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| Apple splashes $6bn on new shows in streaming wars |
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iPhone maker boosts spending to draw stars such as Jennifer Aniston and Reese Witherspoon
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| Trump 'not ready' for China trade deal, dismisses recession fears |
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U.S. President Donald Trump and top White House officials dismissed concerns that economic growth may be faltering, saying on Sunday they saw little risk of recession despite a volatile week on global bond markets, and insisting their trade war with China was doing no damage to the United States
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| There is no recession coming, says White House |
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Larry Kudlow says economy in ‘good shape’ but floats tax cuts funded by tariffs
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| U.S. whiskey exporters struggle after year of EU tariffs |
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When Europe’s tariffs on U.S. whiskey hit in June 2018, craft distillery Mountain Laurel Spirits LLC lost 10% of its sales overnight as its European distributor simply stopped buying its award-winning Dad’s Hat Pennsylvania Rye Whiskey
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| China's central says new loan benchmark to be based off medium-term liquidity |
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A new benchmark interest rate Chinese banks will need to use to set lending rates will be linked to the central bank’s medium-term liquidity facility, a People’s Bank of China policy adviser told state media on Monday
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| China Preps Tariff Response as Trump Sees a Xi Call ‘Very Soon’ |
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China called looming U.S. tariffs a violation of accords reached by Presidents Donald Trump and Xi Jinping, vowing retaliation as Beijing also pushed back on Trump’s effort to link the trade war with the turmoil in Hong Kong
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| US blacklists China nuclear company over military tech theft |
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Hinkley Point partner CGN must seek rarely granted licence to import American knowhow
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| China Loses Status as U.S.’s Top Foreign Creditor to Japan |
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Japan surpassed China in June as the top holder of U.S. Treasuries as the trade war between the world’s two largest economies intensified
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| Mexico's central bank cuts rates for first time in 5 years as economy sputters |
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Mexico’s central bank on Thursday cut its key lending rate for the first time since June 2014, citing slowing inflation and increasing slack in the economy, and fueling expectations that further monetary policy easing could be on the way
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| India faces WTO investigation over sugar subsidies |
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Australia, Brazil and Guatemala say New Delhi is contributing to a global sugar glut
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| U.S. curve inverts for first time in 12 years; 30-year yield tumbles |
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The U.S. Treasury yield curve temporarily inverted on Wednesday for the first time since June 2007 in a sign of investor concern that the world’s biggest economy could be heading for recession
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| US stocks slide 3% as bond market signals recession |
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Weak data send debt yields in US and the UK lower while Asian markets mirror falls
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| Germany’s economy just shrank |
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Will the government open the spending taps?
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| Exclusive: China curbs gold imports as trade war heats up |
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China has severely restricted imports of gold since May, bullion industry sources with direct knowledge of the matter told Reuters, in a move that could be aimed at curbing outflows of dollars and bolstering its yuan currency as economic growth slows
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| US to delay some tariffs on Chinese goods |
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Trump postpones levies on more than $150bn worth of goods until December
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Interview
Interview with Sholpan Kozhamkulova
Sholpan Kozhamkulova, Ph.D., Assistant Professor, Chair, Department of Journalism and Mass Communication, KIMEP, Almaty
Watch video
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