South Korea cuts growth target as global demand gets hit from US-China trade war

The government now aims to achieve growth of between 2.4% and 2.5% this year, slower than 2.6 to 2.7% range projected in its previous forecast in December last year, the finance ministry said. The worsening global outlook also prompted the government to slash its projections for exports for Asia's fourth largest economy in a sign policymakers will likely need to […]

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US stocks trade cautiously as Iran tensions rise

Stock performing ‘remarkably’ in the face of rising tensions: Jon Hilsenrath Wall Street Journal global economics editor Jon Hilsenrath discusses his outlook for the markets. U.S. stocks traded mixed on Friday, the day after the S&P 500 closed at a record high, as rising tensions between the U.S. and Iran kept investors cautious. Continue Reading Below President Trump had approved a military […]

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Oil slips as demand concerns outweigh Mideast geopolitics

Former Shell Oil President on oil: We don’t need the imports Former Shell Oil President John Hofmeister on the need for the U.S. to be energy independent. Oil prices fell on Friday on fears trade disputes will dent global oil demand, although the attacks this week on two oil tankers in the Gulf of Oman gave prices a floor. Continue Reading Below Brent crude futures […]

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Tory leadership race: As Sam Gyimah leaves the race, who will be next to fall?

Sam Gyimah’s candidacy to succeed Theresa May lasted just nine days. It was launched to broaden the Conservative leadership campaign to include one of the handful of Tory supporters of a second referendum. His supporters whispered that he had sympathy right up to and including members of the cabinet. It didn’t work. Given that more than eight out of 10 […]

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G-20 talks trade, finance as Japan readies for Osaka summit

Bank of Japan Governor Haruhiko Kuroda, center bottom, speak with other participants prior to G20 Finance Ministers’ and Central Bank Governors’ Meeting Saturday, June 8, 2019, in Fukuoka, western Japan. (AP Photo/Eugene Hoshiko, Pool) Trade and economy ministers of the Group of 20 major economies met Sunday in Japan to discuss ways to reorder trade rules and finances in an […]

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Consider REIT ETFs as Trade Uncertainty Looms Over Markets

This article was originally published on ETFTrends.com. Real estate investment trusts and sector-related ETFs could be an area for investors to look to as the U.S.-China trade tiff grips the markets. REITs are comprised of companies that own office towers, hotels, shopping malls and other commercial properties, offering investors exposure to the domestic economy and away from the uncertainty associated […]

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Stock futures up as Huawei ban delay offsets retail woes

Increased market volatility ahead over China trade uncertainties? E-Valuator Funds CIO Kevin Miller on Home Depot’s first-quarter results and the impact of U.S.-China trade tensions and the Federal Reserve on the markets. U.S. stock futures rose Tuesday as the administration's delay on its blacklisting of Huawei Technologies offset the effect of weak retail quarterly results. Continue Reading Below Kohl's reported that […]

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U.S. Markets Rise As Investors Digest Trade Tensions

This article was originally published on ETFTrends.com. U.S. markets are up Tuesday, regaining some of the lost ground following a steep sell-off in the prior session, as investors continue to deliberate over the impact of the broadening trade war between the United States and China. With most of the major sectors currently in the green, the Dow Jones Industrial Average is up […]

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