Jun 22 2018
Broad measures of American equities have held up better than their Chinese counterparts, but striation within the USA markets suggests that investors anticipate steep losses in some stalwart names.
Investors sought safer investments, such as high-dividend companies like utilities and companies that make and sell household goods.
Goldman also adjusted its forecasts for the reserve requirement ratio in China and the rate on the country's seven-day reverse repurchase agreements, the tool of choice for the central bank in managing interbank liquidity, reflecting "an expectation of slightly easier policy going forward", they wrote.
In an issue that's become linked to the trade dispute, the Senate on Monday approved a defense policy bill that would block a White House plan to allow Chinese telecom giant ZTE to buy component parts from the U.S. ZTE is accused of violating trade laws by selling sensitive technologies to North Korea and Iran.
"When you get in a fight with your biggest buyer of agriculture, and the world's largest soybean buyer (China), even if (it) were to buy 20 percent less, it's a big deal", said Dan Basse, president of Chicago-based consultancy AgResource Co. The blue chip CSI300 index fell 3.6 percent to 3,621.12.
-China Business Council. Parker suggested that such steps might include delaying or denying licenses required by US companies in China.
In London, shares in British engines maker Rolls-Royce soared almost 10 percent.
The trade frictions have unnerved financial markets, with investors and businesses increasingly anxious that a full-blown trade battle could derail global growth.
Up north, Toronto's TSX dropped 78.8 points to hover at 16,304 and the Russell 2000 index of small-cap stocks lost nearly 9 points to cling to 1,683. U.S. Steel fell 3.4 percent to $34.89 while aluminum producer Alcoa declined 4.3 percent to $43.84. Asian stocks had been poised for a mixed start to trading that sees Chinese markets reopen for the first time since trade tensions with the US escalated.
Brazil coach: Neymar is not at 100 percent
Neymar has sparked concern in Brazil after he was seen limping out of training ahead the side's World Cup clash with Costa Rica . We have to be focused. " We have to play a happy game with responsibility because we're in Brazil jersey ".
Tunisia vs. England - Football Match Report
His first World Cup goal was followed by a brilliant second in stoppage time to win the game for England . England enters the 2018 World Cup saddled with baggage and no expectations to fill those bags with.
With Tony for 'The Band's Visit,' Ari'el Stachel Embraces His Roots
The cast of " Once on This Island " performs onstage during the 72nd Annual Tony Awards at Radio City Music Hall in New York City. The musical also won Best Revival, Best Choreography, and Best Leading Actress in a Musical, among others.
A screen displays the Dow Jones Industrial Average after the closing bell on the floor of the New York Stock Exchange (NYSE) in New York, U.S., June 19, 2018.
The trade spat between President Donald Trump and China is heating up, with tariff threats escalating.
The tariffs were quickly matched by China on United States exports, including lobsters and soybeans, a move that drew the president's ire. China threatened to retaliate, leading Trump to propose broader penalties.
Further market falls could also trigger a vicious cycle of selling, as a large proportion of shares in China's stock market are pledged against loans, and could potentially face margin calls, he said. The Hang Seng index in Hong Kong lost 2.8 percent.
Bond prices are rising, sending rates lower. The yield on the 10-year Treasury note fell to 2.88 percent from 2.92 percent.
US and European equity markets looked set to follow Asia into the red.
The Trump administration said Friday that it will impose a 25% tariff on $50 billion of Chinese exports.
Last week, he announced 25 percent tariffs on $50 billion in Chinese imports, prompting Beijing to retaliate with matching duties on U.S. goods. The yield on the USA 10-year Treasury fell to 2.88 percent from 2.92 percent.
Jun 21 2018
When is the first day of summer?
Up to 25,000 people were expected to attend the overnight celebration of the longest day of the year at the World Heritage Site. A solstice is an astronomical event during which the sun is at its greatest northerly or southerly distance from the equator.
Jun 20 2018
Canada's Senate votes to approve legal weed
The minimum legal age to buy and consume marijuana has been set federally at 18, but some provinces have chosen to set it at 19. Speaking today, Trudeau said: "We have been talking about this since well before we formed government".
Jun 20 2018
United States leaves ‘hypocritical’ UN Human Rights Council, citing China and Israel
UN High Commissioner for Human Rights Zeid Raad al-Hussein on Monday called on Washington to halt its " unconscionable " policy. Meanwhile the campaign group Human Rights Watch criticised President Trump's human rights policy as "one-dimensional".
Jun 19 2018
Ted Cruz, Jimmy Kimmel face off in game of one-on-one
When the Rockets lost, Kimmel mocked Cruz on Twitter and said he looked like a " blobfish ". Cruz, who was on his high school's varsity basketball team, is the bookies' favorite to win.
Jun 19 2018
‘We will not apologize:’ Homeland Security chief Nielsen defends immigration policy
In an opinion piece in the Washington Post , former first lady Laura Bush , wife of the previous Republican president, George W. Bush, said she lives in a border state and appreciates the need to enforce and protect the USA borders. "It is immoral.
Jun 15 2018
What to know about Meghan Markle's first solo engagement with Queen Elizabeth
While wedges might be a more comfortable choice for a day of engagements, it is known the Queen disapproves of this style options. Meghan Markle had made her first joint public engagement with the Queen , after spending a night on Her Majesty's royal train .
Jun 13 2018
With US-NKorea summit over, US envoy turns attention to ally
Mr Trump later said he would halt USA military exercises in South Korea, something widely seen as a concession. The US would suspend "provocative" war games it holds with South Korea .
Jun 12 2018
Gears Pop! are a thing from Funko and Microsoft
The third title announced was Gear Tactics , a new Gears of War RTS game; which will be available exclusively for PC. Interestingly, Gears Tactics seems to be exclusive to the PC, with more details incoming at a later date.
Jun 12 2018
'Fool Trade': Trump continues to rip G7 in tweetstorm
On Fox News Sunday , White House Director of Trade Policy Peter Navarro also defended the president with adversarial language. A Madawaska, Maine, mill pumps pulp from the Canadian side of the border to be made into paper on the U.S. side.
Jun 11 2018
Woman thanks Trump for 'mercy' in commuting her sentence
But life as a whole is whatever Johnson now wants to make of it, and she isn't taking one moment for granted. Kardashian West tweeted that her phone call with Alice Johnson was "a moment [she] will never forget".
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Jun 11 2018Trump's Chief Economic Adviser Says Justin Trudeau "Stabbed Us in the Back"
Jun 11 2018RACE: Vettel wins in Canada to seize championship lead