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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…
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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…
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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…
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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…
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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…
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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…
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On Tuesday, the United States President Donald Trump said that he would provide more to American farmers who will suffer from the current trade war between the United States and China. As you may know, due to the results of the war, China had said that they would no longer be purchasing agricultural products from…
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Jerome Powell, Chairman of the Federal Reserve, paired with United States President Donald Trump have the power to move the stock market, according to recent events. As CNBC reports, Powell shared a few words while Donald Trump did his typical thing and tweeted about the market, both of which played a part in the stock…
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The ongoing trade war between the United States and China has come with some major effects on businesses from both nations and this has resulted in some American companies opting to move their production in order to cut costs and risk. The majority of US companies that take the production of their goods to China…
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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…
