Trump Wont Kill Off Germanys Trade Surplus

Germany’s trade surplus is likely to stay large no matter how hard Donald Trump tries to make it disappear. The U.S. president has accused his ancestral homeland — his grandfather was a German immigrant — of unfair trade practices and threatened the country with import levies on cars. Time is…

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Turkey Crisis Deepens as Sanctions Threat Sends Lira to New Low

Turkey’s lira sank to a record low and bonds tumbled as heightened concern over a respond in kind to U.S. sanctions over a detained American pastor. The iShares MSCI Turkey exchange-traded fund plunged 7.5 percent — the lowest level since 2009. As the currency tumbled, Turkish policymakers changed Turkey Changes…

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Asian Stocks Climb; Treasuries, Dollar Steady: Markets Wrap

Asian stocks rose Tuesday, though risk appetite remained subdued as earnings season continued. The dollar steadied and Treasuries were little changed. Equity benchmarks ticked higher in Japan and Korea with Australian shares posting declines. Hong Kong and Chinese stocks outperformed. Earlier, the S&P 500 Index closed at its highest since…

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Trump, Juncker Tout Deal Pulling Back From U.S.-EU Trade War

President Donald Trump and European Commission President Jean-Claude Juncker agreed to suspend new tariffs while negotiating over trade, pulling the U.S. and Europe back from the edge of a transatlantic trade war. The leaders pledged to expand European imports of U.S. liquefied natural gas and soybeans and both vowed to…

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Saudi Arabia Suspends Ties With Canada Over Activist Row

Saudi Arabia halted new trade and investment dealings with Canada and suspended diplomatic ties in a dramatic escalation of a dispute over the kingdom’s arrest of a women’s rights activist. The kingdom recalled its ambassador to Ottawa and ordered the Canadian envoy to Riyadh to leave within 24 hours, according…

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Floyd Mayweather-Backed Coin Promoters Hit With Criminal Charges

Centra Tech founders illegally sold securities, U.S. says SEC says they relied on celebrity endorsements, social media More From this publisher : HERE ; This post was curated using : TrendingTraffic

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Saudi Fund Said to Take $400 Million Stake in Emanuels Endeavor

Hollywood talent agency part of kingdom diversification plan Deal said to come as crown prince begins visit to U.S. rebuilds industries that have withered since movie theaters and other forms of cultural expression were banned more than 35 years ago. One proposal under discussion would have the company work with…

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