Business News
Asian markets cheer U.S.-Mexico trade deal
Asian shares advanced on Tuesday and the U.S. dollar hovered near one-month lows as a U.S.-Mexico deal to overhaul the North American Free Trade Agreement boosted risk appetite.
Articles by admin
Business News
Mexico minister says would tweak bilateral U.S. trade deal without Canada
Mexico’s Economy Minister Ildefonso Guajardo said on Monday that the trade accord it announced on Monday with the United States would have to be tweaked, particularly regarding rules of origin, if it ends up as a bilateral agreement without Canada.
Trading Ideas
The Latest: Canadian official heading to US for trade talks
WASHINGTON (AP) — The Latest on a U.S. trade agreement with Mexico (all times local): …read more […]
Business News
Asian shares gain on U.S.-Mexico trade optimism
Asian shares advanced again on Tuesday while major currencies held on to gains amid hopes global tariff tensions were abating as the United States and Mexico made a deal to overhaul the North American Free Trade Agreement.
Business News
Factbox: Five key takeaways from Trump’s U.S.-Mexico trade deal
The United States and Mexico agreed on Monday to a sweeping trade deal that pressures Canada to accept new terms on autos trade, dispute settlement and agriculture to keep the trilateral North American Free Trade Agreement (NAFTA).
Trading Ideas
6 Metrics Highlight VMware's Strong Second Quarter
More broad-based momentum reinforces why investors have been piling into this stock. …read more […]
Business News
Mexico’s next leader says NAFTA deal preserves energy ‘sovereignty’
Mexican president-elect Andres Manuel Lopez Obrador welcomed a deal between Mexico and the United States to overhaul the North American Free Trade Agreement (NAFTA) that he said preserved Mexican “sovereignty” in the energy sector.
Business News
Most Mexican auto exports can meet new NAFTA rules, says minister
Most of Mexico’s auto exports should comply with new rules drawn up under the agreement struck between Mexico and the United States in the renegotiation of the North American Free Trade Agreement (NAFTA), Mexico’s economy minister said on Monday.
Business News
Fidelity’s Danoff backs Facebook’s response to content, privacy issues
Facebook Inc’s second-biggest outside investor has offered backing for the world’s largest social media company as it faces public criticism for what people see on its service and how much user information is shared with third parties.
Trading Ideas
The Truth About Trump’s ‘Tremendous’ New Trade Deal with Mexico
After months of fractious negotiations, President Donald Trump on Monday announced that his administration has reached an understanding with Mexico on a new 16-year trade deal to replace the North American Free Trade Agreement (NAFTA). It requires 75 percent of an automobile’s value to be manufactured in North America, up from 62.5 percent under NAFTA. No new tariffs would be imposed on agricultural goods traded between the U.S. and Mexico, according to reports. …read more […]
Business News
U.S. says China’s steel wheels subsidized, will impose duties on imports
The U.S. Commerce Department said on Monday it had made a preliminary determination that imports of certain steel wheels from China were subsidized at rates ranging from 58.75 percent to 172.51 percent, and it would impose duties on the product.
Trading Ideas
Facebook Stock May Be Setting Up as a Buy
It’s been a highly volatile ride for Facebook (NASDAQ:FB) stock so far in 2018. Investors are no doubt wondering if they want to part ways with Facebook. Should investors sell FB stock and buy other FANG behemoths like Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL), Amazon.com (NASDAQ:AMZN) or Netflix (NASDAQ:NFLX)? …read more […]
Business News
Tesla, Elon Musk win dismissal of lawsuit over Model 3 production
A federal judge in San Francisco dismissed a securities fraud lawsuit in which Tesla Inc shareholders accused the electric car company and Chief Executive Elon Musk of misleading them about the progress of production of its Model 3 vehicle.
Trading Ideas
All-Time highs: 6 stocks to buy
The “Fast Money” traders give you 6 trades as the U.S. stock market hits all time highs. …read more […]
Trading Ideas
U.S., Mexico reach NAFTA deal, turn up pressure on Canada
The United States and Mexico agreed on Monday to overhaul the North American Free Trade Agreement (NAFTA), putting pressure on Canada to agree to new terms on auto trade and dispute settlement rules to remain part of the three-nation pact. Auto stocks soared and the S&P 500 and the Nasdaq rallied to record highs on the expectation that Canada would sign onto the deal and ease the economic uncertainty caused by U.S. President Donald Trump’s repeated threats to ditch the 1994 accord. Details of gains and concessions in the deal were only starting to emerge on Monday. …read more […]