US (1st) Bank of America CEO: The current economic situation is good, do not think that interest rate will be cut this year The market is expected to raise interest rates twice in the second half of the year, but Brian Moynihan, chief executive of by Todd Bishop 7 years ago
Markets The global semiconductor market is shrinking by 12% this year. The Global Semiconductor Trade Statistics Organization (WSTS) estimates that the market size will shrink by 12% year-on-year to $412 billion in 2019. by Todd Bishop 7 years ago
US (1st) US plus Mexico tariff Toyota: parts suppliers may increase the burden of 1.07 billion US dollars The United States imposes tariffs on imported goods from Mexico, and the automobile industry has the greatest impact. Toyota estimates that the main by Todd Bishop 7 years ago
Markets World Bank’s global economic growth rate was lowered to 2.6% in 2019, China fell to 6.2% The World Bank released the 2019 Global Economic Prospects report in June, which lowered the global economic growth forecast. The forecast for by Todd Bishop 7 years ago
Asia Pacific Samsung established a research center to develop 6G core technology South Korea’s “Daily News” quoted industry news reports, Samsung Research, which is responsible for Samsung Electronics Research and Development (R&D), recently opened by Todd Bishop 7 years ago
Business Then there is a fast fashion company in trouble with Forever 21. Forever 21, a well-known fast fashion store, is talking about restructuring plans to strengthen the company’s cash flow. CNBC quoted sources as by Todd Bishop 7 years ago
US (1st) Patek Wealth Management: The US may cut interest rates twice in a few months The US economy may slow down. The market estimates that the Fed may change the direction of interest rate hikes and even by Todd Bishop 7 years ago
Business UBS expects China and the United States to have a higher chance of reaching a trade agreement in the second half of the year China-US trade prospects are unclear. The market expects that China and the United States will negotiate again at the G20 summit at by Todd Bishop 7 years ago
Politics US Federal Reserve Chairman: Will take appropriate measures to maintain economic growth The China-US trade war is overshadowed, and the US Federal Reserve has opened officials for the first time. It is expected that by Todd Bishop 7 years ago
Markets Iran warns: oil prices in the Persian Gulf will break through 100 dollars if it breaks military conflict The relationship between the United States and Iran has continued to be tense. Since the United States withdrew from the Iranian nuclear by Todd Bishop 7 years ago