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'On This Point, Donald Is Right,' Says EU Chief As She Slams China's Trade Practices At G7, Urges Trump To Join Forces
Wednesday, June 18, 2025 - 4:40am | 657Ursula von der Leyen, the President of the European Commission, has criticized China for its export restrictions on vital raw materials used in the production of cars, batteries, and wind turbines. The move, she says, is disrupting global trade and undermining competition. What Happened: Von...
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China Slams US And Other G7 Countries For Hyping Up Trade Overcapacity: 'Attempts To Set Obstacles And Limitations'
Monday, May 27, 2024 - 7:12am | 489China has responded to the Group of Seven (G-7) nations’ criticism of its trade practices, accusing them of exaggerating the issue of overcapacity. What Happened: The G-7 finance ministers and central bankers claimed on Saturday that China’s non-market policies harm global economies,...
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Fintech Focus For August 27, 2020
Wednesday, August 26, 2020 - 6:18pm | 2221Quote Of The Day: Life is ours to be spent, not to be saved. - D.H. Lawrence Fintech Movers: A lot of acceleration has been observed within the solutions and advisory groups within the asset management community, as well as trends towards shifting assets under management to an outsourced CIO, and...
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Crazy Night: 'Buy The Dip' Mentality Evident As Market Storms Back From Overnight Spook
Tuesday, June 23, 2020 - 10:25am | 2346Key Takeaways: Wild overnight session as administration spooks market with China trade comments. Two elements continue fighting it out in the market to stay at home vs. optimism trade. New home sales, PMI data both due this morning, but earnings calendar light. (Tuesday Market Open) The overnight...
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Asian Trade Reveals Economic Distress
Tuesday, June 16, 2020 - 12:46pm | 935The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. A recent "surge" in containers from China has created a plethora of bullish headlines signaling a possible turnaround. Well, don't pop the champagne yet. The flow...
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Is Meat The New Toilet Paper?
Tuesday, May 12, 2020 - 11:49am | 252On today's episode, Dooner and The Dude talked about meat shortages causing supermarkets to institute rationing, trucking loses 88,000 jobs, and will tightening in reefer markets rub off on dry van? They're joined by Trey Griggs, Global Director of Sales at Hubtek to talk about launching TABi at...
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The Surprising Way Trump's US-China Trade Dispute Hurts Marijuana Users
Wednesday, May 22, 2019 - 3:11pm | 649By Brendan Bures. Major political disputes often create unpredictable ripples in the world of cannabis. Sometimes, these waves are small and kitschy. When President Donald Trump caused a government shutdown because legislators wouldn’t fund his border wall, that meant government workers were...
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In Wake Of SunTrust/BB&T Merger, Financials Weak On Lower Bond Yields
Friday, February 8, 2019 - 10:57am | 1439As this week comes to a close, it seems that traders and investors are continuing to focus on global growth worries stemming from trade fears and concerns about the eurozone economy. The U.S. market appears headed for its third down day in a row after European and Asian shares were mostly lower...
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EUR/USD Forecast: Recovering, But Only Within A Downtrend Channel, Selling Opportunity?
Monday, January 21, 2019 - 11:21am | 406EUR/USD is ticking up below the 1.1400 level in the wake of a new week. Chinese related headlines dominate as the US is on holiday. The technical picture is bearish for the pair. EUR/USD kicks off the new week with a gentle move toward 1.1400, trading within a limited range. China reported an...
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Bank Season Hits Roadblock As Morgan Stanley Earnings Appear To Disappoint
Thursday, January 17, 2019 - 10:50am | 2706After an impressive start to the week, markets appear to face some tough sledding Thursday as investors eye disappointing earnings from Morgan Stanley (NYSE: MS), lack of progress on China trade, and no end in sight to the U.S. government shutdown. While focus in the early going might be on MS, the...
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Trade Deficit Widens in April as Import Growth Outpaces Exports
Tuesday, June 4, 2013 - 9:26am | 538The U.S. trade deficit widened in April from March as the growth in imports outpaced that of exports. Consumer goods imports saw a sharp increase in the month in a sign that the U.S. consumer may have bounced back in April following the release of tax rebates. For April, the Census Bureau reported...