China is braced for possible financial sanctions from the United States over the Hong Kong national security law, but still hopes to ease tensions with Washington, according to a source close to China’s financial authority.“The Chinese mainland and Hong Kong financial authorities certainly have prearranged plans. We won’t allow others to threaten or make tro […]
Category Archives: Markets
As Hong Kong autonomy bill moves to Donald Trump’s desk, analysts focus on his previous reluctance to use sanctions
As US President Donald Trump faces pressure from rare bipartisan US congressional support for a bill authorising sanctions against officials deemed to have eroded Hong Kong’s autonomy, legal analysts are attempting to predict what exactly the American leader – who has shown a reluctance to dole out hard-hitting sanctions on China and Russia – will do next.On […]
UK manufacturers to export surplus medical ventilators
UK government initially called for 30,000 machines but NHS capacity was never stretchedCoronavirus – latest updatesSee all our coronavirus coverageUK manufacturers are to export surplus medical ventilators after they produced 14,000 to treat coronavirus patients only to find that most were not needed.Boris Johnson hailed the success of the “ventilator challe […]
Global food commodity prices rebound in June
FAO expects new record-high global cereal production and comfortable stock levels for 2020/21, while food assistance needs up
Key Words: James Carville says there’s a ‘significant chance’ Trump drops out of the presidential race
The Democratic strategist predicts Republican Senators like Mitch McConnell and Lindsey Graham will turn on Trump after Labor Day
United Nations is smashing Australian businesses by making it cheaper to order goods from CHINA
There are growing calls for Australia to tear up a United Nations agreement which makes shipping online goods from China cheaper than buying from local suppliers.
America’s housing market is so far unfazed by recession
The property market seems strangely oblivious to the economic carnage around it
Bit like normal again’: hair salons and wedding venues reopen in England
Marriages and haircuts take place the minute the government’s coronavirus lockdown deadline passes at midnightWhether it’s getting a haircut or getting married, a small sense of normality has returned to England just after midnight, with hair salons and wedding venues reopening.Sandra Jacobs was among the first people through the door at Tusk Hair in Camden […]
Key Words: Fauci says Americans must do 3 things to win the battle against COVID-19
‘Now we’re seeing the consequence of community spread,’ said Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases.
Boohoo booms as Leicester garment factories are linked to lockdown
Exclusive: Fashion brand profits from ‘stay home’ clothing supplied at speed from city now experiencing Covid-19 surgeCoronavirus – latest updatesSee all our coronavirus coverageOn 27 March, even as the rest of the UK were trying to make sense of how to get through the coronavirus crisis, Boohoo seemed to have nailed it.It was a Friday, and usually the fast- […]
Africa: Libya is Staging Ground in Renewed Big Power Swoop On Africa – Analysis
[Premium Times] The first major war of the new scramble for Africa is being fought in Libya as the country appears headed towards some form of partition with Vladimir Putin and Recep Erdogan emerging as the kingmakers.
Big deals have dried up and may not return for a while
The rumour mill is starting to grind again but M&A will be confined to bargain bin
How resilient are the banks?
If today’s lenders were run like they were in 2008 they would be in huge trouble
Market Extra: Forget earnings season. What’s the rest of 2020 going to look like?
There will be very little useful guidance from U.S. corporations in the earnings reporting season starting mid-July on what the rest of 2020 will look like for the stock market and analysts are very divided on the outlook
Zimbabwe: Local Entrepreneur to Create Global Market for Baobab Products
[New Zimbabwe] BAOBAB powder is just one of the products processed from the fruit of the iconic baobab tree, abundantly found in approximately 30 countries in Africa. Before 2008, it was illegal to export baobab powder for sale into the European Union (EU), due to the regulatory approvals not yet in place. It was also not legal to sell it in North America an […]