BRP raised its financial forecast for the year and now expects to post … warned earlier this month that plans by the U.S. government to hike tariffs on China would have major implications for the…
Tagged By banking
CIFTIS opens a new door for China’s service trade
The CIFTIS, which was before named China (Beijing) International Fair for Trade in Services, has a new name this year, and meanwhile combines several other well-known exhibitions. The CIFTIS was … ( read original story…
Trudeau, Pence urges China to release Canadians
U.S. Vice President Mike Pence and Canadian Prime Minister Justin Trudeau on Thursday in Ottawa urged China to release the two Canadian men who were arrested and charged with espionage after Canadian … ( read…
Costco says ‘prices will go up’ in the wake of U.S. trade war with China as tariffs rise
Costco’s chief financial officer, during an earnings call with investors. “We’re hopeful the ebbs and flows of the relations between our countries improves in that regard.’’ The Trump administration … ( read original story …)
Baozun Reports First Quarter Financial Results
Baozun (NASDAQ:BZUN), ecommerce and digital marketing company based in China reported its unaudited financial results for the first quarter. Year-over-year revenues reached US$191.7 million … ( read original story …)
Canadian Financial Close: Loonie steady despite bleak economic outlook
WINNIPEG, May 30 (MarketsFarm) – The Canadian dollar was steady at market close on Thursday, despite persisting fears of the United States/China trade war causing a global economic slowdown. The … ( read original story…
Trudeau, Pence to discuss Huawei, China trade issues during Ottawa meeting: source
Pence, known for taking a hard line against China, will travel to the Canadian capital to discuss … The battle spilled into Canada last year, when the company’s chief financial officer Meng Wangzhou … (…
Pence pledges solidarity, aligns freedom of Canadians held in China with trade
OTTAWA — The United States will link the liberation of the two Canadians imprisoned by China to its free-trade talks with the People’s Republic, U.S. Vice-President Mike Pence pledged Thursday. … ( read original story…
U.S. China tensions dampening economic outlook
As tensions between the U.S. and China continue to grow, the treasury yield continues to slide into inversion territory. Yahoo Finance discusses the latest with the CEO of Whalen Financial Andrew … ( read original…
Evidence Apple iPhone demand is bouncing back in China: BAML
Even as a bitter U.S.-China trade war threatens to dent major tech firms, fears of demand deterioration for Apple’s (AAPL) flagship devices may be overblown, according to at least one major Wall … ( read…
Singapore bank sees Southeast Asia as ‘haven’ from trade war
United Overseas Bank Ltd. is betting Southeast Asia will shield it from the escalating trade war between the US and China, distancing itself from the approach of its two main rivals that have expanded ……
Why I’m still bullish on the Canadian banking sector
as the bank benefited from strong US retail lending activity. Along with the U.S. leading the global expansion, slowdowns in the Eurozone and China are stabilizing and our indicators suggest there’s a … ( read…
Bank of Canada holds rates, says economic slowdown likely temporary
It has since stayed on the sidelines citing the economic challenges posed by high levels of household debt, low oil prices and trade tensions between the United States and China. Though the bank … (…