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Economic Measures Trade

  • Shanghai Disneyland opened with a bang and has welcomed about 7 million visitors since the park's opening in June 2016.

    China is fertile ground for theme park operators, but geopolitics may ultimately stymie the success of foreign entrants.

  • BEIJING, Feb 9- Beijing on Thursday curbed its forecast on China's 2016/ 17 corn surplus due to better-than-expected domestic demand and lower imports, as it embarks on a strategy to erode its vast stockpile, curb acreage and boost consumption. In its monthly crop report, the Ministry of Agriculture said it expected surplus supply for the 2016/ 17 season that ends...

  • If Japan's manipulating the yen, it's been incompetent: Pro

    Nicholas Smith, Japan strategist at CLSA, weighs in on where U.S.-Japan ties are headed.

  • WELLINGTON, Feb 9- New Zealand's central bank governor warned on Thursday the "protectionist risk" posed by the Trump administration is a major hazard, as it held the official cash rate steady at 1.75 percent, and flagged it could remain there for two years or more. Trump has threatened to impose punitive tariffs on imports from China and Mexico as well as "border...

  • WASHINGTON, Feb 8- Canada opposes the idea of the United States imposing new border tariffs and would respond to any such move, the country's foreign minister, Chrystia Freeland, said on Wednesday after her first meeting with U.S. "If such an idea were ever to come into being, Canada would respond appropriately," she told reporters on a conference call, stressing that...

  • WELLINGTON, Feb 9- New Zealand's central bank governor warned on Thursday the "protectionist risk" posed by the Trump administration is a major hazard, as it held the official cash rate steady at 1.75 percent, and flagged it could remain there for two years or more. Trump has threatened to impose punitive tariffs on imports from China and Mexico as well as "border...

  • *Dec core orders +6.7 pct m/m vs forecast +3.1 pct. TOKYO, Feb 9- Japan's core machinery orders rebounded more than expected in December from the prior month's fall and are seen rising again this quarter- an encouraging sign of a pick-up in capital expenditure. "Capital expenditure is picking up due to a recovery in exports, and it will gather momentum in the coming...

  • 2017 will be healthier year for shippers: Maersk

    Robbert van Trooijen, APAC CEO of Maersk Line, says this year will be more profitable than the last.

  • Gold prices continue climbing

    Binay Chandgothia of Principal Global Investors says that gold is a natural hedge against uncertainty in the markets.

  • *Dec core orders +6.7 pct m/m vs forecast +3.1 pct. *Core orders +6.7 pct yr/yr vs forecast +4.6 pct. TOKYO, Feb 9- Japan's core machinery orders rebounded more than expected in December from the prior month's fall and are seen rising again this quarter- an encouraging sign of a pickup in capital expenditure.

  • Bottles of tequila are exhibited in the Casa Jose Cuervo souvenir shop in Tequila, Jalisco.

    After two delays, Jose Cuervo is set to go public Thursday. CNBC's Landon Dowdy reports.

  • Soybeans saw the biggest gains, with Chicago Board of Trade climbing 1.5 percent for the third straight day of higher prices, settling up 16 cents to $10.58-3/ 4 per bushel. Firm soybean and soy product prices in China underpinned U.S. soy and there was market chatter that China, which imports roughly two-thirds of global soy exports, bought several U.S. bulk...

  • NEW YORK, Feb 8- U.S. independent refiners like Phillips and Valero have offered mixed support for Republican efforts to boost American jobs and products, expressing concerns about how a border tax on imports could upend the energy ecosystem. GAS UP 30- 40 CENTS ON BORDER TAX. It is not clear that refineries would easily be able to absorb more U.S. light, sweet crude...

  • FedEx CEO: Need to lean into trade, not become more protectionist

    FedEx CEO Fred Smith speaks after leaving the White House.

  • SAO PAULO/ BRASILIA, Feb 8- Brazil opened a formal complaint against Canada at the World Trade Organization on Wednesday, accusing the country of distorting the global aerospace industry with subsidies for planemaker Bombardier Inc. Brazil has threatened for months to open the WTO dispute, arguing that support for Bombardier's new CSeries was undercutting...

  • BRASILIA, Feb 8- Brazil's argument in a trade dispute with Canada will be helped by a World Trade Organization ruling that European nations had provided unfair subsidies to Airbus Group SE, a senior official at Brazil's Foreign Ministry said on Wednesday.

  • BRASILIA/ SAO PAULO, Feb 8- Brazil opened a formal complaint against Canada at the World Trade Organization on Wednesday, accusing the country of distorting the global aerospace industry with subsidies for planemaker Bombardier Inc. Brazil has threatened for months to open the WTO process, arguing that support for Bombardier's new CSeries was undercutting...

  • Debunking the wealth threat

    CNBC's Steve Liesman takes a look at President Donald Trump's suggestion that bad trade deals are allowing Mexico and China to catch up and overtake the prosperity of the U.S.

  • NEW YORK, Feb 8- BlackRock Chief Executive Larry Fink on Wednesday said the U.S. economy is in the midst of a slowdown and financial markets could see a significant setback, because of uncertainty over global trade and the Trump administration's plan to cut taxes. President Donald Trump has called for tax cuts as well as a wide set of changes to trade policy,...

  • The rising risk of a trade war

    Timothy Moe, Goldman Sachs co-head of Asia macro-research & chief Asia equity strategist, discusses the implications on U.S. trade with China and the rest of Asia with the current rhetoric on trade from President Donald Trump.