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The US-China trade War may have Helped Apple’s Business

Ali Raza

The US-China trade war continues to rage on, but contrary to a common belief, it may not have affected everyone equally. According to recent reports, the trade war may have actually provided some unforeseen benefits to Apple, among some other companies. One such firm is also Cupertino, a Calif-based firm that announced its earnings this…

LVMH Is Aiming to Acquire US Jeweler Tiffany After It Struggles With Trade War

Ali Raza

LVMH, owners of Louis Vuitton and Hennesey, has recently reached out to Tiffany & Co. They offered the jewelry firm a whopping $14.5 billion for their acquisition within the conglomerate. People with familiarity over the matter explained that Tiffany has been struggling with financial issues due to the tariffs placed on its China exports. It’s…

Trade War Tensions Could Impact JD.com Stock Price

Siraj Sarwar

The escalation of trade war tensions between China and the United States negatively impacted JD.com (NASDAQ: JD) stock price upside momentum. The United States plans to impose new restrictions on China. This time they are seeking to hurt Chinese access to international financial and capital markets. JD.com stock price dropped from 52-weeks high of $30…

Southeast Asia Markets Dip as US-China Trade War Escalates

The effects of the trade war between China and the United States were again felt on Monday after the Southeast Asian stock markets fell with Singapore taking the lead. The benchmark index in Singapore fell by 0.8% with industrial stocks contributing heavily to the dip. Leading the way is Jardine Matheson Holdings Ltd that dropped…

Goldman Sachs offers to Shell Out $241 Million for 1MDB Settlement

Goldman Sachs Growth Forecast Lowers To 1.8% Due To US-China Trade War

Max Moeller

Goldman Sachs, a New York-based investment bank and financial services company, hadn’t properly accounted for the current trade war between the United States and China, reports CNBC. In fact, because of this, the company ended up lowering its quarter four growth forecast by 20 or so points, hitting a 1.8%. Jan Hatzius, chief U.S. economist…

IMF Maintains Its Views on Yuan; Identifies China's Need for Stimulus if Trade War Doesn't Improve

IMF Maintains Its Views on Yuan; Identifies China’s Need for Stimulus if Trade War Doesn’t Improve

Ali Raza

Amid a trade war between the United States and China, the International Monetary Fund (IMF) stated in recent hours that the value of yuan, Chinese official currency, was mostly in line with its economic fundamentals. However, and according to a report from Reuters quoting an IMF representative, the organization is trying to stimulate the Asian…

trade war

US-China Trade War Is Dragging the Global Economy into Unpredictability

Viraj Shah

The US and China are still standing in different positions because of which the trade war may not come to an end before 2020. The uncertainty over the current issues is leading the businesses to postpone their decisions because of their investments and consumption are getting hurt. Unpredictability leads to damage Interestingly, the unpredictability of…