trade war – Benefits Canada.com

China virus outbreak chilling recovery for Asian economies

mschmit — Tue, 18 Feb 2020 05:15:58 +0000

The virus outbreak in China has put South Korea’s economy into an “emergency situation,” its president says. Japan is on the brink of recession and big manufacturers are forecasting a whole world of woe. As many Chinese finally go back to work after their longest Lunar New Year holiday ever, the economic fallout from the […]

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Caisse’s Sabia warns U.S. China trade rivalry could further split global economy

mschmit — Fri, 29 Nov 2019 04:46:48 +0000

The outgoing head of Quebec’s pension fund manager says the U.S.-China trade war threatens to fan protectionism and cleave economies in what amounts to “the defining conflict of our time.” Michael Sabia, who is slated to step down as chief executive officer of the Caisse de dépôt et placement du Québec in February, said Thursday […]

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China warns U.S. investment curbs would hurt global growth

mschmit — Tue, 01 Oct 2019 04:30:38 +0000

China warned the United States against trying to limit investment ties between the two countries, even as the Trump administration contradicted a report that Washington might be considering removing Chinese companies from American stock exchanges. The foreign ministry appealed to Washington to “meet us halfway” and resolve disputes amid a tariff war that threatens to […]

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Bank of Canada holds interest rate as it takes stock of trade war impacts

mschmit — Wed, 04 Sep 2019 08:00:55 +0000

The Bank of Canada is holding steady on interest rates as it gauges the extent of the damage that deepening trade conflicts have had on the domestic and global economies. The rate decision Wednesday, which was widely expected, kept the central bank’s overnight rate at 1.75 per cent and followed a solid second-quarter rebound for […]

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Populism, politics and tech continue to disrupt markets

mschmit — Tue, 02 Jul 2019 03:48:57 +0000

Looking back at the first half of 2019, bond and equity markets seem to be telling opposing stories, according to T.Rowe Price’s mid-year market outlook. Strong gains in equity markets in the U.S. and certain emerging regions would appear to suggest a renewed confidence in earnings for the year to come, the report said. Meanwhile, […]

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World economy set to grow at 3.2% this year: AB

mschmit — Wed, 18 Jul 2018 10:28:16 +0000

Global growth on track for 2018, despite challenges: report

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