Economic Measures Trade

  • Trump had previously criticized Harley for its plans to shift some U.S. production overseas to avoid European Union duties imposed in retaliation for the tariffs the White House placed on imported steel and aluminum last year. But ahead of a speech on Saturday in Wisconsin, where Harley is based, the president said on Twitter that the bloc's treatment of the...

  • President Donald Trump, who has criticized Harley for its plans to shift some U.S. production overseas, weighed in after the results to say European Union tariffs on the manufacturer were "unfair" and vowed to reciprocate, without giving details. Harley, while again weighed down by a continuing decline in its popularity both in the United States and globally,...

  • April 23- Harley-Davidson Inc reported a 26.7 percent fall in quarterly profit on Tuesday, hit by a slide in sales in the United States and higher costs from European tariffs on imports of its motor bikes. The company said its net income fell to $127.9 million, or 80 cents per share, in the first quarter ended March 31 from $174.76 million, or $1.03 per share, a year...

  • Russia's agriculture ministry has been meeting regularly with big exporters since September to monitor exports amid a lower 2018 crop. Eduard Zernin, deputy chief executive of Russia's state grain trader the United Grain Company, will head up the new association, the founders said in a statement on Tuesday, a copy of which has been reviewed by Reuters.

  • Globalization has peaked, and it started before Trump: Strategist

    David Roche of Independent Strategy says it is "very worrying" that international trade is going to grow "a lot more slowly" and will not drive global economies.

  • *U.S. reiterates its goal to cut Iran oil exports to zero. SINGAPORE, April 23- Oil prices hit 2019 highs on Tuesday after Washington announced all Iran sanction waivers would end by May, pressuring importers to stop buying from Tehran. Despite the move by Washington, analysts said global oil markets would be able to cope with the Iran disruption as there was enough...

  • In 2017, UBS became the first international wealth manager to establish a presence in the Qianhai free trade zone, aimed at boosting financial cooperation between Shenzhen and Hong Kong.

    As China cracks open the door further to its massive financial market, a handful of foreign firms are pulling ahead of the pack.

  • American President Donald Trump seen in between the flags of the U.S. and the European Union,

    With the U.S. and China seemingly nearing the conclusion of a trade deal, many experts have predicted that Washington could next turn up tensions with the European Union.

  • Anthony Gardner, former U.S. ambassador the European Union, says the U.S. and EU are each others' "best partners," but there is now a risk of trade friction. He also says Europe is not saying "no way Huawei" despite American pressure.

  • Credit Suisse: Angry societies have been a 'brewing problem'

    Lito Camacho of Credit Suisse says angry citizens are changing political landscapes around the world, with governments creating nationalistic policies. He also says the western world is still learning to live with China as an economic "superpower."

  • *U.S. reiterates its goal to cut Iran oil exports to zero. SINGAPORE, April 23- Oil prices were near 2019 highs on Tuesday after Washington announced all Iran sanction waivers would end by May, pressuring importers to stop buying from Tehran. Despite the move by Washington, observers like U.S. bank Goldman Sachs said global oil markets would be able to cope with the...

  • SINGAPORE, April 23- China's jet fuel exports surged 30 percent from a year earlier in March and diesel exports rose 14.2 percent, customs data showed on Tuesday, as the country's fuel surplus increased following the start up of a new private oil refinery. China also boosted exports of jet fuel last month to 1.74 million tonnes, the data showed.

  • TOKYO, April 23- The dollar edged up against a basket of key rivals on Tuesday, while the Canadian dollar was supported by rising crude oil prices due to U.S. plans to tighten a clampdown on Iranian oil exports from next month. Financial markets in Australia and New Zealand reopened after the long Easter holiday, and were set to reopen across Europe later in the day.

  • TOKYO, April 23- The dollar trod water against other major currencies in early Asian trade on Tuesday, while the Canadian dollar was supported by rising crude oil prices due to U.S. plans to tighten a clamp down on Iranian oil exports from next month. Financial markets in Australian and New Zealand reopened after the long Easter holiday, and were set to reopen...

  • *U.S. reiterates its goal to cut Iran oil exports to zero. SINGAPORE, April 23- Oil prices hovered near 2019 peaks in early trading on Tuesday after Washington abruptly moved to end all Iran sanctions waivers by May, pressuring importers to stop buying from Tehran. The British bank added that Washington's target to cut Iran oil exports to zero posed a "material...

  • NEW YORK, April 22- The dollar edged lower against a basket of currencies in thin holiday-impacted trading on Monday, while a jump in the price of oil on news Washington plans to tighten a clampdown on Iranian oil exports in May boosted the Canadian dollar and the Russian ruble. Financial markets in Australia, Hong Kong and many major countries in Europe were...

  • *U.S. aims to cut Iran oil exports to zero. *White House says working with Saudi Arabia, UAE to ensure supply. Eight economies, including China and India, were granted waivers for six months, and several had expected those exemptions to be renewed.

  • Chairman of the Council of Economic Advisers Kevin Hassett addresses the White House press briefing. He goes through ISM Purchasing Managers' index, durable goods, employment and other statistics to bolster Trump's claims about the economy.

  • The S&P 500 closed slightly lower last week, ending its three-week winning streak, but hovered about 1% away from a record high hit in September on U.S.- China trade hopes and a largely upbeat earnings season. Also helping was a surge in oil prices, with the United States set to announce a further clampdown on Iranian oil exports, tightening global supplies.

  • The Chinese market can still go up, strategist says

    Suresh Tantia of Credit Suisse explains why he says there are opportunities in the Chinese and Indonesian markets.