China posts record trade surplus with the US in September, Beijing says China recorded a record trade surplus of $34.13 billion with the U.S. in September amid intense trade tensions between the world's two largest economies. Economists say strong Chinese export data recently is due to exporters benefiting from increased orders before U.S. tariffs hit,
A storm is brewing’ in the US economy, says economist Diane Swonk Even if there isn’t a full-blown trade war, the uncertainty surrounding tariffs can hurt the U.S. economy, says economist Diane Swonk. “If we are to continue to have this uncertainty then you have over time a corrosive effect that builds up in 2019
The signs of a potential market crash are now appearing, asset manager warns Despite a generally sunny economic outlook, trouble may be lurking around the corner, according to one asset manager. Filia pointed to the increasing frequency of value-at-risk shocks, or swift market corrections, as an indication of fragility for global markets. Historic debt levels
