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05 Aug REFILE-WRAPUP 6-Trump shrugs off trade war concerns; China warns of market chaos

Posted at 15:40h in News by KMFSLLP 0 Comments

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U.S. President Donald Trump on Tuesday dismissed concerns over a protracted trade war with China, as Beijing warned that Washington's decision to label it a currency manipulator would lead to chaos in financial markets.

05 Aug South Africa’s Eskom urgently needs turnaround plan – Moody’s

Posted at 15:13h in News by KMFSLLP 0 Comments

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South Africa's state power utility Eskom urgently needs a turnaround plan as its capital structure is unsustainable, credit ratings agency Moody's said on Tuesday in a report which sent the rand lower.

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05 Aug New U.S. action forces choice between doing business with Caracas or Washington -Bolton

Posted at 15:01h in News by KMFSLLP 0 Comments

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U.S. President Donald Trump's new executive order on Venezuela means that U.S. sanctions can now be imposed on any business done with the Venezuelan government, White House national security adviser John Bolton told reporters on Tuesday.

05 Aug Trump trade adviser Navarro calls on Fed to cut rates further

Posted at 14:54h in News by KMFSLLP 0 Comments

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White House trade adviser Peter Navarro on Monday called on the U.S. Federal Reserve to cut interest rates by another three-quarters of a point to full point by end of year to bring U.S. rates into line to with rates elsewhere.

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05 Aug UPDATE 5-Vivendi talks Universal with Tencent to tap music revival

Posted at 14:47h in News by KMFSLLP 0 Comments

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Vivendi is in talks to sell up to 20% of Universal Music Group (UMG) to Tencent, valuing its prized asset at around 30 billion euros ($34 billion), as both firms look outside their core regions to expand in a recovering global music market.

05 Aug Bitcoin as a safe haven? More a speculative bet, market players say

Posted at 14:22h in News by KMFSLLP 0 Comments

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* Enthusiasts say decentralised nature gives potential as haven

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05 Aug Fed’s Harker calls for research to understand ‘unruly’ economic factors

Posted at 14:10h in News by KMFSLLP 0 Comments

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Aug 6 - Philadelphia Federal Reserve Bank President Patrick Harker on Tuesday encouraged researchers to develop more "angles of analysis" on the economy "at a time when far more of the variables appear to be uncertain - or unruly."

05 Aug Trump still wants trade deal with China -adviser

Posted at 13:17h in News by KMFSLLP 0 Comments

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U.S. President Donald Trump wants to continue trade talks with China and the Trump administration is still planning to host a Chinese delegation for further talks in September, a top White House adviser said on Tuesday.

05 Aug UK appoints veteran academic as national statistician

Posted at 13:15h in News by KMFSLLP 0 Comments

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Former Aberdeen university vice-chancellor Ian Diamond coaxed out of retirement

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05 Aug UPDATE 1-Apple, Goldman Sachs start issuing Apple Cards to consumers

Posted at 13:14h in News by KMFSLLP 0 Comments

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Apple Inc and Goldman Sachs Group Inc rolled out a virtual credit card on Tuesday, which will help the iPhone maker diversify from device sales and also build out the Wall Street bank's new consumer business.

News

05 Aug REFILE-WRAPUP 6-Trump shrugs off trade war concerns; China warns of market chaos

05 Aug South Africa’s Eskom urgently needs turnaround plan – Moody’s

05 Aug New U.S. action forces choice between doing business with Caracas or Washington -Bolton

05 Aug Trump trade adviser Navarro calls on Fed to cut rates further

05 Aug UPDATE 5-Vivendi talks Universal with Tencent to tap music revival

05 Aug Bitcoin as a safe haven? More a speculative bet, market players say

05 Aug Fed’s Harker calls for research to understand ‘unruly’ economic factors

05 Aug Trump still wants trade deal with China -adviser

05 Aug UK appoints veteran academic as national statistician

05 Aug UPDATE 1-Apple, Goldman Sachs start issuing Apple Cards to consumers

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