Analysts are tentatively calling it “peak China”. The country’s position as the leading global exporter for the past two decades has been dealt a blow after it lost ground to the US in the first six months of this year.
- Stalled US-China Trade Talks Raise Threat of Another Impasse
- US, China to Tie Tariff Relief to Failed Deal From May – Bloomberg
- Without a China Trade Deal, the US Will Hike Tariffs: Trump – Reuters
The pound has edged higher and U.K. stocks have rebounded, but many investors are treading carefully.
- Election Debate: Boris Johnson and Jeremy Corbyn Neck and Neck – The Times
- The UK Election is not the one Politicians Think it is – The Times
- The UK General Election is Testing Personal and Political Bonds – Financial Times
- Twitter Says UK PM Johnson’s Party Misled Public with ‘Factcheck’ Account – Reuters
The EU has seen legal constraints where there are in fact only political choices.
Argentina’s president-elect, Alberto Fernandez, has a “sustainable” plan to meet creditor obligations as well as maintain growth, he told the International Monetary Fund´s managing director Kristalina Georgieva, his office said.
Even as Hong Kong grapples with a violent university siege that has captivated the world, things could potentially get even worse this weekend if the government scraps the first city-wide exercise of democracy since the unrest began in June.
Japan’s exports tumbled at their quickest pace in three years in October, threatening to tip the trade-reliant economy into recession as weakening demand from United States and China darkened the outlook.
The country’s seven-year stretch of economic growth may be coming to an end, imperiling the longest-serving prime minister’s legacy.
Federal Reserve Chairman Jerome Powell and his colleagues have been especially chatty since cutting interest rates last month, yet a record of that meeting may still shed light on the strength of conviction among officials that monetary policy is probably poised for a long pause.
Policy makers need to be prepared for the possibility that global financial stress could spill into Canada despite the domestic economy’s overall resilience, the Bank of Canada’s Senior Deputy Governor Carolyn Wilkins said.
The Futures Industry Association has issued a letter expressing concern that proposed cross-border clearing house rules do not create a comprehensive framework to facilitate access to foreign cleared markets by US customers.
Westpac Banking Corp. has been accused of the biggest breach of money-laundering and terrorism financing laws in Australian history.
Industry backs overhaul of term swap rate to curb non-publication and hasten Libor switch.
A reform of the European Stability Mechanism that crushes Italy is not “feasible”, Foreign Minister Luigi Di Maio told daily Corriere della Sera on Wednesday.
A Manhattan jury is set to begin deliberating bid-rigging charges against former JPMorgan forex trader Akshay Aiyer after federal prosecutors and Aiyer’s defense team clashed Tuesday over whether sometimes-crude chats prove the defendant schemed to short-change clients.
Decision boosts fund manager’s efforts to woo institutional investors into crypto assets.
Publicly traded Bitcoin fund Grayscale Bitcoin Trust filed Form 10 with the United States Securities and Exchange Commission to become the first crypto fund to report to regulator.
The US Financial Crimes Enforcement Network views all stablecoins as falling under their remit to protect “money transmission services, Director Kenneth Blanco said.
The Royal Bank of Canada, the largest bank in Canada with $499 billion in assets under management, will not launch its own digital currency trading platform, contrary to previously published news.
FIA and FIA Tech have announced the successful implementation of execution source codes at CME Group.
The US Federal Reserve has approved a merger between BB&T Corp and SunTrust Banks Inc, sealing the biggest tie-up of banks since the 2007-2009 global financial crisis.
Systemic US banks incurred more loss-making trading days in Q3 than Q2 2019, with Goldman Sachs and State Street the worst performers.
Two Sigma, a New York-based investment manager that oversees more than $60 billion, recently began selling its software programme Venn, which analyses client positions and help guide them to better risk management strategies, to the public.
US economic growth for the third quarter is likely to be revised higher after data on Tuesday showed stronger consumer spending than initially estimated, according to JPMorgan.
Emerging-economy central banks from India to Brazil still enjoy the firepower to shore up the global economy as their peers from developed markets take to the sidelines.
The Norwegian krone last month hit a record intraday low of 10.31 per euro, sliding further than at the height of the global financial crisis. But explanations for this weakness are proving slippery to grasp.
Global debt is growing faster than the global economy, which is simply not sustainable and as the US-China trade war drags on, major economies that are reliant on the global supply chain are running just to stay in the same place.
Deep in the government compound in Beijing, China’s State Council was in session, debating a complicated proposal to help struggling domestic companies.
Brazil’s real may be sliding toward an all-time low against the U.S. dollar, but the central bank appears in no rush to intervene to slow or even reverse the fall.