Corporate America frets over rising toll from China trade war

  Corporate executives in the US are growing increasingly nervous that the trade spat with China will dent their companies’ profits. As second-quarter earnings season comes to a close, about half of the 102 companies that have mentioned Chinese growt...
  • August 12, 2019
  • 44 Views

Summer of fear

  August used to be an easy month, blissfully free of news. Now, it seems like it’s the time when everything happens. President Donald Trump has gone on holiday, and we can only hope that means less tweeting (though I’m not holding my breath). But be...
  • August 12, 2019
  • 52 Views

Workers abroad offer lifeline for Zimbabwe’s economy

  The laden Toyota Hiace minibuses and Isuzu pick-ups that depart from South Africa’s economic hub every day on journeys hundreds of miles north are a vital artery that helps to keep Zimbabwe’s broken economy alive. As the shortage-plagued nation onc...
  • August 12, 2019
  • 47 Views

Deutsche admits it faces struggle to revive IPO business

  Deutsche Bank faces an uphill battle to revive its struggling equity capital markets business, one of the bank’s top executives has admitted. The German bank’s share of the market for advising European companies on initial public offerings, rights ...
  • August 12, 2019
  • 42 Views

Japan Inc to speed up China exit in response to more tariffs

  Having prepared for the prospect of additional US tariffs on Chinese goods, Japanese corporations with factories in China are expected to move faster in shifting production out of the country now that Washington has decided to escalate the trade wa...
  • August 12, 2019
  • 55 Views

China’s economy caught in trade dispute crossfire

  In the hunt for global talent, China’s Huawei will not be poaching engineers from US technology giants such as Qualcomm or Apple anymore. “If they are connected to the US, the long arm of US jurisdiction can reach our company,” Huawei founder Ren Z...
  • August 11, 2019
  • 49 Views

What next for the renminbi’s trajectory?

  What next for the renminbi’s trajectory? With its first week above the seven-per-dollar threshold in a decade behind it, the renminbi’s path ahead remains fraught and subject to the impact of China’s economic slowdown and an escalating trade war. U...
  • August 11, 2019
  • 53 Views

There will be no winners in a currency war   

  The trade wars fomented by the Trump administration are on the cusp of morphing into currency wars.  Currency devaluation might seem a useful element of the policy toolkit for economies suffering from slowing growth or, indeed, dealing with trade d...
  • August 11, 2019
  • 50 Views
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