Category: Economics

It’s more than just the trade war. Apple’s China business has been under pressure for a while 0

It’s more than just the trade war. Apple’s China business has been under pressure for a while

Several Wall Street analysts have been cutting their iPhone production forecasts in the last few weeks amid reports of lackluster demand for the latest models. In November, Apple also said it would no longer...

Here are the best and worst performing markets of 2018 0

Here are the best and worst performing markets of 2018

Qatar’s stock exchange surged over 20 percent in U.S. dollar denominated terms in 2018. The small Gulf state officially left OPEC on Tuesday, ending a membership which had stood for more than half-a-century. Doha...

Tim Cook blamed China for Apple weakness: Here’s what he said about the country in 2018 0

Tim Cook blamed China for Apple weakness: Here’s what he said about the country in 2018

Apple Chief Executive Tim Cook has blamed an economic slowdown in China, and the Sino-U.S. trade war, for its downgrade to its first-quarter sales guidance. That marks a dramatic change in tune from the...

Apple must respect court ban on iPhone sales, Chinese anti-counterfeit alliance says 0

Apple must respect court ban on iPhone sales, Chinese anti-counterfeit alliance says

A national Chinese anti-counterfeit alliance called on Apple on Thursday to comply with a court order banning sales of some iPhones in the country. The order was made in December at Qualcomm‘s request, and...

Trump will win the trade war with China, says Gary Shilling 0

Trump will win the trade war with China, says Gary Shilling

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This timeline shows how the US-China trade war led to the latest round of talks in Beijing 0

This timeline shows how the US-China trade war led to the latest round of talks in Beijing

The Trump administration and the Chinese government restart trade talks Monday as they scramble to strike a new deal before a March 2 deadline. Washington and Beijing hope to stop a potentially ruinous trade...

Elon Musk breaks ground on Tesla’s Shanghai factory 0

Elon Musk breaks ground on Tesla’s Shanghai factory

Tesla CEO Elon Musk and Shanghai Mayor Ying Yong celebrated on Monday the ground breaking of the electric automaker’s first non-U.S. factory. “China is becoming the global leader in electric vehicle adoption, and it...

JPMorgan says China hasn’t done enough to stimulate its economy 0

JPMorgan says China hasn’t done enough to stimulate its economy

But the suite of measures by the central bank so far is “not adding that much liquidity into the market in China,” Anderson noted, referring to the amount of funds available for spending and...

More stock market carnage could force Trump to make a China trade deal, expert says 0

More stock market carnage could force Trump to make a China trade deal, expert says

However, Dutt said the U.S. and China are unlikely to come to a comprehensive deal at the end of the 90-day truce, though there will likely be some sort of a smaller agreement. “They...

Central banks are not — and never should be — the fixers of last resort 0

Central banks are not — and never should be — the fixers of last resort

That is unfortunate because, with monetary and fiscal policies having no room for active support to economic activity, U.S. net exports should be the only sustainable source of stimulus to demand, output and employment...