The U.S. had plans to hike duties on at least $250 billion in Chinese goods to 30% from 25% on Tuesday. Despite the partial trade deal, some banks on Sunday wrote that tariff...Marketsread more
The industry has pulled in $322 billion over the past six months, the fastest pace since the second half of 2008.Marketsread more
The potential deal would shift Neumann's already diminished voting power to the Japanese conglomerate, according to the Journal.Technologyread more
Hunter's vows to forgo any foreign work follow a slew of unsubstantiated attacks by President Donald Trump accusing him of corruption.Politicsread more
Fisher was initially defiant amid the backlash in an interview with Bloomberg, in which he said he had "given a lot of talks, a lot of times, in a lot of places and said stuff...Personal Financeread more
Airlines continue to delay when they plan to have the planes back again with no sign from regulators on when the planes will be approved again.Airlinesread more
Turkey's invasion of northeastern Syria began Wednesday after Trump ordered U.S. troops to pull back from the area.Politicsread more
While Warren's ad about Facebook isn't true, the company's own policy allows politicians to make such false claims in paid advertising.Politicsread more
Typhoon Hagibis made landfall south of Tokyo on Saturday evening. By Sunday around 376,000 homes were left without electricity, and 14,000 without running water across Japan....Weather & Natural Disastersread more
SpaceX and Boeing are each in the final stages of developing the spacecraft needed for the U.S. to once again fly astronauts.Investing in Spaceread more
Bryn Mawr's Jeffrey Mills believes the market needs more time to break out of its slump.Trading Nationread more
* Exports fall 1.8% m/m, more than expected
* German exporters hit by U.S.-China trade dispute, Brexit
* Data reinforce expectations of recession in Q3 (Adds economist comment, detail)
BERLIN, Oct 10 (Reuters) - German exports fell by more than expected in August, data showed on Thursday, reinforcing expectations that a manufacturing slump is pushing Europe's largest economy into recession.
Reliant on exports, German factories are suffering from a slowing world economy and uncertainty linked to the trade dispute between the United States and China, as well as Britain's planned but delayed exit from the European Union.
The Federal Statistics Office said seasonally adjusted exports fell 1.8% on the month while imports rose 0.5%. The trade surplus narrowed to 18.1 billion euros ($19.9 billion) after an upwardly revised 20.5 billion euros in the prior month.
A Reuters poll of economists had pointed to a 1.0% drop in exports and a 0.2% fall in imports. The trade surplus was expected to come in at 19.1 billion euros.
The economy shrank by 0.1% in the second quarter, and recent data has pointed to continued weakness in manufacturing in the third quarter. Most economists define a recession as two straight quarters of contraction in gross domestic product (GDP).
"We will likely have a contraction in GDP in the third quarter, and thus a recession," said Uwe Burkert, economist at LBBW, a bank.
August's drop in exports was the steepest since April. A regional breakdown of annual trade figures showed the biggest slump in exports - a 4.8% drop - was to so-called 'third countries' beyond the European Union, which include China.
Data published on Monday showed German industrial orders fell more than expected in August on weaker domestic demand.
Prolonged weakness in Germany, a bellwether for the economic health of the euro zone, would be a headache for the European Central Bank, which in September pledged indefinite stimulus to revive the bloc's economy.
With the ECB already deploying hefty monetary stimulus, economists and German business lobby groups have urged Chancellor Angela Merkel to ditch her policy of no new debt and borrow to fund a stimulus package for the economy.
Last Wednesday, leading economic institutes slashed their growth forecasts for the economy for this year and next, blaming weaker global demand for manufacturing goods and increased business uncertainty linked to trade disputes.
The institutes also called on the coalition government to take on more debt if the growth outlook deteriorates. It has so far refused to do so.
Merkel's government has managed to raise public spending without incurring new debt since 2014, thanks to an unusually long growth cycle, record-high employment, buoyant tax revenues and the European Central Bank's bond-buying plan.
But with the economy slowing and tax revenues waning, the fiscal room to counter a recession is getting smaller. At the same time, Germany's borrowing costs have turned into premiums, which means investors are actually willing to pay the state a bonus for being able to lend it billions of euros. ($1 = 0.9104 euros) (Writing by Paul Carrel Editing by Michelle Martin and Toby Chopra)