Markets
Donald Trump's trade war hits Chinese exports
Despite the levies, exports to the United States grew 11.3% a year ago while imports rose 0.7%, expanding the surplus to $323.3 billion from $275.8 billion in 2017, customs data show. China also increased its trade surplus with the USA - a key bone of contention for Donald Trump in the trade war - by 17% to $323.3bn, the highest since 2006. [Full Article...]
CPI Inflation Falls To An 18-Month Low
According to the government data released Monday, deflation in food articles stood at 0.07 per cent in December, against 3.31 per cent in November. WPI December data was lower than a provisional 4.64% rise in November, and below a 4.42% increase forecast by economists. [Full Article...]
China '18 trade surplus with USA at record $323B
For the month, imports also unexpectedly contracted, falling 7.6 percent, the biggest decline since July 2016. Traditionally China imports vast quantities of American soybeans in the second half of the year - but the buying fell off after China hit USA soybeans with a 25 percent retaliatory import tariff this summer. [Full Article...]
Samsung Galaxy M series will compete with Redmi and Realme
It is worth noting that the new Galaxy M series will take the place of the budget Galaxy J series, and for a starter, the series will pack premium features to give the much-needed push to Samsung in the budget segment. The entry-level Galaxy M10 is rumored to be equipped with a 5.6-inch LCD screen, and is expected to be powered by the Exynos 7870 chipset. A 13MP camera is said to adorn the b... [Full Article...]
Trump Torches Elizabeth Warren Over Video Of Her Drinking Beer
Woman rides electrical cart, drinks wine from Pringles can
The police arrived at the 2700 Central E Fwy location just after after 9am to check on the suspicious person call. Officers were also told she was drinking wine from a Pringle's can. Police were able to locate the woman at a nearby restaurant and barred her from the Walmart . Employees asked officers to ban the woman from the store. [Full Article...]
Nissan top exec Munoz resigns amid broadened Ghosn probe
Sepehri is an Iranian-born French lawyer who helped Ghosn negotiate the 1999 alliance with Nissan. The breach of trust charge is regarded as particularly serious, and Ghosn's lawyer Motonari Otsuru admitted Tuesday it would be "very difficult" to secure bail for his client. [Full Article...]
Ontario autoworkers vow to keep fighting plant closure as GM profits rise
Unifor brought in thousands of members from across Ontario by bus for the rally on Windsor's riverfront as part of its campaign to reverse GM's decision. "We're asking Canadians and governments at all levels to make it clear to GM that we will hold them accountable should they decide to inflict this damage by closing a top-quality and productive plant for no other reason than corporate greed". [Full Article...]