since late July, while the euro reached 1.17. Read more: Barclays: Trump impeachment wouldn't [...]
Sterling and the euro gain against the dollar thanks to cooling US inflation September 13, 2018 Sterling and the euro have risen against the dollar as they received an unexpected boost from US inflation. The “disappointing” inflation reading saw the dollar sink against the pound and euro, meaning sterling climbed to 1.31 against the dollar, its highest since late July, while the euro reached 1.17. Read more: Barclays: Trump impeachment wouldn't [...]
Bank of England holds monetary policy unchanged amid “greater uncertainty”on Brexit September 13, 2018 The Bank of England today left monetary policy unchanged amid “greater uncertainty” in markets on the Brexit process and a worsening global trade outlook. The Bank's monetary policy committee (MPC) raised its main interest rate, bank rate, on 2 August, in only the second increase in the decade since the financial crisis began, but minutes [...]