You are here
Business Mexico NAFTA U.S. United States 

U.S. talks tough on trade deficit as NAFTA discussions begin

August 17, 2017 By Anthony Esposito and David Lawder WASHINGTON (Reuters) – The United States drew a hard line for renegotiating the North American Free Trade Agreement on Wednesday, demanding major concessions aimed at slashing trade deficits with Mexico and Canada and boosting U.S. content for autos. At the start of talks in Washington, U.S. President Donald Trump’s top trade adviser, Robert Lighthizer, said Trump was not interested in “a mere tweaking” of the 23-year-old pact, which Trump has threatened to scrap without major changes. “We feel that NAFTA has…

Read More
China Economy Japan month Top News United States 

Japan’s exports rise in July, underpin strengthening economy

August 17, 2017 By Leika Kihara TOKYO (Reuters) – Japan’s exports rose for an eighth straight month in July on robust shipments to the United States and a boost from a weak yen, a sign overseas demand rebounded from a lull in the previous quarter to underpin a steady economic recovery. The data underscores the Bank of Japan’s view the world’s third-largest economy is showing increasing signs of strength as private consumption adds momentum to an export-led recovery. Imports rose for the seventh straight month on brisk demand for personal…

Read More
Business Mexico NAFTA U.S. United States 

U.S. talks tough as NAFTA negotiations get under way

August 16, 2017 By Lesley Wroughton and David Lawder WASHINGTON (Reuters) – The United States on Wednesday laid down a tough line for modernizing the North American Free Trade Agreement, demanding major changes to the pact that would reduce U.S. trade deficits with Mexico and Canada and increase U.S. content for autos. Speaking at the start of the talks in Washington, U.S. President Donald Trump’s top trade adviser, Robert Lighthizer, said NAFTA had “failed many, many Americans” and Trump was not interested in “a mere tweaking” of the 23-year-old pact….

Read More
Business Mexico NAFTA U.S. United States 

NAFTA negotiators aim for ‘ambitious’ start to talks: U.S. official

August 15, 2017 By Lesley Wroughton and David Ljunggren WASHINGTON (Reuters) – Negotiators from Canada, Mexico and the United States are aiming for an “ambitious” first round of trade talks, a senior U.S. official said on Tuesday, as the countries try to fast-track a deal to modernize the 23-year-old pact by early next year. The United States Trade Representative official, speaking on a conference call with reporters, said the sides would begin to merge proposed texts during the first round of meetings in Washington. The talks start on Wednesday led…

Read More
government Michigan Supreme Court Tech Top News United States 

Tech companies urge Supreme Court to boost cellphone privacy

August 15, 2017 By Andrew Chung WASHINGTON (Reuters) – More than a dozen high technology companies and the biggest wireless operator in the United States, Verizon Communications Inc , have called on the U.S. Supreme Court to make it harder for government officials to access individuals’ sensitive cellphone data. The companies filed a 44-page brief with the court on Monday night in a high-profile dispute over whether police should have to get a warrant before obtaining data that could reveal a cellphone user’s whereabouts. Signed by some of Silicon Valley’s…

Read More
China Economy media Top News U.S. United States 

China state media says U.S. trade probe will hurt both countries

August 15, 2017 SHANGHAI (Reuters) – A decision by the United States to investigate China’s trade practices is a unilateralist “baring of fangs” that will hurt both sides, China’s state news agency Xinhua said on Tuesday. U.S. President Donald Trump on Monday authorized an inquiry into China’s alleged theft of intellectual property that administration officials said could have cost the United States as much as $600 billion. U.S. Trade Representative Robert Lighthizer will have a year to look into whether to launch a formal investigation of China’s trade policies on…

Read More
Economy Masayuki Kitano Editing North Korea Stephen Innes Top News United States 

Dollar edges higher vs yen as concerns over North Korea tensions ease

August 15, 2017 By Masayuki Kitano SINGAPORE (Reuters) – The dollar edged higher against the yen on Tuesday, pulling away from a recent four-month low, as concerns over tensions between the United States and North Korea eased for now, supporting risk appetite. North Korea’s said he will watch the actions of the United States for a while longer before making a decision on a threatened missile strike near Guam, the North’s official news agency said on Tuesday. “The rhetoric is easing. I think the market was sort of leaning that…

Read More
Economy Japan North Korea President Donald Trump Top News United States 

Dollar clings on above four-month low versus yen; eyes on North Korea tensions

August 14, 2017 By Masayuki Kitano SINGAPORE (Reuters) – The dollar edged higher against the yen on Monday, trading above last week’s near 4-month low, with rising tensions between the United States and North Korea seen as the key to the near-term outlook. In addition to worries over geopolitical risks, the dollar came under pressure on Friday after softer-than-expected inflation data for July dampened expectations for another Federal Reserve interest rate hike this year. The dollar inched up 0.1 percent to 109.29 yen , edging away from Friday’s low of…

Read More
Business Leon Cooperman North Korea U.S. United States 

After a long drought, bear market funds attract buyers

August 12, 2017 By Trevor Hunnicutt NEW YORK (Reuters) – Bearish stock investors are slowly coming out of hibernation, as money has begun to move into funds that aim to profit when markets dive. U.S. mutual funds that attempt to profit in falling markets attracted $413 million in new investments during the second quarter, the funds’ largest inflows since the height of 2013’s “Taper Tantrum” selloff, according to Thomson Reuters’ Lipper research unit. On Thursday, the S&P 500 experienced its first 1 percent-plus drop in 58 trading days, as the…

Read More
Economy increase New Zealand North Korea Top News United States 

Swiss franc eases slightly after spiking on North Korea tensions

August 10, 2017 By Masayuki Kitano SINGAPORE (Reuters) – The Swiss franc eased versus the dollar on Thursday, but still held on to the bulk of hefty gains made the previous day as heightened tensions between the United States and North Korea sent investors looking for havens. Against the greenback, the Swiss franc eased about 0.1 percent to 0.9645 per dollar , having surged about 1.1 percent on Wednesday. The Swiss franc had also risen more than 1 percent against the euro on Wednesday, recording one of its largest single-day…

Read More
Facebook Auto Publish Powered By : XYZScripts.com