Tags: trump

Xi Jinping takes centre stage

In the coming weeks, two major events will again focus the international spotlight on China as it projects its power on the world stage. Next week, President Xi Jinping (習近平) is expected to hold an informal summit with US President Donald Trump in Florida, the first time the two world leaders will meet face-to-face, according […]

Soros backed Goldman Sachs, B of A

Soros Fund Management, the firm that invests the personal fortune of billionaire investor and philanthropist George Soros, took a handful of new positions in financial stocks during the fourth quarter as the sector was buoyed by Donald Trump’s presidential victory. The New York-based firm disclosed a $14.9m position in Goldman Sachs and made a new bet […]

‘Avoid UK investments’ – top consultancy

Europe’s largest management consultancy has warned against investing in Britain. In an interview with The Times, Charles-Edouard Bouée, the chief executive of Roland Berger, which is Europe’s largest management consultancy and competes with the likes of McKinsey and Bain & Co, said that businesses are still underestimating the complexity of Brexit negotiations. “We’re advising our […]

Fed holds fire on rates

The US Federal Reserve has signalled that it remains on track to raise interest rates this year as policymakers said consumer and business confidence had climbed in the wake of Donald Trump’s US election victory. While policymakers voted unanimously to keep interest rates at a target range of between 0.5 percent and 0.75 percent, officials […]

Berkeley faces funding threat from Trump

US President Donald Trump has threatened to withdraw federal funds from the University of California at Berkeley after protesters caused a talk by the senior editor of Breitbart News to be cancelled. Demonstrators hurled smoke bombs, started fires and smashed windows ahead of Milo Yiannopoulos’ scheduled visit on Wednesday. “If U.C. Berkeley does not allow free […]

China trumps US in Pacific deal

John Brinkley, a Forbes contributor, points out the benefit to China from Trump’s TPP move: ‘Well, he’s done it. President Trump has withdrawn the United States from the Trans-Pacific Partnership. “The Trans-Pacific Partnership is another disaster done and pushed by special interests who want to rape our country, just a continuing rape of our country,” […]

Warning on Trumponomics

Tax cuts, deregulation and more federal spending advocated by the incoming Trump administration are a classic remedy for economic stagnation and long unemployment lines. But that medicine may be too strong for an economy that has grown for eight years, with wages now rising and the jobless rate near what many economists consider “full” employment. […]

Trump’s Russian odyssey revealed

The New York Times has looked in great detail – and no-one can fault the Gray Lady for not running an analysis piece it takes a whole lunch hour to read – at Donald Trump’s business relationship with Russia: It was 2005, and Felix Sater, a Russian immigrant, was back in Moscow pursuing an ambitious […]

Ding wants bite of US infrastructure

China Investment Corporation (CIC), the country’s sovereign wealth fund, is looking to raise alternative investments in the United States due to low returns in public markets, its chairman said on Monday. CIC will boost its investments in private equity and hedge funds as well as making more direct investments in the world’s largest economy, Ding […]

Big pharma loses out

Donald Trump’s scathing comments about the pharmaceutical industry, which wiped billions of dollars off the US healthcare market on Wednesday, sent shockwaves through the sector on the European side of the Atlantic on Thursday, the UK’s Independent reports. In his first media conference since November’s vote, the President-elect on Wednesday accused US firms of “getting […]