Why Trade Is Evolving, Not Going Away

Thanks;Francisco Aristeguieta CEO, Citigroup Asia Pacific/ *This article originally appeared as part of the 2018 Milken Institute Asia Summit. Published;September 13, 2018 Anyone focused exclusively on the bold headlines and market moves of 2018 can be forgiven for concluding that trade is doing more than just rattling markets. To some, these moves signal the demise…

Taiwan machinery industry benefits from US-China trade war

Thanks;Jakarta, posted: Published;Thu, August 16, 2018 | 12:45 pm A exhibit at the 16th Taipei International Plastics and Rubber Industry show (Taipei Plas) in Nangang Exhibition Center in Taipei, on Wednesday.(JP/Dewanti A. Wardhani) While the United States and China have got embroiled in a trade war, Taiwan has risen to become a beneficiary of the…

Starbucks has launched a “new retail” strategic partnership with Alibaba.

Thanks;Jeffrey Towson So Starbucks has launched a “new retail” strategic partnership with Alibaba. And in doing so they are leapfrogging to the front of digital and consumer China. Kudos. That’s impressive. And it’s pretty bad news for Luckin Coffee. The Alibaba-Starbucks deal, as announced, has three components: 1) A tie-in with Ele.me for delivery. The…

American banks continue to phase out free checking accounts

Thanks;Maria LaMagna Published;Jan 23, 2018 12:55 a.m. ET Bank of America has shut down one of its checking accounts, used by some low-income consumers Bank of America has eliminated one of its checking accounts. Bad news for low-income consumers: There’s now one fewer place where you can store your cash for free. Bank of America…