- China announced dumping and subsidy probes of chicken and auto products from the U.S., two days after President Barack Obama imposed tariffs on tires from the Asian nation.
- President Barack Obama's decision to place tariffs on tires from China may be the opening move in a campaign for fewer trade barriers, based on the strategy used by his four predecessors.
- Asian stocks fell, dragging the MSCI Asia Pacific Index from a one-year high, amid concern a six-month rally had overvalued prospects for an earnings recovery in the region.
- European and U.S. stock-index futures dropped and Asian shares declined on speculation the six-month rally in equities has outpaced the prospects for earnings and economic growth.
- President Barack Obama, speaking a year after Lehman Brothers Holdings Inc.’s collapse, heads to Wall Street today to outline his plan for unwinding government involvement in the financial sector and to argue that new regime of rules to prevent a market crisis is needed more than ever.
September 14
No comments:
Post a Comment