European stocks are set to open higher Friday morning, tracking overnight gains on Wall Street amid elevated expectations of strong U.S. earnings. The FTSE 100 is seen 41 points higher at 7,692; the CAC is expected to open up around 26 points at 5,429 while the DAX is poised to start 60 points higher at […]
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Currency, United States Finance
History shows the US-UK special relationship is increasingly one-sided
Winston Churchill coined the term “special relationship” in a 1946 speech in Fulton, Missouri. He said a unique bond between the United States and the United Kingdom was the “only means” by which the world could achieve its “full stature and strength” in the face of communism. Churchill had established a deep friendship with President […]
Read moreThe proposed U.S. tariffs on an additional $200 billion in Chinese goods would hit the world’s second-largest economy more severely than the previous custom duties did, according to the chief executive of Southeast Asia’s largest bank. That’s because the latest list of targeted Chinese goods includes a greater number of finished products, which can be […]
Read moreChina reported Friday that its June imports rose 14.1 percent in dollar-denominated terms, falling far short of a 20.8 percent increase expected by analysts. China’s exports, meanwhile, slightly topped expectations by rising 11.3 percent in June, according to data from the country’s General Administration of Customs showed on Friday. Overall, China ran a $41.61 billion […]
Read moreChina on Friday reported that both its imports and exports with the U.S. rose in the first half of 2018. Exports to the world’s largest economy rose 5.7 percent against the prior year-ago period in yuan terms, China’s customs office said. Imports from the U.S., meanwhile, correspondingly rose 4 percent. More information on the trade […]
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