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Trade Wars Slam Chinese Retail Sales, Investment Growth Weakest In 21 Years
Trade Wars Slam Chinese Retail Sales, Investment Growth Weakest In 21 Years While it will hardly come as a surprise to anyone following China's dismal attempts at reflating the economy, which on Monday we learned translated in.....»»
China"s car sales crash show trade war wounds, electronic cars flopping
The Chinese auto market is on track to contract for second year, dragged down by weak demand in the face of cooling economic growth and a tariff war with Washington......»»
China"s auto market could shrink about 8% this year: industry official
Auto sales in China may skid to 26 million this year, a drop of around 8%, a senior industry executive warned, as the world's largest auto market braces for a second year of contraction amid slowing economic growth and tighter vehicle emissions standards......»»
Wall St. opens higher after strong retail sales data, Walmart results
U.S. stocks opened higher on Thursday as a surge in July retail sales and Walmart's robust results eased fears of a recession in the world's largest economy, while differing reports on the U.S.-China trade dispute kept investors on edge......»»
Hugo Boss pares outlook due to tough U.S. market
Hugo Boss expects full-year sales and earnings to come in at the lower end of its forecasts due to challenges in the U.S. market, despite strong sales growth in China, the German fashion house said on Thursday......»»
China auto group cuts 2019 sales forecast to a 5% drop
China's biggest auto industry association has cut its sales forecast for this year due to slowing economic growth, and now expects sales to fall for the second year running......»»
Dutch firm Philips tops quarterly sales estimates as growth picks up
Dutch health technology company Philips on Monday reported a better-than-expected 6% rise in comparable sales for the second quarter, helped by strong demand for its hospital equipment in China and the United States......»»
Philips second-quarter results top estimates as growth picks up
Dutch health technology company Philips on Monday reported a better-than-expected 6% rise in comparable sales for the second quarter, helped by strong demand for its hospital equipment in China and the United States......»»
China home price growth cools in June, but investment quickens
Growth in China's new home prices cooled in June as sales shrank for a second month, but building starts and investment quickened, providing a cushion for the slowing economy while Beijing claims some wins in reducing market froth......»»
Global shares advance on data boost from U.S., China
Global shares rose on Monday, aided by data showing profits at Chinese industrial firms grew for the first time in four months and a strong reading of U.S. first quarter growth data last week......»»
China Economy Expands at 6.4% as Strong Growth Holds
Many experts believed a trade war with the United States would dampen China’s economic growth. They were wrong. It grew by 6.4% in the first quarter, a sign that the Chinese economic miracle........»»
U.S. March and quarter one auto sales drop in weak start to 2019
Major automakers on Tuesday reported weak U.S. sales for March and the first quarter, citing a rough start to the year, but said a robust economy and strong labor market should encourage consumers to buy more vehicles as 2019 rolls on......»»
U.S. March, first-quarter auto sales drop in weak start to 2019
Major automakers on Tuesday reported weak sales for March and the first quarter citing a rough start to the year, but said a robust economy and strong labor market should encourage consumers to buy more vehicles as 2019 rolls on......»»
U.S. auto tariffs, no-deal Brexit are major risks for trade growth: WTO
The imposition of tariffs on U.S. imports of cars would have a bigger impact on the world economy than the U.S.-China trade war has had to date, while a "no deal" Brexit could also weigh on trade growth, the WTO's chief economist said on Tuesday......»»
China Geely Auto"s full-year profit jumps 18 percent, shares climb
China's Geely Automobile Holdings posted an 18 percent jump in annual net profit, driven by higher sales of its sedans and sports utility vehicles (SUVs), but forecast flat sales growth in 2019 due to uncertainty about domestic demand......»»
China: consumers boost Q1 growth despite trade worries
China's economy grew at a slightly faster-than-expected pace of 6.8 percent in the first quarter, buoyed by strong consumer demand, healthy exports and robust property investment. David Pollard reports......»»
At 6.8%, China economy carries strong growth momentum into early 2018
Consumption, which accounted for almost 80% of economic growth in the first quarter, played a significant role in supporting the economy even as risks grew for Chinese exporters.....»»
Earnings Outlook: Nvidia earnings: Data center, gaming momentum need to distract from auto, crypto weakness
Nvidia investors will need to see continued strong growth in the chipmaker’s two largest segments — gaming and datacenter — to make up for challenges facing its auto- and cryptocurrency-related sales as shares hover around record levels......»»
Funds favour India for returns; not China"s Belt-and-Road project
India is a key market for Macquarie Group thanks to strong economic growth and state asset sales.....»»
China auto sales growth weakens in June amid trade battle
China's auto sales decelerated in June, adding to economic worries for Beijing amid a worsening trade battle with Washington......»»