TimeLine Layout

April, 2018

  • 9 April

    ‘Trade war impact on copper short-term’

    SANTIAGO / Reuters A looming trade war between the United States and China will fuel near-term volatility for copper prices, but strong demand and tight supply for the metal will bolster long-term market fundamentals, the head of Anglo-American’s copper division said in an interview. The price of the red metal has fluctuated along with other financial commodities in recent weeks ...

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  • 9 April

    UK regulator urges EU Brexit coordination

    LONDON / Reuters Britain’s financial watchdog called on Monday for immediate coordination with European Union counterparts to ensure that Brexit is as smooth and stable as possible for markets. The Financial Conduct Authority (FCA) has said financial firms should feel comfortable about relying on a transition deal agreed last month between Britain and the EU. This covers the period between ...

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  • 9 April

    UK house prices jumped in March, activity ‘subdued’

    Bloomberg UK home prices jumped to a record in March, though the larger picture of a slowdown is unchanged, according to Halifax. Values surged 1.5 percent from February, to an average 227,871 pounds ($321,600), the lender said in a report published on Monday. But over the first quarter, prices were stagnant, it said, adding that activity has “softened” compared with ...

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  • 9 April

    Hawkish Bolton ruins Iran’s nuclear holiday

    Bloomberg As President Donald Trump threatens to tear up the Iran nuclear deal and tensions flare across the Mideast, his hawkish new national security adviser is preparing to start work. John Bolton, a veteran of Republican administrations who’s called for military action to stop Iran from getting a nuclear bomb, takes over the key White House position on Monday, just ...

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  • 9 April

    Britons back vote between May’s Brexit deal, staying in EU

    Bloomberg A majority of Britons support holding a vote on the final Brexit deal secured by Prime Minister Theresa May, according to a YouGov poll conducted for the pro-remain group Best for Britain. Those saying the public should have the final say on whether to accept the Brexit deal or remain in the European Union exceeded opponents by 8 percentage ...

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  • 9 April

    Nigeria’s Buhari seeks re-election

    ABUJA / Reuters Nigeria’s President Muhammadu Buhari confirmed on Monday he will seek another term in elections next year, ending months of speculation about his future after bouts of ill health. The 75-year-old said he would seek his party’s presidential ticket to contest elections in February 2019 during a closed door meeting of the national executive committee of his All ...

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  • 9 April

    US confirms Kim’s denuclearisation talks

    Bloomberg The US has confirmed that Kim Jong Un is willing to talk to President Donald Trump about getting rid of his nuclear weapons, as South Korea claimed when it passed along the North Korean leader’s offer for a historic meeting, according to an administration official. Whether or not Kim had genuinely offered to discuss dismantling his nuclear programme was ...

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  • 9 April

    Turnbull loses 30th consecutive poll in blow to government

    Bloomberg Malcolm Turnbull’s government lost a 30th straight opinion poll on Monday — an uncomfortable milestone for Australia’s prime minister, who used the same measure as a justification for deposing his predecessor. The Liberal-National coalition has now trailed the main opposition Labor party in the closely watched Newspoll since shortly after scraping back into office in the July 2016 election. ...

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  • 9 April

    Can US count on winning a trade war with China!

    Trade war! Those dread words are on everyone’s lips (and electronic equivalents) as President Donald Trump and China’s President Xi Jinping throw out a series of rapidly escalating tariff threats: President Donald Trump fired a shot at China’s plans to dominate strategic technologies, proposing tariffs on 1,300 goods from semiconductors to flamethrowers. China hit back hard today, targeting politically sensitive ...

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  • 9 April

    How power firms can save an aging Japan

    Two years ago, Japan passed a milestone rare in world history except in times of war, famine or natural disaster: Its population began to shrink. And not only is it shrinking, but its average age is also rising. This trend is creating societal challenges, not least the phenomenon of elderly people passing away unknown, even unnoticed. This may not sound ...

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