Category: Economics

Starbucks CEO: We’re going to apply to the US what we’ve learned in China 0

Starbucks CEO: We’re going to apply to the US what we’ve learned in China

Regarding potential business disruptions from the ongoing U.S.-China trade war, Johnson struck an unconcerned note. Given in how many markets the company operates, “there’s always something going on in geopolitical relationships,” so Starbucks has...

Democrats’ capture of the House could drive down investment into the US, strategist says 0

Democrats’ capture of the House could drive down investment into the US, strategist says

As Democrats are set to take control of the U.S. House of Representatives, some investors may find investing in the United States a less appealing proposition, according to one strategist. The liberal party appeared...

The outlook for deal-making remains ‘patchy’ in Southeast Asia, senior banker says 0

The outlook for deal-making remains ‘patchy’ in Southeast Asia, senior banker says

Trade tensions and geopolitical developments have yet to weigh on deal-making sentiment across Southeast Asia — but the near-term outlook remains “patchy,” according to a senior investment banker. David Biller, ASEAN head of corporate...

Here’s what the US election results mean for Trump’s trade war with China 0

Here’s what the US election results mean for Trump’s trade war with China

“On trade, it’s going to be the same, if not worse, in terms of U.S.-China,” Steven Okun, senior advisor at McLarty Associates, told CNBC as election results were trickling in. Both Democrats and Republicans...

Reckonings, blue ripples and a ‘weaker’ Trump: How the global media sees the midterm results 0

Reckonings, blue ripples and a ‘weaker’ Trump: How the global media sees the midterm results

Media outlets outside the U.S. have also been closely following the Midterms and Wednesday’s results, seeing the vote as a referendum on Trump’s time in power. The U.K.’s right-leaning newspaper The Telegraph reported the...

China puts on a big show, but not everyone is buying its trade message 0

China puts on a big show, but not everyone is buying its trade message

Although many companies may not yet have the open access to China they would like, they may be selling more to the country if promises sealed at the expo are met. “What we are...

China’s exports and imports both grow more than expected in October 0

China’s exports and imports both grow more than expected in October

China on Thursday reported exports and imports for the month of October that exceeded forecasts, the country’s General Administration of Customs reported. According to Reuters, China recorded a trade surplus of $31.78 billion with...

Health experts propose a red meat tax to recoup $172 billion in health care-costs 0

Health experts propose a red meat tax to recoup $172 billion in health care-costs

Hundreds of billions of dollars could be put toward health-care costs every year if a tax was applied to red and processed meat, Oxford University researchers said Wednesday. A new study from the U.K....

Here are the Asian countries that win and lose from the trade war 0

Here are the Asian countries that win and lose from the trade war

Disruption in Asia as result of the U.S.-China trade war is inevitable, Marro said. Countries in the region that are heavily dependent on shipments to China — such as Japan, South Korea, Taiwan, Singapore...

Australia: We welcome Chinese investments despite concerns about a pending gas deal 0

Australia: We welcome Chinese investments despite concerns about a pending gas deal

Australia remains open to Chinese investments regardless of whether Canberra blocks an acquisition of a major energy company by a Hong Kong-led consortium, Australian Treasurer Josh Frydenberg told CNBC on Friday. Earlier this year,...